Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0110%/8h= +12.1% APRpaid last 24h +0.042%

Price spread now: Hyperliquid against Aster+0.065%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$440.437% of the position

Long on Aster Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.294%+$29 on $10k

Price spread, last 7 days−0.048%−$5 · spread now +0.065%, 7d avg −0.001%

Together, before fees+0.247%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.066% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WLFIUSDT	0.05736	−0.0010	get 0.0005% / 4h	1h 45m	$1.6M	$582K	20x
Short	Hyperliquid WLFI	0.05740	0.0100	get 0.0013% / 1h	45m 09s	$10.5M	$1.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.065%Rate

Funding earned: $23.13
Price spread: +0.065% → −0.001%: $6.56
Slippage, 4 orders: −$26.73
Fee Aster: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$14.04
Costs to cover: 0.437%
Break-even: 11.3 days

Slippage from Aster: live order book, 3 min ago; Hyperliquid: live order book, 7 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, 3 min ago	1.75 bp	11.3 bp −$11	43.4 bp −$434	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 7 min ago	0.96 bp	9.3 bp −$9	doesn't fit	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
Coinbase International WLFI-PERP-INTX	−0.0200%	1h	0.05737	+0.017%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05744	+0.141%	$99K	$88K	20x	as long as short
Lighter WLFI	−0.0128%	1h	0.05737	+0.017%	$1.0M	$426K	5x	as long as short
Aster WLFIUSDTlong	−0.0010%	4h	0.05736	long leg	$1.6M	$582K	20x
dYdX WLFI-USD	0.0000%	1h	0.05733	−0.044%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.397%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05738	+0.032%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.349%	$6K	$77K	5.5x	as long as short
01 Exchange WLFIUSD	+0.0072%	1h	0.05740	+0.070%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0073%	8h	0.05731	−0.091%	$2K	$118	5x	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	0.05730	−0.096%	$81K	$23K	5x	as long as short
Hyperliquid WLFIshort	+0.0100%	1h	0.05740	+0.065%	$10.5M	$1.3M	5x
Pacifica WLFI	+0.0100%	1h	0.05732	−0.068%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05746	+0.180%	$138.0M	$40.3M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05738	+0.035%	$20.9M	$18.1M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05740	+0.070%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05739	+0.045%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05740	+0.070%	$3.4M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05748	+0.209%	$13.9M	$21.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05741	+0.087%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05743	+0.122%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05725	−0.192%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05744	+0.139%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05717	−0.323%	$446K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05728	−0.141%	$279K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05710	−0.453%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	+0.244%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05743	+0.122%	$119	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05738	+0.035%	$133K	$485K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05741	+0.080%	$3K	—	100x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0272%	1h	0.05747	+0.192%	$522	$11K	10x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05744	+0.139%	$4.8M	$81K	75x	as long as short