WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h −0.010%

Price spread now: Backpack against 01 Exchange−0.035%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. Backpack is 0.035% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 41 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange WLFIUSD	0.05717	0.0032	pay 0.0004% / 1h	38m 59s	$4K	$319	3x
Short	Backpack WLFI_USDC_PERP	0.05715	0.0100	get 0.0013% / 1h	38m 59s	$238K	$32K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against 01 Exchange. 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 01 ExchangebpFee BackpackbpOrdersPrice spread, now −0.035%Rate

Funding earned: $14.28
Price spread: −0.035% → 0.000%: −$3.5
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$6.22
Costs to cover: 0.170%
Break-even: 10.0 days

Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 49 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Backpack live order book, 49 min ago	0.87 bp	9.5 bp −$9	doesn't fit	doesn't fit	doesn't fit

01 Exchange: 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
Kraken Futures PF_WLFIUSD	−0.0591%	1h	0.05716	−0.021%	$73K	$88K	20x	as long as short
Aster WLFIUSDT	−0.0255%	4h	0.05713	−0.078%	$1.6M	$568K	20x	as long as short
Lighter WLFI	−0.0232%	1h	0.05709	−0.140%	$940K	$367K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	−0.0100%	1h	0.05717	0.000%	$10K	$624	10x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	+0.087%	$6K	$64K	5.5x	as long as short
OKX WLFI-USDT-SWAP	−0.0010%	4h	0.05713	−0.070%	$7.5M	$12.4M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05720	+0.060%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.745%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05719	+0.034%	$313	—	150x	as long as short
01 Exchange WLFIUSDlong	+0.0032%	1h	0.05717	long leg	$4K	$319	3x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex WLFI-USD-PERP	+0.0038%	8h	0.05717	−0.002%	$2K	$108	5x	as long as short
Gate WLFI_USDT	+0.0066%	4h	0.05714	−0.052%	$3.4M	$2.8M	75x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05709	−0.148%	$441K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05715	−0.044%	$79K	$28K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05710	−0.117%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05718	+0.016%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05718	+0.017%	$136.7M	$38.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05713	−0.070%	$20.5M	$16.9M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05720	+0.047%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05716	−0.017%	$14.3M	$20.8M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05717	0.000%	$3.2M	$936K	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05714	−0.052%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05716	−0.017%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERPshort	+0.0100%	1h	0.05715	−0.035%	$238K	$32K	10x
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05720	+0.054%	$276K	$2.0M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	+0.052%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.052%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05715	−0.035%	$115	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05709	−0.142%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05735	+0.315%	$33K	$16K	50x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05724	+0.122%	$4.7M	$74K	75x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0384% / S −0.2839%	1h	0.05716	−0.014%	$14K	—	100x	as long as short