Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.009%

Price spread now: Deribit against Variational Omni+0.430%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Deribit is 0.430% dearer against Variational Omni than usual: you sell high and buy low (spread +0.430% now, against zero (this spread has no 7-day history yet)): +$43 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni WLFI	0.05781	0.0100	pay 0.0050% / 4h	1h 56m	$451K	$33K	—
Short	Deribit WLFI_USDC-PERPETUAL	0.05806	0	get 0.0000% / 1h	56m 15s	$527	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Variational Omni. 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 Variational OmnibpFee DeribitbpOrdersPrice spread, now +0.430%Rate

Funding earned: −$21
Price spread: +0.430% → 0.000%: $43
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $15
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 55 min ago; Deribit: no order-book sample. 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 Variational Omni RFQ quote, 55 min ago	4.38 bp	doesn't fit	44.7 bp −$447	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 exchanges

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
Coinbase International WLFI-PERP-INTX	−0.0384%	1h	0.05732	−0.850%	$21K	$15K	50x	as long as short
dYdX WLFI-USD	−0.0259%	1h	0.05801	+0.349%	$6K	$10K	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.573%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUALshort	0.0000%	1h	0.05806	+0.430%	$527	$11K	10x
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05803	+0.378%	$317	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.127%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05801	+0.344%	$1.1M	$450K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05812	+0.542%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05812	+0.536%	$90K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05808	+0.466%	$10.6M	$938K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05807	+0.455%	$1.6M	$549K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05812	+0.534%	$248K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05808	+0.458%	$140.0M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05810	+0.499%	$21.7M	$19.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05803	+0.378%	$7.7M	$13.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05815	+0.589%	$7K	$10K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05810	+0.499%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05811	+0.516%	$12.8M	$20.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05811	+0.516%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05804	+0.395%	$8.0M	$3.6M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05808	+0.465%	—	$2.3M	—	as long as short
Variational Omni WLFIlong	+0.0100%	4h	0.05781	long leg	$451K	$33K	—
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05804	+0.392%	$290K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05800	+0.326%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05810	+0.499%	$39K	$1.6M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05806	+0.430%	$102	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05801	+0.336%	$175K	$1.0M	10x	as long as short
01 Exchange WLFIUSD	+0.0240%	1h	0.05814	+0.568%	$4K	$335	3x	as long as short
Backpack WLFI_USDC_PERP	+0.0287%	1h	0.05807	+0.447%	$233K	$34K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05804	+0.394%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05808	+0.465%	$4.9M	$95K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0486%	1h	0.05810	+0.502%	$97K	$130K	20x	as long as short