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: GRVT against Extended+0.049%112s7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1021.020% of the position

Long on Extended Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.049%, 7d avg +0.091%

Together, before fees−0.013%+ Points / potential airdropExtended: Active · GRVT: Active · farm board−$1 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: GRVT is 0.042% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.091%. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLFI-USD	0.05787	0.0104	pay 0.0013% / 1h	59m 39s	$174K	$1.0M	10x
Short	GRVT WLFI_USDT_Perp	0.05790	0.0100	get 0.0050% / 4h	3h 59m	$286K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$0.84
Price spread: +0.049% → +0.091%: −$4.17
Slippage, 4 orders: −$88.03
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$107.04
Costs to cover: 1.020%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; GRVT: live order book, 3 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, 3 min ago	2.60 bp	17.7 bp −$18	105.4 bp −$1,054	doesn't fit	doesn't fit
Sell GRVT live order book, 3 min ago	8.64 bp	34.5 bp −$34	140.4 bp −$1,404	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
01 Exchange WLFIUSD	−0.3104%	1h	0.05788	+0.015%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0328%	1h	0.05732	−0.953%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.466%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05788	+0.012%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.229%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0074%	1h	0.05780	−0.130%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05786	−0.020%	$1.1M	$469K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05790	+0.055%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05784	−0.046%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05788	+0.018%	$10.6M	$1.3M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05791	+0.067%	$1.6M	$529K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05790	+0.055%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05794	+0.119%	$139.9M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05788	+0.015%	$21.1M	$19.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05789	+0.032%	$7.8M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05790	+0.049%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05790	+0.049%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05796	+0.153%	$13.6M	$19.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05793	+0.101%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05791	+0.067%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05791	+0.067%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05789	+0.032%	$235K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05781	−0.111%	$452K	$39K	—	as long as short
GRVT WLFI_USDT_Perpshort	+0.0100%	4h	0.05790	+0.049%	$286K	$1.9M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.123%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05800	+0.222%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05788	+0.015%	$101	$5K	5x	as long as short
Extended WLFI-USDlong	+0.0104%	1h	0.05787	long leg	$174K	$1.0M	10x
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05786	−0.013%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05794	+0.119%	$4.9M	$102K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0406%	1h	0.05791	+0.065%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0614%	1h	0.05795	+0.136%	$526	$11K	10x	as long as short