Funding you earn now, next payment 23:00 UTC+0.0006%/8h= +0.6% APRpaid last 24h +0.016%
Price spread now: Lighter against Orderly+0.066%7-day average +0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 3 days (all we have)−0.184%−$18 · spread now +0.066%, 7d avg +0.051%
=Together, before fees−0.102%+ Points / potential airdropLighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WIF_USDC | 0.2432 | 0.0090 | pay 0.0045% / 4h | 1h 09m | $5K | $1.3M | 10x |
| Short | Lighter WIF | 0.2434 | 0.0096 | get 0.0012% / 1h | 9m 26s | $136K | $550K | 10x |
Orderly PERP_WIF_USDC
Lighter WIFFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. 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
- $1.18
- Price spread: +0.066% → +0.051%
- $1.46
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$3.36
- Costs to cover
- 0.060%
- Break-even
- 26.8 days
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 66 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 66 min ago | 3.58 bp | 7.4 bp −$7 | 57.1 bp −$571 | doesn't fit | doesn't fit |
Orderly: 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 | −0.0291% | 1h | 0.2427 | −0.206% | $74K | $246K | 10x | as long as short |
| KuCoin WIFUSDTM | −0.0028% | 4h | 0.2432 | 0.000% | $4.1M | $11.2M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2434 | +0.068% | $18K | $582 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2433 | +0.041% | $48K | $289K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2434 | +0.063% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −1.521% | $10K | $10K | 12x | as long as short |
| Orderly PERP_WIF_USDClong | +0.0090% | 4h | 0.2432 | long leg | $5K | $1.3M | 10x | |
| Lighter WIFshort | +0.0096% | 1h | 0.2434 | +0.066% | $136K | $550K | 10x | |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2434 | +0.082% | $54K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2437 | +0.206% | $7.6M | $4.0M | 5x | as long as short |
Backpack WIF_USDC_PERP
KuCoin WIFUSDTM
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Popdex WIFUSDT
Hyperliquid WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2434 | +0.065% | $25K | $255K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2433 | +0.048% | $77K | $49K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2434 | +0.068% | $18.1M | $101.2M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2432 | −0.008% | $16.9M | $35.2M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2431 | −0.041% | $6.1M | $31.5M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2433 | +0.041% | $1.2M | $7.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2434 | +0.082% | $22.1M | $10.7M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2434 | +0.082% | $7.5M | $11.7M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2430 | −0.082% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2420 | −0.486% | $72K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2429 | −0.123% | $277K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2429 | −0.123% | $43K | $618K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2421 | −0.452% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2433 | +0.033% | $554 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2420 | −0.493% | $168K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2433 | +0.041% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2433 | +0.041% | $81K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0235% / S −0.1345% | 1h | 0.2433 | +0.034% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2429 | −0.123% | $319K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2420 | −0.493% | $974K | $713K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0372% | 1h | 0.2430 | −0.095% | $635K | $2.1M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2433 | +0.028% | $0 | — | 15x | as long as short |
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
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Kraken Futures PF_WIFUSD
Reya WIFRUSDPERP