Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.056%

Price spread now: Paradex against BloFin−0.123%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Paradex is 0.123% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLFI-USDT	0.05775	0.0340	pay 0.0170% / 4h	3h 37m	$4.9M	$101K	75x
Short	Paradex WLFI-USD-PERP	0.05768	0.0100	get 0.0100% / 8h	7h 37m	$2K	$118	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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

Position, each leg$Hold fordaysFee BloFinbpFee ParadexbpOrdersPrice spread, now −0.123%Rate

Funding earned: −$50.41
Price spread: −0.123% → 0.000%: −$12.32
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$78.73
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 6 min ago; Paradex: no order-book sample. Net counts fees only.

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 BloFin live order book, 6 min ago	0.86 bp	17.3 bp −$17	24.2 bp −$242	72.7 bp −$7,274	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International WLFI-PERP-INTX	−0.0536%	1h	0.05732	−0.745%	$21K	$27K	50x	as long as short
01 Exchange WLFIUSD	−0.0216%	1h	0.05771	−0.069%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.686%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05769	−0.102%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.022%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05765	−0.173%	$1.0M	$470K	5x	as long as short
Paradex WLFI-USD-PERPshort	+0.0100%	8h	0.05768	−0.123%	$2K	$118	5x
Nado WLFI-PERP	+0.0100%	1h	0.05769	−0.104%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05769	−0.109%	$10.6M	$1.2M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05766	−0.148%	$1.6M	$527K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05769	−0.104%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05773	−0.041%	$139.5M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05764	−0.190%	$21.1M	$19.1M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05768	−0.121%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05771	−0.071%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05770	−0.087%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05770	−0.087%	$13.5M	$19.9M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05770	−0.087%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05767	−0.139%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05771	−0.069%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05769	−0.104%	$234K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05770	−0.094%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05773	−0.038%	$285K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.087%	$33K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.087%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05770	−0.087%	$106	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05767	−0.131%	$177K	$1.0M	10x	as long as short
dYdX WLFI-USD	+0.0152%	1h	0.05773	−0.037%	$11K	$943	5x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05766	−0.158%	$7K	—	100x	as long as short
BloFin WLFI-USDTlong	+0.0340%	4h	0.05775	long leg	$4.9M	$101K	75x
Deribit WLFI_USDC-PERPETUAL	+0.0443%	1h	0.05774	−0.017%	$524	$11K	10x	as long as short
Kraken Futures PF_WLFIUSD	+0.2347%	1h	0.05774	−0.021%	$97K	$90K	20x	as long as short