WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0264%/8h= −28.9% APRnext payment −$1.32 per $10,000 · paid last 24h −0.008%

Price spread now: Gate against BloFin−0.070%108s7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as 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−$660.663% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 3 days (all we have)−0.129%−$13 · spread now −0.070%, 7d avg −0.057%

Together, before fees−0.250%−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLFI-USDT	0.05720	0.0340	pay 0.0170% / 4h	1h 35m	$4.5M	$76K	75x
Short	Gate WLFI_USDT	0.05716	0.0076	get 0.0038% / 4h	1h 35m	$3.4M	$2.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now −0.070%Rate

Funding earned: −$55.44
Price spread: −0.070% → −0.057%: −$1.25
Slippage, 4 orders: −$39.31
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$123
Costs to cover: 0.663%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Gate: 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 BloFin live order book, 3 min ago	0.87 bp	18.9 bp −$19	33.1 bp −$331	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.62 bp	16.3 bp −$16	34.7 bp −$347	64.9 bp −$6,492	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
Kraken Futures PF_WLFIUSD	−0.0705%	1h	0.05715	−0.083%	$73K	$70K	20x	as long as short
Aster WLFIUSDT	−0.0306%	4h	0.05718	−0.028%	$1.6M	$568K	20x	as long as short
Lighter WLFI	−0.0280%	1h	0.05708	−0.210%	$946K	$375K	5x	as long as short
OKX WLFI-USDT-SWAP	−0.0002%	4h	0.05711	−0.157%	$7.5M	$12.5M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05722	+0.035%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.687%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05717	−0.052%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05718	−0.034%	$313	—	150x	as long as short
01 Exchange WLFIUSD	+0.0008%	1h	0.05717	−0.052%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0014%	8h	0.05715	−0.089%	$2K	$108	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0066%	1h	0.05713	−0.121%	$10.5M	$1.2M	5x	as long as short
Gate WLFI_USDTshort	+0.0076%	4h	0.05716	−0.070%	$3.4M	$2.8M	75x
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	−0.070%	$6K	$77K	5.5x	as long as short
Variational Omni WLFI	+0.0089%	4h	0.05710	−0.178%	$442K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05713	−0.114%	$79K	$31K	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05712	−0.140%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05721	+0.025%	$136.8M	$38.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05712	−0.140%	$20.5M	$16.9M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05719	−0.024%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05720	0.000%	$14.8M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05719	−0.017%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05720	0.000%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05717	−0.052%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05715	−0.087%	$238K	$30K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05719	−0.015%	$275K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	+0.175%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	0.000%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05716	−0.070%	$121	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05711	−0.149%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05715	−0.091%	$3K	—	100x	as long as short
BloFin WLFI-USDTlong	+0.0340%	4h	0.05720	long leg	$4.5M	$76K	75x
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.297%	$32K	$16K	50x	as long as short