Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h −0.006%

Price spread now: Bybit against 01 Exchange−0.105%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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. Bybit is 0.105% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.105% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 4.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange WLFIUSD	0.05737	0.0016	pay 0.0002% / 1h	14m 14s	$4K	$319	3x
Short	Bybit WLFIUSDT	0.05731	0.0100	get 0.0050% / 4h	1h 14m	$20.8M	$17.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against 01 Exchange. 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 01 ExchangebpFee BybitbpOrdersPrice spread, now −0.105%Rate

Funding earned: $17.64
Price spread: −0.105% → 0.000%: −$10.46
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$10.82
Costs to cover: 0.180%
Break-even: 11.3 days

Slippage unknown: 01 Exchange: no order-book sample; Bybit: live order book, 4 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Bybit live order book, 4 min ago	0.87 bp	6.4 bp −$6	11.7 bp −$117	doesn't fit	doesn't fit

01 Exchange: 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
Kraken Futures PF_WLFIUSD	−0.0702%	1h	0.05736	−0.022%	$73K	$67K	20x	as long as short
Aster WLFIUSDT	−0.0262%	4h	0.05741	+0.074%	$1.6M	$576K	20x	as long as short
Lighter WLFI	−0.0192%	1h	0.05729	−0.139%	$954K	$379K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05729	−0.144%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.376%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05738	+0.017%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05736	−0.018%	$314	—	150x	as long as short
OKX WLFI-USDT-SWAP	+0.0010%	4h	0.05731	−0.105%	$7.5M	$12.6M	50x	as long as short
01 Exchange WLFIUSDlong	+0.0016%	1h	0.05737	long leg	$4K	$319	3x
Paradex WLFI-USD-PERP	+0.0032%	8h	0.05736	−0.014%	$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
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	−0.366%	$6K	$77K	5.5x	as long as short
Gate WLFI_USDT	+0.0098%	4h	0.05734	−0.052%	$3.4M	$2.8M	75x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05733	−0.073%	$443K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05730	−0.123%	$79K	$31K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05732	−0.082%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05735	−0.044%	$244K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05740	+0.057%	$137.5M	$39.0M	75x	as long as short
Bybit WLFIUSDTshort	+0.0100%	4h	0.05731	−0.105%	$20.8M	$17.2M	75x
Arcus WLFI-USD	+0.0100%	1h	0.05737	0.000%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05733	−0.070%	$14.9M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05736	−0.017%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05732	−0.087%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05734	−0.052%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05735	−0.035%	$239K	$29K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05730	−0.122%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	+0.052%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.052%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05736	−0.017%	$131	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05730	−0.116%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05735	−0.044%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05742	+0.087%	$4.7M	$77K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	0.000%	$32K	$16K	50x	as long as short