Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0178%/8h= +19.5% APRpaid last 24h +0.004%

Price spread now: Deribit against Bitget−0.070%7-day average — · you buy dearer than you sell

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

Long on Bitget 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

Funding pays, the price is against you. Deribit is 0.070% cheaper against Bitget than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 32 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLFIUSDT	0.05686	0.0100	pay 0.0050% / 4h	3h 29m	$7.9M	$3.7M	75x
Short	Deribit WLFI_USDC-PERPETUAL	0.05682	0.0278	get 0.0035% / 1h	29m 12s	$516	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bitget. 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 BitgetbpFee DeribitbpOrdersPrice spread, now −0.070%Rate

Funding earned: $37.43
Price spread: −0.070% → 0.000%: −$7.03
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $11.4
Costs to cover: 0.190%
Break-even: 4.9 days

Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago	2.62 bp	12.7 bp −$13	27.1 bp −$271	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
Coinbase International WLFI-PERP-INTX	−0.0536%	1h	0.05732	+0.809%	$21K	$27K	50x	as long as short
01 Exchange WLFIUSD	−0.0176%	1h	0.05675	−0.193%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+6.324%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05677	−0.165%	$310	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	+0.528%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05674	−0.211%	$1.0M	$470K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05672	−0.242%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05675	−0.192%	$81K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05682	−0.070%	$10.4M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05674	−0.210%	$1.6M	$553K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05674	−0.202%	$242K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05681	−0.080%	$137.3M	$44.4M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05676	−0.176%	$20.8M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05682	−0.070%	$7.5M	$13.9M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05676	−0.183%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05683	−0.053%	$3.4M	$3.2M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05688	+0.035%	$13.3M	$20.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05678	−0.141%	$3.2M	$1.1M	75x	as long as short
Bitget WLFIUSDTlong	+0.0100%	4h	0.05686	long leg	$7.9M	$3.7M	75x
BingX WLFI-USDC	+0.0100%	4h	0.05680	−0.106%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05683	−0.053%	$228K	$33K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05706	+0.344%	$446K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05685	−0.017%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05700	+0.246%	$33K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05690	+0.070%	$38K	$1.8M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05678	−0.141%	$101	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05675	−0.193%	$174K	$1.0M	10x	as long as short
dYdX WLFI-USD	+0.0112%	1h	0.05669	−0.297%	$11K	$943	5x	as long as short
Deribit WLFI_USDC-PERPETUALshort	+0.0278%	1h	0.05682	−0.070%	$516	$11K	10x
GMX WLFI/USD [ETH-USDC]	L +0.0302% / S −0.1371%	1h	0.05668	−0.325%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05680	−0.106%	$4.9M	$102K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.2387%	1h	0.05677	−0.155%	$96K	$91K	20x	as long as short