Settings8H · net · $10k
Funding arb · Price arb /

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1683%/8h= +184.3% APRnext payment +$2.10 per $10,000 · paid last 24h +4.224%
Price spread now: GMX against Coinbase International+0.518%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and GMX is 0.518% dearer against Coinbase International than usual: you sell high and buy low: +$52 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WLFI-PERP-INTX0.05737−0.0312get 0.0039% / 1h34m 33s$32K$15K50x
ShortGMX WLFI/USD [ETH-USDC]0.05767L +0.0303% / S −0.1371%get 0.0171% / 1h34m 33s$7K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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

Funding earned
$353.49
Price spread: +0.518% → 0.000%
$51.77
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$383.26
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell GMX no order-book sample
Coinbase International and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International WLFI-PERP-INTXlong−0.0312%1h0.05737long leg$32K$15K50x
Reya WLFIRUSDPERP0.0000%1h0.06045+5.377%as long as short
dYdX WLFI-USD+0.0003%1h0.05767+0.520%$11K$9435xas long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05770+0.568%$315150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−0.366%$6K$77K5.5xas long as short
Lighter WLFI+0.0096%1h0.05762+0.436%$1.0M$461K5xas long as short
Paradex WLFI-USD-PERP+0.0099%8h0.05763+0.453%$2K$1185xas long as short
Nado WLFI-PERP+0.0100%1h0.05769+0.565%$82K$24K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05765+0.486%$10.5M$1.3M5xas long as short
Aster WLFIUSDT+0.0100%4h0.05764+0.469%$1.6M$535K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLFI+0.0100%1h0.05766+0.499%$246K$14K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05770+0.576%$139.2M$42.7M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05762+0.436%$21.0M$19.4M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05765+0.488%$7.7M$13.5M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05768+0.537%$7K$8K5xas long as short
Gate WLFI_USDT+0.0100%4h0.05765+0.488%$3.5M$3.1M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05768+0.540%$13.7M$20.0M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05767+0.523%$3.3M$1.2M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05762+0.436%$7.9M$3.5M75xas long as short
BingX WLFI-USDC+0.0100%4h0.05766+0.505%$2.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05772+0.610%$240K$26K10xas long as short
Variational Omni WLFI+0.0100%4h0.05764+0.479%$451K$40Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05773+0.630%$285K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05760+0.401%$33K$38K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05780+0.750%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05771+0.593%$86$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05763+0.456%$173K$738K10xas long as short
Deribit WLFI_USDC-PERPETUAL+0.0270%1h0.05773+0.628%$524$11K10xas long as short
01 Exchange WLFIUSD+0.0288%1h0.05770+0.575%$4K$3193xas long as short
GMX WLFI/USD [ETH-USDC]shortL +0.0303% / S −0.1371%1h0.05767+0.518%$7K100x
Kraken Futures PF_WLFIUSD+0.0306%1h0.05775+0.658%$97K$90K20xas long as short
BloFin WLFI-USDT+0.0340%4h0.05773+0.628%$4.8M$85K75xas long as short