Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0051%/8h= +5.5% APRpaid last 24h +0.024%

Price spread now: gTrade (Gains Network) against Aster−0.022%52s7-day average — · you buy dearer than you sell

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

Long on Aster Short on gTrade (Gains Network)

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 airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. gTrade (Gains Network) is 0.022% cheaper against Aster than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 34 hours of funding at the current rate (+$2 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WLFIUSDT	0.05740	−0.0046	get 0.0023% / 4h	0m 41s	$1.6M	$584K	20x
Short	gTrade (Gains Network) WLFI/USD	0.05739	L +0.0005% / S −0.0005%	get 0.0001% / 1h	0m 41s	$314	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.022%Rate

Funding earned: $10.62
Price spread: −0.022% → 0.000%: −$2.17
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$9.55
Costs to cover: 0.180%
Break-even: 13.3 days

Slippage unknown: Aster: live order book, 2 min ago; gTrade (Gains Network): 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 Aster live order book, 2 min ago	1.75 bp	5.7 bp −$6	32.7 bp −$327	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.0434%	1h	0.05743	+0.052%	$73K	$50K	20x	as long as short
Aster WLFIUSDTlong	−0.0046%	4h	0.05740	long leg	$1.6M	$584K	20x
dYdX WLFI-USD	0.0000%	1h	0.05737	−0.057%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.315%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USDshort	L +0.0005% / S −0.0005%	1h	0.05739	−0.022%	$314	—	150x
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.423%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0048%	1h	0.05737	−0.057%	$970K	$396K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0079%	8h	0.05746	+0.093%	$2K	$108	5x	as long as short
01 Exchange WLFIUSD	+0.0096%	1h	0.05745	+0.083%	$4K	$319	3x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0098%	1h	0.05742	+0.030%	$521	$11K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05733	−0.118%	$79K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05741	+0.015%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05742	+0.022%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05745	+0.083%	$137.6M	$40.2M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05739	−0.022%	$20.8M	$17.7M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05739	−0.022%	$7.5M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05746	+0.102%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05740	−0.004%	$3.5M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05743	+0.048%	$14.5M	$21.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05740	−0.004%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05742	+0.030%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05733	−0.126%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05742	+0.030%	$239K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05727	−0.236%	$444K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05730	−0.178%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.179%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	−0.004%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05742	+0.030%	$111	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05741	+0.016%	$133K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05736	−0.083%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05744	+0.065%	$4.7M	$77K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	−0.057%	$32K	$16K	50x	as long as short