Funding you earn now, next payment 03:00 UTC−0.0125%/8h= −13.7% APRpaid last 24h −0.032%
Price spread now: Lighter against Paradex−0.120%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter is 0.120% cheaper against Paradex than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex WLFI-USD-PERP | 0.05723 | 0.0077 | pay 0.0077% / 8h | 5h 27m | $2K | $118 | 5x |
| Short | Lighter WLFI | 0.05716 | −0.0048 | pay 0.0006% / 1h | 27m 09s | $1.0M | $431K | 5x |
Paradex WLFI-USD-PERP
Lighter WLFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. 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
- −$26.31
- Price spread: −0.120% → 0.000%
- −$12.04
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$42.35
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 3 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 6.11 bp | 8.3 bp −$8 | 17.5 bp −$175 | doesn't fit | doesn't fit |
Paradex: 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 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 | −0.0200% | 1h | 0.05737 | +0.247% | $32K | $15K | 50x | as long as short |
| Kraken Futures PF_WLFIUSD | −0.0154% | 1h | 0.05725 | +0.032% | $99K | $88K | 20x | as long as short |
| Lighter WLFIshort | −0.0048% | 1h | 0.05716 | −0.120% | $1.0M | $431K | 5x | |
| Aster WLFIUSDT | −0.0025% | 4h | 0.05721 | −0.032% | $1.6M | $582K | 20x | as long as short |
| dYdX WLFI-USD | 0.0000% | 1h | 0.05733 | +0.174% | $11K | $970 | 5x | as long as short |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06045 | +5.637% | — | — | — | as long as short |
| Deribit WLFI_USDC-PERPETUAL | 0.0000% | 1h | 0.05725 | +0.037% | $520 | $11K | 10x | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05723 | −0.006% | $313 | — | 150x | as long as short |
| Injective WLFI/USDC PERP | +0.0033% | 1h | 0.05716 | −0.120% | $6K | $77K | 5.5x | as long as short |
| Paradex WLFI-USD-PERPlong | +0.0077% | 8h | 0.05723 | long leg | $2K | $118 | 5x |
Coinbase International WLFI-PERP-INTX
Kraken Futures PF_WLFIUSD
Aster WLFIUSDT
dYdX WLFI-USD
Reya WLFIRUSDPERP
Deribit WLFI_USDC-PERPETUAL
gTrade (Gains Network) WLFI/USD
Injective WLFI/USDC PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado WLFI-PERP | +0.0100% | 1h | 0.05723 | +0.011% | $82K | $24K | 5x | as long as short |
| Hyperliquid WLFI | +0.0100% | 1h | 0.05719 | −0.061% | $10.4M | $1.3M | 5x | as long as short |
| Pacifica WLFI | +0.0100% | 1h | 0.05726 | +0.046% | $246K | $13K | 5x | as long as short |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05725 | +0.037% | $137.7M | $40.7M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05716 | −0.120% | $20.9M | $18.4M | 75x | as long as short |
| OKX WLFI-USDT-SWAP | +0.0100% | 4h | 0.05718 | −0.085% | $7.6M | $12.8M | 50x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05732 | +0.157% | $1K | $753 | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05720 | −0.050% | $3.4M | $3.0M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05725 | +0.037% | $13.7M | $21.7M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05725 | +0.037% | $3.3M | $1.1M | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05719 | −0.068% | $7.9M | $3.3M | 75x | as long as short |
| BingX WLFI-USDC | +0.0100% | 4h | 0.05730 | +0.124% | — | $2.3M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05723 | +0.002% | $238K | $27K | 10x | as long as short |
| Variational Omni WLFI | +0.0100% | 4h | 0.05731 | +0.147% | $447K | $41K | — | as long as short |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05737 | +0.241% | $280K | $1.8M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05740 | +0.299% | $33K | $39K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05730 | +0.124% | $38K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05723 | +0.002% | $117 | $6K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05715 | −0.130% | $133K | $488K | 10x | as long as short |
| 01 Exchange WLFIUSD | +0.0112% | 1h | 0.05730 | +0.124% | $4K | $319 | 3x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0252% / S −0.0496% | 1h | 0.05722 | −0.012% | $3K | — | 100x | as long as short |
| BloFin WLFI-USDT | +0.0340% | 4h | 0.05721 | −0.033% | $4.8M | $82K | 75x | as long as short |
Nado WLFI-PERP
Hyperliquid WLFI
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
OKX WLFI-USDT-SWAP
Arcus WLFI-USD
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
GMX WLFI/USD [ETH-USDC]
BloFin WLFI-USDT