Settings8H · net · $10k
Funding arb · Price arb /

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.045%
Price spread now: Pacifica against Lighter+0.130%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$740.735% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.130%, 7d avg +0.034%
Together, before fees+0.004%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board$0 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: Pacifica is 0.096% dearer against Lighter than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter WLFI0.056910.0096pay 0.0012% / 1h26m 29s$1.0M$472K5x
ShortPacifica WLFI0.056980.0100get 0.0013% / 1h26m 29s$243K$14K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
$0.84
Price spread: +0.130% → +0.034%
$9.62
Slippage, 4 orders
−$65.54
Fee Lighter: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$63.08
Costs to cover
0.735%
Break-even
532.6 days
Slippage from Lighter: live order book, 4 min ago; Pacifica: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago14.13 bp14.9 bp −$1526.1 bp −$261doesn't fitdoesn't fit
Sell Pacifica live order book, 7 min ago8.75 bp16.8 bp −$17doesn't fitdoesn't fitdoesn't fit

WLFI on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International WLFI-PERP-INTX−0.0536%1h0.05732+0.720%$21K$27K50xas long as short
01 Exchange WLFIUSD−0.0152%1h0.05696+0.088%$4K$3193xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06046+6.234%as long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05688−0.061%$311150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716+0.439%$6K$77K5.5xas long as short
Lighter WLFIlong+0.0096%1h0.05691long leg$1.0M$472K5x
Paradex WLFI-USD-PERP+0.0100%8h0.05692+0.016%$2K$1185xas long as short
Nado WLFI-PERP+0.0100%1h0.05697+0.097%$82K$27K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05696+0.088%$10.4M$1.3M5xas long as short
Aster WLFIUSDT+0.0100%4h0.05695+0.075%$1.6M$553K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLFIshort+0.0100%1h0.05698+0.130%$243K$14K5x
Binance WLFIUSDT+0.0100%4h0.05701+0.173%$137.5M$44.6M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05696+0.088%$20.8M$19.4M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05698+0.123%$7.6M$14.0M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05696+0.095%$7K$8K5xas long as short
Gate WLFI_USDT+0.0100%4h0.05696+0.088%$3.4M$3.2M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05700+0.158%$13.3M$20.2M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05700+0.158%$3.2M$1.2M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05696+0.088%$7.9M$3.7M75xas long as short
BingX WLFI-USDT+0.0100%4h0.05700+0.158%$7.5Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05696+0.088%$228K$33K10xas long as short
Variational Omni WLFI+0.0100%4h0.05706+0.256%$446K$39Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05685−0.105%$280K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05700+0.158%$33K$37K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05700+0.158%$38K$1.8M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05695+0.070%$101$5K5xas long as short
dYdX WLFI-USD+0.0102%1h0.05695+0.068%$11K$9435xas long as short
Extended WLFI-USD+0.0104%1h0.05692+0.015%$171K$1.0M10xas long as short
Deribit WLFI_USDC-PERPETUAL+0.0277%1h0.05698+0.123%$517$11K10xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0302% / S −0.1371%1h0.05694+0.046%$7K100xas long as short
BloFin WLFI-USDT+0.0340%4h0.05702+0.193%$4.9M$103K75xas long as short
Kraken Futures PF_WLFIUSD+0.2380%1h0.05695+0.069%$96K$91K20xas long as short