Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.020%
Price spread now: KuCoin against Lighter−0.052%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$710.709% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.052%, 7d avg −0.042%
=Together, before fees−0.131%+ Points / potential airdropLighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WIF | 0.2482 | 0.0096 | pay 0.0012% / 1h | 51m 40s | $143K | $698K | 10x |
| Short | KuCoin WIFUSDTM | 0.2481 | 0.0100 | get 0.0050% / 4h | 51m 40s | $4.4M | $16.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0.84
- Price spread: −0.052% → −0.042%
- −$0.99
- Slippage, 4 orders
- −$58.9
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$71.05
- Costs to cover
- 0.709%
- Break-even
- 599.1 days
Slippage from Lighter: live order book, 44 min ago; KuCoin: live order book, 7 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, 44 min ago | 11.46 bp | 15.2 bp −$15 | 71.5 bp −$715 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 4.04 bp | 24.4 bp −$24 | 66.8 bp −$668 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERP | −0.0161% | 1h | 0.2462 | −0.818% | $10K | $11K | 12x | as long as short |
| BloFin WIF-USDT | −0.0140% | 4h | 0.2466 | −0.657% | $987K | $942K | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2474 | −0.354% | $13K | $587 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2477 | −0.197% | — | — | 150x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0009% / S +0.0237% | 1h | 0.2477 | −0.228% | $19K | — | 100x | as long as short |
| Lighter WIFlong | +0.0096% | 1h | 0.2482 | long leg | $143K | $698K | 10x | |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2475 | −0.294% | $54K | $573K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2483 | +0.016% | $8.7M | $6.8M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2479 | −0.131% | $30K | $351K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2479 | −0.124% | $78K | $70K | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WIFUSDT | +0.0100% | 4h | 0.2478 | −0.161% | $18.9M | $145.6M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2477 | −0.205% | $16.7M | $47.8M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2475 | −0.294% | $5.6M | $42.1M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2480 | −0.093% | $1.1M | $9.2M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2481 | −0.052% | $22.2M | $12.3M | 50x | as long as short |
| KuCoin WIFUSDTMshort | +0.0100% | 4h | 0.2481 | −0.052% | $4.4M | $16.8M | 75x | |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2481 | −0.052% | $7.5M | $15.8M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2478 | −0.173% | — | $27.1M | — | as long as short |
| Backpack WIF_USDC_PERP | +0.0100% | 1h | 0.2479 | −0.117% | $74K | $301K | 10x | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2469 | −0.534% | $73K | $193K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2482 | −0.019% | $275K | $2.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2475 | −0.294% | $45K | $635K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2477 | −0.214% | $6K | $1.1M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2466 | −0.657% | $1K | $3.1M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2478 | −0.153% | $566 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2476 | −0.254% | $154K | $948K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2482 | −0.018% | $12K | $181K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2479 | −0.150% | $83K | $85 | 3x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.0154% | 1h | 0.2479 | −0.133% | $33K | $272K | 25x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0352% | 1h | 0.2479 | −0.133% | $327K | $3.2M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2476 | −0.250% | $0 | — | 15x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0817% | 1h | 0.2480 | −0.084% | $645K | $2.7M | 50x | as long as short |
Lighter WIF
KuCoin WIFUSDTM
Injective WIF/USDC PERP
BloFin WIF-USDT
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
Bitget WIFUSDT
BingX WIF-USDT
Backpack WIF_USDC_PERP
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
Coinbase International WIF-PERP-INTX
Kraken Futures PF_WIFUSD