Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: OKX against Bybit+0.017%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$420.423% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 7 days−0.038%−$4 · spread now +0.017%, 7d avg −0.015%

Together, before fees+0.019%+$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.032% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLFIUSDT	0.05744	0.0100	pay 0.0050% / 4h	12m 43s	$21.1M	$18.6M	75x
Short	OKX WLFI-USDT-SWAP	0.05745	0.0100	get 0.0050% / 4h	12m 43s	$7.6M	$12.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BybitbpFee OKXbpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → −0.015%: $3.21
Slippage, 4 orders: −$21.31
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$39.11
Costs to cover: 0.423%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 1 min ago.

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 Bybit live order book, 1 min ago	0.87 bp	11.3 bp −$11	30.7 bp −$307	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.87 bp	12.6 bp −$13	25.7 bp −$257	doesn't fit	doesn't fit

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
Lighter WLFI	−0.0056%	1h	0.05742	−0.035%	$1.0M	$442K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0048%	1h	0.05737	−0.122%	$32K	$15K	50x	as long as short
Aster WLFIUSDT	−0.0047%	4h	0.05750	+0.097%	$1.6M	$574K	20x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.252%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05749	+0.091%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.487%	$6K	$77K	5.5x	as long as short
Variational Omni WLFI	+0.0068%	4h	0.05742	−0.026%	$448K	$40K	—	as long as short
Paradex WLFI-USD-PERP	+0.0088%	8h	0.05746	+0.031%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05745	+0.017%	$81K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05746	+0.035%	$10.5M	$1.3M	5x	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	0.05746	+0.038%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05748	+0.077%	$138.4M	$41.0M	75x	as long as short
Bybit WLFIUSDTlong	+0.0100%	4h	0.05744	long leg	$21.1M	$18.6M	75x
OKX WLFI-USDT-SWAPshort	+0.0100%	4h	0.05745	+0.017%	$7.6M	$12.9M	50x
Arcus WLFI-USD	+0.0100%	1h	0.05748	+0.071%	$7K	$7K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05745	+0.017%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05747	+0.052%	$13.6M	$21.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05746	+0.035%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05744	0.000%	$7.9M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05744	0.000%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05750	+0.104%	$239K	$26K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05748	+0.072%	$277K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	−0.070%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05760	+0.279%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05752	+0.139%	$103	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05745	+0.016%	$133K	$483K	10x	as long as short
01 Exchange WLFIUSD	+0.0128%	1h	0.05755	+0.192%	$4K	$319	3x	as long as short
Kraken Futures PF_WLFIUSD	+0.0148%	1h	0.05752	+0.139%	$99K	$87K	20x	as long as short
dYdX WLFI-USD	+0.0201%	1h	0.05734	−0.175%	$11K	$970	5x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05746	+0.037%	$3K	—	100x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0272%	1h	0.05754	+0.174%	$522	$11K	10x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05755	+0.192%	$4.8M	$87K	75x	as long as short