Spread before costs (cost unknown: a leg has no order-book sample)−0.121%
7d average—if it closes, per $10,000$12funding while held, a day+$13.75
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_WLFIUSD | 0.05674 | −0.0544 | get 0.0068% / 1h | 18m 12s | $68K | $89K | 20x |
| Short | Hyperliquid WLFI | 0.05667 | −0.0085 | pay 0.0011% / 1h | 18m 12s | $10.4M | $1.1M | 5x |
Kraken Futures PF_WLFIUSD
Hyperliquid WLFIPrice 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
- −$12.09
- Funding while held
- $13.75
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.34
- Spread needed to break even
- 0.190%
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0458%
- Per $10,000 a day
- +$13.75
- 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 6 min ago | 0.35 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: 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.Bybit0.05664cheapestLighter0.05665+0.018%OKX0.05666+0.035%Nado0.05666+0.044%Extended0.05667+0.046%Gate0.05667+0.053%Bitget0.05667+0.053%
Bybit
Lighter
OKX
Nado
Extended
Gate
BitgetHyperliquid0.05667+0.055%
Variational Omni0.05669+0.088%Pacifica0.05670+0.106%MEXC0.05670+0.106%SunX0.05670+0.106%Paradex0.05670+0.112%Binance0.05671+0.124%01 Exchange0.05671+0.124%KuCoin0.05671+0.124%Backpack0.05672+0.141%SoDEX0.05672+0.141%gTrade (Gains Network)0.05672+0.143%dYdX0.05673+0.158%Deribit0.05673+0.159%
Variational Omni
Pacifica
MEXC
SunX
Paradex
Binance
KuCoin
Backpack
SoDEX
gTrade (Gains Network)
dYdX
DeribitKraken Futures0.05674+0.176%
GMX0.05674+0.180%BingX0.05675+0.194%Arcus0.05675+0.198%Aster0.05676+0.212%BloFin0.05676+0.212%ApeX Omni0.05680+0.282%Coinbase International0.05700+0.636%Injective0.05809+2.560%
GMX
BingX
Arcus
Aster
BloFin
ApeX Omni
Coinbase International
InjectiveReya0.06045+6.732%
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit WLFIUSDT | −0.176% | +0.0100% | 4h | $20.2M | $15.6M | 75x | as long as short |
| Lighter WLFI | −0.158% | −0.0376% | 1h | $933K | $319K | 5x | as long as short |
| OKX WLFI-USDT-SWAP | −0.140% | −0.0045% | 4h | $7.4M | $11.4M | 50x | as long as short |
| Nado WLFI-PERP | −0.131% | +0.0100% | 1h | $79K | $28K | 5x | as long as short |
| Extended WLFI-USD | −0.129% | +0.0104% | 1h | $131K | $490K | 10x | as long as short |
| Gate WLFI_USDT | −0.123% | +0.0014% | 4h | $3.4M | $2.7M | 75x | as long as short |
| Bitget WLFIUSDT | −0.123% | +0.0100% | 4h | $7.9M | $3.0M | 75x | as long as short |
| Hyperliquid WLFIshort | −0.121% | −0.0085% | 1h | $10.4M | $1.1M | 5x | |
| Variational Omni WLFI | −0.088% | −0.0008% | 4h | $444K | $25K | — | as long as short |
| Pacifica WLFI | −0.070% | +0.0100% | 1h | $241K | $8K | 5x | as long as short |