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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Hyperliquid against BingX−0.019%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$580.579% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WLFI-USDC0.057660.0100pay 0.0050% / 4h1h 34m$2.3M
ShortHyperliquid WLFI0.057650.0100get 0.0013% / 1h34m 39s$10.5M$1.3M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BingX. 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
$0
Price spread: −0.019% → 0.000%
−$1.91
Slippage, 4 orders
−$38.89
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$59.8
Costs to cover
0.579%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Hyperliquid: live order book, 8 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 BingX live order book, 3 min ago3.47 bp16.2 bp −$1669.8 bp −$698doesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago0.69 bp7.9 bp −$8doesn't fitdoesn'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
Coinbase International WLFI-PERP-INTX−0.0312%1h0.05737−0.503%$32K$15K50xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06045+4.847%as long as short
dYdX WLFI-USD+0.0003%1h0.05767+0.015%$11K$9435xas long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05770+0.063%$315150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−0.867%$6K$77K5.5xas long as short
Lighter WLFI+0.0096%1h0.05762−0.069%$1.0M$461K5xas long as short
Paradex WLFI-USD-PERP+0.0099%8h0.05763−0.052%$2K$1185xas long as short
Nado WLFI-PERP+0.0100%1h0.05769+0.059%$82K$24K5xas long as short
Hyperliquid WLFIshort+0.0100%1h0.05765−0.019%$10.5M$1.3M5x
Aster WLFIUSDT+0.0100%4h0.05764−0.036%$1.6M$535K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLFI+0.0100%1h0.05766−0.007%$246K$14K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05770+0.070%$139.2M$42.7M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05762−0.069%$21.0M$19.4M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05765−0.017%$7.7M$13.5M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05768+0.031%$7K$8K5xas long as short
Gate WLFI_USDT+0.0100%4h0.05765−0.017%$3.5M$3.1M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05768+0.035%$13.7M$20.0M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05767+0.017%$3.3M$1.2M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05762−0.069%$7.9M$3.5M75xas long as short
BingX WLFI-USDClong+0.0100%4h0.05766long leg$2.3M
Backpack WLFI_USDC_PERP+0.0100%1h0.05772+0.104%$240K$26K10xas long as short
Variational Omni WLFI+0.0100%4h0.05764−0.026%$451K$40Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05773+0.124%$285K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05760−0.104%$33K$38K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05780+0.243%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05771+0.087%$86$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05763−0.050%$173K$738K10xas long as short
Deribit WLFI_USDC-PERPETUAL+0.0270%1h0.05773+0.121%$524$11K10xas long as short
01 Exchange WLFIUSD+0.0288%1h0.05770+0.069%$4K$3193xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0303% / S −0.1371%1h0.05767+0.012%$7K100xas long as short
Kraken Futures PF_WLFIUSD+0.0306%1h0.05775+0.152%$97K$90K20xas long as short
BloFin WLFI-USDT+0.0340%4h0.05773+0.121%$4.8M$85K75xas long as short