Settings8H · net · $10k
Funding arb · Price arb /

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0040%/8h= −4.4% APRnext payment $0.05 per $10,000 · paid last 24h −0.033%
Price spread now: Lighter against Coinbase International+0.505%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.505% dearer against Coinbase International than usual: you sell high and buy low (spread +0.505% now, against zero (this spread has no 7-day history yet)): +$51 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 42 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WLFI-PERP-INTX0.05737−0.0032get 0.0004% / 1h24m 02s$32K$15K50x
ShortLighter WLFI0.05766−0.0072pay 0.0009% / 1h24m 02s$1.0M$408K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Coinbase International. 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

Funding earned
−$8.4
Price spread: +0.505% → 0.000%
$50.55
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$32.15
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; Lighter: live order book, 41 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell Lighter live order book, 41 min ago6.95 bp6.9 bp −$720.5 bp −$205doesn't fitdoesn't fit
Coinbase International: 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 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WLFIUSD−0.0328%1h0.05771+0.588%$73K$48K20xas long as short
Lighter WLFIshort−0.0072%1h0.05766+0.505%$1.0M$408K5x
Coinbase International WLFI-PERP-INTXlong−0.0032%1h0.05737long leg$32K$15K50x
dYdX WLFI-USD0.0000%1h0.05773+0.626%$11K$9705xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06046+5.381%as long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05770+0.576%$316150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−0.366%$6K$77K5.5xas long as short
Aster WLFIUSDT+0.0052%4h0.05769+0.562%$1.6M$591K20xas long as short
Paradex WLFI-USD-PERP+0.0079%8h0.05763+0.447%$2K$1185xas long as short
01 Exchange WLFIUSD+0.0080%1h0.05772+0.610%$4K$3193xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WLFI_USDC-PERPETUAL+0.0097%1h0.05773+0.628%$524$11K10xas long as short
Nado WLFI-PERP+0.0100%1h0.05770+0.575%$81K$24K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05757+0.342%$10.5M$1.3M5xas long as short
Pacifica WLFI+0.0100%1h0.05773+0.621%$248K$13K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05763+0.456%$138.2M$40.1M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05755+0.314%$21.1M$17.5M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05757+0.349%$7.7M$12.8M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05771+0.591%$1K$7535xas long as short
Gate WLFI_USDT+0.0100%4h0.05760+0.401%$3.5M$2.9M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05762+0.436%$14.9M$21.7M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05773+0.628%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05755+0.314%$8.0M$3.3M75xas long as short
BingX WLFI-USDC+0.0100%4h0.05770+0.575%$2.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05762+0.436%$240K$27K10xas long as short
Variational Omni WLFI+0.0100%4h0.05762+0.428%$450K$41Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05754+0.304%$280K$1.8M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05740+0.052%$33K$41K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05780+0.750%$39K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05774+0.645%$121$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05766+0.497%$133K$490K10xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0252% / S −0.0496%1h0.05772+0.612%$3K100xas long as short