After costs, if the gap returns to its 7d average, $10k−$114
spread now−0.213%7d average−0.065%fees + slippage, in and out−$99spread needed0.990%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH VVV | 30.572 | 0.0096 | pay 0.0012% / 1h | 52m 19s | $452K | $1.5M | 5x |
| Short | Phemex VVVUSDT | 30.507 | 0.0100 | get 0.0050% / 4h | 2h 52m | $2.1M | $2.0M | 50x |
Lighter RH VVV
Phemex VVVUSDTPrice 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
- −$21.26
- Funding while held
- $0.12
- Slippage, 4 orders
- −$87
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$120.14
- Spread needed to break even
- 0.990%
Slippage from Lighter RH: live order book, 2 min ago; Phemex: live order book, 2 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, 2 min ago | 7.53 bp | 8.9 bp −$9 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 2.79 bp | 42.1 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni30.454cheapestedgeX30.455+0.004%Phoenix30.494+0.132%
Variational Omni
PhoenixPhemex30.507+0.174%
BloFin30.526+0.237%Kalshi30.531+0.253%Nado30.533+0.261%GMX30.538+0.275%Derive30.541+0.287%Bitget30.544+0.296%Polymarket Perps30.547+0.306%gTrade (Gains Network)30.548+0.308%RISEx30.548+0.309%Gate30.548+0.309%Deribit30.552+0.321%Bybit30.552+0.323%Aevo30.553+0.325%Backpack30.553+0.326%MEXC30.558+0.342%Binance30.560+0.348%Pacifica30.561+0.351%Extended30.561+0.351%Coinbase International30.561+0.353%BingX30.563+0.358%KuCoin30.569+0.378%OKX30.570+0.381%Paradex30.571+0.384%
BloFin
Nado
GMX
Derive
Bitget
Polymarket Perps
gTrade (Gains Network)
RISEx
Gate
Deribit
Bybit
Aevo
Backpack
MEXC
Binance
Pacifica
Extended
Coinbase International
BingX
KuCoin
OKX
ParadexLighter RH30.572+0.388%
Aster30.574+0.394%Hyperliquid30.575+0.398%01 Exchange30.578+0.408%Lighter30.584+0.426%
Aster
Hyperliquid
LighterInjective32.820+7.770%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.386% | +0.0100% | 4h | $2.0M | $209K | — | as long as short |
| edgeX VVVUSDC | −0.382% | +0.0106% | 4h | $76K | $326K | 10x | as long as short |
| Phoenix VVV | −0.255% | +0.0105% | 1h | $53K | $278K | 5x | as long as short |
| Phemex VVVUSDTshort | −0.213% | +0.0100% | 4h | $2.1M | $2.0M | 50x | |
| BloFin VVV-USDT | −0.150% | +0.0041% | 4h | $1.4M | $1.5M | 25x | as long as short |
| Kalshi KXVVVPERP | −0.134% | 0.0000% | 8h | $143K | $6.6M | 1.7x | as long as short |
| Nado VVV-PERP | −0.126% | +0.0100% | 1h | $118K | $711K | 3x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.112% | L +0.0434% / S −0.0202% | 1h | $507K | — | 100x | as long as short |
| Derive VVV-PERP | −0.101% | +0.0100% | 1h | $408 | $343 | 5x | as long as short |
| Bitget VVVUSDT | −0.092% | +0.0100% | 4h | $5.6M | $8.0M | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps VVV-USD | −0.082% | +0.0100% | 1h | $125K | $855K | 3x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.080% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| RISEx VVV/USDC | −0.079% | +0.0082% | 1h | $371K | $566K | 5x | as long as short |
| Gate VVV_USDT | −0.079% | +0.0100% | 4h | $10.4M | $7.2M | 25x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.066% | 0.0000% | 1h | $88K | $22K | 10x | as long as short |
| Bybit VVVUSDT | −0.065% | +0.0100% | 4h | $38.7M | $49.1M | 20x | as long as short |
| Aevo VVV-PERP | −0.062% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Backpack VVV_USDC_PERP | −0.062% | +0.0706% | 1h | $125K | $355K | 5x | as long as short |
| MEXC VVV_USDT | −0.046% | +0.0100% | 4h | $15.2M | $6.3M | 50x | as long as short |
| Binance VVVUSDT | −0.039% | +0.0100% | 4h | $33.7M | $148.0M | 25x | as long as short |
| Pacifica VVV | −0.037% | +0.0100% | 1h | $168K | $161K | 10x | as long as short |
| Extended VVV-USD | −0.037% | +0.0104% | 1h | $294K | $1.6M | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.035% | +0.0176% | 1h | $219K | $1.1M | 25x | as long as short |
| BingX VVV-USDT | −0.029% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| KuCoin VVVUSDTM | −0.010% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| OKX VVV-USDT-SWAP | −0.007% | +0.0100% | 4h | $4.9M | $38.4M | 20x | as long as short |
| Paradex VVV-USD-PERP | −0.004% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Lighter RH VVVlong | 0.000% | +0.0096% | 1h | $452K | $1.5M | 5x | |
| Aster VVVUSDT | +0.006% | +0.0100% | 4h | $307K | $1.7M | 10x | as long as short |
| Hyperliquid VVV | +0.010% | +0.0313% | 1h | $69.9M | $51.0M | 3x | as long as short |
| 01 Exchange VVVUSD | +0.020% | +0.0328% | 1h | $11K | $3K | 3x | as long as short |
| Lighter VVV | +0.038% | +0.0096% | 1h | $2.1M | $5.2M | 5x | as long as short |
| Injective VVV/USDC PERP | +7.353% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |