Spread before costs (cost unknown: a leg has no order-book sample)+0.110%
7d average—if it closes, per $10,000$11funding while held, a day−$9.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International WLFI-PERP-INTX | 0.05738 | 0.0352 | pay 0.0044% / 1h | 10m 50s | $33K | $17K | 50x |
| Short | Hyperliquid WLFI | 0.05744 | 0.0051 | get 0.0006% / 1h | 10m 50s | $10.5M | $1.0M | 5x |
Coinbase International WLFI-PERP-INTX
Hyperliquid WLFIPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $10.98
- Funding while held
- −$9.04
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.06
- Spread needed to break even
- 0.190%
Slippage unknown: Coinbase International: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0301%
- Per $10,000 a day
- −$9.04
- Average in range /8h
- —
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 3 min ago | 0.52 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: 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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.05738cheapest
Lighter0.05740+0.035%OKX0.05742+0.070%
Lighter
OKXHyperliquid0.05744+0.110%
dYdX0.05745+0.122%Bitget0.05745+0.122%Pacifica0.05745+0.125%Bybit0.05746+0.139%BingX0.05747+0.157%Paradex0.05748+0.168%MEXC0.05749+0.192%Variational Omni0.05749+0.196%Nado0.05749+0.200%ApeX Omni0.05750+0.209%Extended0.05750+0.211%Gate0.05751+0.227%Aster0.05751+0.229%KuCoin0.05752+0.244%Backpack0.05752+0.244%Binance0.05753+0.253%Arcus0.05753+0.265%gTrade (Gains Network)0.05753+0.269%GMX0.05755+0.295%01 Exchange0.05755+0.296%SoDEX0.05755+0.296%Kraken Futures0.05755+0.301%Deribit0.05757+0.331%BloFin0.05758+0.349%SunX0.05760+0.383%Injective0.05809+1.237%
dYdX
Bitget
Pacifica
Bybit
BingX
Paradex
MEXC
Variational Omni
Nado
ApeX Omni
Extended
Gate
Aster
KuCoin
Backpack
Binance
Arcus
gTrade (Gains Network)
GMX
SoDEX
Kraken Futures
Deribit
BloFin
SunX
InjectiveReya0.06045+5.354%
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International WLFI-PERP-INTXlong | 0.000% | +0.0352% | 1h | $33K | $17K | 50x | |
| Lighter WLFI | +0.035% | −0.0176% | 1h | $945K | $301K | 5x | as long as short |
| OKX WLFI-USDT-SWAP | +0.070% | +0.0100% | 4h | $7.6M | $10.4M | 50x | as long as short |
| Hyperliquid WLFIshort | +0.110% | +0.0051% | 1h | $10.5M | $1.0M | 5x | |
| dYdX WLFI-USD | +0.122% | +0.2410% | 1h | $11K | $970 | 5x | as long as short |
| Bitget WLFIUSDT | +0.122% | +0.0100% | 4h | $8.0M | $2.9M | 75x | as long as short |
| Pacifica WLFI | +0.125% | +0.0100% | 1h | $245K | $12K | 5x | as long as short |
| Bybit WLFIUSDT | +0.139% | +0.0100% | 4h | $20.4M | $14.3M | 75x | as long as short |
| BingX WLFI-USDC | +0.157% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Paradex WLFI-USD-PERP | +0.168% | +0.0041% | 8h | $2K | $108 | 5x | as long as short |