Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against BingX+0.224%99s7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as 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−$950.948% of the position

Long on BingX 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—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.224% dearer against BingX than usual: you sell high and buy low, +$22 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 99 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	BingX WLFI-USDC	0.05766	0.0100	pay 0.0050% / 4h	2h 37m	—	$2.3M	—
Short	GRVT WLFI_USDT_Perp	0.05779	0.0100	get 0.0050% / 4h	2h 37m	$283K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against BingX. 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 BingXbpFee GRVTbpOrdersPrice spread, now +0.224%Rate

Funding earned: $0
Price spread: +0.224% → 0.000%: $22.36
Slippage, 4 orders: −$75.78
Fee BingX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$72.43
Costs to cover: 0.948%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; GRVT: live order book, 1 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 BingX live order book, 5 min ago	2.59 bp	21.2 bp −$21	75.3 bp −$753	doesn't fit	doesn't fit
Sell GRVT live order book, 1 min ago	8.66 bp	18.5 bp −$19	117.9 bp −$1,179	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	−0.0144%	1h	0.05737	−0.503%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.851%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05769	+0.045%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.867%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0051%	1h	0.05769	+0.045%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0080%	1h	0.05768	+0.035%	$1.0M	$455K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0098%	8h	0.05771	+0.090%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05765	−0.017%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05772	+0.101%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05769	+0.054%	$1.6M	$586K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05771	+0.087%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05773	+0.122%	$139.3M	$42.6M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05770	+0.069%	$21.1M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05771	+0.087%	$7.7M	$13.4M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05767	+0.014%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05772	+0.104%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05772	+0.104%	$13.8M	$20.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05772	+0.104%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05770	+0.069%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDClong	+0.0100%	4h	0.05766	long leg	—	$2.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05773	+0.121%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05783	+0.287%	$452K	$40K	—	as long as short
GRVT WLFI_USDT_Perpshort	+0.0100%	4h	0.05779	+0.224%	$283K	$1.8M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	+0.243%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.243%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05772	+0.104%	$89	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05771	+0.082%	$136K	$698K	10x	as long as short
01 Exchange WLFIUSD	+0.0192%	1h	0.05770	+0.069%	$4K	$319	3x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0270%	1h	0.05773	+0.121%	$524	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05765	−0.009%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05770	+0.069%	$4.8M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0380%	1h	0.05772	+0.102%	$97K	$90K	20x	as long as short