Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Binance against Lighter+0.001%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WEN | 6.7079 | 0.0032 | pay 0.0004% / 1h | 44m 22s | $11K | $980 | 10x |
| Short | Binance WENUSDT | 6.7080 | 0 | get 0.0000% / 8h | 7h 44m | $579K | $514K | 20x |
Lighter WEN
Binance WENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$6.72
- Price spread: +0.001% → 0.000%
- $0.15
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$16.57
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 18 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 18 min ago | 1.49 bp | 45.3 bp −$45 | 168.3 bp −$1,683 | doesn't fit | doesn't fit |
Lighter: 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.
WEN on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance WENUSDTshort | 0.0000% | 8h | 6.7080 | +0.001% | $579K | $514K | 20x | |
| OKX WEN-USDT-SWAP | 0.0000% | 8h | 6.7090 | +0.016% | $204K | $113K | 10x | as long as short |
| Gate WEN_USDT | 0.0000% | 8h | 6.6960 | −0.177% | $271K | $3K | 20x | as long as short |
| Bitget WENUSDT | 0.0000% | 8h | 6.6980 | −0.148% | $110K | $38K | 20x | as long as short |
| Variational Omni WEN | 0.0000% | 8h | 6.7094 | +0.022% | $24K | $46K | — | as long as short |
| Lighter WENlong | +0.0032% | 1h | 6.7079 | long leg | $11K | $980 | 10x |
OKX WEN-USDT-SWAP
Gate WEN_USDT
Bitget WENUSDT
Variational Omni WEN