Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: dYdX against Lighter+0.145%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 pays, funding is against you. dYdX is 0.145% dearer against Lighter than usual: you sell high and buy low (spread +0.145% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WIF | 0.2450 | 0.0096 | pay 0.0012% / 1h | 48m 53s | $138K | $562K | 10x |
| Short | dYdX WIF-USD | 0.2454 | 0 | get 0.0000% / 1h | 48m 53s | $18K | $589 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Lighter. 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
- −$20.16
- Price spread: +0.145% → 0.000%
- $14.52
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$15.64
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 21 min ago; dYdX: no order-book sample. 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 Lighter live order book, 21 min ago | 3.30 bp | 13.2 bp −$13 | 56.2 bp −$562 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0436% | 1h | 0.2447 | −0.122% | $73K | $249K | 10x | as long as short |
| dYdX WIF-USDshort | 0.0000% | 1h | 0.2454 | +0.145% | $18K | $589 | 10x | |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2451 | +0.037% | $48K | $289K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2453 | +0.101% | $15K | — | 150x | as long as short |
| KuCoin WIFUSDTM | +0.0020% | 4h | 0.2447 | −0.127% | $4.3M | $11.4M | 75x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −2.249% | $10K | $10K | 12x | as long as short |
| Orderly PERP_WIF_USDC | +0.0090% | 4h | 0.2451 | +0.037% | $5K | $1.3M | 10x | as long as short |
| Lighter WIFlong | +0.0096% | 1h | 0.2450 | long leg | $138K | $562K | 10x | |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2454 | +0.159% | $54K | $484K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2453 | +0.110% | $7.6M | $4.0M | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2448 | −0.087% | $24K | $256K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2454 | +0.158% | $76K | $51K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2448 | −0.086% | $18.3M | $102.9M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2447 | −0.127% | $16.9M | $35.8M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2447 | −0.127% | $6.1M | $32.1M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2448 | −0.086% | $1.2M | $7.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2448 | −0.086% | $22.3M | $10.8M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2448 | −0.086% | $7.5M | $11.8M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2445 | −0.208% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2462 | +0.494% | $73K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2459 | +0.379% | $280K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2464 | +0.567% | $43K | $621K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2450 | −0.004% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2451 | +0.029% | $561 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2451 | +0.037% | $169K | $722K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2448 | −0.104% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2452 | +0.082% | $82K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0191% / S −0.0138% | 1h | 0.2453 | +0.116% | $6K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2457 | +0.282% | $332K | $2.4M | 50x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0318% | 1h | 0.2453 | +0.120% | $654K | $2.2M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2451 | +0.037% | $994K | $727K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2453 | +0.105% | $0 | — | 15x | as long as short |
Lighter WIF
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
KuCoin WIFUSDTM
Injective WIF/USDC PERP
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
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
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
Kraken Futures PF_WIFUSD
BloFin WIF-USDT