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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1009%/8h= +110.5% APRnext payment +$1.26 per $10,000 · paid last 24h +4.250%
Price spread now: GMX against Deribit−0.050%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.050% cheaper against Deribit than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$30 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit WLFI_USDC-PERPETUAL0.057750.0270pay 0.0034% / 1h1m 11s$524$11K10x
ShortGMX WLFI/USD [ETH-USDC]0.05772L +0.0298% / S −0.1279%get 0.0160% / 1h1m 11s$7K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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
$211.86
Price spread: −0.050% → 0.000%
−$5.02
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$187.84
Costs to cover
0.190%
Break-even
0.8 days
Slippage unknown: Deribit: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell GMX no order-book sample
Deribit and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya WLFIRUSDPERP0.0000%1h0.06046+4.686%as long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05770−0.090%$316150xas long as short
dYdX WLFI-USD+0.0021%1h0.05769−0.096%$11K$9545xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−1.022%$6K$77K5.5xas long as short
Coinbase International WLFI-PERP-INTX+0.0048%1h0.05737−0.658%$32K$15K50xas long as short
Lighter WLFI+0.0056%1h0.05766−0.156%$1.0M$451K5xas long as short
Paradex WLFI-USD-PERP+0.0097%8h0.05764−0.190%$2K$1185xas long as short
Nado WLFI-PERP+0.0100%1h0.05765−0.165%$82K$24K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05770−0.095%$10.5M$1.3M5xas long as short
Aster WLFIUSDT+0.0100%4h0.05771−0.075%$1.6M$582K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLFI+0.0100%1h0.05765−0.168%$246K$14K5xas long as short
Binance WLFIUSDT+0.0100%4h0.057750.000%$139.3M$42.3M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05768−0.121%$21.0M$19.3M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05770−0.087%$7.7M$13.4M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05769−0.109%$7K$8K5xas long as short
Gate WLFI_USDT+0.0100%4h0.05772−0.052%$3.5M$3.1M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.057750.000%$13.5M$20.7M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05773−0.035%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05772−0.052%$7.9M$3.5M75xas long as short
BingX WLFI-USDC+0.0100%4h0.057750.000%$2.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05774−0.017%$240K$26K10xas long as short
Variational Omni WLFI+0.0100%4h0.05788+0.234%$452K$40Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05800+0.433%$282K$1.8M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05770−0.087%$33K$38K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05780+0.087%$39K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05773−0.035%$101$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05767−0.139%$133K$647K10xas long as short
01 Exchange WLFIUSD+0.0160%1h0.05774−0.017%$4K$3193xas long as short
Deribit WLFI_USDC-PERPETUALlong+0.0270%1h0.05775long leg$524$11K10x
GMX WLFI/USD [ETH-USDC]shortL +0.0298% / S −0.1279%1h0.05772−0.050%$7K100x
Kraken Futures PF_WLFIUSD+0.0340%1h0.05773−0.028%$97K$91K20xas long as short
BloFin WLFI-USDT+0.0340%4h0.057750.000%$4.8M$87K75xas long as short