WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.005%

Price spread now: Backpack against Extended+0.092%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$510.512% of the position

Long on Extended Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.246%−$25 on $10k

Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.092%, 7d avg +0.044%

Together, before fees−0.275%+ Points / potential airdropExtended: Active · farm board−$27 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: Backpack is 0.048% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLFI-USD	0.05711	0.0104	pay 0.0013% / 1h	51m 55s	$132K	$490K	10x
Short	Backpack WLFI_USDC_PERP	0.05716	0.0100	get 0.0013% / 1h	51m 55s	$238K	$32K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Extended. 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 ExtendedbpFee BackpackbpOrdersPrice spread, now +0.092%Rate

Funding earned: −$0.84
Price spread: +0.092% → +0.044%: $4.83
Slippage, 4 orders: −$36.16
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$47.18
Costs to cover: 0.512%
Break-even: never at this rate

Slippage from Extended: live order book, 36 min ago; Backpack: live order book, 36 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 Extended live order book, 36 min ago	1.75 bp	17.1 bp −$17	127.6 bp −$1,276	doesn't fit	doesn't fit
Sell Backpack live order book, 36 min ago	0.87 bp	9.5 bp −$9	doesn't fit	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
Kraken Futures PF_WLFIUSD	−0.0590%	1h	0.05718	+0.119%	$73K	$88K	20x	as long as short
Aster WLFIUSDT	−0.0246%	4h	0.05718	+0.121%	$1.6M	$569K	20x	as long as short
Lighter WLFI	−0.0208%	1h	0.05710	−0.013%	$941K	$366K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	−0.0100%	1h	0.05718	+0.127%	$10K	$624	10x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	+0.197%	$6K	$64K	5.5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05720	+0.162%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.865%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05718	+0.120%	$313	—	150x	as long as short
OKX WLFI-USDT-SWAP	+0.0006%	4h	0.05713	+0.040%	$7.5M	$12.4M	50x	as long as short
ApeX Omni WLFIUSDT	+0.0008%	1h	0.05720	+0.162%	$33K	$42K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex WLFI-USD-PERP	+0.0039%	8h	0.05716	+0.088%	$2K	$108	5x	as long as short
01 Exchange WLFIUSD	+0.0040%	1h	0.05717	+0.110%	$4K	$319	3x	as long as short
Gate WLFI_USDT	+0.0074%	4h	0.05713	+0.040%	$3.4M	$2.8M	75x	as long as short
Variational Omni WLFI	+0.0094%	4h	0.05719	+0.153%	$442K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05711	+0.014%	$79K	$29K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05711	+0.005%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05714	+0.061%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05717	+0.110%	$136.7M	$38.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05710	−0.013%	$20.6M	$17.1M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05719	+0.148%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05716	+0.092%	$14.3M	$20.6M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05716	+0.092%	$3.2M	$940K	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05709	−0.030%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05716	+0.092%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERPshort	+0.0100%	1h	0.05716	+0.092%	$238K	$32K	10x
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05721	+0.180%	$278K	$2.0M	10x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.162%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05716	+0.092%	$129	$5K	5x	as long as short
Extended WLFI-USDlong	+0.0104%	1h	0.05711	long leg	$132K	$490K	10x
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05735	+0.425%	$33K	$16K	50x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05713	+0.040%	$4.7M	$74K	75x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0383% / S −0.2839%	1h	0.05715	+0.082%	$14K	—	100x	as long as short