Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0210%/8h= +23.0% APRpaid last 24h +0.100%

Price spread now: OKX against Kraken Futures−0.047%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.217%+$22 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. OKX is 0.047% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 18 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.217% in total) that is about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WLFIUSD	0.05734	−0.0110	get 0.0014% / 1h	47m 51s	$73K	$49K	20x
Short	OKX WLFI-USDT-SWAP	0.05731	0.0100	get 0.0050% / 4h	3h 47m	$7.6M	$12.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee OKXbpOrdersPrice spread, now −0.047%Rate

Funding earned: $44.07
Price spread: −0.047% → 0.000%: −$4.71
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: $19.36
Costs to cover: 0.200%
Break-even: 3.9 days

Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, just now. Net counts fees only.

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 OKX live order book, just now	0.87 bp	12.0 bp −$12	25.1 bp −$251	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 on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter WLFI	−0.0208%	1h	0.05727	−0.117%	$975K	$387K	5x	as long as short
Kraken Futures PF_WLFIUSDlong	−0.0110%	1h	0.05734	long leg	$73K	$49K	20x
Aster WLFIUSDT	−0.0038%	4h	0.05732	−0.035%	$1.6M	$585K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05729	−0.090%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.435%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05734	+0.005%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05731	−0.045%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.309%	$6K	$77K	5.5x	as long as short
01 Exchange WLFIUSD	+0.0080%	1h	0.05734	+0.005%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0082%	8h	0.05735	+0.020%	$2K	$108	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05731	−0.038%	$79K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05731	−0.054%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05732	−0.035%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05736	+0.043%	$137.4M	$39.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05730	−0.065%	$20.9M	$17.7M	75x	as long as short
OKX WLFI-USDT-SWAPshort	+0.0100%	4h	0.05731	−0.047%	$7.6M	$12.7M	50x
Arcus WLFI-USD	+0.0100%	1h	0.05736	+0.035%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05733	−0.012%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05734	+0.005%	$14.5M	$21.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05731	−0.047%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05732	−0.030%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05732	−0.030%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05735	+0.023%	$239K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05727	−0.124%	$443K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05730	−0.065%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.065%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.110%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05734	+0.005%	$104	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05731	−0.044%	$133K	$564K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	+0.058%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05733	−0.014%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05733	−0.012%	$4.7M	$77K	75x	as long as short