WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.047%

Price spread now: Extended against Lighter−0.045%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$550.548% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.108%+$11 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.045%, 7d avg −0.024%

Together, before fees+0.117%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.020% cheaper against Lighter than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WLFI	0.05763	0.0096	pay 0.0012% / 1h	36m 31s	$1.0M	$467K	5x
Short	Extended WLFI-USD	0.05760	0.0104	get 0.0013% / 1h	36m 31s	$174K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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 LighterbpFee ExtendedbpOrdersPrice spread, now −0.045%Rate

Funding earned: $1.68
Price spread: −0.045% → −0.024%: −$2.04
Slippage, 4 orders: −$49.81
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$55.17
Costs to cover: 0.548%
Break-even: 236.9 days

Slippage from Lighter: live order book, 4 min ago; Extended: live order book, 2 min ago.

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, 4 min ago	7.80 bp	9.0 bp −$9	28.5 bp −$285	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	2.60 bp	17.8 bp −$18	117.6 bp −$1,176	doesn't fit	doesn't fit

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
Coinbase International WLFI-PERP-INTX	−0.0328%	1h	0.05732	−0.538%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.903%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05770	+0.130%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.816%	$6K	$77K	5.5x	as long as short
BloFin WLFI-USDT	+0.0054%	4h	0.05775	+0.208%	$4.8M	$91K	75x	as long as short
Lighter WLFIlong	+0.0096%	1h	0.05763	long leg	$1.0M	$467K	5x
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05763	+0.002%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05762	−0.009%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05767	+0.061%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05765	+0.032%	$1.6M	$533K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05766	+0.049%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05766	+0.061%	$139.2M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05759	−0.069%	$21.0M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05764	+0.017%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05765	+0.040%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05767	+0.069%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05764	+0.017%	$13.6M	$19.8M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05770	+0.121%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05761	−0.035%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05763	0.000%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05772	+0.156%	$234K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05770	+0.128%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05783	+0.352%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	+0.295%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.295%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05773	+0.174%	$83	$5K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05760	−0.045%	$174K	$1.0M	10x
dYdX WLFI-USD	+0.0113%	1h	0.05770	+0.121%	$11K	$943	5x	as long as short
01 Exchange WLFIUSD	+0.0288%	1h	0.05767	+0.069%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05772	+0.163%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0406%	1h	0.05789	+0.444%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0443%	1h	0.05777	+0.243%	$524	$11K	10x	as long as short