WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0462%/8h= +50.6% APRnext payment +$0.58 per $10,000 · paid last 24h +0.138%

Price spread now: Reya against Lighter−0.139%7-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 Reya

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 · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.139% cheaper against Lighter than usual: you would sell low and buy high (spread −0.139% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 24 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WIF	0.2551	0.0096	pay 0.0012% / 1h	44m 35s	$131K	$938K	10x
Short	Reya WIFRUSDPERP	0.2548	0.0558	get 0.0070% / 1h	44m 35s	$1	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.139%Rate

Funding earned: $96.95
Price spread: −0.139% → 0.000%: −$13.91
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Reya: 3 bp × 2 orders: −$6
Net: $77.03
Costs to cover: 0.060%
Break-even: 1.4 days

Slippage unknown: Lighter: live order book, 59 min ago; Reya: 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, 59 min ago	5.09 bp	9.2 bp −$9	57.2 bp −$572	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 exchanges

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
BloFin WIF-USDT	−0.0140%	4h	0.2555	+0.141%	$876K	$1.1M	75x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L −0.0122% / S +0.0184%	1h	0.2552	+0.038%	$9K	—	100x	as long as short
Backpack WIF_USDC_PERP	0.0000%	1h	0.2553	+0.059%	$91K	$381K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2549	−0.081%	$13K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2553	+0.063%	$34K	$242K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2553	+0.049%	$4K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2549	−0.094%	$10K	$28K	12x	as long as short
Lighter WIFlong	+0.0096%	1h	0.2551	long leg	$131K	$938K	10x
Popdex WIFUSDT	+0.0096%	1h	0.2551	−0.016%	$54K	$609K	20x	as long as short
Orderly PERP_WIF_USDC	+0.0098%	4h	0.2552	+0.024%	$5K	$850K	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WIF	+0.0100%	1h	0.2550	−0.063%	$10.0M	$9.6M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2551	−0.004%	$31K	$408K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2550	−0.042%	$79K	$99K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2551	−0.016%	$20.7M	$178.4M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2548	−0.118%	$17.5M	$60.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2550	−0.055%	$6.3M	$52.5M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2551	−0.016%	$1.2M	$12.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2549	−0.094%	$22.3M	$15.1M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2549	−0.094%	$3.7M	$18.9M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2550	−0.055%	$7.7M	$19.8M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2552	+0.024%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2547	−0.178%	$76K	$364K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2550	−0.059%	$292K	$3.5M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2521	−1.192%	$36K	$648K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2548	−0.133%	$1K	$3.2M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2554	+0.102%	$3K	$6K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2553	+0.063%	$159K	$1.0M	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2550	−0.068%	$9K	$271K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2552	+0.024%	$85K	—	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0357%	1h	0.2556	+0.162%	$649K	$3.1M	50x	as long as short
Reya WIFRUSDPERPshort	+0.0558%	1h	0.2548	−0.139%	$1	—	15x
Coinbase International WIF-PERP-INTX	+0.0600%	1h	0.2552	+0.024%	$342K	$4.0M	50x	as long as short