Spread before costs (cost unknown: a leg has no order-book sample)+0.052%
7d average—if it closes, per $10,000$5funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex VVV-USD-PERP | 31.177 | 0.0100 | pay 0.0100% / 8h | 7h 42m | $3K | $106 | 5x |
| Short | Lighter RH VVV | 31.193 | 0.0096 | get 0.0012% / 1h | 42m 26s | $467K | $1.5M | 5x |
Paradex VVV-USD-PERP
Lighter RH VVVPrice 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
- $5.18
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $1.06
- Spread needed to break even
- 0.040%
Slippage unknown: Paradex: no order-book sample; Lighter RH: live order book, 2 min ago. Net counts fees only.
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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 2 min ago | 5.61 bp | 8.2 bp −$8 | 19.1 bp −$191 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International31.004cheapestVariational Omni31.040+0.117%Phoenix31.079+0.242%edgeX31.081+0.248%Extended31.128+0.400%BingX31.134+0.419%GMX31.141+0.440%OKX31.145+0.455%Deribit31.147+0.460%Bybit31.150+0.471%Gate31.155+0.487%gTrade (Gains Network)31.156+0.490%01 Exchange31.162+0.510%RISEx31.162+0.510%Bitget31.167+0.526%Polymarket Perps31.170+0.535%Aevo31.173+0.546%Aster31.174+0.547%
Coinbase International
Variational Omni
Phoenix
Extended
BingX
GMX
OKX
Deribit
Bybit
Gate
gTrade (Gains Network)
RISEx
Bitget
Polymarket Perps
Aevo
AsterParadex31.177+0.558%
Binance31.177+0.559%KuCoin31.181+0.571%MEXC31.190+0.600%
Binance
KuCoin
MEXCLighter RH31.193+0.610%
Lighter31.203+0.642%Hyperliquid31.205+0.648%Pacifica31.213+0.673%Phemex31.231+0.732%BloFin31.232+0.735%Backpack31.235+0.743%Derive31.236+0.747%Kalshi31.242+0.768%Nado31.243+0.771%
Lighter
Hyperliquid
Pacifica
Phemex
BloFin
Backpack
Derive
NadoInjective32.820+5.857%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International VVV-PERP-INTX | −0.554% | +0.0200% | 1h | $221K | $1.3M | 25x | as long as short |
| Variational Omni VVV | −0.438% | +0.0100% | 4h | $2.1M | $239K | — | as long as short |
| Phoenix VVV | −0.314% | +0.0232% | 1h | $55K | $297K | 5x | as long as short |
| edgeX VVVUSDC | −0.308% | +0.0101% | 4h | $77K | $327K | 10x | as long as short |
| Extended VVV-USD | −0.157% | +0.0104% | 1h | $300K | $1.6M | 5x | as long as short |
| BingX VVV-USDT | −0.137% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.117% | L +0.0436% / S −0.0200% | 1h | $515K | — | 100x | as long as short |
| OKX VVV-USDT-SWAP | −0.102% | +0.0100% | 4h | $5.1M | $39.5M | 20x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.097% | +0.0026% | 1h | $92K | $19K | 10x | as long as short |
| Bybit VVVUSDT | −0.086% | +0.0100% | 4h | $38.9M | $49.1M | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate VVV_USDT | −0.070% | +0.0100% | 4h | $10.6M | $7.3M | 25x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.068% | L +0.0004% / S −0.0004% | 1h | $19K | — | 150x | as long as short |
| 01 Exchange VVVUSD | −0.048% | +0.0176% | 1h | $11K | $3K | 3x | as long as short |
| RISEx VVV/USDC | −0.047% | +0.0156% | 1h | $375K | $552K | 5x | as long as short |
| Bitget VVVUSDT | −0.032% | +0.0100% | 4h | $5.7M | $8.0M | 20x | as long as short |
| Polymarket Perps VVV-USD | −0.022% | +0.0100% | 1h | $136K | $880K | 3x | as long as short |
| Aevo VVV-PERP | −0.012% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Aster VVVUSDT | −0.010% | +0.0100% | 4h | $348K | $1.7M | 10x | as long as short |
| Paradex VVV-USD-PERPlong | 0.000% | +0.0100% | 8h | $3K | $106 | 5x | |
| Binance VVVUSDT | +0.002% | +0.0100% | 4h | $34.5M | $149.0M | 25x | as long as short |
| KuCoin VVVUSDTM | +0.013% | +0.0100% | 4h | $2.4M | $2.5M | 20x | as long as short |
| MEXC VVV_USDT | +0.042% | +0.0100% | 4h | $15.4M | $6.6M | 50x | as long as short |
| Lighter RH VVVshort | +0.052% | +0.0096% | 1h | $467K | $1.5M | 5x | |
| Lighter VVV | +0.084% | +0.0096% | 1h | $2.2M | $5.0M | 5x | as long as short |
| Hyperliquid VVV | +0.090% | +0.0100% | 1h | $71.7M | $52.0M | 3x | as long as short |
| Pacifica VVV | +0.115% | +0.0100% | 1h | $172K | $163K | 10x | as long as short |
| Phemex VVVUSDT | +0.174% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| BloFin VVV-USDT | +0.177% | +0.0115% | 4h | $1.4M | $1.6M | 25x | as long as short |
| Backpack VVV_USDC_PERP | +0.185% | +0.0698% | 1h | $125K | $361K | 5x | as long as short |
| Derive VVV-PERP | +0.188% | +0.0100% | 1h | $417 | $343 | 5x | as long as short |
| Kalshi KXVVVPERP | +0.209% | 0.0000% | 8h | $133K | $6.9M | 1.7x | as long as short |
| Nado VVV-PERP | +0.212% | +0.0100% | 1h | $128K | $658K | 3x | as long as short |
| Injective VVV/USDC PERP | +5.270% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |