Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against Bybit+0.124%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.124% dearer against Bybit than usual: you sell high and buy low (spread +0.124% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLFIUSDT	0.05707	0.0100	pay 0.0050% / 4h	1h 27m	$20.5M	$17.0M	75x
Short	gTrade (Gains Network) WLFI/USD	0.05714	L +0.0005% / S −0.0005%	get 0.0001% / 1h	27m 19s	$312	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.124%Rate

Funding earned: −$20.02
Price spread: +0.124% → 0.000%: $12.41
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$28.62
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 1 min ago	0.88 bp	11.7 bp −$12	38.6 bp −$386	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.05713	+0.111%	$73K	$70K	20x	as long as short
Aster WLFIUSDT	−0.0322%	4h	0.05714	+0.123%	$1.6M	$576K	20x	as long as short
Lighter WLFI	−0.0248%	1h	0.05707	0.000%	$947K	$376K	5x	as long as short
OKX WLFI-USDT-SWAP	−0.0008%	4h	0.05709	+0.035%	$7.5M	$12.5M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05714	+0.117%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.928%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05716	+0.158%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USDshort	L +0.0005% / S −0.0005%	1h	0.05714	+0.124%	$312	—	150x
01 Exchange WLFIUSD	+0.0008%	1h	0.05714	+0.123%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0014%	8h	0.05714	+0.127%	$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
Gate WLFI_USDT	+0.0070%	4h	0.05712	+0.088%	$3.4M	$2.8M	75x	as long as short
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	+0.158%	$6K	$77K	5.5x	as long as short
Hyperliquid WLFI	+0.0098%	1h	0.05711	+0.061%	$10.4M	$1.2M	5x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05699	−0.144%	$441K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05709	+0.044%	$79K	$31K	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05711	+0.065%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05715	+0.139%	$136.7M	$38.8M	75x	as long as short
Bybit WLFIUSDTlong	+0.0100%	4h	0.05707	long leg	$20.5M	$17.0M	75x
Arcus WLFI-USD	+0.0100%	1h	0.05716	+0.159%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05714	+0.123%	$14.8M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05714	+0.123%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05711	+0.070%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05711	+0.070%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05714	+0.123%	$238K	$30K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05710	+0.053%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05700	−0.123%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.228%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05715	+0.140%	$122	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05709	+0.035%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05714	+0.121%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05713	+0.105%	$4.7M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.526%	$32K	$16K	50x	as long as short