Funding you earn now, next payment 22:00 UTC+0.0284%/8h= +31.1% APRnext payment +$0.36 per $10,000 · paid last 24h −0.038%
Price spread now: Coinbase International against Backpack+0.332%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.332% dearer against Backpack than usual: you sell high and buy low: +$33 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 | Backpack WLFI_USDC_PERP | 0.05718 | 0.0100 | pay 0.0013% / 1h | 54m 07s | $238K | $31K | 10x |
| Short | Coinbase International WLFI-PERP-INTX | 0.05737 | 0.0384 | get 0.0048% / 1h | 54m 07s | $32K | $16K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Backpack. 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
- $59.64
- Price spread: +0.332% → 0.000%
- $33.23
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $72.87
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Backpack: live order book, 29 min ago; Coinbase International: 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 Backpack live order book, 29 min ago | 0.87 bp | 9.7 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WLFIUSD | −0.0704% | 1h | 0.05723 | +0.080% | $73K | $70K | 20x | as long as short |
| Lighter WLFI | −0.0280% | 1h | 0.05710 | −0.140% | $943K | $372K | 5x | as long as short |
| Deribit WLFI_USDC-PERPETUAL | −0.0274% | 1h | 0.05723 | +0.087% | $10K | $624 | 10x | as long as short |
| Aster WLFIUSDT | −0.0270% | 4h | 0.05721 | +0.052% | $1.6M | $567K | 20x | as long as short |
| Hyperliquid WLFI | −0.0017% | 1h | 0.05712 | −0.101% | $10.5M | $1.2M | 5x | as long as short |
| dYdX WLFI-USD | 0.0000% | 1h | 0.05719 | +0.009% | $11K | $970 | 5x | as long as short |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06046 | +5.729% | — | — | — | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05721 | +0.054% | $313 | — | 150x | as long as short |
| 01 Exchange WLFIUSD | +0.0016% | 1h | 0.05721 | +0.052% | $4K | $319 | 3x | as long as short |
| Paradex WLFI-USD-PERP | +0.0026% | 8h | 0.05720 | +0.037% | $2K | $108 | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLFI-USDT-SWAP | +0.0030% | 4h | 0.05713 | −0.087% | $7.5M | $12.4M | 50x | as long as short |
| Injective WLFI/USDC PERP | +0.0082% | 1h | 0.05716 | −0.035% | $6K | $77K | 5.5x | as long as short |
| Nado WLFI-PERP | +0.0100% | 1h | 0.05718 | 0.000% | $79K | $31K | 5x | as long as short |
| Pacifica WLFI | +0.0100% | 1h | 0.05719 | +0.021% | $243K | $10K | 5x | as long as short |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05718 | 0.000% | $136.8M | $38.7M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05711 | −0.122% | $20.5M | $17.0M | 75x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05724 | +0.105% | $1K | $10 | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05715 | −0.052% | $3.4M | $2.8M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05714 | −0.070% | $14.9M | $21.1M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05719 | +0.017% | $3.3M | $1.0M | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05715 | −0.052% | $8.0M | $3.1M | 75x | as long as short |
| BingX WLFI-USDT | +0.0100% | 4h | 0.05716 | −0.035% | — | $7.2M | — | as long as short |
| Backpack WLFI_USDC_PERPlong | +0.0100% | 1h | 0.05718 | long leg | $238K | $31K | 10x | |
| Variational Omni WLFI | +0.0100% | 4h | 0.05708 | −0.175% | $441K | $30K | — | as long as short |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05714 | −0.075% | $272K | $1.9M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05700 | −0.315% | $33K | $41K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05730 | +0.210% | $38K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05720 | +0.035% | $119 | $5K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05716 | −0.043% | $132K | $490K | 10x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0252% / S −0.0496% | 1h | 0.05723 | +0.086% | $3K | — | 100x | as long as short |
| BloFin WLFI-USDT | +0.0340% | 4h | 0.05717 | −0.017% | $4.7M | $74K | 75x | as long as short |
| Coinbase International WLFI-PERP-INTXshort | +0.0384% | 1h | 0.05737 | +0.332% | $32K | $16K | 50x |
Backpack WLFI_USDC_PERP
Coinbase International WLFI-PERP-INTX
Kraken Futures PF_WLFIUSD
Lighter WLFI
Deribit WLFI_USDC-PERPETUAL
Aster WLFIUSDT
Hyperliquid WLFI
gTrade (Gains Network) WLFI/USD
01 Exchange WLFIUSD
Paradex WLFI-USD-PERP
OKX WLFI-USDT-SWAP
Injective WLFI/USDC PERP
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
Gate WLFI_USDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
Bitget WLFIUSDT
BingX WLFI-USDT
Variational Omni WLFI
GRVT WLFI_USDT_Perp
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
GMX WLFI/USD [ETH-USDC]
BloFin WLFI-USDT