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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.037%
Price spread now: BloFin against Gate+0.190%78s7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.608% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.128%+$13 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.190%, 7d avg +0.052%
Together, before fees+0.137%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.138% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.052%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.128% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate WLFI_USDT0.057900.0100pay 0.0050% / 4h3h 09m$3.5M$3.1M75x
ShortBloFin WLFI-USDT0.058010.0340get 0.0170% / 4h3h 09m$4.9M$88K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$50.4
Price spread: +0.190% → +0.052%
$13.78
Slippage, 4 orders
−$33.82
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
$3.37
Costs to cover
0.608%
Break-even
6.5 days
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago2.59 bp17.0 bp −$1732.6 bp −$32668.8 bp −$6,875doesn't fit
Sell BloFin live order book, 4 min ago0.86 bp16.1 bp −$1630.8 bp −$30880.0 bp −$8,003doesn't fit

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+4.413%as long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05792+0.027%$317150xas long as short
dYdX WLFI-USD+0.0025%1h0.05793+0.052%$11K$9705xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−1.278%$6K$77K5.5xas long as short
Coinbase International WLFI-PERP-INTX+0.0048%1h0.05737−0.915%$32K$15K50xas long as short
Lighter WLFI+0.0064%1h0.05786−0.069%$1.0M$451K5xas long as short
Deribit WLFI_USDC-PERPETUAL+0.0095%1h0.05797+0.121%$526$11K10xas long as short
Paradex WLFI-USD-PERP+0.0097%8h0.05790+0.008%$2K$1185xas long as short
Nado WLFI-PERP+0.0100%1h0.05791+0.018%$82K$24K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05789−0.010%$10.6M$1.3M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLFIUSDT+0.0100%4h0.05791+0.012%$1.6M$579K20xas long as short
Pacifica WLFI+0.0100%1h0.05793+0.047%$247K$14K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05795+0.088%$139.7M$42.2M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05788−0.035%$21.0M$19.2M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05789−0.017%$7.7M$13.4M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05794+0.067%$7K$8K5xas long as short
Gate WLFI_USDTlong+0.0100%4h0.05790long leg$3.5M$3.1M75x
MEXC WLFI_USDT+0.0100%4h0.05795+0.086%$13.5M$20.7M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05794+0.069%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05791+0.017%$7.9M$3.5M75xas long as short
BingX WLFI-USDT+0.0100%4h0.05792+0.035%$7.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05794+0.069%$241K$26K10xas long as short
Variational Omni WLFI+0.0100%4h0.05793+0.059%$452K$40Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05810+0.345%$283K$1.8M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05800+0.173%$34K$38K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05800+0.173%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05795+0.086%$109$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05788−0.036%$136K$480K10xas long as short
01 Exchange WLFIUSD+0.0152%1h0.05795+0.086%$4K$3193xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0298% / S −0.1279%1h0.05793+0.059%$7K100xas long as short
Kraken Futures PF_WLFIUSD+0.0338%1h0.05799+0.147%$97K$91K20xas long as short
BloFin WLFI-USDTshort+0.0340%4h0.05801+0.190%$4.9M$88K75x