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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.046%
Price spread now: BloFin against Bybit+0.157%72s7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.494% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.197%+$20 on $10k
Price spread, last 4 days (all we have)+0.322%+$32 · spread now +0.157%, 7d avg +0.072%
Together, before fees+0.519%+$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.085% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.072%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WLFIUSDT0.057420.0100pay 0.0050% / 4h3h 04m$21.2M$19.7M75x
ShortBloFin WLFI-USDT0.057510.0340get 0.0170% / 4h3h 04m$4.8M$98K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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: +0.157% → +0.072%
$8.45
Slippage, 4 orders
−$26.39
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$9.46
Costs to cover
0.494%
Break-even
5.7 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 4 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 Bybit live order book, 4 min ago0.87 bp12.4 bp −$1240.2 bp −$402doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago2.61 bp14.0 bp −$1424.1 bp −$24176.4 bp −$7,645doesn'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−0.0536%1h0.05732−0.174%$21K$27K50xas long as short
01 Exchange WLFIUSD−0.0104%1h0.05747+0.087%$4K$3193xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06046+5.287%as long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05743+0.018%$314150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−0.453%$6K$77K5.5xas long as short
dYdX WLFI-USD+0.0061%1h0.05746+0.070%$10K$4K5xas long as short
Lighter WLFI+0.0096%1h0.05740−0.035%$1.1M$476K5xas long as short
Deribit WLFI_USDC-PERPETUAL+0.0098%1h0.05748+0.104%$522$11K10xas long as short
Paradex WLFI-USD-PERP+0.0100%8h0.05742+0.007%$2K$1185xas long as short
Nado WLFI-PERP+0.0100%1h0.057420.000%$83K$26K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WLFI+0.0100%1h0.05743+0.016%$10.5M$1.2M5xas long as short
Aster WLFIUSDT+0.0100%4h0.05744+0.037%$1.6M$549K20xas long as short
Pacifica WLFI+0.0100%1h0.05742+0.005%$245K$14K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05747+0.087%$138.4M$44.0M75xas long as short
Bybit WLFIUSDTlong+0.0100%4h0.05742long leg$21.2M$19.7M75x
OKX WLFI-USDT-SWAP+0.0100%4h0.05741−0.017%$7.7M$14.1M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05744+0.033%$7K$8K5xas long as short
Gate WLFI_USDT+0.0100%4h0.05743+0.017%$3.4M$3.3M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05747+0.087%$13.7M$20.8M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05747+0.087%$3.3M$1.2M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.057420.000%$7.9M$3.5M75xas long as short
BingX WLFI-USDT+0.0100%4h0.05744+0.035%$7.5Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05744+0.035%$234K$33K10xas long as short
Variational Omni WLFI+0.0100%4h0.05745+0.044%$448K$39Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05750+0.135%$288K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05750+0.139%$33K$37K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05750+0.139%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05746+0.070%$104$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05742−0.003%$172K$1.0M10xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0302% / S −0.1371%1h0.05744+0.040%$7K100xas long as short
BloFin WLFI-USDTshort+0.0340%4h0.05751+0.157%$4.8M$98K75x
Kraken Futures PF_WLFIUSD+0.2350%1h0.05768+0.456%$98K$99K20xas long as short