WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.003%

Price spread now: Hyperliquid against Deribit−0.163%50s7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Hyperliquid

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. Hyperliquid is 0.163% cheaper against Deribit than usual: you would sell low and buy high (spread −0.163% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 5.4 days of funding at the current rate (+$3 a day). The two prices were read 50 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	Deribit WLFI_USDC-PERPETUAL	0.05721	0	get 0.0000% / 1h	52m 20s	$10K	$624	10x
Short	Hyperliquid WLFI	0.05712	0.0100	get 0.0013% / 1h	52m 20s	$10.5M	$1.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Position, each leg$Hold fordaysFee DeribitbpFee HyperliquidbpOrdersPrice spread, now −0.163%Rate

Funding earned: $21
Price spread: −0.163% → 0.000%: −$16.26
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$11.26
Costs to cover: 0.160%
Break-even: 10.8 days

Slippage unknown: Deribit: no order-book sample; Hyperliquid: live order book, 10 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 Deribit no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 10 min ago	0.79 bp	8.8 bp −$9	doesn't fit	doesn't fit	doesn't fit

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	0.05719	−0.032%	$73K	$88K	20x	as long as short
Aster WLFIUSDT	−0.0246%	4h	0.05718	−0.051%	$1.6M	$569K	20x	as long as short
Lighter WLFI	−0.0208%	1h	0.05710	−0.192%	$941K	$366K	5x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	+0.017%	$6K	$64K	5.5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05720	−0.017%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.675%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUALlong	0.0000%	1h	0.05721	long leg	$10K	$624	10x
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05718	−0.059%	$313	—	150x	as long as short
OKX WLFI-USDT-SWAP	+0.0006%	4h	0.05713	−0.140%	$7.5M	$12.4M	50x	as long as short
ApeX Omni WLFIUSDT	+0.0008%	1h	0.05720	−0.017%	$33K	$42K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex WLFI-USD-PERP	+0.0039%	8h	0.05716	−0.091%	$2K	$108	5x	as long as short
01 Exchange WLFIUSD	+0.0040%	1h	0.05717	−0.070%	$4K	$319	3x	as long as short
Gate WLFI_USDT	+0.0074%	4h	0.05713	−0.140%	$3.4M	$2.8M	75x	as long as short
Variational Omni WLFI	+0.0094%	4h	0.05719	−0.027%	$442K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05711	−0.166%	$79K	$29K	5x	as long as short
Hyperliquid WLFIshort	+0.0100%	1h	0.05712	−0.163%	$10.5M	$1.2M	5x
Pacifica WLFI	+0.0100%	1h	0.05714	−0.119%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05716	−0.084%	$136.7M	$38.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05712	−0.157%	$20.6M	$17.1M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05719	−0.031%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05716	−0.087%	$14.3M	$20.6M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05716	−0.087%	$3.2M	$940K	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05711	−0.175%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05717	−0.070%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05719	−0.035%	$238K	$32K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05721	0.000%	$278K	$2.0M	10x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	−0.017%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05718	−0.052%	$129	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05711	−0.175%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05735	+0.245%	$33K	$16K	50x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05713	−0.140%	$4.7M	$74K	75x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0383% / S −0.2839%	1h	0.05715	−0.098%	$14K	—	100x	as long as short