Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.017%
Price spread now: Lighter against KuCoin+0.078%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$670.673% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.078%, 7d avg +0.041%
=Together, before fees+0.042%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.038% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WIFUSDTM | 0.2422 | 0.0042 | pay 0.0021% / 4h | 26m 39s | $4.3M | $11.6M | 75x |
| Short | Lighter WIF | 0.2424 | 0.0096 | get 0.0012% / 1h | 26m 39s | $136K | $571K | 10x |
KuCoin WIFUSDTM
Lighter WIFFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- $11.34
- Price spread: +0.078% → +0.041%
- $3.76
- Slippage, 4 orders
- −$55.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$52.23
- Costs to cover
- 0.673%
- Break-even
- 39.2 days
Slippage from KuCoin: live order book, 2 min ago; Lighter: live order book, 44 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 KuCoin live order book, 2 min ago | 4.13 bp | 25.8 bp −$26 | 69.7 bp −$697 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 44 min ago | 3.30 bp | 3.3 bp −$3 | 55.2 bp −$552 | 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 | −0.0398% | 1h | 0.2426 | +0.165% | $72K | $248K | 10x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2424 | +0.071% | $18K | $589 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2427 | +0.206% | $48K | $289K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2427 | +0.188% | $16K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −1.115% | $10K | $10K | 12x | as long as short |
| KuCoin WIFUSDTMlong | +0.0042% | 4h | 0.2422 | long leg | $4.3M | $11.6M | 75x | |
| Orderly PERP_WIF_USDC | +0.0093% | 4h | 0.2427 | +0.206% | $5K | $1.3M | 10x | as long as short |
| Lighter WIFshort | +0.0096% | 1h | 0.2424 | +0.078% | $136K | $571K | 10x | |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2429 | +0.289% | $54K | $484K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2428 | +0.254% | $7.5M | $4.0M | 5x | as long as short |
Backpack WIF_USDC_PERP
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
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 | 0.2427 | +0.215% | $24K | $256K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2423 | +0.046% | $75K | $51K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2421 | −0.056% | $18.0M | $103.6M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2420 | −0.083% | $16.7M | $36.0M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2419 | −0.124% | $6.0M | $31.9M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2420 | −0.083% | $1.2M | $7.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2421 | −0.041% | $21.9M | $10.8M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2420 | −0.083% | $7.5M | $11.8M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2420 | −0.083% | — | $65.7M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2424 | +0.092% | $72K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2422 | 0.000% | $275K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2427 | +0.206% | $43K | $625K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2425 | +0.124% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2426 | +0.169% | $554 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2427 | +0.206% | $168K | $740K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2418 | −0.183% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2426 | +0.165% | $81K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0191% / S −0.0138% | 1h | 0.2427 | +0.197% | $6K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2429 | +0.289% | $319K | $2.4M | 50x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0321% | 1h | 0.2429 | +0.269% | $630K | $2.2M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2427 | +0.206% | $987K | $726K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2426 | +0.153% | $0 | — | 15x | as long as short |
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDT
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
Kraken Futures PF_WIFUSD
BloFin WIF-USDT
Reya WIFRUSDPERP