Spread before costs (cost unknown: a leg has no order-book sample)−0.111%
7d average—if it closes, per $10,000$11funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WIF | 0.2443 | 0.0096 | pay 0.0012% / 1h | 29m 03s | $143K | $464K | 10x |
| Short | Pacifica WIF | 0.2441 | 0.0100 | get 0.0013% / 1h | 29m 03s | $75K | $43K | 5x |
Lighter WIF
Pacifica WIFPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$11.05
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$18.93
- Spread needed to break even
- 0.080%
Slippage unknown: Lighter: live order book, 53 min ago; Pacifica: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- Average in range /8h
- —
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, 53 min ago | 3.14 bp | 6.5 bp −$6 | 63.0 bp −$630 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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 price on every exchange
against the cheapest. Click to use as the short leg.HTX0.2437cheapestVariational Omni0.2438+0.046%Popdex0.2439+0.082%dYdX0.2440+0.126%
HTX
Variational Omni
Popdex
dYdXPacifica0.2441+0.148%
KuCoin0.2441+0.164%Backpack0.2441+0.181%Bybit0.2442+0.205%Gate0.2442+0.205%BingX0.2442+0.205%SunX0.2442+0.205%Extended0.2442+0.221%MEXC0.2443+0.246%Bitget0.2443+0.246%SoDEX0.2443+0.246%
KuCoin
Backpack
Bybit
Gate
BingX
SunX
Extended
MEXC
Bitget
SoDEXLighter0.2443+0.259%
Binance0.2444+0.287%OKX0.2444+0.287%Aster0.2444+0.305%Aevo0.2445+0.328%Injective0.2445+0.328%Coinbase International0.2445+0.328%BloFin0.2445+0.328%Reya0.2446+0.353%Hyperliquid0.2446+0.365%ApeX Omni0.2446+0.369%Orderly0.2446+0.369%Deribit0.2446+0.369%Kraken Futures0.2446+0.385%GMX0.2446+0.388%gTrade (Gains Network)0.2447+0.410%
Binance
OKX
Aster
Aevo
Injective
Coinbase International
BloFin
Reya
Hyperliquid
ApeX Omni
Orderly
Deribit
Kraken Futures
GMX
gTrade (Gains Network)WIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX WIF-USDT | −0.258% | +0.0100% | 4h | $171K | $694K | 75x | as long as short |
| Variational Omni WIF | −0.212% | −0.0316% | 4h | $69K | $47K | — | as long as short |
| Popdex WIFUSDT | −0.176% | +0.0096% | 1h | $54K | $482K | 20x | as long as short |
| dYdX WIF-USD | −0.132% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |
| Pacifica WIFshort | −0.111% | +0.0100% | 1h | $75K | $43K | 5x | |
| KuCoin WIFUSDTM | −0.094% | +0.0100% | 4h | $4.3M | $10.4M | 75x | as long as short |
| Backpack WIF_USDC_PERP | −0.078% | −0.0387% | 1h | $74K | $233K | 10x | as long as short |
| Bybit WIFUSDT | −0.053% | −0.0259% | 4h | $17.1M | $32.3M | 50x | as long as short |
| Gate WIF_USDT | −0.053% | −0.0040% | 4h | $1.2M | $6.6M | 50x | as long as short |
| BingX WIF-USDT | −0.053% | +0.0100% | 4h | — | $64.3M | — | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX WIF-USDT | −0.053% | +0.0100% | 4h | $2K | $2.7M | 50x | as long as short |
| Extended WIF-USD | −0.037% | +0.0104% | 1h | $12K | $148K | 25x | as long as short |
| MEXC WIF_USDT | −0.012% | +0.0100% | 4h | $22.6M | $10.2M | 50x | as long as short |
| Bitget WIFUSDT | −0.012% | +0.0100% | 4h | $7.5M | $10.8M | 50x | as long as short |
| SoDEX WIF-USD | −0.012% | +0.0100% | 1h | $549 | $5K | 5x | as long as short |
| Lighter WIFlong | 0.000% | +0.0096% | 1h | $143K | $464K | 10x | |
| Binance WIFUSDT | +0.029% | +0.0100% | 4h | $18.7M | $90.4M | 75x | as long as short |
| OKX WIF-USDT-SWAP | +0.029% | +0.0100% | 4h | $6.2M | $28.9M | 50x | as long as short |
| Aster WIFUSDT | +0.046% | −0.0062% | 4h | $20K | $235K | 10x | as long as short |
| Aevo WIF-PERP | +0.070% | +0.0104% | 1h | $82K | $85 | 3x | as long as short |
| Injective WIF/USDC PERP | +0.070% | +0.1452% | 1h | $11K | $59K | 12x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.070% | +0.0288% | 1h | $318K | $2.2M | 50x | as long as short |
| BloFin WIF-USDT | +0.070% | +0.0340% | 4h | $1.0M | $679K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.094% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Hyperliquid WIF | +0.106% | +0.0100% | 1h | $7.2M | $3.4M | 5x | as long as short |
| ApeX Omni WIFUSDT | +0.111% | +0.0100% | 1h | $46K | $608K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.111% | +0.0077% | 4h | $5K | $1.3M | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.111% | 0.0000% | 1h | $47K | $290K | 25x | as long as short |
| Kraken Futures PF_WIFUSD | +0.127% | +0.0342% | 1h | $646K | $1.9M | 50x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | +0.129% | L +0.0040% / S +0.0043% | 1h | $4K | — | 100x | as long as short |
| gTrade (Gains Network) WIF/USD | +0.151% | L +0.0002% / S −0.0002% | 1h | $4K | — | 150x | as long as short |