Settings8H · net · $10k
Funding arb · Price arb /

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.012%
Price spread now: BloFin against Backpack−0.017%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$540.537% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.314%+$31 on $10k
Price spread, last 3 days (all we have)+0.218%+$22 · spread now −0.017%, 7d avg +0.067%
Together, before fees+0.532%+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.084% cheaper against Backpack than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.067%). If the spread goes back, that is −$8 on $10k: about 28 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack WLFI_USDC_PERP0.057240.0100pay 0.0013% / 1h55m 02s$238K$28K10x
ShortBloFin WLFI-USDT0.057230.0340get 0.0170% / 4h3h 55m$4.7M$77K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Backpack. 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

Funding earned
$50.4
Price spread: −0.017% → +0.067%
−$8.42
Slippage, 4 orders
−$31.68
Fee Backpack: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$11.7
Costs to cover
0.537%
Break-even
8.6 days
Slippage from Backpack: live order book, 18 min ago; BloFin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 18 min ago0.87 bp8.9 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago2.62 bp20.6 bp −$2135.5 bp −$355doesn't fitdoesn't fit

WLFI on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter WLFI−0.0240%1h0.05718−0.105%$967K$380K5xas long as short
Kraken Futures PF_WLFIUSD−0.0110%1h0.05726+0.029%$73K$50K20xas long as short
Aster WLFIUSDT−0.0042%4h0.05723−0.017%$1.6M$587K20xas long as short
dYdX WLFI-USD0.0000%1h0.05725+0.009%$11K$9705xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06045+5.613%as long as short
Deribit WLFI_USDC-PERPETUAL0.0000%1h0.05725+0.017%$520$11K10xas long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05722−0.039%$313150xas long as short
01 Exchange WLFIUSD+0.0024%1h0.057240.000%$4K$3193xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−0.140%$6K$77K5.5xas long as short
Paradex WLFI-USD-PERP+0.0079%8h0.05722−0.032%$2K$1085xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WLFI-PERP+0.0100%1h0.05722−0.026%$79K$26K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05721−0.045%$10.5M$1.3M5xas long as short
Pacifica WLFI+0.0100%1h0.05720−0.068%$245K$13K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05726+0.028%$137.1M$40.2M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05719−0.087%$20.8M$17.8M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05723−0.017%$7.5M$12.8M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05726+0.033%$1K$7535xas long as short
Gate WLFI_USDT+0.0100%4h0.05722−0.035%$3.5M$2.8M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05722−0.035%$14.5M$21.3M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05723−0.017%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05723−0.017%$8.0M$3.2M75xas long as short
BingX WLFI-USDT+0.0100%4h0.05723−0.017%$7.2Mas long as short
Backpack WLFI_USDC_PERPlong+0.0100%1h0.05724long leg$238K$28K10x
Variational Omni WLFI+0.0100%4h0.05718−0.110%$443K$31Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05728+0.077%$276K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05720−0.070%$33K$42K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05730+0.105%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05725+0.017%$106$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05721−0.045%$133K$488K10xas long as short
Coinbase International WLFI-PERP-INTX+0.0232%1h0.05737+0.227%$32K$16K50xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0252% / S −0.0496%1h0.05723−0.014%$3K100xas long as short
BloFin WLFI-USDTshort+0.0340%4h0.05723−0.017%$4.7M$77K75x