WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0208%/8h= −22.8% APRnext payment −$0.26 per $10,000 · paid last 24h +0.026%

Price spread now: Deribit against Coinbase International−0.262%59s7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Deribit is 0.262% cheaper against Coinbase International than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WLFI-PERP-INTX	0.05735	0.0208	pay 0.0026% / 1h	29m 19s	$33K	$16K	50x
Short	Deribit WLFI_USDC-PERPETUAL	0.05720	0	get 0.0000% / 1h	29m 19s	$10K	$624	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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 Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now −0.262%Rate

Funding earned: −$43.68
Price spread: −0.262% → 0.000%: −$26.16
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$86.84
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; Deribit: no order-book sample. 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

Coinbase International and Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0590%	1h	0.05720	−0.269%	$73K	$88K	20x	as long as short
Aster WLFIUSDT	−0.0251%	4h	0.05714	−0.366%	$1.6M	$567K	20x	as long as short
Lighter WLFI	−0.0152%	1h	0.05710	−0.436%	$941K	$367K	5x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	−0.227%	$6K	$64K	5.5x	as long as short
OKX WLFI-USDT-SWAP	−0.0009%	4h	0.05710	−0.436%	$7.5M	$12.4M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05720	−0.254%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.414%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUALshort	0.0000%	1h	0.05720	−0.262%	$10K	$624	10x
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05717	−0.307%	$313	—	150x	as long as short
Paradex WLFI-USD-PERP	+0.0044%	8h	0.05719	−0.276%	$2K	$108	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange WLFIUSD	+0.0072%	1h	0.05718	−0.296%	$4K	$319	3x	as long as short
Gate WLFI_USDT	+0.0082%	4h	0.05714	−0.366%	$3.4M	$2.8M	75x	as long as short
Variational Omni WLFI	+0.0092%	4h	0.05711	−0.414%	$442K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05711	−0.410%	$79K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05712	−0.396%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05714	−0.361%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05723	−0.213%	$136.9M	$38.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05716	−0.331%	$20.4M	$16.9M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05720	−0.262%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05717	−0.314%	$15.0M	$21.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05717	−0.314%	$3.2M	$932K	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05716	−0.331%	$8.0M	$3.0M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05716	−0.331%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05719	−0.279%	$238K	$31K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05726	−0.163%	$276K	$2.0M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	−0.262%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	−0.262%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05720	−0.262%	$115	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05711	−0.421%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTXlong	+0.0208%	1h	0.05735	long leg	$33K	$16K	50x
BloFin WLFI-USDT	+0.0340%	4h	0.05719	−0.279%	$4.7M	$74K	75x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0383% / S −0.2839%	1h	0.05716	−0.335%	$14K	—	100x	as long as short