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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.023%
Price spread now: BloFin against Bybit+0.017%82s7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.487% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.194%+$19 on $10k
Price spread, last 4 days (all we have)+0.461%+$46 · spread now +0.017%, 7d avg +0.072%
Together, before fees+0.655%+$66 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.055% cheaper against Bybit than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.072%). If the spread goes back, that is −$5 on $10k: about 18 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.194% in total) that is about 47 hours. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WLFIUSDT0.057260.0100pay 0.0050% / 4h1h 03m$20.8M$18.4M75x
ShortBloFin WLFI-USDT0.057270.0340get 0.0170% / 4h1h 03m$4.8M$82K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$50.4
Price spread: +0.017% → +0.072%
−$5.48
Slippage, 4 orders
−$25.66
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$3.73
Costs to cover
0.487%
Break-even
7.5 days
Slippage from Bybit: live order book, 5 min ago; 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 Bybit live order book, 5 min ago0.87 bp13.3 bp −$1340.8 bp −$408doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.87 bp13.3 bp −$1322.2 bp −$22271.8 bp −$7,178doesn'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
Coinbase International WLFI-PERP-INTX−0.0200%1h0.05737+0.192%$32K$15K50xas long as short
Kraken Futures PF_WLFIUSD−0.0154%1h0.05737+0.184%$99K$87K20xas long as short
Lighter WLFI−0.0056%1h0.05719−0.122%$1.0M$434K5xas long as short
Aster WLFIUSDT−0.0010%4h0.05731+0.090%$1.6M$575K20xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06045+5.579%as long as short
Deribit WLFI_USDC-PERPETUAL0.0000%1h0.05734+0.140%$520$11K10xas long as short
dYdX WLFI-USD0.0000%1h0.05729+0.051%$11K$9705xas long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05733+0.124%$314150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−0.175%$6K$77K5.5xas long as short
Paradex WLFI-USD-PERP+0.0082%8h0.05731+0.083%$2K$1185xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WLFI+0.0100%1h0.05727+0.010%$10.5M$1.3M5xas long as short
Pacifica WLFI+0.0100%1h0.05732+0.098%$246K$13K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05728+0.035%$137.8M$40.7M75xas long as short
Bybit WLFIUSDTlong+0.0100%4h0.05726long leg$20.8M$18.4M75x
OKX WLFI-USDT-SWAP+0.0100%4h0.05725−0.017%$7.6M$12.8M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05737+0.189%$1K$7535xas long as short
Gate WLFI_USDT+0.0100%4h0.05729+0.052%$3.4M$3.0M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05733+0.122%$13.8M$21.8M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05732+0.105%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05725−0.017%$7.9M$3.3M75xas long as short
BingX WLFI-USDC+0.0100%4h0.05729+0.052%$2.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05735+0.157%$239K$27K10xas long as short
Variational Omni WLFI+0.0100%4h0.05720−0.098%$447K$41Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05737+0.185%$275K$1.8M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05730+0.070%$33K$39K50xas long as short
Nado WLFI-PERP+0.0100%1h0.05733+0.122%$81K$25K5xas long as short
SunX WLFI-USDT+0.0100%4h0.05740+0.244%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05734+0.140%$112$6K5xas long as short
Extended WLFI-USD+0.0104%1h0.05727+0.018%$133K$485K10xas long as short
01 Exchange WLFIUSD+0.0112%1h0.05735+0.157%$4K$3193xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0252% / S −0.0496%1h0.05733+0.126%$3K100xas long as short
BloFin WLFI-USDTshort+0.0340%4h0.05727+0.017%$4.8M$82K75x