WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.033%

Price spread now: Lighter against Coinbase International+0.209%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Lighter

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 days—no 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. Lighter is 0.209% dearer against Coinbase International than usual: you sell high and buy low (spread +0.209% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WLFI-PERP-INTX	0.05737	−0.0032	get 0.0004% / 1h	16m 35s	$32K	$15K	50x
Short	Lighter WLFI	0.05749	−0.0064	pay 0.0008% / 1h	16m 35s	$1.0M	$413K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Coinbase International. 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 Coinbase InternationalbpFee LighterbpOrdersPrice spread, now +0.209%Rate

Funding earned: −$6.72
Price spread: +0.209% → 0.000%: $20.92
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $4.2
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Lighter: live order book, 4 min ago. 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Lighter live order book, 4 min ago	6.95 bp	9.4 bp −$9	19.3 bp −$193	doesn't fit	doesn't fit

Coinbase International: 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.

WLFI on 31 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
Kraken Futures PF_WLFIUSD	−0.0329%	1h	0.05761	+0.414%	$73K	$48K	20x	as long as short
Lighter WLFIshort	−0.0064%	1h	0.05749	+0.209%	$1.0M	$413K	5x
Coinbase International WLFI-PERP-INTXlong	−0.0032%	1h	0.05737	long leg	$32K	$15K	50x
dYdX WLFI-USD	0.0000%	1h	0.05764	+0.470%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.377%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05761	+0.418%	$523	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05760	+0.401%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.366%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0058%	4h	0.05754	+0.293%	$1.6M	$591K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0078%	8h	0.05751	+0.241%	$2K	$118	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange WLFIUSD	+0.0088%	1h	0.05755	+0.314%	$4K	$319	3x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05758	+0.366%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05756	+0.324%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05756	+0.331%	$138.1M	$40.1M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05749	+0.209%	$21.2M	$17.7M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05750	+0.227%	$7.7M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05758	+0.359%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05752	+0.261%	$3.5M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05755	+0.314%	$14.7M	$21.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05759	+0.383%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05752	+0.261%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05760	+0.401%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05758	+0.366%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05770	+0.583%	$450K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05770	+0.575%	$277K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	+0.575%	$33K	$40K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05760	+0.392%	$81K	$24K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.575%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05761	+0.418%	$116	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05748	+0.192%	$133K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05755	+0.314%	$3K	—	100x	as long as short