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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.132%+$13 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX WLFI-USDT-SWAP0.057460.0083pay 0.0042% / 4h43m 05s$7.5M$12.7M50x
ShortBloFin WLFI-USDT0.057580.0340get 0.0170% / 4h43m 05s$4.7M$72K75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, just now0.87 bp11.6 bp −$1223.9 bp −$239doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.87 bp15.9 bp −$1628.4 bp −$284doesn't fitdoesn'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
Kraken Futures PF_WLFIUSD−0.0433%1h0.05750+0.069%$73K$59K20xas long as short
Aster WLFIUSDT−0.0138%4h0.05748+0.035%$1.6M$581K20xas long as short
dYdX WLFI-USD0.0000%1h0.05752+0.099%$11K$9705xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06045+5.208%as long as short
Deribit WLFI_USDC-PERPETUAL0.0000%1h0.05751+0.087%$522$11K10xas long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05749+0.048%$314150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−0.522%$6K$77K5.5xas long as short
Paradex WLFI-USD-PERP+0.0064%8h0.05755+0.163%$2K$1085xas long as short
Lighter WLFI+0.0072%1h0.05743−0.052%$964K$387K5xas long as short
OKX WLFI-USDT-SWAPlong+0.0083%4h0.05746long leg$7.5M$12.7M50x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLFI-PERP+0.0100%1h0.05746+0.009%$79K$28K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05745−0.021%$10.5M$1.3M5xas long as short
Pacifica WLFI+0.0100%1h0.05752+0.099%$244K$10K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05753+0.125%$137.8M$39.6M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.057460.000%$21.0M$17.4M75xas long as short
Arcus WLFI-USD+0.0100%1h0.05755+0.162%$1K$7535xas long as short
Gate WLFI_USDT+0.0100%4h0.05748+0.035%$3.4M$2.8M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05747+0.017%$14.8M$21.2M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05751+0.087%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05744−0.035%$8.0M$3.1M75xas long as short
BingX WLFI-USDC+0.0100%4h0.05750+0.070%$2.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05748+0.035%$239K$29K10xas long as short
Variational Omni WLFI+0.0100%4h0.05750+0.066%$445K$31Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05759+0.225%$276K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05750+0.070%$33K$42K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05760+0.244%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05749+0.052%$118$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05745−0.009%$133K$490K10xas long as short
01 Exchange WLFIUSD+0.0136%1h0.05752+0.104%$4K$3193xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0252% / S −0.0496%1h0.05745−0.017%$3K100xas long as short
BloFin WLFI-USDTshort+0.0340%4h0.05758+0.209%$4.7M$72K75x
Coinbase International WLFI-PERP-INTX+0.0368%1h0.05737−0.157%$32K$16K50xas long as short