After costs, if the gap returns to its 7d average, $10k−$29
spread now+0.123%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 | Lighter WLFI | 0.05701 | −0.0248 | get 0.0031% / 1h | 17m 50s | $939K | $313K | 5x |
| Short | Backpack WLFI_USDC_PERP | 0.05708 | −0.0179 | pay 0.0022% / 1h | 17m 50s | $236K | $28K | 10x |
Lighter WLFI
Backpack WLFI_USDC_PERPPrice 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
- $12.28
- Funding while held
- $2.07
- Slippage, 4 orders
- −$30.83
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$26.49
- Spread needed to break even
- 0.408%
Slippage from Lighter: live order book, 24 min ago; Backpack: live order book, 27 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 Lighter live order book, 24 min ago | 4.38 bp | 6.1 bp −$6 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 27 min ago | 0.88 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
WLFI price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.05690cheapestVariational Omni0.05699+0.153%Nado0.05699+0.167%01 Exchange0.05700+0.176%
ApeX Omni
Variational Omni
NadoLighter0.05701+0.193%
SoDEX0.05704+0.246%Hyperliquid0.05705+0.264%BingX0.05705+0.264%Bybit0.05706+0.281%OKX0.05706+0.281%gTrade (Gains Network)0.05707+0.292%GMX0.05707+0.302%Extended0.05708+0.308%Gate0.05708+0.316%KuCoin0.05708+0.316%
SoDEX
Hyperliquid
BingX
Bybit
OKX
gTrade (Gains Network)
GMX
Extended
Gate
KuCoinBackpack0.05708+0.316%
Kraken Futures0.05708+0.322%Deribit0.05709+0.334%Aster0.05710+0.351%MEXC0.05710+0.351%Bitget0.05710+0.351%SunX0.05710+0.351%BloFin0.05711+0.369%dYdX0.05714+0.424%Pacifica0.05714+0.427%Binance0.05714+0.427%Arcus0.05721+0.541%Paradex0.05721+0.544%Coinbase International0.05738+0.844%Injective0.05809+2.091%
Kraken Futures
Deribit
Aster
MEXC
Bitget
SunX
BloFin
dYdX
Pacifica
Binance
Arcus
Paradex
Coinbase International
InjectiveReya0.06044+6.227%
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni WLFIUSDT | −0.193% | +0.0100% | 1h | $32K | $42K | 50x | as long as short |
| Variational Omni WLFI | −0.040% | +0.0037% | 4h | $449K | $23K | — | as long as short |
| Nado WLFI-PERP | −0.026% | +0.0100% | 1h | $81K | $28K | 5x | as long as short |
| 01 Exchange WLFIUSD | −0.018% | +0.0064% | 1h | $4K | $208 | 3x | as long as short |
| Lighter WLFIlong | 0.000% | −0.0248% | 1h | $939K | $313K | 5x | |
| SoDEX WLFI-USD | +0.053% | +0.0100% | 1h | $92 | $6K | 5x | as long as short |
| Hyperliquid WLFI | +0.070% | +0.0010% | 1h | $10.4M | $1.0M | 5x | as long as short |
| BingX WLFI-USDT | +0.070% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Bybit WLFIUSDT | +0.088% | −0.0163% | 4h | $20.4M | $15.2M | 75x | as long as short |
| OKX WLFI-USDT-SWAP | +0.088% | +0.0100% | 4h | $7.6M | $11.0M | 50x | as long as short |