After costs, if the gap returns to its 7d average, $10k−$56
spread now−0.304%7d average−0.092%fees + slippage, in and out−$35spread needed0.352%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WIF | 0.2306 | 0.0096 | pay 0.0012% / 1h | 21m 51s | $132K | $399K | 10x |
| Short | Backpack WIF_USDC_PERP | 0.2299 | −0.0422 | pay 0.0053% / 1h | 21m 51s | $76K | $224K | 10x |
Lighter WIF
Backpack WIF_USDC_PERPPrice 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
- −$30.35
- Funding while held
- −$15.55
- Slippage, 4 orders
- −$25.21
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$81.11
- Spread needed to break even
- 0.352%
Slippage from Lighter: live order book, 5 min ago; Backpack: live order book, 39 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0518%
- Per $10,000 a day
- −$15.55
- 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 Lighter live order book, 5 min ago | 2.54 bp | 5.7 bp −$6 | 53.8 bp −$538 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 39 min ago | 0.20 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
WIF price on every exchange
against the cheapest. Click to use as the short leg.SunX0.2296cheapestDeribit0.2298+0.087%Reya0.2299+0.124%Popdex0.2299+0.131%
SunX
Deribit
Reya
PopdexBackpack0.2299+0.144%
Aevo0.2300+0.165%Orderly0.2300+0.174%gTrade (Gains Network)0.2300+0.178%GMX0.2300+0.194%SoDEX0.2303+0.327%HTX0.2304+0.348%Aster0.2306+0.436%
Aevo
Orderly
gTrade (Gains Network)
GMX
SoDEX
HTX
AsterLighter0.2306+0.449%
Kraken Futures0.2306+0.457%Coinbase International0.2307+0.479%Extended0.2308+0.525%Hyperliquid0.2308+0.531%KuCoin0.2310+0.610%BingX0.2310+0.610%Bybit0.2313+0.736%OKX0.2314+0.784%Binance0.2315+0.823%MEXC0.2315+0.828%Gate0.2316+0.871%Bitget0.2317+0.915%dYdX0.2328+1.397%Pacifica0.2329+1.441%BloFin0.2338+1.829%ApeX Omni0.2348+2.265%Variational Omni0.2352+2.441%
Kraken Futures
Coinbase International
Extended
Hyperliquid
KuCoin
BingX
Bybit
OKX
Binance
MEXC
Gate
Bitget
dYdX
Pacifica
BloFin
ApeX Omni
Variational OmniInjective0.2451+6.751%
InjectiveWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX WIF-USDT | −0.447% | +0.0100% | 4h | $2K | $2.6M | 50x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.360% | −0.0620% | 1h | $44K | $291K | 25x | as long as short |
| Reya WIFRUSDPERP | −0.323% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Popdex WIFUSDT | −0.317% | +0.0096% | 1h | $50K | $477K | 20x | as long as short |
| Backpack WIF_USDC_PERPshort | −0.304% | −0.0422% | 1h | $76K | $224K | 10x | |
| Aevo WIF-PERP | −0.283% | +0.0096% | 1h | $77K | $85 | 3x | as long as short |
| Orderly PERP_WIF_USDC | −0.273% | +0.0041% | 4h | $4K | $1.3M | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | −0.269% | L +0.0002% / S −0.0002% | 1h | $17K | — | 150x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | −0.253% | L +0.0249% / S +0.0270% | 1h | $15K | — | 100x | as long as short |
| SoDEX WIF-USD | −0.121% | +0.0100% | 1h | $524 | $5K | 5x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX WIF-USDT | −0.100% | +0.0100% | 4h | $166K | $649K | 75x | as long as short |
| Aster WIFUSDT | −0.013% | −0.0307% | 4h | $22K | $195K | 10x | as long as short |
| Lighter WIFlong | 0.000% | +0.0096% | 1h | $132K | $399K | 10x | |
| Kraken Futures PF_WIFUSD | +0.008% | −0.0339% | 1h | $625K | $1.5M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.030% | +0.0192% | 1h | $313K | $1.8M | 50x | as long as short |
| Extended WIF-USD | +0.076% | +0.0064% | 1h | $12K | $150K | 25x | as long as short |
| Hyperliquid WIF | +0.082% | +0.0258% | 1h | $6.8M | $3.1M | 5x | as long as short |
| KuCoin WIFUSDTM | +0.160% | +0.0086% | 4h | $3.9M | $9.3M | 75x | as long as short |
| BingX WIF-USDC | +0.160% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Bybit WIFUSDT | +0.286% | +0.0100% | 4h | $16.7M | $30.0M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.334% | +0.0100% | 4h | $6.0M | $25.1M | 50x | as long as short |
| Binance WIFUSDT | +0.373% | +0.0066% | 4h | $17.2M | $79.4M | 75x | as long as short |
| MEXC WIF_USDT | +0.377% | +0.0066% | 4h | $20.8M | $9.4M | 50x | as long as short |
| Gate WIF_USDT | +0.421% | +0.0100% | 4h | $1.3M | $5.8M | 50x | as long as short |
| Bitget WIFUSDT | +0.464% | +0.0100% | 4h | $7.6M | $9.6M | 50x | as long as short |
| dYdX WIF-USD | +0.944% | 0.0000% | 1h | $17K | $582 | 10x | as long as short |
| Pacifica WIF | +0.988% | +0.0100% | 1h | $72K | $34K | 5x | as long as short |
| BloFin WIF-USDT | +1.374% | +0.0265% | 4h | $1.0M | $614K | 75x | as long as short |
| ApeX Omni WIFUSDT | +1.808% | −0.0173% | 1h | $47K | $604K | 25x | as long as short |
| Variational Omni WIF | +1.983% | −0.0122% | 4h | $67K | $49K | — | as long as short |
| Injective WIF/USDC PERP | +6.274% | −0.0997% | 1h | $11K | $82K | 12x | as long as short |