Spread before costs (cost unknown: a leg has no order-book sample)−0.016%
7d average—if it closes, per $10,000$2funding while held, a day−$8.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado WLFI-PERP | 0.05765 | 0.0100 | pay 0.0012% / 1h | 46m 28s | $84K | $26K | 5x |
| Short | Backpack WLFI_USDC_PERP | 0.05764 | −0.0190 | pay 0.0024% / 1h | 46m 28s | $238K | $27K | 10x |
Nado WLFI-PERP
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
- −$1.62
- Funding while held
- −$8.7
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$27.32
- Spread needed to break even
- 0.170%
Slippage unknown: Nado: no order-book sample; Backpack: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0290%
- Per $10,000 a day
- −$8.70
- 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 Nado no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 3 min ago | 0.87 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
Nado: 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.Lighter0.05762cheapestBybit0.05762cheapestExtended0.05764+0.029%Pacifica0.05764+0.035%Gate0.05764+0.035%
Lighter
Bybit
Extended
Pacifica
GateBackpack0.05764+0.035%
Nado0.05765+0.051%
BingX0.05765+0.052%GMX0.05765+0.056%Kraken Futures0.05766+0.062%Aster0.05766+0.062%OKX0.05766+0.069%KuCoin0.05766+0.069%SoDEX0.05766+0.069%Hyperliquid0.05766+0.076%gTrade (Gains Network)0.05766+0.077%Binance0.05767+0.084%Deribit0.05767+0.087%BloFin0.05768+0.104%Paradex0.05769+0.116%dYdX0.05769+0.119%01 Exchange0.05769+0.121%Bitget0.05769+0.121%Arcus0.05770+0.132%MEXC0.05770+0.139%ApeX Omni0.05770+0.139%SunX0.05770+0.139%Variational Omni0.05779+0.291%Injective0.05809+0.816%Coinbase International0.05817+0.955%Reya0.06045+4.916%
BingX
GMX
Kraken Futures
Aster
OKX
KuCoin
SoDEX
Hyperliquid
gTrade (Gains Network)
Binance
Deribit
BloFin
Paradex
dYdX
Bitget
Arcus
MEXC
ApeX Omni
SunX
Variational Omni
Injective
Coinbase International
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter WLFI | −0.051% | −0.0296% | 1h | $949K | $273K | 5x | as long as short |
| Bybit WLFIUSDT | −0.051% | +0.0100% | 4h | $20.7M | $12.8M | 75x | as long as short |
| Extended WLFI-USD | −0.022% | +0.0104% | 1h | $133K | $490K | 10x | as long as short |
| Pacifica WLFI | −0.016% | +0.0100% | 1h | $247K | $10K | 5x | as long as short |
| Gate WLFI_USDT | −0.016% | +0.0100% | 4h | $3.5M | $2.0M | 75x | as long as short |
| Backpack WLFI_USDC_PERPshort | −0.016% | −0.0190% | 1h | $238K | $27K | 10x | |
| Nado WLFI-PERPlong | 0.000% | +0.0100% | 1h | $84K | $26K | 5x | |
| BingX WLFI-USDC | +0.001% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| GMX WLFI/USD [ETH-USDC] | +0.005% | L +0.0247% / S −4.6389% | 1h | $6K | — | 100x | as long as short |
| Kraken Futures PF_WLFIUSD | +0.011% | −0.0082% | 1h | $66K | $82K | 20x | as long as short |