Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0359%/8h= +39.3% APRpaid last 24h +0.054%

Price spread now: Extended against Aster−0.089%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$570.573% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.323%+$32 on $10k

Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.089%, 7d avg −0.025%

Together, before fees+0.357%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.064% cheaper against Aster than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.025%). If the spread goes back, that is −$6 on $10k: about 14 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.323% in total) that is about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WLFIUSDT	0.05716	−0.0255	get 0.0127% / 4h	2h 36m	$1.6M	$568K	20x
Short	Extended WLFI-USD	0.05711	0.0104	get 0.0013% / 1h	36m 34s	$132K	$490K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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 AsterbpFee ExtendedbpOrdersPrice spread, now −0.089%Rate

Funding earned: $75.31
Price spread: −0.089% → −0.025%: −$6.41
Slippage, 4 orders: −$44.33
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $11.57
Costs to cover: 0.573%
Break-even: 5.9 days

Slippage from Aster: live order book, 2 min ago; Extended: live order book, 51 min ago.

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 Aster live order book, 2 min ago	1.75 bp	11.1 bp −$11	47.1 bp −$471	doesn't fit	doesn't fit
Sell Extended live order book, 51 min ago	1.75 bp	17.2 bp −$17	132.9 bp −$1,329	doesn't fit	doesn't fit

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	−0.0591%	1h	0.05717	+0.011%	$73K	$88K	20x	as long as short
Aster WLFIUSDTlong	−0.0255%	4h	0.05716	long leg	$1.6M	$568K	20x
Lighter WLFI	−0.0216%	1h	0.05709	−0.122%	$940K	$367K	5x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	+0.105%	$6K	$64K	5.5x	as long as short
OKX WLFI-USDT-SWAP	−0.0014%	4h	0.05710	−0.105%	$7.5M	$12.4M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05720	+0.077%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.764%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05723	+0.122%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05719	+0.060%	$313	—	150x	as long as short
Paradex WLFI-USD-PERP	+0.0040%	8h	0.05716	+0.003%	$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	+0.0048%	1h	0.05717	+0.017%	$4K	$319	3x	as long as short
Gate WLFI_USDT	+0.0064%	4h	0.05714	−0.035%	$3.4M	$2.8M	75x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05709	−0.131%	$441K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05714	−0.028%	$79K	$28K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05711	−0.093%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05713	−0.051%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05717	+0.017%	$136.7M	$38.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05708	−0.140%	$20.4M	$16.8M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05719	+0.054%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05716	0.000%	$14.3M	$20.8M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05716	0.000%	$3.2M	$937K	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05712	−0.070%	$7.9M	$3.0M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05712	−0.070%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05717	+0.017%	$238K	$31K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05720	+0.071%	$276K	$2.0M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	+0.070%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.070%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05720	+0.070%	$111	$5K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05711	−0.089%	$132K	$490K	10x
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05735	+0.332%	$33K	$16K	50x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05724	+0.140%	$4.7M	$74K	75x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0383% / S −0.2839%	1h	0.05716	−0.002%	$14K	—	100x	as long as short