After costs, if the gap returns to its 7d average, $10k−$43
spread now−0.035%7d average−0.008%fees + slippage, in and out−$41spread needed0.408%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WLFI_USDC_PERP | 0.05708 | −0.0179 | get 0.0022% / 1h | 17m 44s | $236K | $28K | 10x |
| Short | Lighter WLFI | 0.05706 | −0.0248 | pay 0.0031% / 1h | 17m 44s | $940K | $313K | 5x |
Backpack WLFI_USDC_PERP
Lighter WLFIPrice 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
- −$3.5
- Funding while held
- −$2.07
- Slippage, 4 orders
- −$30.83
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$46.4
- Spread needed to break even
- 0.408%
Slippage from Backpack: live order book, 27 min ago; Lighter: live order book, 24 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0069%
- Per $10,000 a day
- −$2.07
- 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 Backpack live order book, 27 min ago | 0.88 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 24 min ago | 4.38 bp | 6.5 bp −$7 | 21.4 bp −$214 | doesn't fit | doesn't fit |
WLFI price on every exchange
against the cheapest. Click to use as the short leg.OKX0.05678cheapestBitget0.05688+0.176%Arcus0.05688+0.185%ApeX Omni0.05690+0.211%Variational Omni0.05699+0.365%Nado0.05699+0.379%01 Exchange0.05700+0.387%Paradex0.05704+0.454%SoDEX0.05704+0.458%Bybit0.05705+0.476%BingX0.05705+0.476%
OKX
Bitget
Arcus
ApeX Omni
Variational Omni
Nado
Paradex
SoDEX
Bybit
BingXLighter0.05706+0.493%
gTrade (Gains Network)0.05707+0.504%GMX0.05707+0.514%Hyperliquid0.05708+0.520%Extended0.05708+0.520%Gate0.05708+0.528%KuCoin0.05708+0.528%
gTrade (Gains Network)
GMX
Hyperliquid
Extended
Gate
KuCoinBackpack0.05708+0.528%
Kraken Futures0.05708+0.534%MEXC0.05709+0.546%Deribit0.05709+0.546%Aster0.05710+0.564%Pacifica0.05710+0.564%SunX0.05710+0.564%dYdX0.05711+0.579%BloFin0.05711+0.581%Binance0.05713+0.609%Coinbase International0.05738+1.057%Injective0.05809+2.307%
Kraken Futures
MEXC
Deribit
Aster
Pacifica
SunX
dYdX
BloFin
Binance
Coinbase International
InjectiveReya0.06044+6.452%
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX WLFI-USDT-SWAP | −0.526% | +0.0100% | 4h | $7.6M | $11.0M | 50x | as long as short |
| Bitget WLFIUSDT | −0.350% | +0.0100% | 4h | $7.9M | $3.0M | 75x | as long as short |
| Arcus WLFI-USD | −0.342% | +0.0100% | 1h | $1K | $70 | 5x | as long as short |
| ApeX Omni WLFIUSDT | −0.315% | +0.0100% | 1h | $32K | $42K | 50x | as long as short |
| Variational Omni WLFI | −0.163% | +0.0037% | 4h | $449K | $23K | — | as long as short |
| Nado WLFI-PERP | −0.149% | +0.0100% | 1h | $81K | $28K | 5x | as long as short |
| 01 Exchange WLFIUSD | −0.140% | +0.0064% | 1h | $4K | $208 | 3x | as long as short |
| Paradex WLFI-USD-PERP | −0.074% | −0.0011% | 8h | $2K | $108 | 5x | as long as short |
| SoDEX WLFI-USD | −0.070% | +0.0100% | 1h | $92 | $6K | 5x | as long as short |
| Bybit WLFIUSDT | −0.053% | −0.0163% | 4h | $20.4M | $15.3M | 75x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX WLFI-USDT | −0.053% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Lighter WLFIshort | −0.035% | −0.0248% | 1h | $940K | $313K | 5x | |
| gTrade (Gains Network) WLFI/USD | −0.024% | L +0.0005% / S −0.0007% | 1h | $1K | — | 150x | as long as short |
| GMX WLFI/USD [ETH-USDC] | −0.014% | L +0.0181% / S −0.1658% | 1h | $218 | — | 100x | as long as short |
| Hyperliquid WLFI | −0.009% | +0.0007% | 1h | $10.4M | $1.0M | 5x | as long as short |
| Extended WLFI-USD | −0.008% | +0.0104% | 1h | $131K | $490K | 10x | as long as short |
| Gate WLFI_USDT | 0.000% | +0.0100% | 4h | $3.4M | $2.6M | 75x | as long as short |
| KuCoin WLFIUSDTM | 0.000% | +0.0100% | 4h | $3.1M | $841K | 75x | as long as short |
| Backpack WLFI_USDC_PERPlong | 0.000% | −0.0179% | 1h | $236K | $28K | 10x | |
| Kraken Futures PF_WLFIUSD | +0.006% | −0.0357% | 1h | $68K | $87K | 20x | as long as short |
| MEXC WLFI_USDT | +0.018% | +0.0100% | 4h | $12.9M | $19.4M | 100x | as long as short |
| Deribit WLFI_USDC-PERPETUAL | +0.018% | 0.0000% | 1h | $9K | $624 | 10x | as long as short |
| Aster WLFIUSDT | +0.035% | −0.0240% | 4h | $1.6M | $548K | 20x | as long as short |
| Pacifica WLFI | +0.035% | +0.0100% | 1h | $243K | $8K | 5x | as long as short |
| SunX WLFI-USDT | +0.035% | +0.0100% | 4h | $38K | $1.6M | 20x | as long as short |
| dYdX WLFI-USD | +0.051% | 0.0000% | 1h | $11K | $970 | 5x | as long as short |
| BloFin WLFI-USDT | +0.053% | +0.0103% | 4h | $4.8M | $56K | 75x | as long as short |
| Binance WLFIUSDT | +0.080% | +0.0100% | 4h | $136.3M | $35.6M | 75x | as long as short |
| Coinbase International WLFI-PERP-INTX | +0.526% | +0.0408% | 1h | $33K | $17K | 50x | as long as short |
| Injective WLFI/USDC PERP | +1.769% | +0.0033% | 1h | $6K | $49K | 5.5x | as long as short |
| Reya WLFIRUSDPERP | +5.892% | 0.0000% | 1h | — | — | — | as long as short |