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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Lighter−0.035%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 3 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 gTrade (Gains Network) is 0.035% cheaper against Lighter than usual: you would sell low and buy high (−$4 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 WIF0.24700.0096pay 0.0012% / 1h17m 59s$139K$626K10x
ShortgTrade (Gains Network) WIF/USD0.2469L +0.0002% / S +0.0001%pay 0.0000% / 1h17m 59s$798150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.28
Price spread: −0.035% → 0.000%
−$3.52
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$33.8
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 42 min ago; gTrade (Gains Network): 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, 42 min ago6.36 bp14.9 bp −$1590.0 bp −$900doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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 31 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−0.0783%1h0.2470−0.008%$11K$10K12xas long as short
Kraken Futures PF_WIFUSD−0.0074%1h0.2469−0.044%$641K$2.3M50xas long as short
Gate WIF_USDT−0.0016%4h0.2462−0.332%$1.2M$7.5M50xas long as short
Backpack WIF_USDC_PERP−0.0010%1h0.2460−0.409%$80K$273K10xas long as short
dYdX WIF-USD0.0000%1h0.2478+0.298%$19K$58910xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2468−0.089%$48K$266K25xas long as short
gTrade (Gains Network) WIF/USDshortL +0.0002% / S +0.0001%1h0.2469−0.035%$798150x
KuCoin WIFUSDTM+0.0066%4h0.2468−0.089%$4.4M$13.1M75xas long as short
Lighter WIFlong+0.0096%1h0.2470long leg$139K$626K10x
Popdex WIFUSDT+0.0096%1h0.2467−0.130%$57K$497K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_WIF_USDC+0.0100%4h0.2469−0.049%$5K$1.3M10xas long as short
Aster WIFUSDT+0.0100%4h0.2469−0.030%$35K$278K10xas long as short
Pacifica WIF+0.0100%1h0.2480+0.387%$77K$54K5xas long as short
Binance WIFUSDT+0.0100%4h0.2461−0.372%$18.8M$112.9M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2459−0.453%$16.9M$38.3M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2460−0.413%$5.8M$34.6M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2463−0.291%$22.0M$11.1M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2460−0.413%$7.5M$12.5M50xas long as short
BingX WIF-USDT+0.0100%4h0.2464−0.251%$65.9Mas long as short
Variational Omni WIF+0.0100%4h0.2475+0.196%$75K$70Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2480+0.397%$280K$2.0M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2477+0.275%$43K$628K25xas long as short
SunX WIF-USDT+0.0100%4h0.2465−0.211%$1K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2469−0.049%$565$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2470−0.008%$166K$732K75xas long as short
Extended WIF-USD+0.0104%1h0.2459−0.440%$8K$158K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2468−0.079%$82K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0170% / S −0.0037%1h0.2469−0.064%$8K100xas long as short
Hyperliquid WIF+0.0216%1h0.2465−0.194%$8.0M$4.7M5xas long as short
Coinbase International WIF-PERP-INTX+0.0304%1h0.2469−0.049%$324K$2.5M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2465−0.219%$015xas long as short