Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: dYdX against Lighter+0.217%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. dYdX is 0.217% dearer against Lighter than usual: you sell high and buy low (spread +0.217% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter WIF0.24300.0096pay 0.0012% / 1h41m 59s$136K$568K10x
ShortdYdX WIF-USD0.24360get 0.0000% / 1h41m 59s$18K$58910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$20.16
Price spread: +0.217% → 0.000%
$21.74
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$8.42
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Lighter: live order book, 28 min ago; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 28 min ago3.30 bp13.2 bp −$1356.2 bp −$562doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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.

WIF on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack WIF_USDC_PERP−0.0401%1h0.2429−0.074%$72K$249K10xas long as short
Deribit WIF_USDC-PERPETUAL−0.0162%1h0.2429−0.058%$48K$289K25xas long as short
dYdX WIF-USDshort0.0000%1h0.2436+0.217%$18K$58910x
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2431+0.007%$15K150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2395−1.457%$10K$10K12xas long as short
KuCoin WIFUSDTM+0.0036%4h0.2429−0.058%$4.3M$11.4M75xas long as short
Orderly PERP_WIF_USDC+0.0093%4h0.2429−0.058%$5K$1.3M10xas long as short
Lighter WIFlong+0.0096%1h0.2430long leg$136K$568K10x
Popdex WIFUSDT+0.0096%1h0.2432+0.066%$54K$484K20xas long as short
Hyperliquid WIF+0.0100%1h0.2434+0.128%$7.6M$4.0M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WIFUSDT+0.0100%4h0.2431+0.035%$24K$256K10xas long as short
Pacifica WIF+0.0100%1h0.2436+0.224%$75K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.2431+0.025%$18.1M$103.3M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2431+0.025%$16.7M$35.9M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2431+0.025%$6.0M$31.9M50xas long as short
Gate WIF_USDT+0.0100%4h0.2430−0.016%$1.2M$7.0M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2430−0.016%$22.0M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2430−0.016%$7.5M$11.8M50xas long as short
BingX WIF-USDC+0.0100%4h0.2428−0.099%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2452+0.897%$72K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2445+0.617%$273K$1.8M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2448+0.724%$43K$621K25xas long as short
SunX WIF-USDT+0.0100%4h0.2428−0.099%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2430−0.029%$556$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2430−0.016%$168K$739K75xas long as short
Extended WIF-USD+0.0104%1h0.2429−0.076%$10K$153K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2429−0.037%$81K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0191% / S −0.0138%1h0.2429−0.041%$6K100xas long as short
Coinbase International WIF-PERP-INTX+0.0264%1h0.2431+0.025%$321K$2.4M50xas long as short
Kraken Futures PF_WIFUSD+0.0321%1h0.2432+0.067%$635K$2.2M50xas long as short
BloFin WIF-USDT+0.0340%4h0.2433+0.107%$988K$724K75xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2431+0.012%$015xas long as short