Funding you earn now, next payment 05:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.03 per $10,000 · paid last 24h +0.045%
Price spread now: Pacifica against Lighter+0.083%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$740.736% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.083%, 7d avg +0.032%
=Together, before fees+0.058%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Pacifica is 0.051% dearer against Lighter than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WLFI | 0.05788 | 0.0072 | pay 0.0009% / 1h | 8m 21s | $1.0M | $451K | 5x |
| Short | Pacifica WLFI | 0.05793 | 0.0100 | get 0.0013% / 1h | 8m 21s | $247K | $14K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.88
- Price spread: +0.083% → +0.032%
- $5.11
- Slippage, 4 orders
- −$65.65
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$62.66
- Costs to cover
- 0.736%
- Break-even
- 81.6 days
Slippage from Lighter: live order book, 2 min ago; Pacifica: 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, 2 min ago | 6.91 bp | 9.7 bp −$10 | 24.5 bp −$245 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 45 min ago | 8.66 bp | 29.7 bp −$30 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06046 | +4.450% | — | — | — | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05792 | +0.062% | $317 | — | 150x | as long as short |
| dYdX WLFI-USD | +0.0024% | 1h | 0.05793 | +0.086% | $11K | $970 | 5x | as long as short |
| Injective WLFI/USDC PERP | +0.0033% | 1h | 0.05716 | −1.244% | $6K | $77K | 5.5x | as long as short |
| Coinbase International WLFI-PERP-INTX | +0.0048% | 1h | 0.05737 | −0.881% | $32K | $15K | 50x | as long as short |
| Lighter WLFIlong | +0.0072% | 1h | 0.05788 | long leg | $1.0M | $451K | 5x | |
| Paradex WLFI-USD-PERP | +0.0097% | 8h | 0.05790 | +0.039% | $2K | $118 | 5x | as long as short |
| Nado WLFI-PERP | +0.0100% | 1h | 0.05792 | +0.060% | $82K | $24K | 5x | as long as short |
| Hyperliquid WLFI | +0.0100% | 1h | 0.05790 | +0.043% | $10.6M | $1.3M | 5x | as long as short |
| Aster WLFIUSDT | +0.0100% | 4h | 0.05791 | +0.049% | $1.6M | $579K | 20x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLFIshort | +0.0100% | 1h | 0.05793 | +0.083% | $247K | $14K | 5x | |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05796 | +0.137% | $139.8M | $42.2M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05790 | +0.035% | $21.0M | $19.2M | 75x | as long as short |
| OKX WLFI-USDT-SWAP | +0.0100% | 4h | 0.05791 | +0.052% | $7.7M | $13.4M | 50x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05791 | +0.052% | $7K | $8K | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05793 | +0.086% | $3.5M | $3.1M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05794 | +0.104% | $13.5M | $20.7M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05793 | +0.086% | $3.3M | $1.1M | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05789 | +0.017% | $7.9M | $3.5M | 75x | as long as short |
| BingX WLFI-USDT | +0.0100% | 4h | 0.05793 | +0.086% | — | $7.3M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05795 | +0.121% | $241K | $26K | 10x | as long as short |
| Variational Omni WLFI | +0.0100% | 4h | 0.05793 | +0.094% | $452K | $40K | — | as long as short |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05810 | +0.380% | $283K | $1.8M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05800 | +0.207% | $34K | $38K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05800 | +0.207% | $38K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05794 | +0.104% | $105 | $5K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05790 | +0.034% | $136K | $480K | 10x | as long as short |
| 01 Exchange WLFIUSD | +0.0152% | 1h | 0.05794 | +0.104% | $4K | $319 | 3x | as long as short |
| Deribit WLFI_USDC-PERPETUAL | +0.0268% | 1h | 0.05796 | +0.138% | $526 | $11K | 10x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0298% / S −0.1279% | 1h | 0.05793 | +0.083% | $7K | — | 100x | as long as short |
| Kraken Futures PF_WLFIUSD | +0.0338% | 1h | 0.05797 | +0.163% | $97K | $91K | 20x | as long as short |
| BloFin WLFI-USDT | +0.0340% | 4h | 0.05798 | +0.173% | $4.8M | $87K | 75x | as long as short |
Lighter WLFI
Pacifica WLFI
gTrade (Gains Network) WLFI/USD
Injective WLFI/USDC PERP
Coinbase International WLFI-PERP-INTX
Paradex WLFI-USD-PERP
Hyperliquid WLFI
Aster WLFIUSDT
Binance WLFIUSDT
Bybit WLFIUSDT
OKX WLFI-USDT-SWAP
Gate WLFI_USDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
Bitget WLFIUSDT
BingX WLFI-USDT
Backpack WLFI_USDC_PERP
Variational Omni WLFI
GRVT WLFI_USDT_Perp
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
01 Exchange WLFIUSD
Deribit WLFI_USDC-PERPETUAL
GMX WLFI/USD [ETH-USDC]
Kraken Futures PF_WLFIUSD
BloFin WLFI-USDT