After costs, if the gap returns to its 7d average, $10k−$50
spread now+0.041%7d average+0.054%fees + slippage, in and out−$49spread needed0.488%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WIFUSDT | 0.2462 | 0.0100 | pay 0.0050% / 4h | 3h 51m | $17.3M | $29.3M | 50x |
| Short | Lighter WIF | 0.2463 | 0.0096 | get 0.0012% / 1h | 51m 13s | $143K | $351K | 10x |
Bybit WIFUSDT
Lighter WIFPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $4.06
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$37.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$44.84
- Spread needed to break even
- 0.488%
Slippage from Bybit: live order book, 4 min ago; Lighter: live order book, 41 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
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 Bybit live order book, 4 min ago | 2.05 bp | 11.2 bp −$11 | 27.7 bp −$277 | 195.8 bp −$19.6K | doesn't fit |
| Sell Lighter live order book, 41 min ago | 7.20 bp | 15.8 bp −$16 | 101.5 bp −$1,015 | doesn't fit | doesn't fit |
WIF price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.2442cheapestInjective0.2451+0.349%BingX0.2453+0.430%Popdex0.2456+0.553%Reya0.2457+0.577%Gate0.2457+0.594%SunX0.2457+0.594%Bitget0.2458+0.635%Aster0.2459+0.658%dYdX0.2459+0.676%Extended0.2460+0.698%GMX0.2460+0.715%Orderly0.2460+0.717%Deribit0.2460+0.717%gTrade (Gains Network)0.2460+0.719%Aevo0.2460+0.721%Hyperliquid0.2460+0.725%
Variational Omni
Injective
BingX
Popdex
Reya
Gate
SunX
Bitget
Aster
dYdX
Extended
GMX
Orderly
Deribit
gTrade (Gains Network)
Aevo
HyperliquidBybit0.2462+0.799%
KuCoin0.2462+0.799%Binance0.2462+0.807%Pacifica0.2463+0.821%
KuCoin
Binance
PacificaLighter0.2463+0.840%
MEXC0.2463+0.840%BloFin0.2463+0.840%OKX0.2465+0.922%Kraken Futures0.2465+0.939%Coinbase International0.2466+0.963%HTX0.2468+1.045%Backpack0.2469+1.094%ApeX Omni0.2473+1.249%SoDEX0.2477+1.393%
MEXC
BloFin
OKX
Kraken Futures
Coinbase International
HTX
Backpack
ApeX Omni
SoDEXWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni WIF | −0.793% | −0.0303% | 4h | $70K | $48K | — | as long as short |
| Injective WIF/USDC PERP | −0.447% | −0.0997% | 1h | $11K | $82K | 12x | as long as short |
| BingX WIF-USDC | −0.366% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Popdex WIFUSDT | −0.244% | +0.0096% | 1h | $54K | $475K | 20x | as long as short |
| Reya WIFRUSDPERP | −0.220% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Gate WIF_USDT | −0.203% | +0.0094% | 4h | $1.2M | $5.3M | 50x | as long as short |
| SunX WIF-USDT | −0.203% | +0.0100% | 4h | $2K | $2.6M | 50x | as long as short |
| Bitget WIFUSDT | −0.162% | +0.0100% | 4h | $9.3M | $8.1M | 50x | as long as short |
| Aster WIFUSDT | −0.140% | −0.0228% | 4h | $33K | $159K | 10x | as long as short |
| dYdX WIF-USD | −0.122% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended WIF-USD | −0.100% | +0.0016% | 1h | $12K | $150K | 25x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | −0.083% | L +0.0044% / S +0.0312% | 1h | $12K | — | 100x | as long as short |
| Orderly PERP_WIF_USDC | −0.081% | +0.0034% | 4h | $5K | $1.3M | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.081% | 0.0000% | 1h | $69K | $272K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | −0.080% | L +0.0002% / S −0.0002% | 1h | $4K | — | 150x | as long as short |
| Aevo WIF-PERP | −0.077% | +0.0088% | 1h | $82K | $85 | 3x | as long as short |
| Hyperliquid WIF | −0.073% | +0.0104% | 1h | $7.3M | $3.4M | 5x | as long as short |
| Bybit WIFUSDTlong | 0.000% | +0.0100% | 4h | $17.3M | $29.3M | 50x | |
| KuCoin WIFUSDTM | 0.000% | +0.0056% | 4h | $4.0M | $9.0M | 75x | as long as short |
| Binance WIFUSDT | +0.008% | +0.0015% | 4h | $18.1M | $74.1M | 75x | as long as short |
| Pacifica WIF | +0.022% | +0.0100% | 1h | $76K | $31K | 5x | as long as short |
| Lighter WIFshort | +0.041% | +0.0096% | 1h | $143K | $351K | 10x | |
| MEXC WIF_USDT | +0.041% | +0.0012% | 4h | $22.5M | $8.7M | 50x | as long as short |
| BloFin WIF-USDT | +0.041% | +0.0059% | 4h | $1.1M | $634K | 75x | as long as short |
| OKX WIF-USDT-SWAP | +0.122% | +0.0100% | 4h | $6.2M | $25.0M | 50x | as long as short |
| Kraken Futures PF_WIFUSD | +0.139% | −0.0317% | 1h | $644K | $1.4M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.162% | +0.0192% | 1h | $329K | $1.8M | 50x | as long as short |
| HTX WIF-USDT | +0.244% | +0.0100% | 4h | $176K | $683K | 75x | as long as short |
| Backpack WIF_USDC_PERP | +0.292% | −0.0602% | 1h | $81K | $223K | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.447% | +0.0072% | 1h | $50K | $600K | 25x | as long as short |
| SoDEX WIF-USD | +0.589% | +0.0100% | 1h | $564 | $5K | 5x | as long as short |