WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0257%/8h= −28.2% APRnext payment −$0.32 per $10,000 · paid last 24h −0.045%

Price spread now: Injective against Lighter−1.622%66s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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 against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 1.622% cheaper against Lighter than usual: you would sell low and buy high (−$162 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WIF	0.2503	0.0096	pay 0.0012% / 1h	12m 04s	$144K	$743K	10x
Short	Injective WIF/USDC PERP	0.2462	−0.0161	pay 0.0020% / 1h	12m 04s	$10K	$11K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee LighterbpFee InjectivebpOrdersPrice spread, now −1.622%Rate

Funding earned: −$53.99
Price spread: −1.622% → 0.000%: −$162.23
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$216.24
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 18 min ago; Injective: 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 Lighter live order book, 18 min ago	2.98 bp	14.8 bp −$15	59.8 bp −$598	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX WIF/USD [WBTC.b-USDC]	L −0.0197% / S +0.0279%	1h	0.2507	+0.192%	$20K	—	100x	as long as short
Injective WIF/USDC PERPshort	−0.0161%	1h	0.2462	−1.622%	$10K	$11K	12x
BloFin WIF-USDT	−0.0140%	4h	0.2541	+1.534%	$1.0M	$963K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2515	+0.515%	$14K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2505	+0.096%	$33K	$275K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2507	+0.176%	$4K	—	150x	as long as short
Backpack WIF_USDC_PERP	+0.0030%	1h	0.2495	−0.284%	$75K	$310K	10x	as long as short
Lighter WIFlong	+0.0096%	1h	0.2503	long leg	$144K	$743K	10x
Popdex WIFUSDT	+0.0096%	1h	0.2517	+0.575%	$54K	$576K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2496	−0.256%	$8.7M	$7.1M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2503	+0.024%	$29K	$352K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2514	+0.460%	$78K	$74K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2501	−0.064%	$19.2M	$150.9M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2499	−0.144%	$17.1M	$49.9M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2499	−0.144%	$5.8M	$44.0M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2502	−0.024%	$1.3M	$9.6M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2501	−0.064%	$24.8M	$13.0M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2501	−0.064%	$4.2M	$17.2M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2493	−0.384%	$7.5M	$16.4M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2502	−0.024%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2517	+0.580%	$74K	$193K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2536	+1.335%	$286K	$3.0M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2531	+1.135%	$46K	$640K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2507	+0.176%	$6K	$1.0M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2498	−0.184%	$2K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2502	−0.024%	$577	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2498	−0.184%	$159K	$912K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2501	−0.048%	$10K	$181K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2506	+0.135%	$84K	$85	3x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2501	−0.064%	$328K	$3.4M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2516	+0.542%	$1	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0810%	1h	0.2502	−0.017%	$658K	$2.7M	50x	as long as short