Funding you earn now, next payment 23:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.005%
Price spread now: Extended against Lighter−0.058%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$610.613% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.058%, 7d avg −0.060%
=Together, before fees−0.050%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$5 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WIF | 0.2429 | 0.0096 | pay 0.0012% / 1h | 7m 59s | $133K | $555K | 10x |
| Short | Extended WIF-USD | 0.2428 | 0.0104 | get 0.0013% / 1h | 7m 59s | $10K | $153K | 25x |
Lighter WIF
Extended WIF-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $1.68
- Price spread: −0.058% → −0.060%
- $0.22
- Slippage, 4 orders
- −$56.29
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$59.4
- Costs to cover
- 0.613%
- Break-even
- 254.5 days
Slippage from Lighter: live order book, 2 min ago; Extended: live order book, 8 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, 2 min ago | 3.30 bp | 13.2 bp −$13 | 56.2 bp −$562 | doesn't fit | doesn't fit |
| Sell Extended live order book, 8 min ago | 10.32 bp | 22.4 bp −$22 | 115.8 bp −$1,158 | 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 | −0.0293% | 1h | 0.2427 | −0.086% | $74K | $246K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0161% | 1h | 0.2430 | +0.045% | $48K | $289K | 25x | as long as short |
| KuCoin WIFUSDTM | −0.0030% | 4h | 0.2432 | +0.128% | $4.1M | $11.2M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2436 | +0.278% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2431 | +0.067% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −1.396% | $10K | $10K | 12x | as long as short |
| Orderly PERP_WIF_USDC | +0.0090% | 4h | 0.2430 | +0.045% | $5K | $1.3M | 10x | as long as short |
| Lighter WIFlong | +0.0096% | 1h | 0.2429 | long leg | $133K | $555K | 10x | |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2432 | +0.128% | $54K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2432 | +0.148% | $7.5M | $4.0M | 5x | as long as short |
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
KuCoin WIFUSDTM
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Orderly PERP_WIF_USDC
Popdex WIFUSDT
Hyperliquid WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2429 | +0.001% | $25K | $255K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2434 | +0.198% | $77K | $49K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2434 | +0.210% | $18.1M | $101.3M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2427 | −0.078% | $16.8M | $35.2M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2428 | −0.037% | $6.1M | $31.5M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2429 | +0.004% | $1.2M | $7.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2433 | +0.169% | $22.1M | $10.8M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2432 | +0.128% | $7.5M | $11.7M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2432 | +0.128% | — | $65.6M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2420 | −0.359% | $72K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2429 | +0.004% | $277K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2429 | +0.004% | $43K | $618K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2427 | −0.078% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2429 | −0.004% | $555 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2433 | +0.169% | $168K | $719K | 75x | as long as short |
| Extended WIF-USDshort | +0.0104% | 1h | 0.2428 | −0.058% | $10K | $153K | 25x | |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2429 | +0.004% | $81K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0236% / S −0.1353% | 1h | 0.2431 | +0.067% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2434 | +0.210% | $319K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2432 | +0.128% | $986K | $717K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0372% | 1h | 0.2431 | +0.089% | $635K | $2.1M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2430 | +0.032% | $0 | — | 15x | as long as short |
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDT
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Kraken Futures PF_WIFUSD
Reya WIFRUSDPERP