WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0492%/8h= +53.9% APRnext payment +$0.61 per $10,000 · paid last 24h −0.010%

Price spread now: Backpack against Coinbase International+0.523%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Backpack

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 +$15 a day on $10k at the current rate, and Backpack is 0.523% dearer against Coinbase International than usual: you sell high and buy low: +$52 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	Coinbase International WLFI-PERP-INTX	0.05732	−0.0392	get 0.0049% / 1h	18m 22s	$21K	$15K	50x
Short	Backpack WLFI_USDC_PERP	0.05762	0.0100	get 0.0013% / 1h	18m 22s	$232K	$34K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Coinbase International. 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 Coinbase InternationalbpFee BackpackbpOrdersPrice spread, now +0.523%Rate

Funding earned: $103.32
Price spread: +0.523% → 0.000%: $52.34
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: $135.66
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Backpack: live order book, 33 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Backpack live order book, 33 min ago	0.88 bp	11.5 bp −$11	doesn't fit	doesn't fit	doesn't fit

Coinbase International: 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 exchanges

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
01 Exchange WLFIUSD	−0.1016%	1h	0.05764	+0.558%	$4K	$311	3x	as long as short
Coinbase International WLFI-PERP-INTXlong	−0.0392%	1h	0.05732	long leg	$21K	$15K	50x
dYdX WLFI-USD	0.0000%	1h	0.05759	+0.468%	$9K	$6K	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.470%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05760	+0.490%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.279%	$6K	$77K	5.5x	as long as short
Kraken Futures PF_WLFIUSD	+0.0094%	1h	0.05768	+0.632%	$97K	$132K	20x	as long as short
Lighter WLFI	+0.0096%	1h	0.05757	+0.436%	$1.1M	$477K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0097%	1h	0.05765	+0.576%	$523	$11K	10x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05760	+0.487%	$2K	$118	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05761	+0.504%	$83K	$25K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05762	+0.520%	$10.5M	$953K	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05761	+0.510%	$1.6M	$547K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05762	+0.516%	$246K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05766	+0.591%	$138.8M	$43.2M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05760	+0.488%	$21.2M	$19.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05761	+0.506%	$7.7M	$13.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05764	+0.564%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05762	+0.523%	$3.4M	$3.2M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05765	+0.576%	$13.6M	$20.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05762	+0.523%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05763	+0.541%	$8.0M	$3.6M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05761	+0.506%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERPshort	+0.0100%	1h	0.05762	+0.523%	$232K	$34K	10x
Variational Omni WLFI	+0.0100%	4h	0.05764	+0.564%	$450K	$33K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05759	+0.468%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	+0.663%	$33K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.663%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05764	+0.558%	$104	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05760	+0.485%	$172K	$1.0M	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0302% / S −0.1371%	1h	0.05762	+0.530%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05766	+0.593%	$4.8M	$100K	75x	as long as short