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 −0.005%

Price spread now: Variational Omni against Bybit−0.111%7-day average −0.027% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.015%−$2 on $10k

Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.111%, 7d avg −0.027%

Together, before fees+0.078%+ Points / potential airdropVariational Omni: Active · farm board+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.084% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLFIUSDT	0.05758	0.0100	pay 0.0050% / 4h	3h 13m	$21.0M	$17.5M	75x
Short	Variational Omni WLFI	0.05752	0.0100	get 0.0050% / 4h	3h 13m	$442K	$34K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.111%Rate

Funding earned: $0
Price spread: −0.111% → −0.027%: −$8.36
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$19.36
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, just now; Variational Omni: RFQ quote, 61 min ago. 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 Bybit live order book, just now	0.87 bp	8.1 bp −$8	33.6 bp −$336	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 61 min ago	4.38 bp	doesn't fit	30.6 bp −$306	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
Kraken Futures PF_WLFIUSD	−0.0109%	1h	0.05764	+0.101%	$73K	$49K	20x	as long as short
Lighter WLFI	−0.0008%	1h	0.05758	0.000%	$994K	$400K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05760	+0.026%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.991%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05766	+0.139%	$523	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05762	+0.075%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.729%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0076%	4h	0.05766	+0.135%	$1.6M	$587K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0090%	8h	0.05762	+0.066%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05762	+0.069%	$80K	$24K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05761	+0.047%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05764	+0.109%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05764	+0.105%	$138.1M	$39.5M	75x	as long as short
Bybit WLFIUSDTlong	+0.0100%	4h	0.05758	long leg	$21.0M	$17.5M	75x
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05761	+0.052%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05768	+0.172%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05765	+0.122%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05761	+0.052%	$14.3M	$21.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05767	+0.156%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05759	+0.017%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05768	+0.174%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05763	+0.087%	$240K	$27K	10x	as long as short
Variational Omni WLFIshort	+0.0100%	4h	0.05752	−0.111%	$442K	$34K	—
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05753	−0.084%	$277K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	+0.035%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.208%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05765	+0.122%	$115	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05759	+0.022%	$133K	$506K	10x	as long as short
01 Exchange WLFIUSD	+0.0128%	1h	0.05766	+0.139%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	−0.365%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05764	+0.101%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05769	+0.191%	$4.7M	$79K	75x	as long as short