Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.009%
Price spread now: GRVT against Lighter+0.118%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$720.720% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.333%+$33 · spread now +0.118%, 7d avg +0.121%
=Together, before fees+0.321%+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm board+$32 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WIF | 0.2454 | 0.0096 | pay 0.0012% / 1h | 37m 03s | $142K | $701K | 10x |
| Short | GRVT WIF_USDT_Perp | 0.2457 | 0.0100 | get 0.0050% / 4h | 1h 37m | $273K | $2.8M | 10x |
Lighter WIF
GRVT WIF_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0.84
- Price spread: +0.118% → +0.121%
- −$0.34
- Slippage, 4 orders
- −$63.04
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$71.54
- Costs to cover
- 0.720%
- Break-even
- 603.2 days
Slippage from Lighter: live order book, 64 min ago; GRVT: live order book, 7 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, 64 min ago | 3.97 bp | 6.8 bp −$7 | 54.9 bp −$549 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 7 min ago | 2.03 bp | 27.4 bp −$27 | 100.9 bp −$1,009 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERP | −0.0467% | 1h | 0.2462 | +0.314% | $10K | $11K | 12x | as long as short |
| BloFin WIF-USDT | −0.0140% | 4h | 0.2452 | −0.094% | $974K | $923K | 75x | as long as short |
| Backpack WIF_USDC_PERP | −0.0020% | 1h | 0.2450 | −0.179% | $73K | $293K | 10x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2455 | +0.011% | $13K | $587 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2453 | −0.036% | — | — | 150x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0049% / S +0.0252% | 1h | 0.2457 | +0.094% | $21K | — | 100x | as long as short |
| Lighter WIFlong | +0.0096% | 1h | 0.2454 | long leg | $142K | $701K | 10x | |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2457 | +0.110% | $53K | $570K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2454 | −0.033% | $8.5M | $6.4M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2454 | +0.007% | $31K | $351K | 10x | as long as short |
Injective WIF/USDC PERP
BloFin WIF-USDT
Backpack WIF_USDC_PERP
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
GMX WIF/USD [WBTC.b-USDC]
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WIF | +0.0100% | 1h | 0.2456 | +0.063% | $77K | $70K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2454 | +0.004% | $18.6M | $143.3M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2453 | −0.045% | $16.6M | $47.3M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2450 | −0.175% | $5.5M | $41.3M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2452 | −0.094% | $1.1M | $9.1M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2452 | −0.094% | $22.2M | $12.2M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2453 | −0.053% | $4.1M | $16.4M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2450 | −0.175% | $7.4M | $15.7M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2455 | +0.029% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2460 | +0.235% | $73K | $193K | — | as long as short |
| GRVT WIF_USDT_Perpshort | +0.0100% | 4h | 0.2457 | +0.118% | $273K | $2.8M | 10x | |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2464 | +0.395% | $45K | $630K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2456 | +0.069% | $5K | $1.1M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2454 | −0.012% | $2K | $3.1M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2455 | +0.049% | $564 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2451 | −0.134% | $144K | $897K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2455 | +0.044% | $10K | $150K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2456 | +0.072% | $82K | $85 | 3x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.0157% | 1h | 0.2457 | +0.110% | $33K | $274K | 25x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0347% | 1h | 0.2458 | +0.140% | $638K | $2.7M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0384% | 1h | 0.2457 | +0.110% | $324K | $3.2M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2456 | +0.074% | $0 | — | 15x | as long as short |
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
ApeX Omni WIFUSDT
Orderly PERP_WIF_USDC
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
Deribit WIF_USDC-PERPETUAL
Kraken Futures PF_WIFUSD
Coinbase International WIF-PERP-INTX
Reya WIFRUSDPERP