WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0284%/8h= +31.1% APRnext payment +$0.35 per $10,000 · paid last 24h −0.056%

Price spread now: Kraken Futures against Lighter+0.162%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$940.944% of the position

Long on Lighter Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.182%−$18 on $10k

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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and Kraken Futures is 0.162% dearer against Lighter than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.182% in total (about -9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WLFI	0.05766	0.0096	pay 0.0012% / 1h	31m 16s	$1.0M	$456K	5x
Short	Kraken Futures PF_WLFIUSD	0.05775	0.0380	get 0.0047% / 1h	31m 16s	$97K	$90K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.162%Rate

Funding earned: $59.62
Price spread: +0.162% → 0.000%: $16.17
Slippage, 4 orders: −$84.4
Fee Lighter: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$18.61
Costs to cover: 0.944%
Break-even: 9.2 days

Slippage from Lighter: live order book, 4 min ago; Kraken Futures: live order book, 72 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, 4 min ago	7.79 bp	8.4 bp −$8	22.3 bp −$223	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 72 min ago	18.12 bp	34.7 bp −$35	280.1 bp −$2,801	doesn't fit	doesn't fit

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	−0.0144%	1h	0.05737	−0.503%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.851%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05770	+0.069%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.867%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0040%	1h	0.05769	+0.046%	$11K	$943	5x	as long as short
Lighter WLFIlong	+0.0096%	1h	0.05766	long leg	$1.0M	$456K	5x
Paradex WLFI-USD-PERP	+0.0098%	8h	0.05771	+0.094%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05769	+0.061%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05770	+0.068%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05772	+0.104%	$1.6M	$587K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05772	+0.111%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05775	+0.156%	$139.3M	$42.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05769	+0.052%	$21.1M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05769	+0.052%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05772	+0.099%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05769	+0.052%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05775	+0.156%	$13.8M	$20.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05773	+0.121%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05769	+0.052%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05771	+0.087%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05772	+0.104%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05781	+0.253%	$451K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05777	+0.199%	$274K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	+0.069%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.243%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05772	+0.104%	$86	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05767	+0.026%	$144K	$706K	10x	as long as short
01 Exchange WLFIUSD	+0.0184%	1h	0.05775	+0.156%	$4K	$319	3x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0270%	1h	0.05775	+0.156%	$524	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05773	+0.116%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05775	+0.156%	$4.8M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSDshort	+0.0380%	1h	0.05775	+0.162%	$97K	$90K	20x