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
Funding, last 6 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 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WIF | 0.2496 | 0.0096 | pay 0.0012% / 1h | 10m 31s | $143K | $703K | 10x |
| Short | dYdX WIF-USD | 0.2494 | 0 | get 0.0000% / 1h | 10m 31s | $14K | $587 | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 25 min ago | 11.46 bp | 15.2 bp −$15 | 71.5 bp −$715 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERP | −0.0467% | 1h | 0.2462 | −1.354% | $10K | $11K | 12x | as long as short |
| BloFin WIF-USDT | −0.0140% | 4h | 0.2494 | −0.072% | $987K | $943K | 75x | as long as short |
| Backpack WIF_USDC_PERP | −0.0002% | 1h | 0.2491 | −0.176% | $74K | $297K | 10x | as long as short |
| dYdX WIF-USDshort | 0.0000% | 1h | 0.2494 | −0.091% | $14K | $587 | 10x | |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2481 | −0.607% | — | — | 150x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0022% / S +0.0190% | 1h | 0.2493 | −0.124% | $16K | — | 100x | as long as short |
| Lighter WIFlong | +0.0096% | 1h | 0.2496 | long leg | $143K | $703K | 10x | |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2498 | +0.088% | $54K | $571K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2500 | +0.172% | $8.7M | $6.4M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2498 | +0.080% | $30K | $352K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WIF | +0.0100% | 1h | 0.2495 | −0.031% | $79K | $70K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2499 | +0.113% | $19.0M | $144.4M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2498 | +0.096% | $16.8M | $47.6M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2497 | +0.048% | $5.6M | $42.2M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2496 | +0.008% | $1.2M | $9.2M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2498 | +0.088% | $22.6M | $12.3M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2497 | +0.048% | $4.4M | $16.6M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2498 | +0.088% | $7.5M | $15.8M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2496 | +0.008% | — | $27.2M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2490 | −0.231% | $73K | $193K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2481 | −0.594% | $274K | $2.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2480 | −0.633% | $45K | $634K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2492 | −0.152% | $5K | $1.0M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2488 | −0.313% | $2K | $3.1M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2492 | −0.168% | $569 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2483 | −0.513% | $147K | $928K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2496 | 0.000% | $10K | $157K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2492 | −0.172% | $83K | $85 | 3x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.0151% | 1h | 0.2493 | −0.112% | $33K | $274K | 25x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0342% | 1h | 0.2494 | −0.074% | $647K | $2.7M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0384% | 1h | 0.2493 | −0.112% | $329K | $3.2M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2491 | −0.209% | $0 | — | 15x | as long as short |
Lighter WIF
Injective WIF/USDC PERP
BloFin WIF-USDT
Backpack WIF_USDC_PERP
gTrade (Gains Network) WIF/USD
GMX WIF/USD [WBTC.b-USDC]
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDT
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Deribit WIF_USDC-PERPETUAL
Kraken Futures PF_WIFUSD
Coinbase International WIF-PERP-INTX