WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.047%

Price spread now: Injective against Lighter+0.248%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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. Injective is 0.248% dearer against Lighter than usual: you sell high and buy low (spread +0.248% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WIF	0.2464	0.0096	pay 0.0012% / 1h	41m 03s	$139K	$627K	10x
Short	Injective WIF/USDC PERP	0.2470	0.0033	get 0.0004% / 1h	41m 03s	$11K	$10K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.248%Rate

Funding earned: −$13.16
Price spread: +0.248% → 0.000%: $24.76
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $11.58
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter: live order book, 14 min ago; Injective: 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, 14 min ago	5.05 bp	15.3 bp −$15	76.3 bp −$763	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0177%	4h	0.2463	−0.037%	$1.0M	$819K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0113%	1h	0.2462	−0.089%	$77K	$280K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2460	−0.176%	$18K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2462	−0.077%	$46K	$258K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2464	+0.018%	$797	—	150x	as long as short
Gate WIF_USDT	+0.0004%	4h	0.2464	+0.004%	$1.2M	$7.5M	50x	as long as short
Injective WIF/USDC PERPshort	+0.0033%	1h	0.2470	+0.248%	$11K	$10K	12x
Lighter WIFlong	+0.0096%	1h	0.2464	long leg	$139K	$627K	10x
Popdex WIFUSDT	+0.0096%	1h	0.2462	−0.077%	$56K	$497K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2464	−0.015%	$34K	$283K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WIF	+0.0100%	1h	0.2460	−0.166%	$76K	$56K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2467	+0.124%	$18.8M	$114.2M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2466	+0.085%	$16.9M	$38.3M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2469	+0.207%	$5.9M	$34.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2463	−0.037%	$22.2M	$11.0M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2463	−0.037%	$4.4M	$13.5M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2467	+0.126%	$7.4M	$12.7M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2468	+0.166%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2462	−0.097%	$75K	$69K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2477	+0.529%	$282K	$2.0M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2471	+0.288%	$42K	$630K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2463	−0.037%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2460	−0.158%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2462	−0.057%	$567	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2458	−0.239%	$166K	$691K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2461	−0.124%	$11K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2462	−0.079%	$82K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0138%	1h	0.2464	−0.012%	$644K	$2.3M	50x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0158% / S −0.0029%	1h	0.2464	−0.009%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0279%	1h	0.2469	+0.195%	$8.0M	$4.7M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2471	+0.288%	$330K	$2.6M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2463	−0.024%	$0	—	15x	as long as short