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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter WIF0.24820.0096pay 0.0012% / 1h51m 40s$143K$698K10x
ShortKuCoin WIFUSDTM0.24810.0100get 0.0050% / 4h51m 40s$4.4M$16.8M75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 44 min ago11.46 bp15.2 bp −$1571.5 bp −$715doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago4.04 bp24.4 bp −$2466.8 bp −$668doesn't fitdoesn't fit

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−0.0161%1h0.2462−0.818%$10K$11K12xas long as short
BloFin WIF-USDT−0.0140%4h0.2466−0.657%$987K$942K75xas long as short
dYdX WIF-USD0.0000%1h0.2474−0.354%$13K$58710xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2477−0.197%150xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0009% / S +0.0237%1h0.2477−0.228%$19K100xas long as short
Lighter WIFlong+0.0096%1h0.2482long leg$143K$698K10x
Popdex WIFUSDT+0.0096%1h0.2475−0.294%$54K$573K20xas long as short
Hyperliquid WIF+0.0100%1h0.2483+0.016%$8.7M$6.8M5xas long as short
Aster WIFUSDT+0.0100%4h0.2479−0.131%$30K$351K10xas long as short
Pacifica WIF+0.0100%1h0.2479−0.124%$78K$70K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WIFUSDT+0.0100%4h0.2478−0.161%$18.9M$145.6M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2477−0.205%$16.7M$47.8M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2475−0.294%$5.6M$42.1M50xas long as short
Gate WIF_USDT+0.0100%4h0.2480−0.093%$1.1M$9.2M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2481−0.052%$22.2M$12.3M50xas long as short
KuCoin WIFUSDTMshort+0.0100%4h0.2481−0.052%$4.4M$16.8M75x
Bitget WIFUSDT+0.0100%4h0.2481−0.052%$7.5M$15.8M50xas long as short
BingX WIF-USDT+0.0100%4h0.2478−0.173%$27.1Mas long as short
Backpack WIF_USDC_PERP+0.0100%1h0.2479−0.117%$74K$301K10xas long as short
Variational Omni WIF+0.0100%4h0.2469−0.534%$73K$193Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2482−0.019%$275K$2.9M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2475−0.294%$45K$635K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2477−0.214%$6K$1.1M10xas long as short
SunX WIF-USDT+0.0100%4h0.2466−0.657%$1K$3.1M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2478−0.153%$566$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2476−0.254%$154K$948K75xas long as short
Extended WIF-USD+0.0104%1h0.2482−0.018%$12K$181K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2479−0.150%$83K$853xas long as short
Deribit WIF_USDC-PERPETUAL+0.0154%1h0.2479−0.133%$33K$272K25xas long as short
Coinbase International WIF-PERP-INTX+0.0352%1h0.2479−0.133%$327K$3.2M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2476−0.250%$015xas long as short
Kraken Futures PF_WIFUSD+0.0817%1h0.2480−0.084%$645K$2.7M50xas long as short