Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.177%

Price spread now: Binance against dYdX+0.061%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 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 +$1 a day on $10k at the current rate, and Binance is 0.061% dearer against dYdX than usual: you sell high and buy low: +$6 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	dYdX WLFI-USD	0.05780	0.0060	pay 0.0007% / 1h	11m 02s	$11K	$943	5x
Short	Binance WLFIUSDT	0.05784	0.0100	get 0.0050% / 4h	1h 11m	$139.6M	$42.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against dYdX. 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 dYdXbpFee BinancebpOrdersPrice spread, now +0.061%Rate

Funding earned: $8.43
Price spread: +0.061% → 0.000%: $6.07
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$5.5
Costs to cover: 0.200%
Break-even: 11.6 days

Slippage unknown: dYdX: no order-book sample; Binance: 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 dYdX no order-book sample	—	—	—	—	—
Sell Binance live order book, 2 min ago	1.73 bp	9.6 bp −$10	21.3 bp −$213	83.8 bp −$8,379	doesn't fit

dYdX: 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	−0.0312%	1h	0.05737	−0.751%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.590%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05780	−0.003%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.114%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USDlong	+0.0060%	1h	0.05780	long leg	$11K	$943	5x
Lighter WLFI	+0.0096%	1h	0.05779	−0.024%	$1.0M	$466K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05781	+0.005%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05781	+0.019%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05781	+0.016%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05783	+0.052%	$1.6M	$535K	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	0.05782	+0.026%	$247K	$14K	5x	as long as short
Binance WLFIUSDTshort	+0.0100%	4h	0.05784	+0.061%	$139.6M	$42.8M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05779	−0.024%	$21.1M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05782	+0.028%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05785	+0.078%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05784	+0.062%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05781	+0.010%	$13.7M	$20.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05784	+0.062%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05782	+0.028%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05785	+0.080%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05783	+0.045%	$234K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05771	−0.154%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05780	−0.006%	$283K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.007%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.166%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05784	+0.062%	$89	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05780	−0.010%	$174K	$523K	10x	as long as short
01 Exchange WLFIUSD	+0.0288%	1h	0.05787	+0.114%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05783	+0.043%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0306%	1h	0.05789	+0.145%	$97K	$90K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05783	+0.045%	$4.8M	$84K	75x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0442%	1h	0.05788	+0.131%	$525	$11K	10x	as long as short