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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0384%/8h= −42.0% APRnext payment $0.48 per $10,000 · paid last 24h −0.003%
Price spread now: Coinbase International against Deribit−1.359%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Coinbase International is 1.359% cheaper against Deribit than usual: you would sell low and buy high (−$136 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit WLFI_USDC-PERPETUAL0.058110get 0.0000% / 1h49m 52s$527$11K10x
ShortCoinbase International WLFI-PERP-INTX0.05732−0.0384pay 0.0048% / 1h49m 52s$21K$15K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
−$80.64
Price spread: −1.359% → 0.000%
−$135.95
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$233.59
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Coinbase International no order-book sample
Deribit and 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 on 32 exchanges

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-INTXshort−0.0384%1h0.05732−1.359%$21K$15K50x
dYdX WLFI-USD−0.0215%1h0.05804−0.120%$6K$11K5xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06046+4.036%as long as short
Deribit WLFI_USDC-PERPETUALlong0.0000%1h0.05811long leg$527$11K10x
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05804−0.127%$317150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−1.635%$6K$77K5.5xas long as short
Lighter WLFI+0.0096%1h0.05803−0.138%$1.1M$451K5xas long as short
Paradex WLFI-USD-PERP+0.0099%8h0.05806−0.091%$2K$1185xas long as short
Nado WLFI-PERP+0.0100%1h0.05810−0.017%$90K$27K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05806−0.079%$10.6M$923K5xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLFIUSDT+0.0100%4h0.05805−0.098%$1.6M$549K20xas long as short
Pacifica WLFI+0.0100%1h0.05809−0.036%$248K$15K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05812+0.024%$140.1M$43.0M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05804−0.120%$21.6M$19.4M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05807−0.069%$7.7M$13.8M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05811+0.009%$7K$10K5xas long as short
Gate WLFI_USDT+0.0100%4h0.05807−0.069%$3.5M$3.1M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05812+0.017%$13.1M$20.1M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05809−0.034%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05809−0.034%$8.0M$3.6M75xas long as short
BingX WLFI-USDC+0.0100%4h0.05803−0.138%$2.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05809−0.034%$234K$34K10xas long as short
Variational Omni WLFI+0.0100%4h0.05806−0.086%$453K$33Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05810−0.017%$281K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05810−0.017%$34K$38K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05820+0.155%$39K$1.6M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05810−0.017%$100$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05807−0.076%$174K$1.0M10xas long as short
01 Exchange WLFIUSD+0.0128%1h0.05810−0.017%$4K$3353xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0303% / S −0.1371%1h0.05805−0.108%$7K100xas long as short
BloFin WLFI-USDT+0.0340%4h0.05812+0.017%$4.9M$95K75xas long as short
Kraken Futures PF_WLFIUSD+0.0486%1h0.05814+0.047%$97K$130K20xas long as short