WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.010%

Price spread now: ApeX Omni against Lighter−0.213%78s7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$600.602% of the position

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 3 days (all we have)+0.516%+$52 · spread now −0.213%, 7d avg −0.035%

Together, before fees+0.509%+ Points / potential airdropLighter: Season 3 · farm board+$51 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: ApeX Omni is 0.178% cheaper against Lighter than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.035%. The two prices were read 78 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	Lighter WIF	0.2394	0.0096	pay 0.0012% / 1h	46m 07s	$133K	$546K	10x
Short	ApeX Omni WIFUSDT	0.2389	0.0100	get 0.0013% / 1h	46m 07s	$42K	$618K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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 LighterbpFee ApeX OmnibpOrdersPrice spread, now −0.213%Rate

Funding earned: $0.84
Price spread: −0.213% → −0.035%: −$17.77
Slippage, 4 orders: −$50.21
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$77.14
Costs to cover: 0.602%
Break-even: 649.8 days

Slippage from Lighter: live order book, 29 min ago; ApeX Omni: live order book, 37 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 Lighter live order book, 29 min ago	3.58 bp	9.1 bp −$9	50.7 bp −$507	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 37 min ago	10.50 bp	23.5 bp −$24	117.5 bp −$1,175	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	−0.0246%	1h	0.2393	−0.063%	$75K	$235K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0168%	1h	0.2393	−0.046%	$47K	$289K	25x	as long as short
KuCoin WIFUSDTM	−0.0106%	4h	0.2393	−0.046%	$4.3M	$11.3M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2387	−0.307%	$18K	$582	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2393	−0.062%	$15K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	+0.038%	$10K	$10K	12x	as long as short
Orderly PERP_WIF_USDC	+0.0091%	4h	0.2393	−0.046%	$5K	$1.3M	10x	as long as short
Aster WIFUSDT	+0.0095%	4h	0.2392	−0.092%	$25K	$255K	10x	as long as short
Lighter WIFlong	+0.0096%	1h	0.2394	long leg	$133K	$546K	10x
Popdex WIFUSDT	+0.0096%	1h	0.2391	−0.129%	$53K	$483K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WIF	+0.0100%	1h	0.2397	+0.127%	$7.4M	$4.0M	5x	as long as short
Pacifica WIF	+0.0100%	1h	0.2388	−0.269%	$76K	$49K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2393	−0.038%	$17.7M	$99.8M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2393	−0.046%	$16.7M	$34.8M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2396	+0.079%	$6.1M	$30.6M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2393	−0.046%	$1.2M	$6.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2393	−0.046%	$21.4M	$10.6M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2394	−0.004%	$7.3M	$11.6M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2391	−0.129%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2388	−0.242%	$68K	$65K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2388	−0.269%	$266K	$1.8M	10x	as long as short
ApeX Omni WIFUSDTshort	+0.0100%	1h	0.2389	−0.213%	$42K	$618K	25x
SunX WIF-USDT	+0.0100%	4h	0.2387	−0.297%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2394	−0.025%	$549	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2383	−0.464%	$165K	$717K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2393	−0.062%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2393	−0.044%	$80K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0190% / S −0.1029%	1h	0.2394	−0.021%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2396	+0.079%	$315K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2387	−0.297%	$965K	$700K	75x	as long as short
Kraken Futures PF_WIFUSD	+0.0378%	1h	0.2395	+0.029%	$629K	$2.1M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2391	−0.116%	$0	—	15x	as long as short