Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.062%

Price spread now: OKX against Lighter RH+0.026%7-day average −0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$460.462% of the position

Long on Lighter RH Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.528%−$53 on $10k

Price spread, last 7 days−0.069%−$7 · spread now +0.026%, 7d avg −0.059%

Together, before fees−0.597%+ Points / potential airdropLighter RH: Points live · farm board−$60 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: OKX is 0.084% dearer against Lighter RH than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH VVV	31.284	0.0096	pay 0.0012% / 1h	28m 01s	$463K	$1.5M	5x
Short	OKX VVV-USDT-SWAP	31.292	0.0100	get 0.0050% / 4h	1h 28m	$4.8M	$37.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.026%Rate

Funding earned: $0.84
Price spread: +0.026% → −0.059%: $8.41
Slippage, 4 orders: −$36.18
Fee Lighter RH: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$36.93
Costs to cover: 0.462%
Break-even: 314.7 days

Slippage from Lighter RH: live order book, 5 min ago; OKX: live order book, 1 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, 5 min ago	5.64 bp	5.8 bp −$6	17.3 bp −$173	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	2.24 bp	12.3 bp −$12	70.2 bp −$702	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	−0.0152%	1h	31.265	−0.060%	$384K	$637K	5x	as long as short
Gate VVV_USDT	−0.0086%	4h	31.283	−0.003%	$10.5M	$6.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.290	+0.019%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.302	+0.056%	$23K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0033%	1h	31.296	+0.038%	$135K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.910%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	31.315	+0.099%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	31.290	+0.019%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVVlong	+0.0096%	1h	31.284	long leg	$463K	$1.5M	5x
Paradex VVV-USD-PERP	+0.0100%	8h	31.277	−0.021%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.308	+0.078%	$133K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.316	+0.102%	$72.0M	$51.5M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.355	+0.228%	$253K	$1.5M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.377	+0.297%	$188K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.279	−0.016%	$33.3M	$142.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.239	−0.143%	$38.5M	$46.9M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	31.292	+0.026%	$4.8M	$37.9M	20x
MEXC VVV_USDT	+0.0100%	4h	31.285	+0.003%	$6.3M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.311	+0.086%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.269	−0.048%	$5.7M	$8.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.297	+0.042%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.031	−0.810%	$2.0M	$241K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.274	−0.031%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.298	+0.045%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.273	−0.037%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.317	+0.104%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.052	−0.741%	$77K	$335K	10x	as long as short
BloFin VVV-USDT	+0.0119%	4h	31.360	+0.243%	$1.4M	$1.7M	25x	as long as short
Kalshi KXVVVPERP	+0.0143%	8h	31.348	+0.205%	$107K	$6.0M	1.7x	as long as short
Phoenix VVV	+0.0153%	1h	31.134	−0.479%	$38K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.175	−0.348%	$139K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.294	+0.032%	$564K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0209%	1h	31.323	+0.126%	$114K	$286K	5x	as long as short