Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.007%
Price spread now: Lighter against Binance+0.037%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.037%, 7d avg +0.039%
=Together, before fees−0.060%+ Points / potential airdropLighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WIFUSDT | 0.2405 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $17.9M | $100.6M | 75x |
| Short | Lighter WIF | 0.2406 | 0.0096 | get 0.0012% / 1h | 36m 59s | $135K | $548K | 10x |
Binance WIFUSDT
Lighter WIFFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.037% → +0.039%
- −$0.14
- Slippage, 4 orders
- −$29.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$40.72
- Costs to cover
- 0.397%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Lighter: live order book, 38 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 Binance live order book, 6 min ago | 2.08 bp | 9.8 bp −$10 | 19.5 bp −$195 | 97.3 bp −$9,728 | doesn't fit |
| Sell Lighter live order book, 38 min ago | 3.58 bp | 7.4 bp −$7 | 57.1 bp −$571 | doesn't fit | doesn't fit |
WIF on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0240% | 1h | 0.2405 | −0.017% | $76K | $239K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0166% | 1h | 0.2405 | 0.000% | $47K | $289K | 25x | as long as short |
| KuCoin WIFUSDTM | −0.0090% | 4h | 0.2403 | −0.083% | $4.2M | $11.4M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2408 | +0.110% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2407 | +0.067% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −0.416% | $10K | $10K | 12x | as long as short |
| Orderly PERP_WIF_USDC | +0.0092% | 4h | 0.2405 | 0.000% | $5K | $1.3M | 10x | as long as short |
| Lighter WIFshort | +0.0096% | 1h | 0.2406 | +0.037% | $135K | $548K | 10x | |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2406 | +0.042% | $54K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2409 | +0.166% | $7.5M | $4.0M | 5x | as long as short |
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
KuCoin WIFUSDTM
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Orderly PERP_WIF_USDC
Popdex WIFUSDT
Hyperliquid WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2405 | −0.008% | $25K | $255K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2407 | +0.066% | $76K | $49K | 5x | as long as short |
| Binance WIFUSDTlong | +0.0100% | 4h | 0.2405 | long leg | $17.9M | $100.6M | 75x | |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2404 | −0.021% | $16.7M | $35.0M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2405 | 0.000% | $6.1M | $31.0M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2405 | 0.000% | $1.2M | $6.9M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2406 | +0.042% | $21.5M | $10.6M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2406 | +0.042% | $7.4M | $11.7M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2403 | −0.083% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2420 | +0.633% | $70K | $67K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2411 | +0.248% | $274K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2415 | +0.416% | $42K | $617K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2400 | −0.208% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2405 | −0.008% | $555 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2406 | +0.042% | $167K | $718K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2405 | +0.004% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2405 | −0.008% | $80K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0201% / S −0.1107% | 1h | 0.2406 | +0.053% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2408 | +0.125% | $315K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2403 | −0.083% | $973K | $705K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0376% | 1h | 0.2408 | +0.122% | $628K | $2.1M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2404 | −0.034% | $0 | — | 15x | as long as short |
Aster WIFUSDT
Pacifica WIF
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Kraken Futures PF_WIFUSD
Reya WIFRUSDPERP