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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.023%
Price spread now: BloFin against Bitget+0.191%65s7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.557% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.199%+$20 on $10k
Price spread, last 3 days (all we have)−0.017%−$2 · spread now +0.191%, 7d avg +0.081%
Together, before fees+0.182%+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.110% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.081%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget WLFIUSDT0.057610.0100pay 0.0050% / 4h3h 30m$8.0M$3.2M75x
ShortBloFin WLFI-USDT0.057720.0340get 0.0170% / 4h3h 30m$4.8M$77K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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: +0.191% → +0.081%
$10.98
Slippage, 4 orders
−$31.69
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$5.69
Costs to cover
0.557%
Break-even
6.2 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 3 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 Bitget live order book, 3 min ago2.60 bp13.4 bp −$1328.3 bp −$283doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.87 bp21.6 bp −$2238.2 bp −$382doesn'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
Kraken Futures PF_WLFIUSD−0.0109%1h0.05761+0.001%$73K$49K20xas long as short
dYdX WLFI-USD0.0000%1h0.05770+0.149%$11K$9705xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06045+4.936%as long as short
Deribit WLFI_USDC-PERPETUAL0.0000%1h0.057610.000%$523$11K10xas long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05759−0.029%$315150xas long as short
Lighter WLFI+0.0008%1h0.05752−0.156%$990K$397K5xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−0.781%$6K$77K5.5xas long as short
Aster WLFIUSDT+0.0037%4h0.05758−0.059%$1.6M$587K20xas long as short
Paradex WLFI-USD-PERP+0.0085%8h0.05764+0.053%$2K$1085xas long as short
Nado WLFI-PERP+0.0100%1h0.05761+0.009%$80K$26K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WLFI+0.0100%1h0.05757−0.073%$10.5M$1.3M5xas long as short
Pacifica WLFI+0.0100%1h0.05761+0.009%$247K$13K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05758−0.049%$138.0M$40.0M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05752−0.156%$21.2M$17.7M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05756−0.087%$7.6M$12.8M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05766+0.082%$1K$7535xas long as short
Gate WLFI_USDT+0.0100%4h0.05763+0.035%$3.5M$2.8M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05758−0.052%$14.3M$21.4M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05762+0.017%$3.3M$1.1M75xas long as short
Bitget WLFIUSDTlong+0.0100%4h0.05761long leg$8.0M$3.2M75x
BingX WLFI-USDT+0.0100%4h0.05759−0.035%$7.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05760−0.017%$240K$27K10xas long as short
Variational Omni WLFI+0.0100%4h0.05768+0.115%$447K$31Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05747−0.246%$278K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05760−0.017%$33K$42K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05760−0.017%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05760−0.017%$113$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05757−0.073%$133K$663K10xas long as short
01 Exchange WLFIUSD+0.0136%1h0.05760−0.017%$4K$3193xas long as short
Coinbase International WLFI-PERP-INTX+0.0232%1h0.05737−0.417%$32K$16K50xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0252% / S −0.0496%1h0.05755−0.106%$3K100xas long as short
BloFin WLFI-USDTshort+0.0340%4h0.05772+0.191%$4.8M$77K75x