WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0552%/8h= +60.4% APRnext payment +$0.69 per $10,000 · paid last 24h +4.323%

Price spread now: GMX against Lighter+0.059%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on GMX

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 for this trade now. Funding pays +$17 a day on $10k at the current rate, and GMX is 0.059% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WLFI	0.05763	−0.0056	get 0.0007% / 1h	18m 14s	$1.0M	$413K	5x
Short	GMX WLFI/USD [ETH-USDC]	0.05766	L +0.0252% / S −0.0496%	get 0.0062% / 1h	18m 14s	$3K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.059%Rate

Funding earned: $115.89
Price spread: +0.059% → 0.000%: $5.9
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $109.79
Costs to cover: 0.120%
Break-even: 0.4 days

Slippage unknown: Lighter: live order book, 2 min ago; GMX: no order-book sample. 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 Lighter live order book, 2 min ago	6.95 bp	7.8 bp −$8	18.9 bp −$189	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 31 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
Kraken Futures PF_WLFIUSD	−0.0329%	1h	0.05768	+0.095%	$73K	$48K	20x	as long as short
Lighter WLFIlong	−0.0056%	1h	0.05763	long leg	$1.0M	$413K	5x
Coinbase International WLFI-PERP-INTX	−0.0032%	1h	0.05737	−0.451%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05769	+0.103%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.902%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05770	+0.121%	$524	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05769	+0.113%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.816%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0063%	4h	0.05766	+0.050%	$1.6M	$591K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0079%	8h	0.05770	+0.118%	$2K	$118	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange WLFIUSD	+0.0088%	1h	0.05770	+0.121%	$4K	$319	3x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05768	+0.095%	$81K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05763	+0.005%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05770	+0.121%	$248K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05772	+0.164%	$138.5M	$40.1M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05766	+0.052%	$21.3M	$17.7M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05765	+0.035%	$7.7M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05772	+0.156%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05768	+0.087%	$3.5M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05770	+0.121%	$14.7M	$21.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05771	+0.139%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05766	+0.052%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05761	−0.035%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05767	+0.069%	$240K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05770	+0.129%	$450K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05770	+0.121%	$277K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	+0.121%	$33K	$40K	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	0.05770	+0.121%	$120	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05763	0.000%	$133K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]short	L +0.0252% / S −0.0496%	1h	0.05766	+0.059%	$3K	—	100x