Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0243%/8h= +26.6% APRpaid last 24h −0.018%

Price spread now: Paradex against Coinbase International+0.757%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Paradex is 0.757% dearer against Coinbase International than usual: you sell high and buy low: +$76 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WLFI-PERP-INTX	0.05737	−0.0144	get 0.0018% / 1h	13m 16s	$32K	$15K	50x
Short	Paradex WLFI-USD-PERP	0.05780	0.0099	get 0.0099% / 8h	2h 13m	$2K	$118	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.757%Rate

Funding earned: $51.02
Price spread: +0.757% → 0.000%: $75.75
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $112.77
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Paradex: 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 Paradex no order-book sample	—	—	—	—	—

Coinbase International and Paradex: 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
Coinbase International WLFI-PERP-INTXlong	−0.0144%	1h	0.05737	long leg	$32K	$15K	50x
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.380%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05782	+0.777%	$316	—	150x	as long as short
dYdX WLFI-USD	+0.0032%	1h	0.05778	+0.723%	$11K	$943	5x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.366%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05778	+0.715%	$1.0M	$459K	5x	as long as short
Paradex WLFI-USD-PERPshort	+0.0099%	8h	0.05780	+0.757%	$2K	$118	5x
Nado WLFI-PERP	+0.0100%	1h	0.05782	+0.782%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05782	+0.783%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05782	+0.792%	$1.6M	$574K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05782	+0.784%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05788	+0.884%	$139.6M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05780	+0.750%	$21.1M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05783	+0.802%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05785	+0.831%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05781	+0.767%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05787	+0.872%	$13.8M	$20.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05781	+0.767%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05779	+0.732%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05782	+0.784%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05782	+0.784%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05774	+0.637%	$451K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05790	+0.923%	$283K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	+0.750%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.924%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05785	+0.837%	$87	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05781	+0.766%	$176K	$735K	10x	as long as short
01 Exchange WLFIUSD	+0.0208%	1h	0.05788	+0.889%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05783	+0.798%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05792	+0.959%	$4.8M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0379%	1h	0.05785	+0.830%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0442%	1h	0.05788	+0.889%	$525	$11K	10x	as long as short