Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h +0.005%
Price spread now: Lighter against Extended+0.056%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$640.640% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.056%, 7d avg +0.059%
Together, before fees+0.113%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WIF-USD0.24850.0104pay 0.0013% / 1h48m 51s$11K$155K25x
ShortLighter WIF0.24860.0096get 0.0012% / 1h48m 51s$148K$607K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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

Funding earned
−$1.68
Price spread: +0.056% → +0.059%
−$0.29
Slippage, 4 orders
−$58.95
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$65.92
Costs to cover
0.640%
Break-even
never at this rate
Slippage from Extended: live order book, 17 min ago; Lighter: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 17 min ago8.07 bp19.5 bp −$20113.9 bp −$1,139doesn't fitdoesn't fit
Sell Lighter live order book, 12 min ago6.36 bp10.0 bp −$1068.1 bp −$681doesn't fitdoesn't fit

WIF on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WIF/USDC PERP−0.0783%1h0.2470−0.600%$11K$10K12xas long as short
Gate WIF_USDT−0.0156%4h0.2485+0.004%$1.2M$7.3M50xas long as short
Kraken Futures PF_WIFUSD−0.0074%1h0.2484−0.024%$648K$2.3M50xas long as short
KuCoin WIFUSDTM−0.0032%4h0.2486+0.044%$4.5M$12.8M75xas long as short
dYdX WIF-USD0.0000%1h0.2486+0.028%$19K$58910xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2483−0.076%$49K$289K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2483−0.058%$803150xas long as short
Lighter WIFshort+0.0096%1h0.2486+0.056%$148K$607K10x
Popdex WIFUSDT+0.0096%1h0.2488+0.125%$57K$497K20xas long as short
Orderly PERP_WIF_USDC+0.0099%4h0.2484−0.036%$5K$1.3M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WIFUSDT+0.0100%4h0.2487+0.091%$35K$274K10xas long as short
Pacifica WIF+0.0100%1h0.2488+0.109%$77K$53K5xas long as short
Binance WIFUSDT+0.0100%4h0.2486+0.032%$18.8M$111.3M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2484−0.028%$17.0M$37.9M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2484−0.036%$6.0M$34.6M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2484−0.036%$22.4M$11.0M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2484−0.036%$7.5M$12.4M50xas long as short
BingX WIF-USDT+0.0100%4h0.2486+0.044%$65.9Mas long as short
Backpack WIF_USDC_PERP+0.0100%1h0.2484−0.036%$77K$269K10xas long as short
Variational Omni WIF+0.0100%4h0.2475−0.394%$75K$70Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2476−0.358%$275K$1.9M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2479−0.237%$43K$631K25xas long as short
SunX WIF-USDT+0.0100%4h0.2479−0.237%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2485−0.016%$565$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2487+0.085%$170K$747K75xas long as short
Extended WIF-USDlong+0.0104%1h0.2485long leg$11K$155K25x
Aevo WIF-PERP+0.0104%1h0.2484−0.050%$83K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0180% / S −0.0043%1h0.2482−0.106%$8K100xas long as short
Hyperliquid WIF+0.0188%1h0.2489+0.165%$8.1M$4.7M5xas long as short
Coinbase International WIF-PERP-INTX+0.0304%1h0.2485+0.004%$327K$2.5M50xas long as short
BloFin WIF-USDT+0.0340%4h0.2487+0.085%$997K$710K75xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2484−0.031%$015xas long as short