Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0636%/8h= +69.6% APRpaid last 24h −0.012%

Price spread now: OKX against Coinbase International+0.035%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 OKX

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 +$19 a day on $10k at the current rate, and OKX is 0.035% dearer against Coinbase International than usual: you sell high and buy low: +$3 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	−0.0536	get 0.0067% / 1h	21m 15s	$21K	$27K	50x
Short	OKX WLFI-USDT-SWAP	0.05734	0.0100	get 0.0050% / 4h	3h 21m	$7.7M	$14.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.035%Rate

Funding earned: $133.56
Price spread: +0.035% → 0.000%: $3.49
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: $117.05
Costs to cover: 0.200%
Break-even: 0.9 days

Slippage unknown: Coinbase International: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago	1.75 bp	10.9 bp −$11	24.6 bp −$246	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 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-INTXlong	−0.0536%	1h	0.05732	long leg	$21K	$27K	50x
01 Exchange WLFIUSD	−0.0144%	1h	0.05735	+0.052%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.471%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05721	−0.190%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.279%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0088%	1h	0.05730	−0.035%	$10K	$3K	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05731	−0.017%	$1.0M	$474K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05727	−0.080%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05730	−0.035%	$82K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05733	+0.016%	$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
Aster WLFIUSDT	+0.0100%	4h	0.05736	+0.075%	$1.6M	$551K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05727	−0.084%	$244K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05739	+0.122%	$138.4M	$44.6M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05738	+0.105%	$21.1M	$19.6M	75x	as long as short
OKX WLFI-USDT-SWAPshort	+0.0100%	4h	0.05734	+0.035%	$7.7M	$14.1M	50x
Arcus WLFI-USD	+0.0100%	1h	0.05734	+0.030%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05736	+0.070%	$3.4M	$3.2M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05740	+0.140%	$13.3M	$20.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05737	+0.087%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05736	+0.070%	$8.0M	$3.7M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05735	+0.052%	—	$7.5M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05726	−0.105%	$229K	$33K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05695	−0.639%	$444K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05711	−0.360%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05710	−0.384%	$33K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.140%	$38K	$1.8M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05738	+0.105%	$108	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05735	+0.046%	$172K	$1.0M	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0302% / S −0.1371%	1h	0.05734	+0.038%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05741	+0.157%	$4.8M	$104K	75x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0621%	1h	0.05743	+0.192%	$521	$11K	10x	as long as short
Kraken Futures PF_WLFIUSD	+0.2361%	1h	0.05741	+0.152%	$97K	$91K	20x	as long as short