WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0348%/8h= −38.1% APRnext payment −$0.43 per $10,000 · paid last 24h −0.042%

Price spread now: Lighter against Deribit−0.156%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Lighter

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 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 −$10 a day on $10k at the current rate, and Lighter is 0.156% cheaper against Deribit than usual: you would sell low and buy high (−$16 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	Deribit WLFI_USDC-PERPETUAL	0.05770	0.0444	pay 0.0055% / 1h	23m 07s	$524	$11K	10x
Short	Lighter WLFI	0.05761	0.0096	get 0.0012% / 1h	23m 07s	$1.0M	$467K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Deribit. 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 DeribitbpFee LighterbpOrdersPrice spread, now −0.156%Rate

Funding earned: −$73.02
Price spread: −0.156% → 0.000%: −$15.6
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$95.62
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 7 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 Deribit no order-book sample	—	—	—	—	—
Sell Lighter live order book, 7 min ago	8.67 bp	8.7 bp −$9	20.2 bp −$202	doesn't fit	doesn't fit

Deribit: 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
Coinbase International WLFI-PERP-INTX	−0.0328%	1h	0.05732	−0.659%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.774%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05764	−0.103%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.936%	$6K	$77K	5.5x	as long as short
BloFin WLFI-USDT	+0.0047%	4h	0.05769	−0.017%	$4.9M	$91K	75x	as long as short
dYdX WLFI-USD	+0.0087%	1h	0.05769	−0.019%	$11K	$943	5x	as long as short
Lighter WLFIshort	+0.0096%	1h	0.05761	−0.156%	$1.0M	$467K	5x
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05762	−0.147%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05761	−0.147%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05763	−0.120%	$10.5M	$1.3M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05765	−0.094%	$1.6M	$533K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05763	−0.116%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05769	−0.011%	$139.3M	$42.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05761	−0.156%	$21.1M	$19.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05764	−0.104%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05766	−0.073%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05764	−0.104%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05768	−0.035%	$13.7M	$19.9M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05768	−0.035%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05763	−0.121%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05764	−0.104%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05766	−0.069%	$234K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05762	−0.131%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05776	+0.112%	$282K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	0.000%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	0.000%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05765	−0.087%	$88	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05761	−0.156%	$176K	$1.0M	10x	as long as short
01 Exchange WLFIUSD	+0.0272%	1h	0.05769	−0.017%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05765	−0.095%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0407%	1h	0.05782	+0.215%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUALlong	+0.0444%	1h	0.05770	long leg	$524	$11K	10x