Funding you earn now, next payment 04:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.047%
Price spread now: Lighter against Injective+0.510%66s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.510% dearer against Injective than usual: you sell high and buy low: +$51 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective WIF/USDC PERP | 0.2470 | 0.0033 | pay 0.0004% / 1h | 18m 17s | $11K | $10K | 12x |
| Short | Lighter WIF | 0.2483 | 0.0096 | get 0.0012% / 1h | 18m 17s | $138K | $631K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $13.16
- Price spread: +0.510% → 0.000%
- $51.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $64.15
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 32 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 32 min ago | 3.22 bp | 10.8 bp −$11 | 59.4 bp −$594 | doesn't fit | doesn't fit |
Injective: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WIF-USDT | −0.0186% | 4h | 0.2486 | +0.648% | $997K | $830K | 75x | as long as short |
| Backpack WIF_USDC_PERP | −0.0145% | 1h | 0.2482 | +0.490% | $76K | $293K | 10x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2481 | +0.426% | $19K | $597 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2480 | +0.420% | $802 | — | 150x | as long as short |
| Injective WIF/USDC PERPlong | +0.0033% | 1h | 0.2470 | long leg | $11K | $10K | 12x | |
| Lighter WIFshort | +0.0096% | 1h | 0.2483 | +0.510% | $138K | $631K | 10x | |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2482 | +0.486% | $57K | $497K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2481 | +0.446% | $32K | $284K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2482 | +0.466% | $78K | $60K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2481 | +0.428% | $18.7M | $118.9M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WIFUSDT | +0.0100% | 4h | 0.2482 | +0.486% | $16.9M | $40.0M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2486 | +0.648% | $6.0M | $36.1M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2479 | +0.364% | $1.2M | $7.8M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2481 | +0.445% | $22.9M | $11.4M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2480 | +0.405% | $4.5M | $14.5M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2480 | +0.405% | $7.5M | $13.3M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2480 | +0.405% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2480 | +0.407% | $86K | $79K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2489 | +0.780% | $283K | $2.3M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2483 | +0.526% | $45K | $624K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2481 | +0.445% | $5K | $1.3M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2478 | +0.324% | $2K | $2.9M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2480 | +0.425% | $577 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2480 | +0.405% | $166K | $699K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2481 | +0.429% | $8K | $147K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2480 | +0.387% | $83K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0131% / S −0.0011% | 1h | 0.2480 | +0.409% | $8K | — | 100x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.0153% | 1h | 0.2481 | +0.445% | $45K | $256K | 25x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0261% | 1h | 0.2482 | +0.495% | $645K | $2.3M | 50x | as long as short |
| Hyperliquid WIF | +0.0294% | 1h | 0.2486 | +0.634% | $8.1M | $4.9M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0328% | 1h | 0.2485 | +0.607% | $326K | $2.7M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2480 | +0.407% | $0 | — | 15x | as long as short |
Injective WIF/USDC PERP
Lighter WIF
BloFin WIF-USDT
Backpack WIF_USDC_PERP
gTrade (Gains Network) WIF/USD
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
GMX WIF/USD [WBTC.b-USDC]
Deribit WIF_USDC-PERPETUAL
Kraken Futures PF_WIFUSD
Hyperliquid WIF
Coinbase International WIF-PERP-INTX