WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h −0.039%

Price spread now: Lighter against Arcus−0.059%7-day average — · you buy dearer than you sell

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

Long on Arcus Short on Lighter

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 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.059% cheaper against Arcus than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus WLFI-USD	0.05739	0.0100	pay 0.0013% / 1h	59m 45s	$1K	$753	5x
Short	Lighter WLFI	0.05736	0.0048	get 0.0006% / 1h	59m 45s	$970K	$380K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Arcus. 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 ArcusbpFee LighterbpOrdersPrice spread, now −0.059%Rate

Funding earned: −$10.92
Price spread: −0.059% → 0.000%: −$5.92
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$21.34
Costs to cover: 0.045%
Break-even: never at this rate

Slippage unknown: Arcus: no order-book sample; Lighter: live order book, 11 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 Arcus no order-book sample	—	—	—	—	—
Sell Lighter live order book, 11 min ago	7.87 bp	9.3 bp −$9	22.8 bp −$228	doesn't fit	doesn't fit

Arcus: 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.

WLFI 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
Kraken Futures PF_WLFIUSD	−0.0434%	1h	0.05746	+0.121%	$73K	$50K	20x	as long as short
Aster WLFIUSDT	−0.0038%	4h	0.05742	+0.047%	$1.6M	$583K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05737	−0.042%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.330%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05744	+0.079%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.408%	$6K	$77K	5.5x	as long as short
Lighter WLFIshort	+0.0048%	1h	0.05736	−0.059%	$970K	$380K	5x
Paradex WLFI-USD-PERP	+0.0079%	8h	0.05744	+0.083%	$2K	$108	5x	as long as short
01 Exchange WLFIUSD	+0.0096%	1h	0.05745	+0.098%	$4K	$319	3x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05742	+0.038%	$79K	$26K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05740	+0.014%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05739	−0.005%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05738	−0.017%	$137.4M	$40.2M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05731	−0.146%	$20.8M	$17.7M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05732	−0.129%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USDlong	+0.0100%	1h	0.05739	long leg	$1K	$753	5x
Gate WLFI_USDT	+0.0100%	4h	0.05744	+0.080%	$3.5M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05745	+0.098%	$14.5M	$21.3M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05745	+0.098%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05734	−0.094%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05734	−0.094%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05746	+0.115%	$239K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05727	−0.221%	$444K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05730	−0.163%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.164%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	+0.185%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05746	+0.115%	$110	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05742	+0.049%	$133K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05744	+0.077%	$3K	—	100x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0272%	1h	0.05749	+0.167%	$522	$11K	10x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05744	+0.080%	$4.7M	$77K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	−0.042%	$32K	$16K	50x	as long as short