Settings8H · net · $10k
Funding arb · Price arb /

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.023%
Price spread now: Bitget against BloFin−0.209%45s7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.654% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.199%−$20 on $10k
Price spread, last 4 days (all we have)−0.304%−$30 · spread now −0.209%, 7d avg −0.079%
Together, before fees−0.503%−$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.130% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.079%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLFI-USDT0.057470.0340pay 0.0170% / 4h1h 40m$4.8M$81K75x
ShortBitget WLFIUSDT0.057350.0100get 0.0050% / 4h1h 40m$8.0M$3.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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

Funding earned
−$50.4
Price spread: −0.209% → −0.079%
−$12.98
Slippage, 4 orders
−$41.44
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$128.83
Costs to cover
0.654%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 3 min ago0.87 bp14.7 bp −$1531.4 bp −$314doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago2.61 bp15.2 bp −$1529.8 bp −$298doesn't fitdoesn't fit

WLFI on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International WLFI-PERP-INTX−0.0200%1h0.05737−0.174%$32K$15K50xas long as short
Kraken Futures PF_WLFIUSD−0.0154%1h0.05745−0.043%$99K$88K20xas long as short
Lighter WLFI−0.0040%1h0.05732−0.261%$1.0M$427K5xas long as short
Aster WLFIUSDT−0.0006%4h0.05739−0.140%$1.6M$584K20xas long as short
dYdX WLFI-USD0.0000%1h0.05739−0.142%$11K$9705xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06046+5.197%as long as short
Deribit WLFI_USDC-PERPETUAL0.0000%1h0.05743−0.070%$521$11K10xas long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05743−0.070%$314150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−0.539%$6K$77K5.5xas long as short
Paradex WLFI-USD-PERP+0.0076%8h0.05736−0.196%$2K$1185xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange WLFIUSD+0.0096%1h0.05741−0.104%$4K$3193xas long as short
Nado WLFI-PERP+0.0100%1h0.05736−0.185%$82K$24K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05735−0.204%$10.5M$1.3M5xas long as short
Pacifica WLFI+0.0100%1h0.05736−0.190%$246K$13K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05740−0.117%$138.1M$40.5M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05733−0.244%$20.9M$18.2M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05736−0.191%$7.6M$12.8M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05744−0.057%$1K$7535xas long as short
Gate WLFI_USDT+0.0100%4h0.05738−0.157%$3.4M$2.9M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05738−0.157%$13.5M$21.5M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05738−0.157%$3.3M$1.1M75xas long as short
Bitget WLFIUSDTshort+0.0100%4h0.05735−0.209%$8.0M$3.3M75x
BingX WLFI-USDC+0.0100%4h0.05736−0.191%$2.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05738−0.157%$239K$27K10xas long as short
Variational Omni WLFI+0.0100%4h0.05734−0.220%$448K$41Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05753+0.099%$281K$1.8M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05750+0.052%$33K$39K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05750+0.052%$39K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05740−0.122%$115$6K5xas long as short
Extended WLFI-USD+0.0104%1h0.05735−0.211%$133K$485K10xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0252% / S −0.0496%1h0.05743−0.071%$3K100xas long as short
BloFin WLFI-USDTlong+0.0340%4h0.05747long leg$4.8M$81K75x