Spread before costs (cost unknown: a leg has no order-book sample)−0.014%
7d average—if it closes, per $10,000$1funding while held, a day+$55.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WLFI_USDC_PERP | 0.05708 | −0.0179 | get 0.0022% / 1h | 18m 09s | $236K | $28K | 10x |
| Short | GMX WLFI/USD [ETH-USDC] | 0.05707 | L +0.0181% / S −0.1658% | get 0.0207% / 1h | 18m 09s | $218 | — | 100x |
Backpack WLFI_USDC_PERP
GMX WLFI/USD [ETH-USDC]Price 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
- −$1.4
- Funding while held
- $55.12
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $31.72
- Spread needed to break even
- 0.220%
Slippage unknown: Backpack: live order book, 27 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1837%
- Per $10,000 a day
- +$55.12
- 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, 27 min ago | 0.88 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.05690cheapestVariational Omni0.05699+0.153%Nado0.05699+0.167%01 Exchange0.05700+0.176%BingX0.05700+0.176%Lighter0.05701+0.193%KuCoin0.05702+0.211%Gate0.05704+0.246%SoDEX0.05704+0.246%Extended0.05704+0.247%Hyperliquid0.05705+0.264%Bybit0.05705+0.264%MEXC0.05705+0.264%Aster0.05706+0.281%OKX0.05706+0.281%gTrade (Gains Network)0.05707+0.292%
ApeX Omni
Variational Omni
Nado
BingX
Lighter
KuCoin
Gate
SoDEX
Extended
Hyperliquid
Bybit
MEXC
Aster
OKX
gTrade (Gains Network)GMX0.05707+0.302%
Backpack0.05708+0.316%
Kraken Futures0.05708+0.322%Deribit0.05709+0.334%Bitget0.05710+0.351%SunX0.05710+0.351%BloFin0.05711+0.369%Binance0.05713+0.410%dYdX0.05714+0.424%Pacifica0.05714+0.427%Arcus0.05721+0.541%Paradex0.05721+0.544%Coinbase International0.05738+0.844%Injective0.05809+2.091%
Kraken Futures
Deribit
Bitget
SunX
BloFin
Binance
dYdX
Pacifica
Arcus
Paradex
Coinbase International
InjectiveReya0.06044+6.227%
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni WLFIUSDT | −0.315% | +0.0100% | 1h | $32K | $42K | 50x | as long as short |
| Variational Omni WLFI | −0.163% | +0.0037% | 4h | $449K | $23K | — | as long as short |
| Nado WLFI-PERP | −0.149% | +0.0100% | 1h | $81K | $28K | 5x | as long as short |
| 01 Exchange WLFIUSD | −0.140% | +0.0064% | 1h | $4K | $208 | 3x | as long as short |
| BingX WLFI-USDC | −0.140% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Lighter WLFI | −0.123% | −0.0248% | 1h | $939K | $313K | 5x | as long as short |
| KuCoin WLFIUSDTM | −0.105% | +0.0100% | 4h | $3.1M | $841K | 75x | as long as short |
| Gate WLFI_USDT | −0.070% | +0.0100% | 4h | $3.4M | $2.6M | 75x | as long as short |
| SoDEX WLFI-USD | −0.070% | +0.0100% | 1h | $92 | $6K | 5x | as long as short |
| Extended WLFI-USD | −0.069% | +0.0104% | 1h | $131K | $490K | 10x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid WLFI | −0.053% | +0.0010% | 1h | $10.4M | $1.0M | 5x | as long as short |
| Bybit WLFIUSDT | −0.053% | −0.0163% | 4h | $20.4M | $15.2M | 75x | as long as short |
| MEXC WLFI_USDT | −0.053% | +0.0100% | 4h | $12.9M | $19.4M | 100x | as long as short |
| Aster WLFIUSDT | −0.036% | −0.0240% | 4h | $1.6M | $548K | 20x | as long as short |
| OKX WLFI-USDT-SWAP | −0.035% | +0.0100% | 4h | $7.6M | $11.0M | 50x | as long as short |
| gTrade (Gains Network) WLFI/USD | −0.024% | L +0.0005% / S −0.0007% | 1h | $1K | — | 150x | as long as short |
| GMX WLFI/USD [ETH-USDC]short | −0.014% | L +0.0181% / S −0.1658% | 1h | $218 | — | 100x | |
| Backpack WLFI_USDC_PERPlong | 0.000% | −0.0179% | 1h | $236K | $28K | 10x | |
| Kraken Futures PF_WLFIUSD | +0.006% | −0.0357% | 1h | $68K | $87K | 20x | as long as short |
| Deribit WLFI_USDC-PERPETUAL | +0.018% | 0.0000% | 1h | $9K | $624 | 10x | as long as short |
| Bitget WLFIUSDT | +0.035% | +0.0100% | 4h | $8.0M | $2.9M | 75x | as long as short |
| SunX WLFI-USDT | +0.035% | +0.0100% | 4h | $38K | $1.6M | 20x | as long as short |
| BloFin WLFI-USDT | +0.053% | +0.0103% | 4h | $4.8M | $56K | 75x | as long as short |
| Binance WLFIUSDT | +0.093% | +0.0100% | 4h | $136.3M | $35.6M | 75x | as long as short |
| dYdX WLFI-USD | +0.107% | 0.0000% | 1h | $11K | $970 | 5x | as long as short |
| Pacifica WLFI | +0.110% | +0.0100% | 1h | $243K | $8K | 5x | as long as short |
| Arcus WLFI-USD | +0.224% | +0.0100% | 1h | $1K | $70 | 5x | as long as short |
| Paradex WLFI-USD-PERP | +0.227% | −0.0013% | 8h | $2K | $108 | 5x | as long as short |
| Coinbase International WLFI-PERP-INTX | +0.526% | +0.0408% | 1h | $33K | $17K | 50x | as long as short |
| Injective WLFI/USDC PERP | +1.769% | +0.0033% | 1h | $6K | $49K | 5.5x | as long as short |
| Reya WLFIRUSDPERP | +5.892% | 0.0000% | 1h | — | — | — | as long as short |