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
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_WLFIUSD | 0.05743 | −0.0434 | get 0.0054% / 1h | 36m 24s | $73K | $59K | 20x |
| Short | Lighter WLFI | 0.05738 | 0.0096 | get 0.0012% / 1h | 36m 24s | $963K | $387K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 39 min ago | 5.24 bp | 5.2 bp −$5 | 23.1 bp −$231 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WLFIUSDlong | −0.0434% | 1h | 0.05743 | long leg | $73K | $59K | 20x | |
| Aster WLFIUSDT | −0.0118% | 4h | 0.05747 | +0.065% | $1.6M | $581K | 20x | as long as short |
| dYdX WLFI-USD | 0.0000% | 1h | 0.05742 | −0.016% | $11K | $970 | 5x | as long as short |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06045 | +5.264% | — | — | — | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05744 | +0.019% | $314 | — | 150x | as long as short |
| Injective WLFI/USDC PERP | +0.0033% | 1h | 0.05716 | −0.470% | $6K | $77K | 5.5x | as long as short |
| Paradex WLFI-USD-PERP | +0.0069% | 8h | 0.05745 | +0.037% | $2K | $108 | 5x | as long as short |
| OKX WLFI-USDT-SWAP | +0.0092% | 4h | 0.05740 | −0.052% | $7.5M | $12.7M | 50x | as long as short |
| Lighter WLFIshort | +0.0096% | 1h | 0.05738 | −0.087% | $963K | $387K | 5x | |
| Deribit WLFI_USDC-PERPETUAL | +0.0098% | 1h | 0.05747 | +0.070% | $522 | $11K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado WLFI-PERP | +0.0100% | 1h | 0.05741 | −0.026% | $79K | $27K | 5x | as long as short |
| Hyperliquid WLFI | +0.0100% | 1h | 0.05741 | −0.036% | $10.5M | $1.3M | 5x | as long as short |
| Pacifica WLFI | +0.0100% | 1h | 0.05742 | −0.019% | $246K | $13K | 5x | as long as short |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05749 | +0.098% | $137.7M | $39.5M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05738 | −0.087% | $21.0M | $17.4M | 75x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05748 | +0.087% | $1K | $753 | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05743 | 0.000% | $3.4M | $2.8M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05744 | +0.018% | $15.1M | $21.2M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05748 | +0.087% | $3.3M | $1.1M | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05742 | −0.017% | $8.0M | $3.1M | 75x | as long as short |
| BingX WLFI-USDT | +0.0100% | 4h | 0.05741 | −0.034% | — | $7.2M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05743 | 0.000% | $239K | $29K | 10x | as long as short |
| Variational Omni WLFI | +0.0100% | 4h | 0.05738 | −0.090% | $444K | $31K | — | as long as short |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05750 | +0.122% | $275K | $1.9M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05740 | −0.052% | $33K | $42K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05750 | +0.122% | $38K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05745 | +0.035% | $117 | $5K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05740 | −0.060% | $133K | $490K | 10x | as long as short |
| 01 Exchange WLFIUSD | +0.0128% | 1h | 0.05746 | +0.053% | $4K | $319 | 3x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0252% / S −0.0496% | 1h | 0.05744 | +0.011% | $3K | — | 100x | as long as short |
| BloFin WLFI-USDT | +0.0340% | 4h | 0.05744 | +0.018% | $4.7M | $72K | 75x | as long as short |
| Coinbase International WLFI-PERP-INTX | +0.0368% | 1h | 0.05737 | −0.104% | $32K | $16K | 50x | as long as short |
Kraken Futures PF_WLFIUSD
Lighter WLFI
Aster WLFIUSDT
gTrade (Gains Network) WLFI/USD
Injective WLFI/USDC PERP
Paradex WLFI-USD-PERP
OKX WLFI-USDT-SWAP
Deribit WLFI_USDC-PERPETUAL
Hyperliquid WLFI
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
Gate WLFI_USDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
Bitget WLFIUSDT
BingX WLFI-USDT
Backpack WLFI_USDC_PERP
Variational Omni WLFI
GRVT WLFI_USDT_Perp
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
01 Exchange WLFIUSD
GMX WLFI/USD [ETH-USDC]
BloFin WLFI-USDT
Coinbase International WLFI-PERP-INTX