Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.050%

Price spread now: Paradex against Lighter RH−0.061%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.061% cheaper against Lighter RH than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH VVV	30.956	0.0096	pay 0.0012% / 1h	12m 47s	$452K	$1.6M	5x
Short	Paradex VVV-USD-PERP	30.937	0.0100	get 0.0100% / 8h	4h 12m	$3K	$73	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.061%Rate

Funding earned: $0.83
Price spread: −0.061% → 0.000%: −$6.13
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$9.3
Costs to cover: 0.040%
Break-even: 85.8 days

Slippage unknown: Lighter RH: live order book, 5 min ago; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter RH live order book, 5 min ago	2.10 bp	7.5 bp −$8	21.6 bp −$216	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx VVV/USDC	−0.0299%	1h	30.918	−0.121%	$379K	$631K	5x	as long as short
Polymarket Perps VVV-USD	−0.0087%	1h	30.922	−0.110%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.936	−0.064%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.941	−0.050%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.021%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	30.946	−0.032%	$11K	$3K	3x	as long as short
Gate VVV_USDT	+0.0052%	4h	30.929	−0.087%	$10.4M	$6.0M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.870	−0.278%	$145K	$1.2M	25x	as long as short
BloFin VVV-USDT	+0.0075%	4h	30.952	−0.013%	$1.3M	$1.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.954	−0.007%	$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	30.956	long leg	$452K	$1.6M	5x
Paradex VVV-USD-PERPshort	+0.0100%	8h	30.937	−0.061%	$3K	$73	5x
Nado VVV-PERP	+0.0100%	1h	30.953	−0.008%	$142K	$872K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.964	+0.026%	$70.6M	$49.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.941	−0.050%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.958	+0.006%	$183K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.946	−0.032%	$33.1M	$128.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.942	−0.045%	$38.5M	$43.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.951	−0.016%	$4.8M	$32.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.947	−0.029%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.924	−0.103%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.939	−0.055%	$5.7M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.937	−0.061%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.848	−0.350%	$1.9M	$283K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.936	−0.064%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.916	−0.129%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	30.880	−0.245%	$77K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.931	−0.081%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.931	−0.082%	$6K	—	3x	as long as short
Backpack VVV_USDC_PERP	+0.0131%	1h	30.975	+0.060%	$120K	$249K	5x	as long as short
Kalshi KXVVVPERP	+0.0145%	8h	30.899	−0.184%	$103K	$5.6M	1.7x	as long as short
Phoenix VVV	+0.0182%	1h	30.894	−0.200%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0174%	1h	30.937	−0.061%	$542K	—	100x	as long as short