Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0288%/8h= +31.5% APRpaid last 24h −0.016%

Price spread now: Coinbase International against OKX−0.035%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Coinbase International

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

Funding pays, the price is against you. Coinbase International is 0.035% cheaper against OKX than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLFI-USDT-SWAP	0.05739	0.0080	pay 0.0040% / 4h	40m 26s	$7.5M	$12.7M	50x
Short	Coinbase International WLFI-PERP-INTX	0.05737	0.0368	get 0.0046% / 1h	40m 26s	$32K	$16K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against OKX. 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 OKXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.035%Rate

Funding earned: $60.41
Price spread: −0.035% → 0.000%: −$3.48
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $36.93
Costs to cover: 0.200%
Break-even: 2.7 days

Slippage unknown: OKX: live order book, 3 min ago; Coinbase International: 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 OKX live order book, 3 min ago	0.87 bp	11.6 bp −$12	23.9 bp −$239	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

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
Kraken Futures PF_WLFIUSD	−0.0434%	1h	0.05749	+0.177%	$73K	$59K	20x	as long as short
Aster WLFIUSDT	−0.0129%	4h	0.05747	+0.146%	$1.6M	$581K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05752	+0.221%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.338%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05749	+0.166%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.401%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0064%	1h	0.05741	+0.035%	$964K	$387K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0067%	8h	0.05749	+0.176%	$2K	$108	5x	as long as short
OKX WLFI-USDT-SWAPlong	+0.0080%	4h	0.05739	long leg	$7.5M	$12.7M	50x
Hyperliquid WLFI	+0.0100%	1h	0.05740	+0.021%	$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
Pacifica WLFI	+0.0100%	1h	0.05745	+0.103%	$244K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05752	+0.220%	$137.7M	$39.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05747	+0.139%	$21.0M	$17.4M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05750	+0.193%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05746	+0.122%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05749	+0.174%	$14.9M	$21.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05751	+0.209%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05745	+0.105%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05746	+0.122%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05745	+0.105%	$239K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05750	+0.188%	$445K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05750	+0.192%	$275K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	+0.192%	$33K	$42K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05742	+0.061%	$79K	$27K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	+0.192%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05749	+0.174%	$120	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05741	+0.043%	$133K	$490K	10x	as long as short
01 Exchange WLFIUSD	+0.0136%	1h	0.05748	+0.157%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05745	+0.108%	$3K	—	100x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0272%	1h	0.05751	+0.209%	$522	$11K	10x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05748	+0.157%	$4.7M	$72K	75x	as long as short
Coinbase International WLFI-PERP-INTXshort	+0.0368%	1h	0.05737	−0.035%	$32K	$16K	50x