Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Bybit+0.077%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$570.566% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.077%, 7d avg −0.038%

Together, before fees−0.034%+ Points / potential airdropExtended: Active · farm board−$3 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: Extended is 0.115% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLFIUSDT	0.05769	0.0100	pay 0.0050% / 4h	40m 42s	$21.1M	$19.3M	75x
Short	Extended WLFI-USD	0.05773	0.0104	get 0.0013% / 1h	40m 42s	$176K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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 BybitbpFee ExtendedbpOrdersPrice spread, now +0.077%Rate

Funding earned: $0.84
Price spread: +0.077% → −0.038%: $11.47
Slippage, 4 orders: −$40.57
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$44.26
Costs to cover: 0.566%
Break-even: 375.8 days

Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 62 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 Bybit live order book, 3 min ago	1.73 bp	10.6 bp −$11	35.9 bp −$359	doesn't fit	doesn't fit
Sell Extended live order book, 62 min ago	2.61 bp	17.8 bp −$18	98.3 bp −$983	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	−0.0328%	1h	0.05732	−0.641%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.794%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05775	+0.105%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.919%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05771	+0.035%	$1.0M	$467K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05773	+0.075%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05776	+0.130%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05774	+0.083%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05775	+0.101%	$1.6M	$534K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05774	+0.090%	$246K	$14K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLFIUSDT	+0.0100%	4h	0.05780	+0.191%	$139.6M	$42.9M	75x	as long as short
Bybit WLFIUSDTlong	+0.0100%	4h	0.05769	long leg	$21.1M	$19.3M	75x
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05772	+0.052%	$7.8M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05776	+0.116%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05775	+0.104%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05780	+0.191%	$13.7M	$19.8M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05777	+0.139%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05772	+0.052%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05773	+0.069%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05776	+0.121%	$234K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05770	+0.024%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05780	+0.183%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	+0.017%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.364%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05777	+0.139%	$85	$5K	5x	as long as short
BloFin WLFI-USDT	+0.0103%	4h	0.05784	+0.260%	$4.8M	$91K	75x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05773	+0.077%	$176K	$1.0M	10x
dYdX WLFI-USD	+0.0127%	1h	0.05775	+0.111%	$11K	$943	5x	as long as short
01 Exchange WLFIUSD	+0.0296%	1h	0.05782	+0.225%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05774	+0.095%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0406%	1h	0.05792	+0.396%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0615%	1h	0.05783	+0.243%	$525	$11K	10x	as long as short