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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.037%
Price spread now: BloFin against Bybit−0.086%92s7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.186%+$19 on $10k
Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.086%, 7d avg +0.071%
Together, before fees+0.421%+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.157% cheaper against Bybit than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of +0.071%). If the spread goes back, that is −$16 on $10k: about 2.2 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.186% in total) that is about 5.9 days. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit WLFIUSDT0.057870.0100pay 0.0050% / 4h2h 01m$21.1M$19.5M75x
ShortBloFin WLFI-USDT0.057820.0340get 0.0170% / 4h2h 01m$4.8M$86K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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: −0.086% → +0.071%
−$15.75
Slippage, 4 orders
−$27.38
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$15.73
Costs to cover
0.504%
Break-even
9.2 days
Slippage from Bybit: live order book, 2 min ago; BloFin: 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 Bybit live order book, 2 min ago0.87 bp11.7 bp −$1235.6 bp −$356doesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago0.87 bp15.2 bp −$1525.4 bp −$25468.2 bp −$6,821doesn'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−0.0144%1h0.05737−0.864%$32K$15K50xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06046+4.469%as long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05777−0.169%$316150xas long as short
dYdX WLFI-USD+0.0026%1h0.05785−0.036%$11K$9435xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−1.227%$6K$77K5.5xas long as short
Lighter WLFI+0.0096%1h0.05779−0.138%$1.0M$459K5xas long as short
Paradex WLFI-USD-PERP+0.0099%8h0.05782−0.090%$2K$1185xas long as short
Nado WLFI-PERP+0.0100%1h0.05778−0.156%$82K$23K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05781−0.098%$10.6M$1.3M5xas long as short
Aster WLFIUSDT+0.0100%4h0.05788+0.015%$1.6M$556K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLFI+0.0100%1h0.05784−0.055%$247K$14K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05788+0.018%$139.7M$43.0M75xas long as short
Bybit WLFIUSDTlong+0.0100%4h0.05787long leg$21.1M$19.5M75x
OKX WLFI-USDT-SWAP+0.0100%4h0.05780−0.121%$7.7M$13.6M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05781−0.102%$7K$8K5xas long as short
Gate WLFI_USDT+0.0100%4h0.05786−0.017%$3.5M$3.1M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05784−0.052%$13.8M$20.5M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.057870.000%$3.3M$1.2M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05783−0.069%$7.9M$3.5M75xas long as short
BingX WLFI-USDC+0.0100%4h0.05779−0.138%$2.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05781−0.104%$240K$26K10xas long as short
Variational Omni WLFI+0.0100%4h0.05777−0.164%$452K$40Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05790+0.043%$276K$1.8M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05780−0.121%$33K$38K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05790+0.052%$39K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05780−0.121%$85$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05780−0.125%$176K$735K10xas long as short
01 Exchange WLFIUSD+0.0216%1h0.05784−0.052%$4K$3193xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0303% / S −0.1371%1h0.05775−0.200%$7K100xas long as short
BloFin WLFI-USDTshort+0.0340%4h0.05782−0.086%$4.8M$86K75x
Kraken Futures PF_WLFIUSD+0.0379%1h0.05782−0.079%$97K$90K20xas long as short
Deribit WLFI_USDC-PERPETUAL+0.0442%1h0.05784−0.052%$525$11K10xas long as short