After costs, if the gap returns to its 7d average, $10k+$78
spread now+1.517%7d average−0.129%fees + slippage, in and out−$87spread needed0.868%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH VVV | 30.987 | 0.0096 | pay 0.0012% / 1h | 29m 53s | $458K | $1.5M | 5x |
| Short | KuCoin VVVUSDTM | 31.457 | 0.0100 | get 0.0050% / 4h | 2h 29m | $2.6M | $2.4M | 20x |
Lighter RH VVV
KuCoin VVVUSDTMPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $151.68
- Funding while held
- $0.12
- Slippage, 4 orders
- −$74.8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $65
- Spread needed to break even
- 0.868%
Slippage from Lighter RH: live order book, 4 min ago; KuCoin: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 4 min ago | 3.88 bp | 9.0 bp −$9 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 11.20 bp | 37.9 bp −$38 | 199.5 bp −$1,995 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Phoenix30.788cheapestVariational Omni30.794+0.020%Coinbase International30.798+0.034%BloFin30.801+0.042%edgeX30.819+0.100%Kalshi30.917+0.419%Pacifica30.920+0.430%Aevo30.935+0.479%Nado30.941+0.495%Phemex30.950+0.526%Polymarket Perps30.953+0.536%GMX30.953+0.537%RISEx30.956+0.547%gTrade (Gains Network)30.966+0.577%Paradex30.966+0.580%Derive30.969+0.587%01 Exchange30.978+0.617%Deribit30.985+0.639%
Phoenix
Variational Omni
Coinbase International
BloFin
Pacifica
Aevo
Nado
Phemex
Polymarket Perps
GMX
RISEx
gTrade (Gains Network)
Paradex
Derive
DeribitLighter RH30.987+0.646%
Lighter30.993+0.665%Aster31.144+1.156%Backpack31.146+1.164%Extended31.316+1.715%Gate31.353+1.835%Bitget31.365+1.874%Bybit31.390+1.957%BingX31.393+1.965%OKX31.398+1.981%MEXC31.398+1.981%Binance31.409+2.017%Hyperliquid31.423+2.062%
Lighter
Aster
Backpack
Extended
Gate
Bitget
Bybit
BingX
OKX
MEXC
Binance
HyperliquidKuCoin31.457+2.173%
Injective32.820+6.600%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix VVV | −0.642% | +0.0105% | 1h | $54K | $278K | 5x | as long as short |
| Variational Omni VVV | −0.622% | +0.0100% | 4h | $2.1M | $209K | — | as long as short |
| Coinbase International VVV-PERP-INTX | −0.609% | +0.0176% | 1h | $219K | $1.0M | 25x | as long as short |
| BloFin VVV-USDT | −0.600% | +0.0123% | 4h | $1.3M | $1.6M | 25x | as long as short |
| edgeX VVVUSDC | −0.543% | +0.0113% | 4h | $77K | $327K | 10x | as long as short |
| Kalshi KXVVVPERP | −0.226% | 0.0000% | 8h | $137K | $6.6M | 1.7x | as long as short |
| Pacifica VVV | −0.215% | +0.0100% | 1h | $170K | $158K | 10x | as long as short |
| Aevo VVV-PERP | −0.166% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Nado VVV-PERP | −0.150% | +0.0100% | 1h | $117K | $720K | 3x | as long as short |
| Phemex VVVUSDT | −0.119% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps VVV-USD | −0.110% | +0.0100% | 1h | $128K | $853K | 3x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.109% | L +0.0439% / S −0.0203% | 1h | $515K | — | 100x | as long as short |
| RISEx VVV/USDC | −0.099% | +0.0082% | 1h | $384K | $570K | 5x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.069% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Paradex VVV-USD-PERP | −0.066% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Derive VVV-PERP | −0.059% | +0.0100% | 1h | $413 | $343 | 5x | as long as short |
| 01 Exchange VVVUSD | −0.029% | +0.0368% | 1h | $11K | $3K | 3x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.007% | +0.0241% | 1h | $89K | $22K | 10x | as long as short |
| Lighter RH VVVlong | 0.000% | +0.0096% | 1h | $458K | $1.5M | 5x | |
| Lighter VVV | +0.018% | +0.0096% | 1h | $2.1M | $5.3M | 5x | as long as short |
| Aster VVVUSDT | +0.506% | +0.0100% | 4h | $302K | $1.7M | 10x | as long as short |
| Backpack VVV_USDC_PERP | +0.514% | +0.0662% | 1h | $130K | $351K | 5x | as long as short |
| Extended VVV-USD | +1.062% | +0.0104% | 1h | $301K | $1.6M | 5x | as long as short |
| Gate VVV_USDT | +1.181% | +0.0100% | 4h | $10.7M | $7.3M | 25x | as long as short |
| Bitget VVVUSDT | +1.220% | +0.0100% | 4h | $5.7M | $8.0M | 20x | as long as short |
| Bybit VVVUSDT | +1.302% | +0.0100% | 4h | $39.7M | $49.0M | 20x | as long as short |
| BingX VVV-USDT | +1.310% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| OKX VVV-USDT-SWAP | +1.326% | +0.0100% | 4h | $5.1M | $39.5M | 20x | as long as short |
| MEXC VVV_USDT | +1.326% | +0.0100% | 4h | $15.6M | $6.4M | 50x | as long as short |
| Binance VVVUSDT | +1.362% | +0.0100% | 4h | $34.4M | $148.6M | 25x | as long as short |
| Hyperliquid VVV | +1.407% | +0.0245% | 1h | $72.2M | $51.4M | 3x | as long as short |
| KuCoin VVVUSDTMshort | +1.517% | +0.0100% | 4h | $2.6M | $2.4M | 20x | |
| Injective VVV/USDC PERP | +5.915% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |