WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.041%

Price spread now: Extended against Lighter+0.156%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$540.538% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.102%+$10 on $10k

Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.156%, 7d avg −0.029%

Together, before fees−0.090%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Extended is 0.184% dearer against Lighter than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WLFI	0.05760	−0.0072	get 0.0009% / 1h	23m 00s	$1.0M	$408K	5x
Short	Extended WLFI-USD	0.05769	0.0104	get 0.0013% / 1h	23m 00s	$133K	$490K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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 LighterbpFee ExtendedbpOrdersPrice spread, now +0.156%Rate

Funding earned: $36.96
Price spread: +0.156% → −0.029%: $18.43
Slippage, 4 orders: −$48.84
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $1.55
Costs to cover: 0.538%
Break-even: 6.7 days

Slippage from Lighter: live order book, 42 min ago; Extended: live order book, 45 min ago.

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 Lighter live order book, 42 min ago	6.95 bp	7.8 bp −$8	26.2 bp −$262	doesn't fit	doesn't fit
Sell Extended live order book, 45 min ago	4.34 bp	19.6 bp −$20	127.3 bp −$1,273	doesn't fit	doesn't fit

WLFI on 31 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	−0.0329%	1h	0.05766	+0.104%	$73K	$48K	20x	as long as short
Lighter WLFIlong	−0.0072%	1h	0.05760	long leg	$1.0M	$408K	5x
Coinbase International WLFI-PERP-INTX	−0.0032%	1h	0.05737	−0.399%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05762	+0.041%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.959%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05764	+0.075%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.764%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0055%	4h	0.05766	+0.106%	$1.6M	$591K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0079%	8h	0.05759	−0.011%	$2K	$118	5x	as long as short
01 Exchange WLFIUSD	+0.0088%	1h	0.05762	+0.035%	$4K	$319	3x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit WLFI_USDC-PERPETUAL	+0.0097%	1h	0.05769	+0.156%	$524	$11K	10x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05756	−0.061%	$81K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05768	+0.144%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05757	−0.047%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05773	+0.230%	$138.4M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05769	+0.156%	$21.1M	$17.6M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05769	+0.156%	$7.7M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05764	+0.066%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05772	+0.208%	$3.5M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05773	+0.226%	$14.8M	$21.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05771	+0.191%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05766	+0.104%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05772	+0.208%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05766	+0.104%	$240K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05762	+0.027%	$450K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05770	+0.174%	$280K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	+0.174%	$33K	$40K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.174%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05765	+0.087%	$122	$5K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05769	+0.156%	$133K	$490K	10x
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05763	+0.057%	$3K	—	100x	as long as short