WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.011%

Price spread now: ApeX Omni against Lighter−0.665%48s7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$600.600% of the position

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.861%+$86 · spread now −0.665%, 7d avg −0.024%

Together, before fees+0.853%+ Points / potential airdropLighter: Season 3 · farm board+$85 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.640% cheaper against Lighter than usual: you would sell low and buy high, −$64 on $10k if it goes back to its 7-day average of −0.024%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WIF	0.2572	0.0096	pay 0.0012% / 1h	10m 37s	$123K	$964K	10x
Short	ApeX Omni WIFUSDT	0.2555	0.0100	get 0.0013% / 1h	10m 37s	$36K	$648K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee ApeX OmnibpOrdersPrice spread, now −0.665%Rate

Funding earned: $0.84
Price spread: −0.665% → −0.024%: −$64.04
Slippage, 4 orders: −$50.02
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$123.22
Costs to cover: 0.600%
Break-even: 1033.8 days

Slippage from Lighter: live order book, 28 min ago; ApeX Omni: live order book, 31 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 Lighter live order book, 28 min ago	2.93 bp	18.8 bp −$19	90.0 bp −$900	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 31 min ago	9.78 bp	18.6 bp −$19	125.8 bp −$1,258	doesn't fit	doesn't fit

WIF on 32 exchanges

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	−0.0153%	4h	0.2570	−0.082%	$1.1M	$1.1M	75x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0139%	1h	0.2571	−0.043%	$34K	$218K	25x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L −0.0125% / S +0.0186%	1h	0.2569	−0.112%	$9K	—	100x	as long as short
Backpack WIF_USDC_PERP	−0.0049%	1h	0.2567	−0.191%	$85K	$403K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2572	+0.007%	$20K	$8K	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2569	−0.137%	$4K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2575	+0.113%	$8K	$33K	12x	as long as short
Lighter WIFlong	+0.0096%	1h	0.2572	long leg	$123K	$964K	10x
Popdex WIFUSDT	+0.0096%	1h	0.2568	−0.159%	$55K	$581K	20x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2568	−0.159%	$5K	$761K	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WIF	+0.0100%	1h	0.2571	−0.054%	$10.5M	$10.2M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2570	−0.085%	$33K	$414K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2571	−0.045%	$79K	$101K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2570	−0.086%	$21.1M	$182.3M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2570	−0.086%	$17.7M	$61.2M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2571	−0.043%	$6.4M	$53.8M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2569	−0.121%	$1.2M	$13.6M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2570	−0.082%	$22.8M	$16.0M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2571	−0.043%	$3.8M	$19.2M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2570	−0.082%	$7.8M	$20.2M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2567	−0.198%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2566	−0.226%	$76K	$513K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2562	−0.400%	$284K	$3.5M	10x	as long as short
ApeX Omni WIFUSDTshort	+0.0100%	1h	0.2555	−0.665%	$36K	$648K	25x
SunX WIF-USDT	+0.0100%	4h	0.2565	−0.276%	$2K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2571	−0.062%	$3K	$6K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2566	−0.237%	$153K	$1.0M	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2569	−0.136%	$14K	$269K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2569	−0.120%	$86K	—	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0355%	1h	0.2572	−0.011%	$657K	$3.1M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2570	−0.090%	$1	—	15x	as long as short
Coinbase International WIF-PERP-INTX	+0.0600%	1h	0.2576	+0.152%	$349K	$4.2M	50x	as long as short