Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.301%

Price spread now: dYdX against Bitget+0.112%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 dYdX

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

The price spread pays, funding is against you. dYdX is 0.112% dearer against Bitget than usual: you sell high and buy low (spread +0.112% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLFIUSDT	0.05714	0.0100	pay 0.0050% / 4h	2h 31m	$8.0M	$3.0M	75x
Short	dYdX WLFI-USD	0.05720	0	get 0.0000% / 1h	31m 46s	$11K	$970	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.112%Rate

Funding earned: −$21
Price spread: +0.112% → 0.000%: $11.23
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$31.77
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 2 min ago; dYdX: 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, 2 min ago	1.75 bp	15.7 bp −$16	29.7 bp −$297	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.0590%	1h	0.05718	+0.066%	$73K	$88K	20x	as long as short
Aster WLFIUSDT	−0.0255%	4h	0.05713	−0.018%	$1.6M	$567K	20x	as long as short
Lighter WLFI	−0.0176%	1h	0.05712	−0.035%	$941K	$367K	5x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	+0.140%	$6K	$64K	5.5x	as long as short
OKX WLFI-USDT-SWAP	−0.0014%	4h	0.05715	+0.018%	$7.5M	$12.4M	50x	as long as short
dYdX WLFI-USDshort	0.0000%	1h	0.05720	+0.112%	$11K	$970	5x
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.800%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05719	+0.088%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05719	+0.085%	$313	—	150x	as long as short
Paradex WLFI-USD-PERP	+0.0042%	8h	0.05719	+0.091%	$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
01 Exchange WLFIUSD	+0.0056%	1h	0.05719	+0.088%	$4K	$319	3x	as long as short
Gate WLFI_USDT	+0.0066%	4h	0.05716	+0.035%	$3.4M	$2.8M	75x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05712	−0.029%	$79K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05713	−0.012%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05715	+0.025%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05719	+0.083%	$136.8M	$38.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05711	−0.053%	$20.4M	$16.9M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05721	+0.123%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05718	+0.070%	$15.0M	$20.9M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05716	+0.035%	$3.2M	$932K	75x	as long as short
Bitget WLFIUSDTlong	+0.0100%	4h	0.05714	long leg	$8.0M	$3.0M	75x
BingX WLFI-USDC	+0.0100%	4h	0.05713	−0.018%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05716	+0.035%	$238K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05707	−0.117%	$442K	$30K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05719	+0.093%	$276K	$2.0M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	+0.105%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.105%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05719	+0.088%	$118	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05713	−0.016%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05735	+0.368%	$33K	$16K	50x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05715	+0.018%	$4.7M	$74K	75x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0383% / S −0.2839%	1h	0.05716	+0.037%	$14K	—	100x	as long as short