Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: OKX against Bybit0.000%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$460.457% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 7 days−0.021%−$2 · spread now 0.000%, 7d avg −0.015%

Together, before fees+0.037%+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLFIUSDT	0.05734	0.0100	pay 0.0050% / 4h	1h 31m	$20.9M	$18.4M	75x
Short	OKX WLFI-USDT-SWAP	0.05734	0.0100	get 0.0050% / 4h	1h 31m	$7.6M	$12.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BybitbpFee OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.015%: $1.5
Slippage, 4 orders: −$24.75
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$44.25
Costs to cover: 0.457%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 1 min ago.

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 Bybit live order book, 2 min ago	0.87 bp	11.1 bp −$11	43.8 bp −$438	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	1.75 bp	11.7 bp −$12	26.0 bp −$260	doesn't fit	doesn't fit

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	−0.0200%	1h	0.05737	+0.052%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05745	+0.190%	$99K	$88K	20x	as long as short
Lighter WLFI	−0.0056%	1h	0.05734	0.000%	$1.0M	$429K	5x	as long as short
Aster WLFIUSDT	−0.0010%	4h	0.05745	+0.188%	$1.6M	$584K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05734	−0.001%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.436%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05735	+0.024%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.314%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0078%	8h	0.05730	−0.078%	$2K	$118	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0098%	1h	0.05745	+0.192%	$521	$11K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05727	−0.113%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05738	+0.061%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05736	+0.031%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05739	+0.079%	$138.1M	$40.5M	75x	as long as short
Bybit WLFIUSDTlong	+0.0100%	4h	0.05734	long leg	$20.9M	$18.4M	75x
OKX WLFI-USDT-SWAPshort	+0.0100%	4h	0.05734	0.000%	$7.6M	$12.8M	50x
Arcus WLFI-USD	+0.0100%	1h	0.05737	+0.056%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05741	+0.122%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05731	−0.052%	$13.7M	$21.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05742	+0.140%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05734	0.000%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05730	−0.070%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05742	+0.140%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05727	−0.115%	$447K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05736	+0.042%	$280K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.070%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.105%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05743	+0.157%	$116	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05739	+0.085%	$133K	$488K	10x	as long as short
01 Exchange WLFIUSD	+0.0104%	1h	0.05736	+0.035%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05734	+0.007%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05734	0.000%	$4.8M	$81K	75x	as long as short