WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0462%/8h= −50.6% APRnext payment −$0.58 per $10,000 · paid last 24h −0.138%

Price spread now: Lighter against Reya+0.120%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Lighter

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 airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.120% dearer against Reya than usual: you sell high and buy low (spread +0.120% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WIFRUSDPERP	0.2498	0.0558	pay 0.0070% / 1h	48m 23s	$0	—	15x
Short	Lighter WIF	0.2501	0.0096	get 0.0012% / 1h	48m 23s	$145K	$809K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Reya. 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 ReyabpFee LighterbpOrdersPrice spread, now +0.120%Rate

Funding earned: −$96.95
Price spread: +0.120% → 0.000%: $11.98
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$90.96
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Lighter: live order book, 42 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 Reya no order-book sample	—	—	—	—	—
Sell Lighter live order book, 42 min ago	2.98 bp	6.6 bp −$7	59.6 bp −$596	doesn't fit	doesn't fit

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
Gate WIF_USDT	−0.0508%	4h	0.2496	−0.064%	$1.4M	$11.3M	50x	as long as short
ApeX Omni WIFUSDT	−0.0439%	1h	0.2490	−0.305%	$35K	$653K	25x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L −0.0322% / S +0.0305%	1h	0.2499	+0.041%	$19K	—	100x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2502	+0.176%	$1.0M	$1.0M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2497	−0.041%	$14K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2499	+0.056%	$33K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2498	+0.034%	$4K	—	150x	as long as short
Lighter WIFshort	+0.0096%	1h	0.2501	+0.120%	$145K	$809K	10x
Popdex WIFUSDT	+0.0096%	1h	0.2499	+0.056%	$54K	$580K	20x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2500	+0.096%	$6K	$1.1M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WIF	+0.0100%	1h	0.2499	+0.040%	$10.0M	$9.0M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2499	+0.040%	$42K	$410K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2498	+0.027%	$77K	$87K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2499	+0.068%	$19.8M	$165.2M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2498	+0.036%	$17.2M	$55.4M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2497	−0.024%	$5.8M	$48.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2499	+0.056%	$24.4M	$15.3M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2498	+0.016%	$3.9M	$18.0M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2498	+0.016%	$7.6M	$18.2M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2495	−0.104%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2498	+0.016%	$84K	$333K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2507	+0.380%	$74K	$364K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2482	−0.631%	$279K	$3.0M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2495	−0.104%	$1K	$3.3M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2499	+0.044%	$578	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2496	−0.064%	$154K	$943K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2497	−0.009%	$12K	$216K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2499	+0.055%	$83K	—	3x	as long as short
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2500	+0.096%	$334K	$3.8M	50x	as long as short
Injective WIF/USDC PERP	+0.0323%	1h	0.2509	+0.456%	$10K	$28K	12x	as long as short
Reya WIFRUSDPERPlong	+0.0558%	1h	0.2498	long leg	$0	—	15x
Kraken Futures PF_WIFUSD	+0.0740%	1h	0.2500	+0.111%	$644K	$2.9M	50x	as long as short