WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.045%

Price spread now: Lighter against Pacifica−0.119%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$720.721% of the position

Long on Pacifica Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.100%−$10 on $10k

Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.119%, 7d avg −0.033%

Together, before fees−0.020%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.086% cheaper against Pacifica than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLFI	0.05783	0.0100	pay 0.0013% / 1h	19m 47s	$247K	$14K	5x
Short	Lighter WLFI	0.05776	0.0096	get 0.0012% / 1h	19m 47s	$1.0M	$458K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. 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 PacificabpFee LighterbpOrdersPrice spread, now −0.119%Rate

Funding earned: −$0.84
Price spread: −0.119% → −0.033%: −$8.61
Slippage, 4 orders: −$64.1
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$81.55
Costs to cover: 0.721%
Break-even: never at this rate

Slippage from Pacifica: live order book, 28 min ago; Lighter: live order book, 1 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 Pacifica live order book, 28 min ago	17.27 bp	21.3 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 1 min ago	6.06 bp	7.1 bp −$7	21.9 bp −$219	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	−0.794%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.545%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05780	−0.051%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.157%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0038%	1h	0.05778	−0.077%	$11K	$943	5x	as long as short
Lighter WLFIshort	+0.0096%	1h	0.05776	−0.119%	$1.0M	$458K	5x
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05780	−0.056%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05779	−0.076%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05779	−0.076%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05781	−0.028%	$1.6M	$580K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFIlong	+0.0100%	1h	0.05783	long leg	$247K	$14K	5x
Binance WLFIUSDT	+0.0100%	4h	0.05782	−0.016%	$139.5M	$42.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05777	−0.102%	$21.1M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05776	−0.119%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05783	+0.010%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05780	−0.050%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05783	+0.002%	$13.8M	$20.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05784	+0.019%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05774	−0.154%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05780	−0.050%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05782	−0.016%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05778	−0.076%	$451K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05787	+0.066%	$283K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.050%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.123%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05782	−0.016%	$83	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05777	−0.105%	$176K	$735K	10x	as long as short
01 Exchange WLFIUSD	+0.0192%	1h	0.05784	+0.019%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05781	−0.024%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05786	+0.054%	$4.8M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0380%	1h	0.05781	−0.037%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0442%	1h	0.05785	+0.036%	$525	$11K	10x	as long as short