Spread before costs (cost unknown: a leg has no order-book sample)−0.124%
7d average—if it closes, per $10,000$12funding while held, a day+$2.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WIF/USD [WBTC.b-USDC] | 0.2345 | L +0.0012% / S +0.0225% | pay 0.0002% / 1h | 56m 58s | $4K | — | 100x |
| Short | Lighter WIF | 0.2342 | 0.0096 | get 0.0012% / 1h | 56m 58s | $129K | $424K | 10x |
GMX WIF/USD [WBTC.b-USDC]
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
- −$12.41
- Funding while held
- $2.51
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$21.9
- Spread needed to break even
- 0.120%
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 30 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0084%
- Per $10,000 a day
- +$2.51
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 30 min ago | 2.54 bp | 11.2 bp −$11 | 76.7 bp −$767 | doesn't fit | doesn't fit |
GMX: 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.
WIF price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.2331cheapestBinance0.2333+0.090%Gate0.2333+0.090%Bitget0.2333+0.090%BingX0.2333+0.090%Extended0.2333+0.097%OKX0.2334+0.133%MEXC0.2334+0.133%SunX0.2336+0.219%Aster0.2338+0.292%Backpack0.2339+0.352%KuCoin0.2340+0.390%SoDEX0.2340+0.390%
Bybit
Binance
Gate
Bitget
BingX
Extended
OKX
MEXC
SunX
Aster
Backpack
KuCoin
SoDEXLighter0.2342+0.463%
BloFin0.2342+0.476%Hyperliquid0.2343+0.506%Kraken Futures0.2343+0.512%Orderly0.2343+0.519%Pacifica0.2343+0.520%Aevo0.2343+0.532%Variational Omni0.2343+0.538%ApeX Omni0.2344+0.562%Deribit0.2344+0.562%dYdX0.2344+0.565%
BloFin
Hyperliquid
Kraken Futures
Orderly
Pacifica
Aevo
Variational Omni
ApeX Omni
Deribit
dYdXGMX0.2345+0.588%
Coinbase International0.2345+0.605%gTrade (Gains Network)0.2345+0.615%Popdex0.2346+0.648%Reya0.2347+0.696%HTX0.2352+0.905%Injective0.2451+5.153%
Coinbase International
gTrade (Gains Network)
Popdex
Reya
HTX
InjectiveWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit WIFUSDT | −0.585% | −0.0369% | 4h | $16.5M | $30.5M | 50x | as long as short |
| Binance WIFUSDT | −0.495% | +0.0100% | 4h | $17.3M | $82.6M | 75x | as long as short |
| Gate WIF_USDT | −0.495% | +0.0100% | 4h | $1.2M | $6.1M | 50x | as long as short |
| Bitget WIFUSDT | −0.495% | +0.0100% | 4h | $7.3M | $10.0M | 50x | as long as short |
| BingX WIF-USDT | −0.495% | +0.0100% | 4h | — | $62.2M | — | as long as short |
| Extended WIF-USD | −0.488% | +0.0104% | 1h | $12K | $150K | 25x | as long as short |
| OKX WIF-USDT-SWAP | −0.453% | +0.0100% | 4h | $6.0M | $26.1M | 50x | as long as short |
| MEXC WIF_USDT | −0.453% | +0.0100% | 4h | $20.9M | $9.3M | 50x | as long as short |
| SunX WIF-USDT | −0.367% | +0.0100% | 4h | $2K | $2.7M | 50x | as long as short |
| Aster WIFUSDT | −0.295% | −0.0291% | 4h | $23K | $205K | 10x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.235% | −0.0901% | 1h | $77K | $226K | 10x | as long as short |
| KuCoin WIFUSDTM | −0.197% | +0.0100% | 4h | $4.3M | $9.8M | 75x | as long as short |
| SoDEX WIF-USD | −0.197% | +0.0008% | 1h | $528 | $5K | 5x | as long as short |
| Lighter WIFshort | −0.124% | +0.0096% | 1h | $129K | $424K | 10x | |
| BloFin WIF-USDT | −0.111% | +0.0340% | 4h | $994K | $632K | 75x | as long as short |
| Hyperliquid WIF | −0.081% | +0.0100% | 1h | $7.0M | $3.3M | 5x | as long as short |
| Kraken Futures PF_WIFUSD | −0.076% | +0.0203% | 1h | $618K | $1.7M | 50x | as long as short |
| Orderly PERP_WIF_USDC | −0.069% | +0.0046% | 4h | $4K | $1.3M | 10x | as long as short |
| Pacifica WIF | −0.068% | +0.0100% | 1h | $72K | $38K | 5x | as long as short |
| Aevo WIF-PERP | −0.055% | +0.0104% | 1h | $78K | $85 | 3x | as long as short |
| Variational Omni WIF | −0.050% | −0.0237% | 4h | $67K | $48K | — | as long as short |
| ApeX Omni WIFUSDT | −0.026% | −0.0056% | 1h | $44K | $605K | 25x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.026% | −0.0176% | 1h | $45K | $289K | 25x | as long as short |
| dYdX WIF-USD | −0.023% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]long | 0.000% | L +0.0012% / S +0.0225% | 1h | $4K | — | 100x | |
| Coinbase International WIF-PERP-INTX | +0.017% | +0.0256% | 1h | $305K | $1.9M | 50x | as long as short |
| gTrade (Gains Network) WIF/USD | +0.026% | L +0.0002% / S −0.0002% | 1h | $18K | — | 150x | as long as short |
| Popdex WIFUSDT | +0.059% | +0.0096% | 1h | $52K | $479K | 20x | as long as short |
| Reya WIFRUSDPERP | +0.107% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| HTX WIF-USDT | +0.315% | +0.0100% | 4h | $167K | $644K | 75x | as long as short |
| Injective WIF/USDC PERP | +4.538% | +0.0033% | 1h | $11K | $62K | 12x | as long as short |