After costs, if the gap returns to its 7d average, $10k−$70
spread now−0.210%7d average+0.001%fees + slippage, in and out−$49spread needed0.492%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WLFI_USDC_PERP | 0.05709 | −0.0188 | get 0.0024% / 1h | 27m 02s | $236K | $28K | 10x |
| Short | Bybit WLFIUSDT | 0.05697 | −0.0476 | pay 0.0238% / 4h | 3h 27m | $20.5M | $15.2M | 75x |
Backpack WLFI_USDC_PERP
Bybit WLFIUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$21.02
- Funding while held
- −$8.63
- Slippage, 4 orders
- −$28.23
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$78.88
- Spread needed to break even
- 0.492%
Slippage from Backpack: live order book, 18 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0288%
- Per $10,000 a day
- −$8.63
- Average in range /8h
- —
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 Backpack live order book, 18 min ago | 0.88 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.88 bp | 10.7 bp −$11 | 30.6 bp −$306 | doesn't fit | doesn't fit |
WLFI price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.05697cheapest
Variational Omni0.05699+0.032%OKX0.05699+0.035%Binance0.05703+0.103%BingX0.05704+0.123%Nado0.05705+0.145%Hyperliquid0.05705+0.146%Lighter0.05706+0.158%Extended0.05707+0.176%Gate0.05707+0.176%Aster0.05708+0.196%
Variational Omni
OKX
Binance
BingX
Nado
Hyperliquid
Lighter
Extended
Gate
AsterBackpack0.05709+0.211%
Pacifica0.05710+0.228%Bitget0.05710+0.228%ApeX Omni0.05710+0.228%SunX0.05710+0.228%dYdX0.05711+0.238%MEXC0.05711+0.246%KuCoin0.05711+0.246%SoDEX0.05711+0.246%Paradex0.05711+0.253%gTrade (Gains Network)0.05713+0.274%Deribit0.05713+0.281%Kraken Futures0.05713+0.283%GMX0.05714+0.297%01 Exchange0.05714+0.298%Arcus0.05715+0.311%BloFin0.05716+0.334%Coinbase International0.05738+0.720%Injective0.05809+1.966%
Pacifica
Bitget
ApeX Omni
SunX
dYdX
MEXC
KuCoin
SoDEX
Paradex
gTrade (Gains Network)
Deribit
Kraken Futures
GMX
Arcus
BloFin
Coinbase International
InjectiveReya0.06045+6.105%
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit WLFIUSDTshort | −0.210% | −0.0476% | 4h | $20.5M | $15.2M | 75x | |
| Variational Omni WLFI | −0.178% | +0.0049% | 4h | $445K | $20K | — | as long as short |
| OKX WLFI-USDT-SWAP | −0.175% | +0.0100% | 4h | $7.5M | $11.0M | 50x | as long as short |
| Binance WLFIUSDT | −0.108% | +0.0100% | 4h | $136.0M | $35.4M | 75x | as long as short |
| BingX WLFI-USDT | −0.088% | +0.0100% | 4h | — | $7.2M | — | as long as short |
| Nado WLFI-PERP | −0.066% | +0.0100% | 1h | $81K | $28K | 5x | as long as short |
| Hyperliquid WLFI | −0.065% | +0.0052% | 1h | $10.4M | $1.0M | 5x | as long as short |
| Lighter WLFI | −0.053% | −0.0248% | 1h | $940K | $309K | 5x | as long as short |
| Extended WLFI-USD | −0.035% | +0.0104% | 1h | $131K | $490K | 10x | as long as short |
| Gate WLFI_USDT | −0.035% | +0.0100% | 4h | $3.4M | $2.6M | 75x | as long as short |