WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0462%/8h= −50.6% APRnext payment −$0.58 per $10,000 · paid last 24h −0.138%

Price spread now: Lighter against Reya+0.259%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Lighter

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.259% dearer against Reya than usual: you sell high and buy low (spread +0.259% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 45 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WIFRUSDPERP	0.2476	0.0558	pay 0.0070% / 1h	14m 34s	$0	—	15x
Short	Lighter WIF	0.2482	0.0096	get 0.0012% / 1h	14m 34s	$143K	$702K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Reya. 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

Position, each leg$Hold fordaysFee ReyabpFee LighterbpOrdersPrice spread, now +0.259%Rate

Funding earned: −$96.95
Price spread: +0.259% → 0.000%: $25.91
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$77.04
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Lighter: live order book, 21 min ago. Net counts fees only.

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 Reya no order-book sample	—	—	—	—	—
Sell Lighter live order book, 21 min ago	11.46 bp	11.9 bp −$12	54.7 bp −$547	doesn't fit	doesn't fit

Reya: 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 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	−0.0467%	1h	0.2462	−0.549%	$10K	$11K	12x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2477	+0.057%	$979K	$936K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0024%	1h	0.2479	+0.142%	$73K	$297K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2479	+0.138%	$13K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2480	+0.178%	$33K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2478	+0.109%	—	—	150x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0025% / S +0.0189%	1h	0.2478	+0.102%	$16K	—	100x	as long as short
Lighter WIFshort	+0.0096%	1h	0.2482	+0.259%	$143K	$702K	10x
Popdex WIFUSDT	+0.0096%	1h	0.2478	+0.098%	$53K	$571K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2481	+0.203%	$8.6M	$6.4M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2480	+0.175%	$30K	$352K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2481	+0.205%	$78K	$70K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2480	+0.164%	$18.9M	$144.2M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2478	+0.089%	$16.7M	$47.5M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2476	+0.017%	$5.5M	$41.7M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2479	+0.138%	$1.1M	$9.2M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2480	+0.178%	$22.4M	$12.2M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2480	+0.178%	$4.5M	$16.6M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2477	+0.057%	$7.5M	$15.8M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2479	+0.138%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2478	+0.100%	$73K	$193K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2473	−0.089%	$280K	$2.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2477	+0.057%	$45K	$633K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2479	+0.138%	$5K	$1.0M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2474	−0.064%	$2K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2480	+0.158%	$566	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2478	+0.098%	$147K	$921K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2478	+0.109%	$10K	$147K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2480	+0.158%	$83K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0344%	1h	0.2481	+0.230%	$643K	$2.7M	50x	as long as short
Coinbase International WIF-PERP-INTX	+0.0384%	1h	0.2481	+0.219%	$327K	$3.2M	50x	as long as short
Reya WIFRUSDPERPlong	+0.0558%	1h	0.2476	long leg	$0	—	15x