Funding you earn now, next payment 23:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.005%
Price spread now: Lighter against Extended+0.103%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$610.613% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.103%, 7d avg +0.060%
=Together, before fees+0.004%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board$0 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 0.043% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended WIF-USD | 0.2436 | 0.0104 | pay 0.0013% / 1h | 7m 07s | $10K | $153K | 25x |
| Short | Lighter WIF | 0.2438 | 0.0096 | get 0.0012% / 1h | 7m 07s | $133K | $555K | 10x |
Extended WIF-USD
Lighter WIFFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$1.68
- Price spread: +0.103% → +0.060%
- $4.29
- Slippage, 4 orders
- −$56.29
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$58.68
- Costs to cover
- 0.613%
- Break-even
- never at this rate
Slippage from Extended: live order book, 9 min ago; Lighter: live order book, 3 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 Extended live order book, 9 min ago | 10.32 bp | 22.3 bp −$22 | 115.9 bp −$1,159 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 3.30 bp | 3.3 bp −$3 | 55.2 bp −$552 | doesn't fit | doesn't fit |
WIF 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0294% | 1h | 0.2437 | +0.066% | $75K | $246K | 10x | as long as short |
| KuCoin WIFUSDTM | −0.0028% | 4h | 0.2436 | +0.021% | $4.1M | $11.2M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2435 | −0.035% | $18K | $582 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2437 | +0.062% | $48K | $289K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2437 | +0.041% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −1.663% | $10K | $10K | 12x | as long as short |
| Orderly PERP_WIF_USDC | +0.0090% | 4h | 0.2437 | +0.062% | $5K | $1.3M | 10x | as long as short |
| Lighter WIFshort | +0.0096% | 1h | 0.2438 | +0.103% | $133K | $555K | 10x | |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2438 | +0.103% | $54K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2442 | +0.255% | $7.6M | $4.0M | 5x | as long as short |
Backpack WIF_USDC_PERP
KuCoin WIFUSDTM
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Orderly PERP_WIF_USDC
Popdex WIFUSDT
Hyperliquid WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2438 | +0.101% | $25K | $255K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2434 | −0.041% | $77K | $49K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2440 | +0.180% | $18.1M | $101.3M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2439 | +0.144% | $16.9M | $35.3M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2440 | +0.185% | $6.1M | $31.7M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2438 | +0.103% | $1.2M | $7.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2438 | +0.103% | $22.2M | $10.8M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2441 | +0.226% | $7.5M | $11.7M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2438 | +0.103% | — | $65.6M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2420 | −0.629% | $72K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2433 | −0.114% | $277K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2433 | −0.103% | $43K | $619K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2433 | −0.103% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2437 | +0.045% | $559 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2435 | −0.021% | $169K | $719K | 75x | as long as short |
| Extended WIF-USDlong | +0.0104% | 1h | 0.2436 | long leg | $10K | $153K | 25x | |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2436 | +0.033% | $81K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0237% / S −0.1355% | 1h | 0.2437 | +0.054% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2440 | +0.185% | $320K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2437 | +0.062% | $982K | $718K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0371% | 1h | 0.2439 | +0.153% | $637K | $2.1M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2437 | +0.069% | $0 | — | 15x | as long as short |
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDT
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Kraken Futures PF_WIFUSD
Reya WIFRUSDPERP