Spread before costs (cost unknown: a leg has no order-book sample)+0.035%
7d average—if it closes, per $10,000$3funding while held, a day+$48.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WLFI | 0.05733 | 0.0053 | pay 0.0007% / 1h | 6m 18s | $10.5M | $1.0M | 5x |
| Short | GMX WLFI/USD [ETH-USDC] | 0.05735 | L +0.0181% / S −0.1658% | get 0.0207% / 1h | 6m 18s | $219 | — | 100x |
Hyperliquid WLFI
GMX WLFI/USD [ETH-USDC]Price 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
- $3.49
- Funding while held
- $48.17
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $30.65
- Spread needed to break even
- 0.210%
Slippage unknown: Hyperliquid: live order book, 8 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1606%
- Per $10,000 a day
- +$48.17
- 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, 8 min ago | 0.52 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.Lighter0.05730cheapestOKX0.05730cheapestExtended0.05730+0.008%Bybit0.05731+0.017%Nado0.05733+0.046%Gate0.05733+0.052%Bitget0.05733+0.052%
Lighter
OKX
Extended
Bybit
Nado
Gate
BitgetHyperliquid0.05733+0.056%
Pacifica0.05734+0.066%MEXC0.05735+0.087%SoDEX0.05735+0.087%
Pacifica
MEXC
SoDEXGMX0.05735+0.091%
Paradex0.05736+0.097%Binance0.05736+0.103%01 Exchange0.05736+0.105%BloFin0.05736+0.105%gTrade (Gains Network)0.05736+0.110%Kraken Futures0.05737+0.122%KuCoin0.05737+0.122%Deribit0.05737+0.122%Aster0.05738+0.133%Arcus0.05738+0.134%BingX0.05738+0.140%Coinbase International0.05738+0.140%SunX0.05740+0.175%Backpack0.05742+0.209%dYdX0.05742+0.216%Variational Omni0.05749+0.336%ApeX Omni0.05750+0.349%Injective0.05809+1.379%
Paradex
Binance
BloFin
gTrade (Gains Network)
Kraken Futures
KuCoin
Deribit
Aster
Arcus
BingX
Coinbase International
SunX
Backpack
dYdX
Variational Omni
ApeX Omni
InjectiveReya0.06045+5.499%
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter WLFI | −0.056% | −0.0184% | 1h | $944K | $302K | 5x | as long as short |
| OKX WLFI-USDT-SWAP | −0.056% | +0.0100% | 4h | $7.6M | $10.5M | 50x | as long as short |
| Extended WLFI-USD | −0.048% | +0.0104% | 1h | $132K | $490K | 10x | as long as short |
| Bybit WLFIUSDT | −0.038% | +0.0100% | 4h | $20.4M | $14.4M | 75x | as long as short |
| Nado WLFI-PERP | −0.009% | +0.0100% | 1h | $81K | $28K | 5x | as long as short |
| Gate WLFI_USDT | −0.003% | +0.0100% | 4h | $3.4M | $2.5M | 75x | as long as short |
| Bitget WLFIUSDT | −0.003% | +0.0100% | 4h | $8.0M | $2.9M | 75x | as long as short |
| Hyperliquid WLFIlong | 0.000% | +0.0053% | 1h | $10.5M | $1.0M | 5x | |
| Pacifica WLFI | +0.010% | +0.0100% | 1h | $244K | $6K | 5x | as long as short |
| MEXC WLFI_USDT | +0.031% | +0.0100% | 4h | $12.5M | $19.7M | 100x | as long as short |