Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.282%

Price spread now: Binance against dYdX+0.207%49s7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.207% dearer against dYdX than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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	dYdX WLFI-USD	0.05764	0	get 0.0000% / 1h	55m 56s	$11K	$970	5x
Short	Binance WLFIUSDT	0.05776	0.0100	get 0.0050% / 4h	3h 55m	$139.2M	$41.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against dYdX. 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 dYdXbpFee BinancebpOrdersPrice spread, now +0.207%Rate

Funding earned: $21
Price spread: +0.207% → 0.000%: $20.69
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: $21.69
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; Binance: live order book, 2 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 dYdX no order-book sample	—	—	—	—	—
Sell Binance live order book, 2 min ago	0.87 bp	9.5 bp −$9	18.5 bp −$185	97.6 bp −$9,757	doesn't fit

dYdX: 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
Aster WLFIUSDT	−0.0010%	4h	0.05770	+0.110%	$1.6M	$578K	20x	as long as short
dYdX WLFI-USDlong	0.0000%	1h	0.05764	long leg	$11K	$970	5x
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.888%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05769	+0.093%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.831%	$6K	$77K	5.5x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0048%	1h	0.05737	−0.467%	$32K	$15K	50x	as long as short
Lighter WLFI	+0.0080%	1h	0.05771	+0.123%	$1.0M	$446K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0092%	8h	0.05756	−0.139%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05762	−0.024%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05772	+0.137%	$10.5M	$1.3M	5x	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	0.05762	−0.030%	$247K	$13K	5x	as long as short
Binance WLFIUSDTshort	+0.0100%	4h	0.05776	+0.207%	$139.2M	$41.3M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05769	+0.088%	$21.1M	$18.8M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05771	+0.123%	$7.6M	$13.1M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05763	−0.009%	$7K	$7K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05772	+0.140%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05774	+0.175%	$13.4M	$20.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05769	+0.088%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05770	+0.106%	$7.9M	$3.4M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05761	−0.050%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05774	+0.175%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05770	+0.106%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05770	+0.104%	$282K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.068%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.106%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05776	+0.210%	$100	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05768	+0.070%	$133K	$482K	10x	as long as short
01 Exchange WLFIUSD	+0.0144%	1h	0.05766	+0.036%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05770	+0.101%	$3K	—	100x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0269%	1h	0.05779	+0.262%	$525	$11K	10x	as long as short
Kraken Futures PF_WLFIUSD	+0.0339%	1h	0.05782	+0.321%	$100K	$87K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05771	+0.123%	$4.8M	$87K	75x	as long as short