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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.2078%/8h= −227.5% APRnext payment $2.60 per $10,000 · paid last 24h +0.086%
Price spread now: Deribit against Kraken Futures−0.026%59s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$62 a day on $10k at the current rate, and Deribit is 0.026% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_WLFIUSD0.057720.2348pay 0.0294% / 1h38m 26s$97K$90K20x
ShortDeribit WLFI_USDC-PERPETUAL0.057710.0270get 0.0034% / 1h38m 26s$524$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Kraken Futures. 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
−$436.37
Price spread: −0.026% → 0.000%
−$2.58
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$455.95
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Deribit: 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 Kraken Futures no order-book sample
Sell Deribit no order-book sample
Kraken Futures and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International WLFI-PERP-INTX−0.0536%1h0.05732−0.701%$21K$27K50xas long as short
01 Exchange WLFIUSD−0.0232%1h0.05768−0.078%$4K$3193xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06046+4.731%as long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05769−0.064%$315150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−0.979%$6K$77K5.5xas long as short
Lighter WLFI+0.0096%1h0.05762−0.182%$1.0M$470K5xas long as short
Paradex WLFI-USD-PERP+0.0100%8h0.05763−0.169%$2K$1185xas long as short
Nado WLFI-PERP+0.0100%1h0.05765−0.121%$82K$24K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05768−0.083%$10.6M$1.2M5xas long as short
Aster WLFIUSDT+0.0100%4h0.05770−0.041%$1.6M$527K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLFI+0.0100%1h0.05770−0.052%$246K$14K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05772−0.007%$139.5M$42.9M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05764−0.147%$21.1M$19.1M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05766−0.112%$7.7M$13.5M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05769−0.055%$7K$8K5xas long as short
Gate WLFI_USDT+0.0100%4h0.05769−0.060%$3.5M$3.0M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05771−0.026%$13.5M$19.9M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05772−0.009%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05765−0.130%$7.9M$3.5M75xas long as short
BingX WLFI-USDT+0.0100%4h0.05767−0.095%$7.4Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05769−0.060%$234K$29K10xas long as short
Variational Omni WLFI+0.0100%4h0.05770−0.051%$450K$39Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05787+0.257%$284K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05770−0.043%$33K$37K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05780+0.130%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05771−0.026%$108$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05765−0.129%$177K$1.0M10xas long as short
dYdX WLFI-USD+0.0160%1h0.05773+0.006%$11K$9435xas long as short
Deribit WLFI_USDC-PERPETUALshort+0.0270%1h0.05771−0.026%$524$11K10x
GMX WLFI/USD [ETH-USDC]L +0.0303% / S −0.1371%1h0.05765−0.128%$7K100xas long as short
BloFin WLFI-USDT+0.0340%4h0.05774+0.026%$4.9M$101K75xas long as short
Kraken Futures PF_WLFIUSDlong+0.2348%1h0.05772long leg$97K$90K20x