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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.046%
Price spread now: Binance against BloFin−0.069%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.107%−$11 on $10k
Price spread, last 4 days (all we have)−0.387%−$39 · spread now −0.069%, 7d avg +0.004%
Together, before fees−0.494%−$49 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.073% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WLFI-USDT0.057840.0340pay 0.0170% / 4h3h 41m$4.9M$101K75x
ShortBinance WLFIUSDT0.057800.0100get 0.0050% / 4h3h 41m$139.6M$43.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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: −0.069% → +0.004%
−$7.32
Slippage, 4 orders
−$24.61
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$104.33
Costs to cover
0.466%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Binance: live order book, 2 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 BloFin live order book, 2 min ago0.86 bp17.3 bp −$1724.2 bp −$24272.7 bp −$7,274doesn't fit
Sell Binance live order book, 2 min ago0.86 bp9.7 bp −$1023.0 bp −$230111.0 bp −$11.1Kdoesn'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−0.0536%1h0.05732−0.899%$21K$27K50xas long as short
01 Exchange WLFIUSD−0.0280%1h0.05777−0.121%$4K$3193xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06046+4.523%as long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05776−0.145%$316150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−1.176%$6K$77K5.5xas long as short
Lighter WLFI+0.0096%1h0.05772−0.207%$1.1M$470K5xas long as short
Paradex WLFI-USD-PERP+0.0100%8h0.05775−0.159%$2K$1185xas long as short
Nado WLFI-PERP+0.0100%1h0.05776−0.138%$82K$24K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05774−0.166%$10.6M$1.3M5xas long as short
Aster WLFIUSDT+0.0100%4h0.05775−0.161%$1.6M$529K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLFI+0.0100%1h0.05774−0.169%$246K$14K5xas long as short
Binance WLFIUSDTshort+0.0100%4h0.05780−0.069%$139.6M$43.0M75x
Bybit WLFIUSDT+0.0100%4h0.05772−0.207%$21.1M$19.1M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05774−0.173%$7.7M$13.5M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05778−0.111%$7K$8K5xas long as short
Gate WLFI_USDT+0.0100%4h0.05776−0.138%$3.5M$3.0M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05780−0.069%$13.5M$19.9M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05779−0.086%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05775−0.156%$7.9M$3.5M75xas long as short
BingX WLFI-USDT+0.0100%4h0.05775−0.156%$7.4Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05779−0.086%$234K$29K10xas long as short
Variational Omni WLFI+0.0100%4h0.05778−0.112%$451K$39Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05787+0.058%$284K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05780−0.069%$34K$37K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05780−0.069%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05777−0.121%$110$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05773−0.198%$177K$1.0M10xas long as short
dYdX WLFI-USD+0.0186%1h0.05779−0.086%$11K$9435xas long as short
Deribit WLFI_USDC-PERPETUAL+0.0269%1h0.05780−0.069%$525$11K10xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0303% / S −0.1371%1h0.05783−0.026%$7K100xas long as short
BloFin WLFI-USDTlong+0.0340%4h0.05784long leg$4.9M$101K75x
Kraken Futures PF_WLFIUSD+0.2344%1h0.05782−0.043%$97K$90K20xas long as short