WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.046%

Price spread now: GRVT against BloFin−0.283%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$720.725% of the position

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.283%, 7d avg −0.019%

Together, before fees+0.079%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GRVT is 0.264% cheaper against BloFin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.019%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLFI-USDT	0.05779	0.0340	pay 0.0170% / 4h	10m 22s	$4.9M	$98K	75x
Short	GRVT WLFI_USDT_Perp	0.05763	0.0100	get 0.0050% / 4h	10m 22s	$290K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.283%Rate

Funding earned: −$50.4
Price spread: −0.283% → −0.019%: −$26.42
Slippage, 4 orders: −$51.46
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$149.28
Costs to cover: 0.725%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 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 BloFin live order book, 6 min ago	0.87 bp	11.8 bp −$12	13.6 bp −$136	72.2 bp −$7,216	doesn't fit
Sell GRVT live order book, 1 min ago	8.66 bp	16.6 bp −$17	156.2 bp −$1,562	doesn't fit	doesn't fit

WLFI on 32 exchanges

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	−0.0480%	1h	0.05732	−0.813%	$21K	$15K	50x	as long as short
01 Exchange WLFIUSD	−0.0064%	1h	0.05771	−0.138%	$4K	$335	3x	as long as short
dYdX WLFI-USD	−0.0018%	1h	0.05771	−0.138%	$6K	$13K	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.611%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05774	−0.086%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.090%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05770	−0.156%	$1.1M	$434K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0098%	8h	0.05770	−0.155%	$2K	$10	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05772	−0.112%	$10.6M	$928K	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05776	−0.052%	$1.6M	$661K	20x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05773	−0.106%	$247K	$16K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05777	−0.028%	$138.8M	$41.4M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05773	−0.104%	$21.4M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05775	−0.069%	$7.7M	$13.9M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05776	−0.059%	$7K	$10K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05774	−0.087%	$3.5M	$3.2M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05777	−0.035%	$12.3M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05775	−0.069%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05772	−0.121%	$7.9M	$3.6M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05772	−0.121%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05773	−0.104%	$234K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05768	−0.192%	$448K	$31K	—	as long as short
GRVT WLFI_USDT_Perpshort	+0.0100%	4h	0.05763	−0.283%	$290K	$1.9M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.156%	$33K	$34K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05767	−0.216%	$89K	$27K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.017%	$38K	$1.5M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05776	−0.052%	$118	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05771	−0.130%	$173K	$1.1M	10x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0269%	1h	0.05779	0.000%	$525	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0302% / S −0.1371%	1h	0.05774	−0.087%	$7K	—	100x	as long as short
BloFin WLFI-USDTlong	+0.0340%	4h	0.05779	long leg	$4.9M	$98K	75x
Kraken Futures PF_WLFIUSD	+0.0626%	1h	0.05778	−0.024%	$96K	$128K	20x	as long as short