Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h −0.177%

Price spread now: Binance against dYdX−0.027%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 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

Funding pays, the price is against you. Binance is 0.027% cheaper against dYdX than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX WLFI-USD	0.05773	0.0008	pay 0.0001% / 1h	49m 14s	$11K	$943	5x
Short	Binance WLFIUSDT	0.05771	0.0100	get 0.0050% / 4h	1h 49m	$139.2M	$42.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against dYdX. 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 dYdXbpFee BinancebpOrdersPrice spread, now −0.027%Rate

Funding earned: $19.32
Price spread: −0.027% → 0.000%: −$2.69
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$3.37
Costs to cover: 0.200%
Break-even: 8.2 days

Slippage unknown: dYdX: no order-book sample; Binance: live order book, 9 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 dYdX no order-book sample	—	—	—	—	—
Sell Binance live order book, 9 min ago	0.86 bp	10.0 bp −$10	24.4 bp −$244	89.7 bp −$8,975	doesn't fit

dYdX: 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	−0.0312%	1h	0.05737	−0.615%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.732%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05771	−0.032%	$316	—	150x	as long as short
dYdX WLFI-USDlong	+0.0008%	1h	0.05773	long leg	$11K	$943	5x
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.979%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05766	−0.113%	$1.0M	$459K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05771	−0.025%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05765	−0.130%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05768	−0.080%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05769	−0.062%	$1.6M	$556K	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	0.05773	+0.005%	$246K	$14K	5x	as long as short
Binance WLFIUSDTshort	+0.0100%	4h	0.05771	−0.027%	$139.2M	$42.9M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05770	−0.043%	$21.0M	$19.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05770	−0.043%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05771	−0.023%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05772	−0.009%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05775	+0.043%	$13.8M	$20.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05770	−0.043%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05768	−0.078%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05770	−0.043%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05772	−0.009%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05763	−0.173%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05768	−0.076%	$274K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.043%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.130%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05771	−0.026%	$81	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05767	−0.096%	$173K	$737K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05767	−0.087%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0306%	1h	0.05775	+0.041%	$97K	$90K	20x	as long as short
01 Exchange WLFIUSD	+0.0320%	1h	0.05776	+0.060%	$4K	$319	3x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05775	+0.043%	$4.8M	$85K	75x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0443%	1h	0.05774	+0.026%	$524	$11K	10x	as long as short