Spread before costs (cost unknown: a leg has no order-book sample)+0.137%
7d average—if it closes, per $10,000$14funding while held, a day+$48.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WLFI-USDT-SWAP | 0.05687 | 0.0047 | pay 0.0023% / 4h | 2h 48m | $7.5M | $11.5M | 50x |
| Short | GMX WLFI/USD [ETH-USDC] | 0.05695 | L +0.0181% / S −0.1658% | get 0.0207% / 1h | 48m 33s | $218 | — | 100x |
OKX WLFI-USDT-SWAP
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
- $13.72
- Funding while held
- $48.34
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $40.06
- Spread needed to break even
- 0.220%
Slippage unknown: OKX: live order book, 1 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1611%
- Per $10,000 a day
- +$48.34
- 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 OKX live order book, 1 min ago | 0.88 bp | 10.4 bp −$10 | 26.4 bp −$264 | 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.Lighter0.05685cheapestExtended0.05686+0.009%
Lighter
ExtendedOKX0.05687+0.035%
Hyperliquid0.05687+0.042%Pacifica0.05688+0.053%Variational Omni0.05690+0.084%Paradex0.05690+0.084%Backpack0.05690+0.088%ApeX Omni0.05690+0.088%Bybit0.05691+0.106%Gate0.05691+0.106%SoDEX0.05691+0.106%Kraken Futures0.05692+0.115%Nado0.05692+0.119%01 Exchange0.05693+0.141%Bitget0.05693+0.141%Arcus0.05693+0.146%KuCoin0.05694+0.158%dYdX0.05694+0.159%gTrade (Gains Network)0.05695+0.168%
Hyperliquid
Pacifica
Variational Omni
Paradex
Backpack
ApeX Omni
Bybit
Gate
SoDEX
Kraken Futures
Nado
Bitget
Arcus
KuCoin
dYdX
gTrade (Gains Network)GMX0.05695+0.172%
Aster0.05695+0.176%Deribit0.05695+0.176%BingX0.05696+0.193%Binance0.05696+0.199%MEXC0.05697+0.211%BloFin0.05697+0.211%SunX0.05700+0.264%Coinbase International0.05738+0.932%Injective0.05809+2.181%
Aster
Deribit
BingX
Binance
MEXC
BloFin
SunX
Coinbase International
InjectiveReya0.06045+6.334%
ReyaWLFI on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter WLFI | −0.035% | −0.0448% | 1h | $936K | $312K | 5x | as long as short |
| Extended WLFI-USD | −0.026% | +0.0104% | 1h | $132K | $490K | 10x | as long as short |
| OKX WLFI-USDT-SWAPlong | 0.000% | +0.0047% | 4h | $7.5M | $11.5M | 50x | |
| Hyperliquid WLFI | +0.007% | −0.0010% | 1h | $10.4M | $1.1M | 5x | as long as short |
| Pacifica WLFI | +0.018% | +0.0100% | 1h | $242K | $8K | 5x | as long as short |
| Variational Omni WLFI | +0.048% | +0.0031% | 4h | $445K | $25K | — | as long as short |
| Paradex WLFI-USD-PERP | +0.049% | −0.0061% | 8h | $2K | $108 | 5x | as long as short |
| Backpack WLFI_USDC_PERP | +0.053% | +0.0100% | 1h | $235K | $29K | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.053% | +0.0100% | 1h | $33K | $44K | 50x | as long as short |
| Bybit WLFIUSDT | +0.070% | +0.0100% | 4h | $20.3M | $15.7M | 75x | as long as short |