Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against OKX+0.574%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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.574% dearer against OKX than usual: you sell high and buy low: +$57 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WEN-USDT-SWAP | 6.7200 | 0 | get 0.0000% / 8h | 2h 02m | $205K | $110K | 10x |
| Short | Lighter WEN | 6.7586 | 0.0032 | get 0.0004% / 1h | 2m 23s | $11K | $980 | 10x |
OKX WEN-USDT-SWAP
Lighter WENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: +0.574% → 0.000%
- $57.44
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $54.16
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 43 min ago; Lighter: no order-book sample. 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 OKX live order book, 43 min ago | 7.45 bp | 105.7 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
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 WENUSDT | 0.0000% | 8h | 6.7192 | −0.012% | $588K | $504K | 20x | as long as short |
| OKX WEN-USDT-SWAPlong | 0.0000% | 8h | 6.7200 | long leg | $205K | $110K | 10x | |
| Gate WEN_USDT | 0.0000% | 8h | 6.7150 | −0.074% | $272K | $3K | 20x | as long as short |
| Bitget WENUSDT | 0.0000% | 8h | 6.7130 | −0.104% | $110K | $38K | 20x | as long as short |
| Variational Omni WEN | 0.0000% | 8h | 6.7168 | −0.047% | $39K | $31K | — | as long as short |
| Lighter WENshort | +0.0032% | 1h | 6.7586 | +0.574% | $11K | $980 | 10x |
Binance WENUSDT
Gate WEN_USDT
Bitget WENUSDT
Variational Omni WEN