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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against SunX+0.209%7-day average +0.217% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1831.832% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.209%, 7d avg +0.217%
Together, before fees−0.082%+ Points / potential airdropLighter: Season 3 · farm board−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX WIF-USDT0.24410.0100pay 0.0050% / 4h1h 48m$2K$3.1M50x
ShortLighter WIF0.24460.0096get 0.0012% / 1h48m 53s$141K$700K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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
−$0.84
Price spread: +0.209% → +0.217%
−$0.77
Slippage, 4 orders
−$175.15
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$184.76
Costs to cover
1.832%
Break-even
never at this rate
Slippage from SunX: live order book, 9 min ago; Lighter: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 9 min ago34.70 bp91.5 bp −$91doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 52 min ago3.97 bp15.5 bp −$1560.4 bp −$604doesn't fitdoesn't fit

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
Injective WIF/USDC PERP−0.0467%1h0.2454+0.533%$10K$10K12xas long as short
BloFin WIF-USDT−0.0140%4h0.2442+0.041%$975K$921K75xas long as short
dYdX WIF-USD0.0000%1h0.2452+0.431%$13K$58710xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2444+0.123%$32K$274K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2444+0.140%150xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0062% / S +0.0250%1h0.2445+0.156%$21K100xas long as short
Backpack WIF_USDC_PERP+0.0078%1h0.2446+0.209%$73K$293K10xas long as short
Lighter WIFshort+0.0096%1h0.2446+0.209%$141K$700K10x
Popdex WIFUSDT+0.0096%1h0.2447+0.246%$52K$570K20xas long as short
Hyperliquid WIF+0.0100%1h0.2453+0.479%$8.5M$6.4M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WIFUSDT+0.0100%4h0.2449+0.327%$31K$350K10xas long as short
Pacifica WIF+0.0100%1h0.2452+0.436%$77K$70K5xas long as short
Binance WIFUSDT+0.0100%4h0.2449+0.327%$18.6M$142.8M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2449+0.328%$16.5M$47.1M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2449+0.328%$5.5M$41.1M50xas long as short
Gate WIF_USDT+0.0100%4h0.2447+0.246%$1.1M$9.1M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2449+0.328%$22.1M$12.2M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2447+0.246%$4.1M$16.3M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2449+0.328%$7.4M$15.6M50xas long as short
BingX WIF-USDC+0.0100%4h0.2452+0.451%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2445+0.168%$72K$193Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2447+0.247%$277K$2.8M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2435−0.246%$45K$630K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2446+0.205%$5K$1.0M10xas long as short
SunX WIF-USDTlong+0.0100%4h0.2441long leg$2K$3.1M50x
SoDEX WIF-USD+0.0100%1h0.2445+0.143%$561$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2442+0.041%$148K$882K75xas long as short
Extended WIF-USD+0.0104%1h0.2447+0.250%$10K$159K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2444+0.114%$82K$853xas long as short
Kraken Futures PF_WIFUSD+0.0349%1h0.2446+0.193%$626K$2.7M50xas long as short
Coinbase International WIF-PERP-INTX+0.0384%1h0.2446+0.205%$323K$3.2M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2444+0.128%$015xas long as short