Spread before costs (cost unknown: a leg has no order-book sample)−0.153%
7d average—if it closes, per $10,000$15funding while held, a day−$4.65
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WLFI/USD [ETH-USDC] | 0.05744 | L +0.0181% / S −0.1658% | pay 0.0023% / 1h | 54m 46s | $219 | — | 100x |
| Short | Paradex WLFI-USD-PERP | 0.05735 | 0.0026 | get 0.0026% / 8h | 7h 54m | $2K | $108 | 5x |
GMX WLFI/USD [ETH-USDC]
Paradex WLFI-USD-PERPPrice 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
- −$15.26
- Funding while held
- −$4.65
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$35.9
- Spread needed to break even
- 0.160%
Slippage unknown: GMX: no order-book sample; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0155%
- Per $10,000 a day
- −$4.65
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
GMX and Paradex: 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.ApeX Omni0.05720cheapestBybit0.05730+0.175%OKX0.05731+0.192%Lighter0.05732+0.210%MEXC0.05733+0.227%Pacifica0.05735+0.255%
ApeX Omni
Bybit
OKX
Lighter
MEXC
PacificaParadex0.05735+0.259%
Hyperliquid0.05735+0.260%Variational Omni0.05735+0.270%Bitget0.05736+0.280%Binance0.05736+0.285%Coinbase International0.05738+0.315%Nado0.05738+0.323%KuCoin0.05739+0.332%Backpack0.05739+0.332%BloFin0.05739+0.332%Gate0.05740+0.350%BingX0.05741+0.367%Extended0.05742+0.382%SoDEX0.05742+0.385%gTrade (Gains Network)0.05742+0.389%Kraken Futures0.05742+0.392%01 Exchange0.05743+0.402%
Hyperliquid
Variational Omni
Bitget
Binance
Coinbase International
Nado
KuCoin
Backpack
BloFin
Gate
BingX
Extended
SoDEX
gTrade (Gains Network)
Kraken FuturesGMX0.05744+0.413%
Deribit0.05744+0.420%Aster0.05745+0.437%Arcus0.05745+0.446%dYdX0.05748+0.497%SunX0.05750+0.524%Injective0.05809+1.556%
Deribit
Aster
Arcus
dYdX
SunX
InjectiveReya0.06045+5.683%
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni WLFIUSDT | −0.411% | +0.0072% | 1h | $33K | $40K | 50x | as long as short |
| Bybit WLFIUSDT | −0.237% | +0.0100% | 4h | $20.5M | $14.5M | 75x | as long as short |
| OKX WLFI-USDT-SWAP | −0.219% | +0.0100% | 4h | $7.6M | $10.6M | 50x | as long as short |
| Lighter WLFI | −0.202% | −0.0048% | 1h | $944K | $304K | 5x | as long as short |
| MEXC WLFI_USDT | −0.185% | +0.0100% | 4h | $12.4M | $19.3M | 100x | as long as short |
| Pacifica WLFI | −0.157% | +0.0100% | 1h | $244K | $6K | 5x | as long as short |
| Paradex WLFI-USD-PERPshort | −0.153% | +0.0026% | 8h | $2K | $108 | 5x | |
| Hyperliquid WLFI | −0.151% | +0.0100% | 1h | $10.5M | $1.0M | 5x | as long as short |
| Variational Omni WLFI | −0.142% | +0.0100% | 4h | $448K | $20K | — | as long as short |
| Bitget WLFIUSDT | −0.132% | +0.0100% | 4h | $8.0M | $2.9M | 75x | as long as short |