Spread before costs (cost unknown: a leg has no order-book sample)+0.076%
7d average—if it closes, per $10,000$8funding while held, a day−$0.41
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid WLFI | 0.05724 | 0.0055 | pay 0.0007% / 1h | 4m 45s | $10.5M | $1.0M | 5x |
| Short | Paradex WLFI-USD-PERP | 0.05728 | 0.0042 | get 0.0042% / 8h | 4m 45s | $2K | $108 | 5x |
Hyperliquid WLFI
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
- $7.58
- Funding while held
- −$0.41
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$5.83
- Spread needed to break even
- 0.130%
Slippage unknown: Hyperliquid: live order book, 9 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0014%
- Per $10,000 a day
- −$0.41
- 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, 9 min ago | 0.52 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
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.Lighter0.05722cheapest
LighterHyperliquid0.05724+0.030%
OKX0.05724+0.035%Bitget0.05724+0.035%Extended0.05725+0.045%Bybit0.05726+0.070%Gate0.05726+0.070%BloFin0.05726+0.070%BingX0.05727+0.087%01 Exchange0.05728+0.105%Backpack0.05728+0.105%
OKX
Bitget
Extended
Bybit
Gate
BloFin
BingX
BackpackParadex0.05728+0.106%
GMX0.05728+0.107%Aster0.05728+0.110%MEXC0.05729+0.122%SoDEX0.05729+0.122%gTrade (Gains Network)0.05730+0.137%Kraken Futures0.05730+0.138%SunX0.05730+0.140%Arcus0.05731+0.149%KuCoin0.05731+0.157%Deribit0.05731+0.157%Variational Omni0.05731+0.162%Binance0.05732+0.179%Nado0.05733+0.186%Pacifica0.05733+0.194%dYdX0.05737+0.261%Coinbase International0.05738+0.280%ApeX Omni0.05740+0.315%Injective0.05809+1.520%
GMX
Aster
MEXC
SoDEX
gTrade (Gains Network)
Kraken Futures
SunX
Arcus
KuCoin
Deribit
Variational Omni
Binance
Nado
Pacifica
dYdX
Coinbase International
ApeX Omni
InjectiveReya0.06045+5.647%
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter WLFI | −0.030% | −0.0192% | 1h | $942K | $302K | 5x | as long as short |
| Hyperliquid WLFIlong | 0.000% | +0.0055% | 1h | $10.5M | $1.0M | 5x | |
| OKX WLFI-USDT-SWAP | +0.005% | +0.0100% | 4h | $7.5M | $10.5M | 50x | as long as short |
| Bitget WLFIUSDT | +0.005% | +0.0100% | 4h | $7.9M | $2.9M | 75x | as long as short |
| Extended WLFI-USD | +0.015% | +0.0104% | 1h | $132K | $490K | 10x | as long as short |
| Bybit WLFIUSDT | +0.040% | +0.0100% | 4h | $20.4M | $14.4M | 75x | as long as short |
| Gate WLFI_USDT | +0.040% | +0.0100% | 4h | $3.4M | $2.5M | 75x | as long as short |
| BloFin WLFI-USDT | +0.040% | +0.0053% | 4h | $4.8M | $56K | 75x | as long as short |
| BingX WLFI-USDC | +0.058% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| 01 Exchange WLFIUSD | +0.075% | +0.0048% | 1h | $4K | $229 | 3x | as long as short |