Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0177%/8h= −19.4% APRpaid last 24h −0.004%

Price spread now: Bitget against Deribit0.000%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Bitget

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit WLFI_USDC-PERPETUAL	0.05698	0.0277	pay 0.0035% / 1h	27m 20s	$517	$11K	10x
Short	Bitget WLFIUSDT	0.05698	0.0100	get 0.0050% / 4h	3h 27m	$7.9M	$3.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Deribit. 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 DeribitbpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$37.12
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$56.12
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 1 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 Deribit no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	3.51 bp	14.2 bp −$14	33.5 bp −$335	doesn't fit	doesn't fit

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	+0.597%	$21K	$27K	50x	as long as short
01 Exchange WLFIUSD	−0.0160%	1h	0.05695	−0.053%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+6.103%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05688	−0.184%	$311	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	+0.316%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05689	−0.158%	$1.0M	$471K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05691	−0.114%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05692	−0.103%	$82K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05691	−0.121%	$10.4M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05693	−0.082%	$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	0.05692	−0.105%	$243K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05697	−0.019%	$137.4M	$44.6M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05690	−0.140%	$20.8M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05693	−0.088%	$7.6M	$14.0M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05695	−0.051%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05691	−0.123%	$3.4M	$3.2M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05699	+0.018%	$13.2M	$20.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05696	−0.035%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDTshort	+0.0100%	4h	0.05698	0.000%	$7.9M	$3.7M	75x
BingX WLFI-USDC	+0.0100%	4h	0.05685	−0.228%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05690	−0.140%	$228K	$33K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05706	+0.133%	$446K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05685	−0.227%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05700	+0.035%	$33K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05700	+0.035%	$38K	$1.8M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05691	−0.123%	$104	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05691	−0.116%	$171K	$1.0M	10x	as long as short
dYdX WLFI-USD	+0.0105%	1h	0.05689	−0.165%	$11K	$943	5x	as long as short
Deribit WLFI_USDC-PERPETUALlong	+0.0277%	1h	0.05698	long leg	$517	$11K	10x
GMX WLFI/USD [ETH-USDC]	L +0.0302% / S −0.1371%	1h	0.05694	−0.077%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05680	−0.316%	$4.9M	$102K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.2380%	1h	0.05695	−0.054%	$96K	$91K	20x	as long as short