Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0246%/8h= +26.9% APRpaid last 24h +0.041%

Price spread now: BloFin against Deribit+0.017%57s7-day average — · you sell dearer than you buy

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

Long on Deribit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit WLFI_USDC-PERPETUAL	0.05812	0.0094	pay 0.0012% / 1h	48m 09s	$527	$11K	10x
Short	BloFin WLFI-USDT	0.05813	0.0340	get 0.0170% / 4h	1h 48m	$4.9M	$96K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Deribit. 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 DeribitbpFee BloFinbpOrdersPrice spread, now +0.017%Rate

Funding earned: $51.6
Price spread: +0.017% → 0.000%: $1.72
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: $34.32
Costs to cover: 0.190%
Break-even: 2.3 days

Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 3 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell BloFin live order book, 3 min ago	0.86 bp	12.4 bp −$12	22.0 bp −$220	70.5 bp −$7,045	doesn't fit

Deribit: 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 exchanges

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	−0.0384%	1h	0.05732	−1.376%	$21K	$15K	50x	as long as short
dYdX WLFI-USD	−0.0303%	1h	0.05810	−0.042%	$6K	$11K	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.019%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05807	−0.084%	$318	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.652%	$6K	$77K	5.5x	as long as short
Deribit WLFI_USDC-PERPETUALlong	+0.0094%	1h	0.05812	long leg	$527	$11K	10x
Lighter WLFI	+0.0096%	1h	0.05805	−0.120%	$1.1M	$451K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05805	−0.123%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05808	−0.069%	$90K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05812	−0.007%	$10.6M	$923K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05806	−0.103%	$1.6M	$542K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05808	−0.074%	$248K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05811	−0.010%	$140.0M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05818	+0.103%	$21.7M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05811	−0.017%	$7.7M	$13.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05809	−0.055%	$7K	$10K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05812	0.000%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05818	+0.103%	$13.0M	$20.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05811	−0.017%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05818	+0.103%	$8.0M	$3.6M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05810	−0.034%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05813	+0.017%	$234K	$34K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05806	−0.103%	$453K	$33K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05810	−0.034%	$281K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05810	−0.034%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05820	+0.138%	$39K	$1.6M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05810	−0.034%	$97	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05808	−0.076%	$174K	$1.0M	10x	as long as short
01 Exchange WLFIUSD	+0.0120%	1h	0.05806	−0.103%	$4K	$335	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05812	−0.002%	$7K	—	100x	as long as short
BloFin WLFI-USDTshort	+0.0340%	4h	0.05813	+0.017%	$4.9M	$96K	75x
Kraken Futures PF_WLFIUSD	+0.0485%	1h	0.05815	+0.052%	$97K	$130K	20x	as long as short