Funding you earn now, next payment 01:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h −0.038%
Price spread now: Lighter against Pacifica−0.043%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$800.796% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.043%, 7d avg −0.030%
=Together, before fees−0.075%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica WLFI | 0.05761 | 0.0100 | pay 0.0013% / 1h | 30m 24s | $247K | $13K | 5x |
| Short | Lighter WLFI | 0.05759 | 0.0008 | get 0.0001% / 1h | 30m 24s | $991K | $397K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$19.32
- Price spread: −0.043% → −0.030%
- −$1.38
- Slippage, 4 orders
- −$71.64
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$100.34
- Costs to cover
- 0.796%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 43 min ago; Lighter: live order book, 40 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 Pacifica live order book, 43 min ago | 8.75 bp | 27.7 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 40 min ago | 7.87 bp | 9.3 bp −$9 | 22.8 bp −$228 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WLFIUSD | −0.0109% | 1h | 0.05761 | −0.008% | $73K | $49K | 20x | as long as short |
| dYdX WLFI-USD | 0.0000% | 1h | 0.05770 | +0.140% | $11K | $970 | 5x | as long as short |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06045 | +4.927% | — | — | — | as long as short |
| Deribit WLFI_USDC-PERPETUAL | 0.0000% | 1h | 0.05761 | −0.009% | $523 | $11K | 10x | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05759 | −0.037% | $315 | — | 150x | as long as short |
| Lighter WLFIshort | +0.0008% | 1h | 0.05759 | −0.043% | $991K | $397K | 5x | |
| Injective WLFI/USDC PERP | +0.0033% | 1h | 0.05716 | −0.790% | $6K | $77K | 5.5x | as long as short |
| Aster WLFIUSDT | +0.0037% | 4h | 0.05764 | +0.050% | $1.6M | $587K | 20x | as long as short |
| Paradex WLFI-USD-PERP | +0.0085% | 8h | 0.05764 | +0.044% | $2K | $108 | 5x | as long as short |
| Nado WLFI-PERP | +0.0100% | 1h | 0.05761 | 0.000% | $80K | $26K | 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 | 0.05756 | −0.095% | $10.5M | $1.3M | 5x | as long as short |
| Pacifica WLFIlong | +0.0100% | 1h | 0.05761 | long leg | $247K | $13K | 5x | |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05758 | −0.062% | $137.9M | $40.0M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05753 | −0.148% | $21.2M | $17.7M | 75x | as long as short |
| OKX WLFI-USDT-SWAP | +0.0100% | 4h | 0.05756 | −0.095% | $7.6M | $12.8M | 50x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05766 | +0.073% | $1K | $753 | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05760 | −0.026% | $3.5M | $2.8M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05755 | −0.113% | $14.3M | $21.4M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05762 | +0.009% | $3.3M | $1.1M | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05755 | −0.113% | $8.0M | $3.2M | 75x | as long as short |
| BingX WLFI-USDC | +0.0100% | 4h | 0.05766 | +0.078% | — | $2.3M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05770 | +0.148% | $240K | $27K | 10x | as long as short |
| Variational Omni WLFI | +0.0100% | 4h | 0.05768 | +0.106% | $447K | $31K | — | as long as short |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05747 | −0.254% | $278K | $1.9M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05760 | −0.026% | $33K | $42K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05760 | −0.026% | $38K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05760 | −0.026% | $113 | $5K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05757 | −0.082% | $133K | $663K | 10x | as long as short |
| 01 Exchange WLFIUSD | +0.0136% | 1h | 0.05760 | −0.026% | $4K | $319 | 3x | as long as short |
| Coinbase International WLFI-PERP-INTX | +0.0232% | 1h | 0.05737 | −0.425% | $32K | $16K | 50x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0252% / S −0.0496% | 1h | 0.05755 | −0.115% | $3K | — | 100x | as long as short |
| BloFin WLFI-USDT | +0.0340% | 4h | 0.05772 | +0.182% | $4.8M | $77K | 75x | as long as short |
Pacifica WLFI
Lighter WLFI
Kraken Futures PF_WLFIUSD
Deribit WLFI_USDC-PERPETUAL
gTrade (Gains Network) WLFI/USD
Injective WLFI/USDC PERP
Aster WLFIUSDT
Paradex WLFI-USD-PERP
Hyperliquid WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
OKX WLFI-USDT-SWAP
Gate WLFI_USDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
Bitget WLFIUSDT
BingX WLFI-USDC
Backpack WLFI_USDC_PERP
Variational Omni WLFI
GRVT WLFI_USDT_Perp
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
01 Exchange WLFIUSD
Coinbase International WLFI-PERP-INTX
GMX WLFI/USD [ETH-USDC]
BloFin WLFI-USDT