Spread before costs (cost unknown: a leg has no order-book sample)−0.034%
7d average—if it closes, per $10,000$3funding while held, a day−$8.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange VVVUSD | 32.395 | 0.0632 | pay 0.0079% / 1h | 33m 35s | $11K | $5K | 3x |
| Short | Lighter VVV | 32.384 | 0.0336 | get 0.0042% / 1h | 33m 35s | $2.5M | $4.3M | 5x |
Lighter 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
- −$3.43
- Funding while held
- −$8.88
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$19.31
- Spread needed to break even
- 0.070%
Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0296%
- Per $10,000 a day
- −$8.88
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 2.30 bp | 5.8 bp −$6 | 40.0 bp −$400 | 398.9 bp −$39.9K | doesn't fit |
01 Exchange: 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.Aevo32.279cheapestgTrade (Gains Network)32.295+0.052%Deribit32.303+0.076%Derive32.307+0.089%GMX32.307+0.089%Polymarket Perps32.311+0.101%Kalshi32.316+0.116%BloFin32.328+0.153%Phemex32.337+0.181%Nado32.340+0.189%Backpack32.342+0.195%KuCoin32.342+0.197%edgeX32.343+0.199%Aster32.346+0.210%Bybit32.348+0.215%Gate32.353+0.231%Pacifica32.362+0.257%RISEx32.363+0.260%Variational Omni32.366+0.272%Bitget32.367+0.274%OKX32.369+0.280%Binance32.371+0.286%Extended32.371+0.286%Lighter RH32.371+0.287%
Aevo
gTrade (Gains Network)
Deribit
Derive
GMX
Polymarket Perps
BloFin
Phemex
Nado
Backpack
KuCoin
Aster
Bybit
Gate
Pacifica
RISEx
Variational Omni
Bitget
OKX
Binance
Extended
Lighter RHLighter32.384+0.326%
Paradex32.385+0.330%BingX32.386+0.333%MEXC32.391+0.348%Hyperliquid32.397+0.367%Phoenix32.461+0.565%Coinbase International32.554+0.855%Injective32.820+1.678%
Paradex
BingX
MEXC
Hyperliquid
Phoenix
Coinbase International
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo VVV-PERP | −0.360% | +0.0128% | 1h | $6K | $13K | 3x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.308% | L +0.0004% / S −0.0004% | 1h | $454 | — | 150x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.284% | 0.0000% | 1h | $97K | $10K | 10x | as long as short |
| Derive VVV-PERP | −0.271% | +0.0100% | 1h | $431 | $343 | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.271% | L +0.0537% / S −0.0287% | 1h | $537K | — | 100x | as long as short |
| Polymarket Perps VVV-USD | −0.259% | +0.0100% | 1h | $132K | $849K | 3x | as long as short |
| Kalshi KXVVVPERP | −0.244% | +0.0273% | 8h | $148K | $7.7M | 1.7x | as long as short |
| BloFin VVV-USDT | −0.207% | +0.0214% | 4h | $1.5M | $1.6M | 25x | as long as short |
| Phemex VVVUSDT | −0.179% | +0.0100% | 4h | $2.2M | $2.0M | 50x | as long as short |
| Nado VVV-PERP | −0.171% | +0.0100% | 1h | $169K | $562K | 3x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack VVV_USDC_PERP | −0.165% | +0.0641% | 1h | $140K | $369K | 5x | as long as short |
| KuCoin VVVUSDTM | −0.164% | +0.0100% | 4h | $2.0M | $2.1M | 20x | as long as short |
| edgeX VVVUSDC | −0.161% | +0.0202% | 4h | $76K | $309K | 10x | as long as short |
| Aster VVVUSDT | −0.150% | +0.0100% | 4h | $407K | $1.6M | 10x | as long as short |
| Bybit VVVUSDT | −0.146% | +0.0100% | 4h | $40.3M | $49.3M | 20x | as long as short |
| Gate VVV_USDT | −0.130% | +0.0100% | 4h | $11.0M | $7.9M | 25x | as long as short |
| Pacifica VVV | −0.103% | +0.0100% | 1h | $175K | $244K | 10x | as long as short |
| RISEx VVV/USDC | −0.100% | +0.0323% | 1h | $408K | $558K | 5x | as long as short |
| Variational Omni VVV | −0.088% | +0.0100% | 4h | $2.2M | $237K | — | as long as short |
| Bitget VVVUSDT | −0.086% | +0.0100% | 4h | $5.9M | $8.0M | 20x | as long as short |
| OKX VVV-USDT-SWAP | −0.080% | +0.0100% | 4h | $5.3M | $43.3M | 20x | as long as short |
| Binance VVVUSDT | −0.075% | +0.0193% | 4h | $37.1M | $152.8M | 25x | as long as short |
| Extended VVV-USD | −0.074% | +0.0192% | 1h | $316K | $1.7M | 5x | as long as short |
| Lighter RH VVV | −0.074% | +0.0096% | 1h | $524K | $1.4M | 5x | as long as short |
| Lighter VVVshort | −0.034% | +0.0336% | 1h | $2.5M | $4.3M | 5x | |
| Paradex VVV-USD-PERP | −0.030% | +0.0101% | 8h | $3K | $86 | 5x | as long as short |
| BingX VVV-USDT | −0.028% | +0.0194% | 4h | — | $4.7M | — | as long as short |
| MEXC VVV_USDT | −0.012% | +0.0190% | 4h | $15.2M | $7.1M | 50x | as long as short |
| 01 Exchange VVVUSDlong | 0.000% | +0.0632% | 1h | $11K | $5K | 3x | |
| Hyperliquid VVV | +0.006% | +0.0982% | 1h | $77.5M | $50.9M | 3x | as long as short |
| Phoenix VVV | +0.204% | +0.0418% | 1h | $59K | $304K | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.492% | +0.0456% | 1h | $158K | $1.4M | 25x | as long as short |
| Injective VVV/USDC PERP | +1.312% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |