WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.005%

Price spread now: Deribit against Hyperliquid+0.084%7-day average — · you sell dearer than you buy

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

Long on Hyperliquid Short on Deribit

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Deribit is 0.084% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid WLFI	0.05723	0.0100	pay 0.0013% / 1h	0m 02s	$10.4M	$1.3M	5x
Short	Deribit WLFI_USDC-PERPETUAL	0.05728	0	get 0.0000% / 1h	0m 02s	$520	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Hyperliquid. 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 HyperliquidbpFee DeribitbpOrdersPrice spread, now +0.084%Rate

Funding earned: −$21
Price spread: +0.084% → 0.000%: $8.39
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$28.61
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 2 min ago; Deribit: no order-book sample. 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 Hyperliquid live order book, 2 min ago	0.78 bp	11.3 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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 31 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
Kraken Futures PF_WLFIUSD	−0.0331%	1h	0.05727	+0.069%	$99K	$85K	20x	as long as short
Lighter WLFI	−0.0072%	1h	0.05720	−0.056%	$997K	$420K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0032%	1h	0.05737	+0.241%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05742	+0.335%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.630%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUALshort	0.0000%	1h	0.05728	+0.084%	$520	$11K	10x
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05732	+0.147%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.126%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0053%	4h	0.05729	+0.108%	$1.6M	$582K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0083%	8h	0.05731	+0.139%	$2K	$118	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05731	+0.145%	$81K	$23K	5x	as long as short
Hyperliquid WLFIlong	+0.0100%	1h	0.05723	long leg	$10.4M	$1.3M	5x
Pacifica WLFI	+0.0100%	1h	0.05737	+0.248%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05729	+0.101%	$137.5M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05720	−0.056%	$21.0M	$17.9M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05722	−0.021%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05739	+0.274%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05725	+0.031%	$3.4M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05724	+0.014%	$13.7M	$22.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05729	+0.101%	$3.2M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05722	−0.021%	$7.9M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05744	+0.363%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05724	+0.014%	$238K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05739	+0.285%	$448K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05748	+0.432%	$276K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	+0.294%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.294%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05727	+0.066%	$122	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05721	−0.036%	$133K	$487K	10x	as long as short
01 Exchange WLFIUSD	+0.0104%	1h	0.05736	+0.224%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05733	+0.169%	$3K	—	100x	as long as short