Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0170%/8h= +18.6% APRpaid last 24h −0.005%

Price spread now: Deribit against OKX+0.139%7-day average — · you sell dearer than you buy

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

Long on OKX Short on Deribit

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.139% dearer against OKX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLFI-USDT-SWAP	0.05764	0.0100	pay 0.0050% / 4h	3h 02m	$7.7M	$13.4M	50x
Short	Deribit WLFI_USDC-PERPETUAL	0.05772	0.0270	get 0.0034% / 1h	2m 11s	$524	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee OKXbpFee DeribitbpOrdersPrice spread, now +0.139%Rate

Funding earned: $35.7
Price spread: +0.139% → 0.000%: $13.88
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $32.58
Costs to cover: 0.170%
Break-even: 0.6 days

Slippage unknown: OKX: live order book, 1 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 1 min ago	0.87 bp	10.0 bp −$10	21.1 bp −$211	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.885%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05768	+0.076%	$315	—	150x	as long as short
dYdX WLFI-USD	+0.0022%	1h	0.05769	+0.095%	$11K	$970	5x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.833%	$6K	$77K	5.5x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0048%	1h	0.05737	−0.468%	$32K	$15K	50x	as long as short
Lighter WLFI	+0.0056%	1h	0.05762	−0.035%	$1.0M	$451K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0098%	8h	0.05765	+0.021%	$2K	$118	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05763	−0.016%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05770	+0.107%	$1.6M	$582K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05765	+0.017%	$246K	$14K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLFIUSDT	+0.0100%	4h	0.05771	+0.121%	$139.2M	$42.3M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05768	+0.069%	$21.0M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAPlong	+0.0100%	4h	0.05764	long leg	$7.7M	$13.4M	50x
Arcus WLFI-USD	+0.0100%	1h	0.05766	+0.028%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05769	+0.087%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05764	0.000%	$13.4M	$20.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05770	+0.104%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05764	0.000%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05768	+0.069%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05776	+0.208%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05788	+0.425%	$452K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05800	+0.625%	$282K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05790	+0.451%	$34K	$38K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05761	−0.043%	$82K	$24K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.104%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05770	+0.104%	$101	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05763	−0.011%	$133K	$609K	10x	as long as short
01 Exchange WLFIUSD	+0.0160%	1h	0.05767	+0.052%	$4K	$319	3x	as long as short
Deribit WLFI_USDC-PERPETUALshort	+0.0270%	1h	0.05772	+0.139%	$524	$11K	10x
GMX WLFI/USD [ETH-USDC]	L +0.0297% / S −0.1279%	1h	0.05765	+0.017%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05780	+0.278%	$4.8M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0340%	1h	0.05769	+0.079%	$97K	$91K	20x	as long as short