Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against Binance−0.045%7-day average — · you buy dearer than you sell

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

Long on Binance 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—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.045% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLFIUSDT	0.05738	0.0100	pay 0.0050% / 4h	1h 32m	$138.1M	$40.5M	75x
Short	gTrade (Gains Network) WLFI/USD	0.05735	L +0.0005% / S −0.0005%	get 0.0001% / 1h	32m 26s	$314	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Binance. 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 BinancebpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.045%Rate

Funding earned: −$20.02
Price spread: −0.045% → 0.000%: −$4.55
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$44.57
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 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 Binance live order book, 11 min ago	0.87 bp	12.0 bp −$12	24.1 bp −$241	107.9 bp −$10.8K	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
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	0.05731	−0.126%	$99K	$88K	20x	as long as short
Lighter WLFI	−0.0080%	1h	0.05727	−0.192%	$1.0M	$428K	5x	as long as short
Aster WLFIUSDT	−0.0012%	4h	0.05735	−0.056%	$1.6M	$584K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05731	−0.116%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.362%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05727	−0.192%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USDshort	L +0.0005% / S −0.0005%	1h	0.05735	−0.045%	$314	—	150x
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.383%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0078%	8h	0.05730	−0.148%	$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	0.05727	−0.183%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05734	−0.071%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05732	−0.099%	$246K	$13K	5x	as long as short
Binance WLFIUSDTlong	+0.0100%	4h	0.05738	long leg	$138.1M	$40.5M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05735	−0.052%	$21.0M	$18.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05732	−0.105%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05737	−0.014%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05732	−0.105%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05738	0.000%	$14.3M	$21.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05736	−0.035%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05732	−0.105%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05732	−0.105%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05728	−0.174%	$238K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05727	−0.185%	$447K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05736	−0.028%	$280K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.139%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	−0.139%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05728	−0.174%	$118	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05729	−0.159%	$133K	$488K	10x	as long as short
01 Exchange WLFIUSD	+0.0104%	1h	0.05736	−0.035%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05734	−0.063%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05734	−0.070%	$4.8M	$81K	75x	as long as short