Funding you earn now, next payment 00:00 UTC+0.0257%/8h= +28.1% APRnext payment +$1.28 per $10,000 · paid last 24h +0.014%
Price spread now: BloFin against OKX+0.209%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.209%, 7d avg +0.096%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.113% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.096%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.127% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WLFI-USDT-SWAP | 0.05746 | 0.0083 | pay 0.0042% / 4h | 43m 05s | $7.5M | $12.7M | 50x |
| Short | BloFin WLFI-USDT | 0.05758 | 0.0340 | get 0.0170% / 4h | 43m 05s | $4.7M | $72K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $53.96
- Price spread: +0.209% → +0.096%
- $11.3
- Slippage, 4 orders
- −$36
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $7.26
- Costs to cover
- 0.580%
- Break-even
- 6.1 days
Slippage from OKX: live order book, just now; BloFin: live order book, 5 min ago.
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 OKX live order book, just now | 0.87 bp | 11.6 bp −$12 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.87 bp | 15.9 bp −$16 | 28.4 bp −$284 | doesn't fit | doesn't fit |
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 | −0.0433% | 1h | 0.05750 | +0.069% | $73K | $59K | 20x | as long as short |
| Aster WLFIUSDT | −0.0138% | 4h | 0.05748 | +0.035% | $1.6M | $581K | 20x | as long as short |
| dYdX WLFI-USD | 0.0000% | 1h | 0.05752 | +0.099% | $11K | $970 | 5x | as long as short |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06045 | +5.208% | — | — | — | as long as short |
| Deribit WLFI_USDC-PERPETUAL | 0.0000% | 1h | 0.05751 | +0.087% | $522 | $11K | 10x | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05749 | +0.048% | $314 | — | 150x | as long as short |
| Injective WLFI/USDC PERP | +0.0033% | 1h | 0.05716 | −0.522% | $6K | $77K | 5.5x | as long as short |
| Paradex WLFI-USD-PERP | +0.0064% | 8h | 0.05755 | +0.163% | $2K | $108 | 5x | as long as short |
| Lighter WLFI | +0.0072% | 1h | 0.05743 | −0.052% | $964K | $387K | 5x | as long as short |
| OKX WLFI-USDT-SWAPlong | +0.0083% | 4h | 0.05746 | long leg | $7.5M | $12.7M | 50x |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado WLFI-PERP | +0.0100% | 1h | 0.05746 | +0.009% | $79K | $28K | 5x | as long as short |
| Hyperliquid WLFI | +0.0100% | 1h | 0.05745 | −0.021% | $10.5M | $1.3M | 5x | as long as short |
| Pacifica WLFI | +0.0100% | 1h | 0.05752 | +0.099% | $244K | $10K | 5x | as long as short |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05753 | +0.125% | $137.8M | $39.6M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05746 | 0.000% | $21.0M | $17.4M | 75x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05755 | +0.162% | $1K | $753 | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05748 | +0.035% | $3.4M | $2.8M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05747 | +0.017% | $14.8M | $21.2M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05751 | +0.087% | $3.3M | $1.1M | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05744 | −0.035% | $8.0M | $3.1M | 75x | as long as short |
| BingX WLFI-USDC | +0.0100% | 4h | 0.05750 | +0.070% | — | $2.3M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05748 | +0.035% | $239K | $29K | 10x | as long as short |
| Variational Omni WLFI | +0.0100% | 4h | 0.05750 | +0.066% | $445K | $31K | — | as long as short |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05759 | +0.225% | $276K | $1.9M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05750 | +0.070% | $33K | $42K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05760 | +0.244% | $38K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05749 | +0.052% | $118 | $5K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05745 | −0.009% | $133K | $490K | 10x | as long as short |
| 01 Exchange WLFIUSD | +0.0136% | 1h | 0.05752 | +0.104% | $4K | $319 | 3x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0252% / S −0.0496% | 1h | 0.05745 | −0.017% | $3K | — | 100x | as long as short |
| BloFin WLFI-USDTshort | +0.0340% | 4h | 0.05758 | +0.209% | $4.7M | $72K | 75x | |
| Coinbase International WLFI-PERP-INTX | +0.0368% | 1h | 0.05737 | −0.157% | $32K | $16K | 50x | as long as short |
OKX WLFI-USDT-SWAP
BloFin WLFI-USDT
Kraken Futures PF_WLFIUSD
Aster WLFIUSDT
Deribit WLFI_USDC-PERPETUAL
gTrade (Gains Network) WLFI/USD
Injective WLFI/USDC PERP
Paradex WLFI-USD-PERP
Lighter WLFI
Hyperliquid WLFI
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
Gate WLFI_USDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
Bitget WLFIUSDT
BingX WLFI-USDC
Backpack WLFI_USDC_PERP
Variational Omni WLFI
GRVT WLFI_USDT_Perp
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
01 Exchange WLFIUSD
GMX WLFI/USD [ETH-USDC]
Coinbase International WLFI-PERP-INTX