Funding you earn now, next payment 04:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.05 per $10,000 · paid last 24h +3.856%
Price spread now: Lighter against GMX−0.018%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WIF/USD [WBTC.b-USDC] | 0.2503 | L +0.0134% / S −0.0013% | pay 0.0017% / 1h | 25m 20s | $8K | — | 100x |
| Short | Lighter WIF | 0.2503 | 0.0096 | get 0.0012% / 1h | 25m 20s | $139K | $631K | 10x |
GMX WIF/USD [WBTC.b-USDC]
Lighter WIFFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- −$7.93
- Price spread: −0.018% → 0.000%
- −$1.76
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$21.68
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 25 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 25 min ago | 3.22 bp | 10.8 bp −$11 | 59.4 bp −$594 | doesn't fit | doesn't fit |
GMX: 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WIF-USDT | −0.0187% | 4h | 0.2499 | −0.169% | $997K | $833K | 75x | as long as short |
| Backpack WIF_USDC_PERP | −0.0163% | 1h | 0.2504 | +0.018% | $77K | $291K | 10x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2505 | +0.052% | $19K | $597 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2504 | +0.030% | $45K | $256K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2503 | +0.004% | $809 | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | −1.328% | $11K | $10K | 12x | as long as short |
| Lighter WIFshort | +0.0096% | 1h | 0.2503 | −0.018% | $139K | $631K | 10x | |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2506 | +0.110% | $57K | $497K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2505 | +0.082% | $33K | $284K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2507 | +0.163% | $78K | $60K | 5x | as long as short |
BloFin WIF-USDT
Backpack WIF_USDC_PERP
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WIFUSDT | +0.0100% | 4h | 0.2504 | +0.030% | $18.9M | $118.7M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2503 | −0.010% | $17.0M | $39.8M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2504 | +0.030% | $6.0M | $36.3M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2504 | +0.030% | $1.2M | $7.7M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2504 | +0.030% | $23.1M | $11.4M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2506 | +0.110% | $4.6M | $14.4M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2503 | −0.010% | $7.6M | $13.3M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2502 | −0.050% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2501 | −0.088% | $76K | $69K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2501 | −0.089% | $284K | $2.3M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2500 | −0.129% | $46K | $624K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2504 | +0.030% | $5K | $1.3M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2499 | −0.169% | $1K | $2.9M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2504 | +0.010% | $583 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2501 | −0.089% | $167K | $699K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2503 | −0.016% | $9K | $147K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2503 | −0.010% | $84K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]long | L +0.0134% / S −0.0013% | 1h | 0.2503 | long leg | $8K | — | 100x | |
| Kraken Futures PF_WIFUSD | +0.0259% | 1h | 0.2504 | +0.045% | $650K | $2.3M | 50x | as long as short |
| Hyperliquid WIF | +0.0297% | 1h | 0.2510 | +0.286% | $8.2M | $4.9M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0328% | 1h | 0.2504 | +0.030% | $330K | $2.8M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2504 | +0.033% | $1 | — | 15x | as long as short |
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
Orderly PERP_WIF_USDC
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
Kraken Futures PF_WIFUSD
Hyperliquid WIF
Coinbase International WIF-PERP-INTX
Reya WIFRUSDPERP