VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.050%

Price spread now: Nado against Lighter RH+0.005%7-day average −0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$430.430% of the position

Long on Lighter RH Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.453%−$45 on $10k

Price spread, last 4 days (all we have)+0.065%+$6 · spread now +0.005%, 7d avg −0.056%

Together, before fees−0.389%+ Points / potential airdropLighter RH: Points live · Nado: Active · farm board−$39 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.061% dearer against Lighter RH than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH VVV	30.880	0.0096	pay 0.0012% / 1h	13m 48s	$451K	$1.6M	5x
Short	Nado VVV-PERP	30.881	0.0100	get 0.0012% / 1h	13m 48s	$142K	$872K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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

Position, each leg$Hold fordaysFee Lighter RHbpFee NadobpOrdersPrice spread, now +0.005%Rate

Funding earned: $0.84
Price spread: +0.005% → −0.056%: $6.06
Slippage, 4 orders: −$36.04
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$36.14
Costs to cover: 0.430%
Break-even: 308.2 days

Slippage from Lighter RH: live order book, 4 min ago; Nado: live order book, 45 min ago.

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	2.10 bp	7.5 bp −$8	21.6 bp −$216	doesn't fit	doesn't fit
Sell Nado live order book, 45 min ago	9.75 bp	16.3 bp −$16	75.0 bp −$750	doesn't fit	doesn't fit

VVV on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx VVV/USDC	−0.0299%	1h	30.858	−0.072%	$378K	$633K	5x	as long as short
Polymarket Perps VVV-USD	−0.0088%	1h	30.847	−0.107%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.866	−0.045%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.874	−0.020%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.282%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	30.878	−0.006%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0048%	4h	30.888	+0.026%	$1.3M	$1.6M	25x	as long as short
Gate VVV_USDT	+0.0048%	4h	30.867	−0.042%	$10.3M	$6.0M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.870	−0.033%	$145K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.922	+0.135%	$2.1M	$5.3M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVVlong	+0.0096%	1h	30.880	long leg	$451K	$1.6M	5x
Paradex VVV-USD-PERP	+0.0100%	8h	30.874	−0.020%	$3K	$73	5x	as long as short
Nado VVV-PERPshort	+0.0100%	1h	30.881	+0.005%	$142K	$872K	3x
Hyperliquid VVV	+0.0100%	1h	30.933	+0.172%	$70.5M	$49.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.887	+0.023%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.897	+0.056%	$182K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.910	+0.096%	$33.1M	$128.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.902	+0.070%	$38.4M	$43.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.915	+0.113%	$4.8M	$32.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.878	−0.006%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.868	−0.039%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.898	+0.058%	$5.7M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.885	+0.016%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.848	−0.105%	$1.9M	$283K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.872	−0.025%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.880	0.000%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.871	−0.029%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.872	−0.026%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	30.890	+0.033%	$77K	$334K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0128%	1h	30.902	+0.073%	$120K	$249K	5x	as long as short
Kalshi KXVVVPERP	+0.0145%	8h	30.923	+0.139%	$103K	$5.7M	1.7x	as long as short
Phoenix VVV	+0.0182%	1h	30.882	+0.006%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0174%	1h	30.871	−0.028%	$541K	—	100x	as long as short