Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: MEXC against Lighter−0.029%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)+0.261%+$26 · spread now −0.029%, 7d avg −0.045%
=Together, before fees+0.223%+ Points / potential airdropLighter: Season 3 · farm board+$22 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WIF | 0.2382 | 0.0096 | pay 0.0012% / 1h | 22m 33s | $132K | $540K | 10x |
| Short | MEXC WIF_USDT | 0.2381 | 0.0100 | get 0.0050% / 4h | 2h 22m | $21.3M | $10.8M | 50x |
Lighter WIF
MEXC WIF_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.029% → −0.045%
- $1.56
- Slippage, 4 orders
- −$44.33
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$45.93
- Costs to cover
- 0.483%
- Break-even
- 389.8 days
Slippage from Lighter: live order book, 61 min ago; MEXC: live order book, 1 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, 61 min ago | 3.16 bp | 12.6 bp −$13 | 74.9 bp −$749 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.10 bp | 10.8 bp −$11 | 24.3 bp −$243 | 101.4 bp −$10.1K | 150.0 bp −$75.0K |
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 | −0.0643% | 1h | 0.2379 | −0.101% | $74K | $235K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0589% | 1h | 0.2382 | +0.013% | $47K | $289K | 25x | as long as short |
| Injective WIF/USDC PERP | −0.0321% | 1h | 0.2395 | +0.558% | $10K | $10K | 12x | as long as short |
| KuCoin WIFUSDTM | −0.0194% | 4h | 0.2379 | −0.113% | $4.2M | $11.2M | 75x | as long as short |
| Kraken Futures PF_WIFUSD | −0.0076% | 1h | 0.2384 | +0.087% | $629K | $2.1M | 50x | as long as short |
| Variational Omni WIF | −0.0011% | 4h | 0.2382 | +0.009% | $67K | $47K | — | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2381 | −0.034% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2383 | +0.042% | $15K | — | 150x | as long as short |
| Aster WIFUSDT | +0.0034% | 4h | 0.2382 | −0.002% | $23K | $254K | 10x | as long as short |
| Gate WIF_USDT | +0.0042% | 4h | 0.2380 | −0.071% | $1.2M | $6.9M | 50x | as long as short |
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
Injective WIF/USDC PERP
KuCoin WIFUSDTM
Kraken Futures PF_WIFUSD
Variational Omni WIF
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Aster WIFUSDT
Gate WIF_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT WIF_USDT_Perp | +0.0044% | 4h | 0.2372 | −0.407% | $273K | $1.8M | 10x | as long as short |
| Orderly PERP_WIF_USDC | +0.0090% | 4h | 0.2382 | +0.013% | $4K | $1.3M | 10x | as long as short |
| Lighter WIFlong | +0.0096% | 1h | 0.2382 | long leg | $132K | $540K | 10x | |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2382 | +0.013% | $53K | $482K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2383 | +0.058% | $7.4M | $4.0M | 5x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2381 | −0.037% | $75K | $48K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2383 | +0.038% | $17.6M | $99.3M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2382 | +0.013% | $16.7M | $34.6M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2384 | +0.097% | $6.0M | $30.3M | 50x | as long as short |
| MEXC WIF_USDTshort | +0.0100% | 4h | 0.2381 | −0.029% | $21.3M | $10.8M | 50x | |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2380 | −0.071% | $7.2M | $11.5M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2382 | +0.013% | — | $65.0M | — | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2371 | −0.449% | $42K | $618K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2378 | −0.155% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2381 | −0.017% | $542 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2381 | −0.029% | $165K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2381 | −0.020% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2382 | −0.008% | $79K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0145% / S −0.0715% | 1h | 0.2381 | −0.017% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0272% | 1h | 0.2385 | +0.139% | $311K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2383 | +0.055% | $975K | $690K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2381 | −0.013% | $0 | — | 15x | as long as short |
GRVT WIF_USDT_Perp
Orderly PERP_WIF_USDC
Popdex WIFUSDT
Hyperliquid WIF
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Bitget WIFUSDT
BingX WIF-USDT
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
BloFin WIF-USDT
Reya WIFRUSDPERP