WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.039%

Price spread now: Lighter against Pacifica−0.065%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$880.876% of the position

Long on Pacifica Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.065%, 7d avg −0.029%

Together, before fees−0.067%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.035% cheaper against Pacifica than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLFI	0.05723	0.0100	pay 0.0013% / 1h	19m 15s	$246K	$13K	5x
Short	Lighter WLFI	0.05719	0.0096	get 0.0012% / 1h	19m 15s	$962K	$391K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. 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 PacificabpFee LighterbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$0.84
Price spread: −0.065% → −0.029%: −$3.54
Slippage, 4 orders: −$79.58
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$91.95
Costs to cover: 0.876%
Break-even: never at this rate

Slippage from Pacifica: live order book, 59 min ago; Lighter: live order book, 56 min ago.

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 Pacifica live order book, 59 min ago	17.45 bp	33.3 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 56 min ago	5.24 bp	5.2 bp −$5	23.1 bp −$231	doesn't fit	doesn't fit

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_WLFIUSD	−0.0435%	1h	0.05725	+0.043%	$73K	$57K	20x	as long as short
Aster WLFIUSDT	−0.0079%	4h	0.05728	+0.088%	$1.6M	$584K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05727	+0.068%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.636%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05726	+0.058%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05725	+0.041%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.117%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0073%	8h	0.05725	+0.044%	$2K	$108	5x	as long as short
Lighter WLFIshort	+0.0096%	1h	0.05719	−0.065%	$962K	$391K	5x
OKX WLFI-USDT-SWAP	+0.0097%	4h	0.05722	−0.012%	$7.5M	$12.7M	50x	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	0.05720	−0.038%	$79K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05722	−0.021%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFIlong	+0.0100%	1h	0.05723	long leg	$246K	$13K	5x
Binance WLFIUSDT	+0.0100%	4h	0.05725	+0.046%	$137.1M	$39.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05718	−0.082%	$20.8M	$17.6M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05728	+0.091%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05722	−0.012%	$3.4M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05724	+0.023%	$14.7M	$21.3M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05728	+0.093%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05723	+0.005%	$7.9M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05730	+0.128%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05724	+0.023%	$238K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05728	+0.088%	$444K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05733	+0.178%	$274K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	+0.128%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	+0.128%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05725	+0.040%	$109	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05720	−0.041%	$133K	$490K	10x	as long as short
01 Exchange WLFIUSD	+0.0104%	1h	0.05726	+0.058%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05724	+0.030%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05738	+0.267%	$4.7M	$74K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	+0.250%	$32K	$16K	50x	as long as short