Funding arb · Price arb /

WLFI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%

Price spread now: Hyperliquid against Arcus−0.084%7-day average — · you buy dearer than you sell

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

Long on Arcus Short on Hyperliquid

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.084% cheaper against Arcus than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus WLFI-USD	0.05728	0.0100	pay 0.0013% / 1h	58m 30s	$1K	$10	5x
Short	Hyperliquid WLFI	0.05723	0.0100	get 0.0013% / 1h	58m 30s	$10.5M	$1.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Arcus. 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 ArcusbpFee HyperliquidbpOrdersPrice spread, now −0.084%Rate

Funding earned: $0
Price spread: −0.084% → 0.000%: −$8.38
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$21.88
Costs to cover: 0.135%
Break-even: never at this rate

Slippage unknown: Arcus: no order-book sample; Hyperliquid: 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 Arcus no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 4 min ago	0.79 bp	8.8 bp −$9	doesn't fit	doesn't fit	doesn't fit

Arcus: 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	−0.0590%	1h	0.05726	−0.036%	$73K	$92K	20x	as long as short
Aster WLFIUSDT	−0.0251%	4h	0.05724	−0.063%	$1.6M	$571K	20x	as long as short
Lighter WLFI	−0.0080%	1h	0.05719	−0.150%	$942K	$364K	5x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	−0.098%	$6K	$64K	5.5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05720	−0.132%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.555%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05727	−0.010%	$10K	$624	10x	as long as short
OKX WLFI-USDT-SWAP	+0.0004%	4h	0.05720	−0.133%	$7.5M	$12.4M	50x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05725	−0.047%	$313	—	150x	as long as short
Paradex WLFI-USD-PERP	+0.0037%	8h	0.05726	−0.028%	$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
01 Exchange WLFIUSD	+0.0064%	1h	0.05728	+0.007%	$4K	$319	3x	as long as short
Variational Omni WLFI	+0.0084%	4h	0.05718	−0.175%	$442K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05720	−0.124%	$79K	$30K	5x	as long as short
Hyperliquid WLFIshort	+0.0100%	1h	0.05723	−0.084%	$10.5M	$1.2M	5x
Pacifica WLFI	+0.0100%	1h	0.05723	−0.080%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05726	−0.028%	$136.9M	$39.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05720	−0.133%	$20.6M	$17.1M	75x	as long as short
Arcus WLFI-USDlong	+0.0100%	1h	0.05728	long leg	$1K	$10	5x
Gate WLFI_USDT	+0.0100%	4h	0.05722	−0.098%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05725	−0.045%	$14.3M	$20.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05725	−0.045%	$3.2M	$942K	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05720	−0.133%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05724	−0.063%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05725	−0.045%	$238K	$32K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05720	−0.132%	$279K	$2.0M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	−0.133%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	+0.042%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05725	−0.045%	$129	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05721	−0.118%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05735	+0.129%	$33K	$16K	50x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05725	−0.045%	$4.7M	$73K	75x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0383% / S −0.2839%	1h	0.05724	−0.054%	$14K	—	100x	as long as short