Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against Binance+0.234%79s7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$760.760% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.134%−$13 · spread now +0.234%, 7d avg −0.002%

Together, before fees−0.134%+ Points / potential airdropGRVT: Active · farm board−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.236% dearer against Binance than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.002%. The two prices were read 79 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	Binance WLFIUSDT	0.05739	0.0100	pay 0.0050% / 4h	1h 40m	$138.1M	$40.5M	75x
Short	GRVT WLFI_USDT_Perp	0.05753	0.0100	get 0.0050% / 4h	1h 40m	$281K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.234%Rate

Funding earned: $0
Price spread: +0.234% → −0.002%: $23.6
Slippage, 4 orders: −$57.04
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$52.44
Costs to cover: 0.760%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; GRVT: live order book, 3 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 Binance live order book, 3 min ago	0.87 bp	12.0 bp −$12	24.1 bp −$241	107.9 bp −$10.8K	doesn't fit
Sell GRVT live order book, 3 min ago	8.69 bp	31.1 bp −$31	106.3 bp −$1,063	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	−0.040%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05742	+0.045%	$99K	$88K	20x	as long as short
Lighter WLFI	−0.0040%	1h	0.05731	−0.144%	$1.0M	$427K	5x	as long as short
Aster WLFIUSDT	−0.0006%	4h	0.05739	−0.002%	$1.6M	$584K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05739	−0.007%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.338%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05738	−0.024%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.406%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0076%	8h	0.05736	−0.061%	$2K	$118	5x	as long as short
01 Exchange WLFIUSD	+0.0096%	1h	0.05741	+0.030%	$4K	$319	3x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit WLFI_USDC-PERPETUAL	+0.0099%	1h	0.05740	+0.013%	$521	$11K	10x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05736	−0.050%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05734	−0.095%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05736	−0.055%	$246K	$13K	5x	as long as short
Binance WLFIUSDTlong	+0.0100%	4h	0.05739	long leg	$138.1M	$40.5M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05731	−0.144%	$20.9M	$18.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05734	−0.092%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05744	+0.077%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05735	−0.075%	$3.4M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05739	−0.005%	$13.6M	$21.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05738	−0.022%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05734	−0.092%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05734	−0.092%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05737	−0.040%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05734	−0.085%	$448K	$41K	—	as long as short
GRVT WLFI_USDT_Perpshort	+0.0100%	4h	0.05753	+0.234%	$281K	$1.8M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	+0.187%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.013%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05737	−0.040%	$119	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05732	−0.120%	$133K	$485K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05735	−0.080%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05747	+0.135%	$4.8M	$81K	75x	as long as short