After costs, if the gap returns to its 7d average, $10k−$37
spread now+0.012%7d average+0.016%fees + slippage, in and out−$37spread needed0.368%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WLFI | 0.05805 | 0.0100 | pay 0.0013% / 1h | 7m 08s | $10.6M | $879K | 5x |
| Short | Backpack WLFI_USDC_PERP | 0.05806 | 0.0100 | get 0.0013% / 1h | 7m 08s | $239K | $27K | 10x |
Hyperliquid WLFI
Backpack WLFI_USDC_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
- $1.21
- Funding while held
- $0
- Slippage, 4 orders
- −$17.83
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$35.63
- Spread needed to break even
- 0.368%
Slippage from Hyperliquid: live order book, 7 min ago; Backpack: live order book, 48 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Hyperliquid live order book, 7 min ago | 1.81 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 48 min ago | 0.86 bp | 9.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
WLFI price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.05796cheapestApeX Omni0.05800+0.073%Pacifica0.05802+0.108%Lighter0.05803+0.125%Extended0.05803+0.131%Aster0.05804+0.136%Bybit0.05804+0.142%MEXC0.05804+0.142%Bitget0.05804+0.142%Paradex0.05805+0.155%OKX0.05805+0.160%
Variational Omni
ApeX Omni
Pacifica
Lighter
Extended
Aster
Bybit
MEXC
Bitget
Paradex
OKXHyperliquid0.05805+0.165%
GMX0.05806+0.170%
GMXBackpack0.05806+0.177%
Nado0.05807+0.188%dYdX0.05807+0.192%gTrade (Gains Network)0.05807+0.192%Gate0.05807+0.194%Binance0.05807+0.199%01 Exchange0.05808+0.211%Arcus0.05808+0.216%KuCoin0.05809+0.229%BingX0.05809+0.229%SoDEX0.05809+0.229%Deribit0.05809+0.229%Kraken Futures0.05809+0.233%SunX0.05810+0.246%BloFin0.05810+0.246%Coinbase International0.05817+0.367%Injective0.05838+0.729%Reya0.06046+4.312%
Nado
dYdX
gTrade (Gains Network)
Gate
Binance
Arcus
KuCoin
BingX
SoDEX
Deribit
Kraken Futures
SunX
BloFin
Coinbase International
Injective
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni WLFI | −0.164% | +0.0100% | 4h | $445K | $13K | — | as long as short |
| ApeX Omni WLFIUSDT | −0.091% | +0.0100% | 1h | $33K | $34K | 50x | as long as short |
| Pacifica WLFI | −0.057% | +0.0100% | 1h | $248K | $10K | 5x | as long as short |
| Lighter WLFI | −0.040% | −0.0216% | 1h | $956K | $261K | 5x | as long as short |
| Extended WLFI-USD | −0.034% | +0.0104% | 1h | $133K | $490K | 10x | as long as short |
| Aster WLFIUSDT | −0.028% | −0.0067% | 4h | $1.7M | $333K | 20x | as long as short |
| Bybit WLFIUSDT | −0.022% | +0.0100% | 4h | $21.2M | $12.1M | 75x | as long as short |
| MEXC WLFI_USDT | −0.022% | +0.0100% | 4h | $14.7M | $19.1M | 100x | as long as short |
| Bitget WLFIUSDT | −0.022% | +0.0100% | 4h | $7.8M | $2.4M | 75x | as long as short |
| Paradex WLFI-USD-PERP | −0.009% | +0.0069% | 8h | $2K | $108 | 5x | as long as short |