WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0332%/8h= −36.4% APRnext payment −$0.42 per $10,000 · paid last 24h −0.082%

Price spread now: Lighter against GMX−0.103%7-day average — · you buy dearer than you sell

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

Long on GMX 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 airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Lighter is 0.103% cheaper against GMX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WLFI/USD [ETH-USDC]	0.05715	L +0.0252% / S −0.0496%	pay 0.0032% / 1h	38m 23s	$3K	—	100x
Short	Lighter WLFI	0.05709	−0.0080	pay 0.0010% / 1h	38m 23s	$1.0M	$437K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. 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 GMXbpFee LighterbpOrdersPrice spread, now −0.103%Rate

Funding earned: −$69.76
Price spread: −0.103% → 0.000%: −$10.32
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$92.08
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 2 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 2 min ago	7.88 bp	7.9 bp −$8	14.3 bp −$143	doesn't fit	doesn't fit

GMX: 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.

WLFI 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
Lighter WLFIshort	−0.0080%	1h	0.05709	−0.103%	$1.0M	$437K	5x
Aster WLFIUSDT	−0.0059%	4h	0.05712	−0.043%	$1.6M	$575K	20x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0048%	1h	0.05737	+0.387%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05721	+0.106%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.785%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05717	+0.030%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	+0.019%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0080%	8h	0.05711	−0.069%	$2K	$118	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0100%	1h	0.05721	+0.107%	$519	$11K	10x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05712	−0.043%	$81K	$24K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05713	−0.026%	$10.4M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05713	−0.033%	$245K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05718	+0.048%	$137.6M	$40.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05709	−0.103%	$20.8M	$18.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05712	−0.051%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05720	+0.080%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05715	+0.002%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05716	+0.019%	$13.7M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05716	+0.019%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05714	−0.016%	$7.9M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05718	+0.054%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05716	+0.019%	$238K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05710	−0.078%	$446K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05722	+0.124%	$277K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05710	−0.086%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.089%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05719	+0.072%	$108	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05714	−0.023%	$133K	$486K	10x	as long as short
01 Exchange WLFIUSD	+0.0120%	1h	0.05719	+0.072%	$4K	$319	3x	as long as short
Kraken Futures PF_WLFIUSD	+0.0149%	1h	0.05721	+0.115%	$99K	$87K	20x	as long as short
GMX WLFI/USD [ETH-USDC]long	L +0.0252% / S −0.0496%	1h	0.05715	long leg	$3K	—	100x
BloFin WLFI-USDT	+0.0340%	4h	0.05718	+0.054%	$4.8M	$84K	75x	as long as short