Settings8H · net · $10k
Funding arb · Price arb /

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.071%
Price spread now: Deribit against Lighter RH−0.183%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.632%−$63 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.183% cheaper against Lighter RH than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH VVV31.9640.0096pay 0.0012% / 1h4m 22s$473K$1.6M5x
ShortDeribit VVV_USDC-PERPETUAL31.9050get 0.0000% / 1h4m 22s$89K$24K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Lighter RH. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$20.16
Price spread: −0.183% → 0.000%
−$18.33
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$45.49
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Lighter RH: live order book, 3 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 3 min ago5.01 bp5.0 bp −$519.0 bp −$190doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

VVV on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit VVVUSDT−0.0245%4h31.936−0.087%$39.0M$51.6M20xas long as short
Polymarket Perps VVV-USD−0.0228%1h31.930−0.106%$159K$1.2M3xas long as short
Gate VVV_USDT−0.0124%4h31.949−0.047%$10.7M$7.4M25xas long as short
RISEx VVV/USDC−0.0015%1h31.940−0.076%$392K$597K5xas long as short
01 Exchange VVVUSD0.0000%1h31.969+0.016%$11K$3K3xas long as short
Kalshi KXVVVPERP0.0000%8h31.931−0.103%$114K$6.5M1.7xas long as short
Phoenix VVV0.0000%1h31.910−0.169%$56K$298K5xas long as short
Deribit VVV_USDC-PERPETUALshort0.0000%1h31.905−0.183%$89K$24K10x
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0004%1h31.953−0.036%$797150xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+2.678%$2K$1K5.5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin VVV-USDT+0.0045%4h31.923−0.128%$1.3M$1.8M25xas long as short
Lighter VVV+0.0096%1h31.955−0.027%$2.2M$5.9M5xas long as short
Lighter RH VVVlong+0.0096%1h31.964long leg$473K$1.6M5x
Nado VVV-PERP+0.0100%1h31.956−0.023%$125K$850K3xas long as short
Hyperliquid VVV+0.0100%1h31.955−0.028%$74.2M$54.9M3xas long as short
Aster VVVUSDT+0.0100%4h31.951−0.039%$260K$1.9M10xas long as short
Pacifica VVV+0.0100%1h31.985+0.067%$191K$183K10xas long as short
Binance VVVUSDT+0.0100%4h31.947−0.053%$33.6M$154.1M25xas long as short
OKX VVV-USDT-SWAP+0.0100%4h31.921−0.135%$4.7M$41.3M20xas long as short
MEXC VVV_USDT+0.0100%4h31.955−0.028%$6.5M$7.0M50xas long as short
KuCoin VVVUSDTM+0.0100%4h31.925−0.122%$2.0M$2.8M20xas long as short
Bitget VVVUSDT+0.0100%4h31.930−0.106%$5.8M$8.9M20xas long as short
BingX VVV-USDT+0.0100%4h31.941−0.072%$5.4Mas long as short
Backpack VVV_USDC_PERP+0.0100%1h31.940−0.074%$123K$335K5xas long as short
Variational Omni VVV+0.0100%4h31.882−0.258%$2.1M$190Kas long as short
Derive VVV-PERP+0.0100%1h31.906−0.182%$3K$3K5xas long as short
Phemex VVVUSDT+0.0100%4h31.924−0.125%$2.1M$2.1M50xas long as short
Paradex VVV-USD-PERP+0.0100%8h31.980+0.049%$3K$1065xas long as short
edgeX VVVUSDC+0.0100%4h31.926−0.118%$79K$334K10xas long as short
Extended VVV-USD+0.0104%1h31.940−0.075%$304K$2.0M5xas long as short
Aevo VVV-PERP+0.0104%1h31.919−0.141%$6K3xas long as short
GMX VVV/USD [ETH-USDC]L +0.0177% / S +0.0121%1h31.942−0.070%$578K100xas long as short
Coinbase International VVV-PERP-INTX+0.0320%1h31.927−0.115%$245K$1.3M25xas long as short