Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: dYdX against Lighter−0.091%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.091% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter WIF0.24960.0096pay 0.0012% / 1h10m 31s$143K$703K10x
ShortdYdX WIF-USD0.24940get 0.0000% / 1h10m 31s$14K$58710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$20.16
Price spread: −0.091% → 0.000%
−$9.11
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$39.27
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 25 min ago; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 25 min ago11.46 bp15.2 bp −$1571.5 bp −$715doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WIF/USDC PERP−0.0467%1h0.2462−1.354%$10K$11K12xas long as short
BloFin WIF-USDT−0.0140%4h0.2494−0.072%$987K$943K75xas long as short
Backpack WIF_USDC_PERP−0.0002%1h0.2491−0.176%$74K$297K10xas long as short
dYdX WIF-USDshort0.0000%1h0.2494−0.091%$14K$58710x
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2481−0.607%150xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0022% / S +0.0190%1h0.2493−0.124%$16K100xas long as short
Lighter WIFlong+0.0096%1h0.2496long leg$143K$703K10x
Popdex WIFUSDT+0.0096%1h0.2498+0.088%$54K$571K20xas long as short
Hyperliquid WIF+0.0100%1h0.2500+0.172%$8.7M$6.4M5xas long as short
Aster WIFUSDT+0.0100%4h0.2498+0.080%$30K$352K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WIF+0.0100%1h0.2495−0.031%$79K$70K5xas long as short
Binance WIFUSDT+0.0100%4h0.2499+0.113%$19.0M$144.4M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2498+0.096%$16.8M$47.6M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2497+0.048%$5.6M$42.2M50xas long as short
Gate WIF_USDT+0.0100%4h0.2496+0.008%$1.2M$9.2M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2498+0.088%$22.6M$12.3M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2497+0.048%$4.4M$16.6M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2498+0.088%$7.5M$15.8M50xas long as short
BingX WIF-USDT+0.0100%4h0.2496+0.008%$27.2Mas long as short
Variational Omni WIF+0.0100%4h0.2490−0.231%$73K$193Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2481−0.594%$274K$2.9M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2480−0.633%$45K$634K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2492−0.152%$5K$1.0M10xas long as short
SunX WIF-USDT+0.0100%4h0.2488−0.313%$2K$3.1M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2492−0.168%$569$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2483−0.513%$147K$928K75xas long as short
Extended WIF-USD+0.0104%1h0.24960.000%$10K$157K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2492−0.172%$83K$853xas long as short
Deribit WIF_USDC-PERPETUAL+0.0151%1h0.2493−0.112%$33K$274K25xas long as short
Kraken Futures PF_WIFUSD+0.0342%1h0.2494−0.074%$647K$2.7M50xas long as short
Coinbase International WIF-PERP-INTX+0.0384%1h0.2493−0.112%$329K$3.2M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2491−0.209%$015xas long as short