Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.007%

Price spread now: BloFin against Extended+0.061%7-day average +0.113% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$750.750% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 3 days (all we have)+0.124%+$12 · spread now +0.061%, 7d avg +0.113%

Together, before fees+0.192%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.052% cheaper against Extended than usual: you would sell low and buy high (spread +0.061% now, against its 7-day average of +0.113%). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.068% in total) that is about 5.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLFI-USD	0.05752	0.0104	pay 0.0013% / 1h	48m 28s	$133K	$490K	10x
Short	BloFin WLFI-USDT	0.05756	0.0340	get 0.0170% / 4h	48m 28s	$4.7M	$70K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.061%Rate

Funding earned: $49.56
Price spread: +0.061% → +0.113%: −$5.16
Slippage, 4 orders: −$58
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$30.6
Costs to cover: 0.750%
Break-even: 11.3 days

Slippage from Extended: live order book, 29 min ago; BloFin: live order book, 5 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, 29 min ago	4.36 bp	19.7 bp −$20	118.1 bp −$1,181	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.87 bp	16.9 bp −$17	31.9 bp −$319	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	−0.0433%	1h	0.05756	+0.066%	$73K	$59K	20x	as long as short
Aster WLFIUSDT	−0.0157%	4h	0.05753	+0.013%	$1.6M	$582K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05757	+0.079%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.090%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05756	+0.062%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.634%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0060%	8h	0.05759	+0.118%	$2K	$108	5x	as long as short
OKX WLFI-USDT-SWAP	+0.0068%	4h	0.05752	−0.008%	$7.5M	$12.7M	50x	as long as short
Lighter WLFI	+0.0088%	1h	0.05750	−0.043%	$965K	$387K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0097%	1h	0.05758	+0.096%	$523	$11K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05753	+0.018%	$79K	$30K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05753	+0.008%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05754	+0.032%	$244K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05755	+0.050%	$137.8M	$39.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05753	+0.009%	$21.1M	$17.4M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05761	+0.147%	$1K	$10	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05756	+0.061%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05751	−0.025%	$14.8M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05756	+0.061%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05753	+0.009%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05754	+0.027%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05755	+0.044%	$239K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05752	−0.012%	$444K	$30K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05762	+0.163%	$279K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	−0.043%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05760	+0.131%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05756	+0.061%	$125	$5K	5x	as long as short
Extended WLFI-USDlong	+0.0104%	1h	0.05752	long leg	$133K	$490K	10x
01 Exchange WLFIUSD	+0.0120%	1h	0.05758	+0.096%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05754	+0.032%	$3K	—	100x	as long as short
BloFin WLFI-USDTshort	+0.0340%	4h	0.05756	+0.061%	$4.7M	$70K	75x
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	−0.269%	$32K	$16K	50x	as long as short