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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.037%
Price spread now: Bybit against BloFin−0.224%62s7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.448% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.186%−$19 on $10k
Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.224%, 7d avg −0.072%
Together, before fees−0.161%−$16 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 Bybit is 0.153% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.072%). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLFI-USDT0.057970.0340pay 0.0170% / 4h2h 56m$4.7M$87K75x
ShortBybit WLFIUSDT0.057840.0100get 0.0050% / 4h2h 56m$21.2M$19.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.224% → −0.072%
−$15.28
Slippage, 4 orders
−$21.82
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$110.5
Costs to cover
0.448%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago0.87 bp13.6 bp −$1423.8 bp −$23870.7 bp −$7,068doesn't fit
Sell Bybit live order book, 2 min ago0.87 bp11.3 bp −$1134.2 bp −$342doesn'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−0.0144%1h0.05737−1.035%$32K$15K50xas long as short
dYdX WLFI-USD0.0000%1h0.05786−0.181%$11K$9475xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06046+4.290%as long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05789−0.130%$317150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−1.397%$6K$77K5.5xas long as short
Lighter WLFI+0.0064%1h0.05782−0.259%$1.0M$453K5xas long as short
Paradex WLFI-USD-PERP+0.0097%8h0.05785−0.203%$2K$1185xas long as short
Nado WLFI-PERP+0.0100%1h0.05786−0.181%$82K$23K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05786−0.188%$10.6M$1.3M5xas long as short
Aster WLFIUSDT+0.0100%4h0.05785−0.204%$1.6M$583K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLFI+0.0100%1h0.05788−0.160%$247K$14K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05792−0.088%$139.7M$42.4M75xas long as short
Bybit WLFIUSDTshort+0.0100%4h0.05784−0.224%$21.2M$19.3M75x
OKX WLFI-USDT-SWAP+0.0100%4h0.05786−0.190%$7.7M$13.5M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05789−0.140%$7K$8K5xas long as short
Gate WLFI_USDT+0.0100%4h0.05788−0.155%$3.5M$3.0M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05790−0.121%$13.8M$20.3M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05787−0.173%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05785−0.207%$7.9M$3.5M75xas long as short
BingX WLFI-USDC+0.0100%4h0.05779−0.311%$2.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05790−0.121%$241K$26K10xas long as short
Variational Omni WLFI+0.0100%4h0.05766−0.526%$450K$40Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05773−0.413%$276K$1.8M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05770−0.466%$33K$38K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05790−0.121%$39K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05790−0.121%$94$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05786−0.191%$133K$695K10xas long as short
01 Exchange WLFIUSD+0.0176%1h0.05791−0.104%$4K$3193xas long as short
Deribit WLFI_USDC-PERPETUAL+0.0268%1h0.05794−0.052%$526$11K10xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0298% / S −0.1279%1h0.05787−0.179%$7K100xas long as short
BloFin WLFI-USDTlong+0.0340%4h0.05797long leg$4.7M$87K75x
Kraken Futures PF_WLFIUSD+0.0379%1h0.05795−0.040%$97K$91K20xas long as short