WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0462%/8h= +50.6% APRnext payment +$0.58 per $10,000 · paid last 24h +0.138%

Price spread now: Reya against Lighter−0.201%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 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 · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.201% cheaper against Lighter than usual: you would sell low and buy high (spread −0.201% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 35 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WIF	0.2448	0.0096	pay 0.0012% / 1h	46m 47s	$138K	$562K	10x
Short	Reya WIFRUSDPERP	0.2443	0.0558	get 0.0070% / 1h	46m 47s	$0	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.201%Rate

Funding earned: $96.95
Price spread: −0.201% → 0.000%: −$20.09
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Reya: 3 bp × 2 orders: −$6
Net: $70.86
Costs to cover: 0.060%
Break-even: 1.9 days

Slippage unknown: Lighter: live order book, 24 min ago; Reya: 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, 24 min ago	3.30 bp	13.2 bp −$13	56.2 bp −$562	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.0451%	1h	0.2446	−0.102%	$73K	$249K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2447	−0.058%	$18K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2447	−0.045%	$48K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2445	−0.115%	$15K	—	150x	as long as short
KuCoin WIFUSDTM	+0.0030%	4h	0.2445	−0.127%	$4.3M	$11.4M	75x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−2.169%	$10K	$10K	12x	as long as short
Orderly PERP_WIF_USDC	+0.0090%	4h	0.2445	−0.127%	$5K	$1.3M	10x	as long as short
Lighter WIFlong	+0.0096%	1h	0.2448	long leg	$138K	$562K	10x
Popdex WIFUSDT	+0.0096%	1h	0.2444	−0.167%	$54K	$484K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2451	+0.127%	$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	0.2447	−0.051%	$24K	$256K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2444	−0.177%	$76K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2449	+0.030%	$18.3M	$103.1M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2451	+0.118%	$16.9M	$35.8M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2450	+0.078%	$6.1M	$32.2M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2447	−0.045%	$1.2M	$7.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2447	−0.045%	$22.2M	$10.8M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2448	−0.004%	$7.5M	$11.8M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2447	−0.045%	—	$65.7M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2462	+0.576%	$73K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2448	−0.005%	$278K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2464	+0.649%	$43K	$621K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2440	−0.331%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2447	−0.025%	$560	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2440	−0.331%	$168K	$731K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2446	−0.084%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2446	−0.071%	$82K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2443	−0.190%	$6K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2447	−0.045%	$331K	$2.4M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0319%	1h	0.2450	+0.084%	$641K	$2.2M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2446	−0.086%	$995K	$729K	75x	as long as short
Reya WIFRUSDPERPshort	+0.0558%	1h	0.2443	−0.201%	$0	—	15x