Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0169%/8h= +18.6% APRpaid last 24h −0.003%

Price spread now: Deribit against Bitget+0.121%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Deribit

What this pair did over the last

the charts below follow

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 +$5 a day on $10k at the current rate, and Deribit is 0.121% dearer against Bitget than usual: you sell high and buy low: +$12 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	Bitget WLFIUSDT	0.05771	0.0100	pay 0.0050% / 4h	45m 42s	$7.9M	$3.5M	75x
Short	Deribit WLFI_USDC-PERPETUAL	0.05778	0.0269	get 0.0034% / 1h	45m 42s	$524	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bitget. 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 BitgetbpFee DeribitbpOrdersPrice spread, now +0.121%Rate

Funding earned: $35.59
Price spread: +0.121% → 0.000%: $12.13
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $28.72
Costs to cover: 0.190%
Break-even: 1.4 days

Slippage unknown: Bitget: live order book, 3 min ago; Deribit: 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 Bitget live order book, 3 min ago	2.60 bp	12.2 bp −$12	22.6 bp −$226	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.0328%	1h	0.05732	−0.676%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.758%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05771	−0.001%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.953%	$6K	$77K	5.5x	as long as short
BloFin WLFI-USDT	+0.0056%	4h	0.05781	+0.173%	$4.9M	$91K	75x	as long as short
dYdX WLFI-USD	+0.0066%	1h	0.05775	+0.077%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05769	−0.035%	$1.0M	$467K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05772	+0.018%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05773	+0.035%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05772	+0.021%	$10.5M	$1.3M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05775	+0.069%	$1.6M	$534K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05773	+0.038%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05778	+0.125%	$139.5M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05768	−0.052%	$21.1M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05774	+0.052%	$7.8M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05777	+0.099%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05775	+0.069%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05778	+0.121%	$13.7M	$19.8M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05775	+0.069%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDTlong	+0.0100%	4h	0.05771	long leg	$7.9M	$3.5M	75x
BingX WLFI-USDT	+0.0100%	4h	0.05774	+0.052%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05774	+0.052%	$234K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05767	−0.063%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05775	+0.073%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.017%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.156%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05775	+0.069%	$80	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05770	−0.017%	$176K	$863K	10x	as long as short
Deribit WLFI_USDC-PERPETUALshort	+0.0269%	1h	0.05778	+0.121%	$524	$11K	10x
01 Exchange WLFIUSD	+0.0296%	1h	0.05779	+0.139%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05773	+0.040%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0406%	1h	0.05792	+0.358%	$97K	$90K	20x	as long as short