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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0530%/8h= +58.0% APRnext payment +$0.66 per $10,000 · paid last 24h +0.067%
Price spread now: Lighter against Kraken Futures−0.087%7-day average · you buy dearer than you sell
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 7 days+0.166%+$17 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.087% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 13 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.166% in total) that is about 3.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.166% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.66 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_WLFIUSD0.05743−0.0434get 0.0054% / 1h36m 24s$73K$59K20x
ShortLighter WLFI0.057380.0096get 0.0012% / 1h36m 24s$963K$387K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Kraken Futures. 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
$111.3
Price spread: −0.087% → 0.000%
−$8.67
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$92.63
Costs to cover
0.100%
Break-even
1.2 days
Slippage unknown: Kraken Futures: no order-book sample; Lighter: live order book, 39 min ago. 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 Kraken Futures no order-book sample
Sell Lighter live order book, 39 min ago5.24 bp5.2 bp −$523.1 bp −$231doesn't fitdoesn't fit
Kraken Futures: 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 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
Kraken Futures PF_WLFIUSDlong−0.0434%1h0.05743long leg$73K$59K20x
Aster WLFIUSDT−0.0118%4h0.05747+0.065%$1.6M$581K20xas long as short
dYdX WLFI-USD0.0000%1h0.05742−0.016%$11K$9705xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06045+5.264%as long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05744+0.019%$314150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−0.470%$6K$77K5.5xas long as short
Paradex WLFI-USD-PERP+0.0069%8h0.05745+0.037%$2K$1085xas long as short
OKX WLFI-USDT-SWAP+0.0092%4h0.05740−0.052%$7.5M$12.7M50xas long as short
Lighter WLFIshort+0.0096%1h0.05738−0.087%$963K$387K5x
Deribit WLFI_USDC-PERPETUAL+0.0098%1h0.05747+0.070%$522$11K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLFI-PERP+0.0100%1h0.05741−0.026%$79K$27K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05741−0.036%$10.5M$1.3M5xas long as short
Pacifica WLFI+0.0100%1h0.05742−0.019%$246K$13K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05749+0.098%$137.7M$39.5M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05738−0.087%$21.0M$17.4M75xas long as short
Arcus WLFI-USD+0.0100%1h0.05748+0.087%$1K$7535xas long as short
Gate WLFI_USDT+0.0100%4h0.057430.000%$3.4M$2.8M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05744+0.018%$15.1M$21.2M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05748+0.087%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05742−0.017%$8.0M$3.1M75xas long as short
BingX WLFI-USDT+0.0100%4h0.05741−0.034%$7.2Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.057430.000%$239K$29K10xas long as short
Variational Omni WLFI+0.0100%4h0.05738−0.090%$444K$31Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05750+0.122%$275K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05740−0.052%$33K$42K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05750+0.122%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05745+0.035%$117$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05740−0.060%$133K$490K10xas long as short
01 Exchange WLFIUSD+0.0128%1h0.05746+0.053%$4K$3193xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0252% / S −0.0496%1h0.05744+0.011%$3K100xas long as short
BloFin WLFI-USDT+0.0340%4h0.05744+0.018%$4.7M$72K75xas long as short
Coinbase International WLFI-PERP-INTX+0.0368%1h0.05737−0.104%$32K$16K50xas long as short