Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.007%

Price spread now: OKX against Extended+0.055%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$610.610% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.055%, 7d avg +0.017%

Together, before fees−0.068%+ Points / potential airdropExtended: Active · farm board−$7 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: OKX is 0.038% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLFI-USD	0.05729	0.0104	pay 0.0013% / 1h	32m 29s	$133K	$488K	10x
Short	OKX WLFI-USDT-SWAP	0.05732	0.0100	get 0.0050% / 4h	1h 32m	$7.6M	$12.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$0.84
Price spread: +0.055% → +0.017%: $3.78
Slippage, 4 orders: −$46
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$58.05
Costs to cover: 0.610%
Break-even: never at this rate

Slippage from Extended: live order book, 30 min ago; OKX: live order book, 1 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, 30 min ago	2.61 bp	17.9 bp −$18	93.0 bp −$930	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	1.75 bp	11.7 bp −$12	26.0 bp −$260	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
Coinbase International WLFI-PERP-INTX	−0.0200%	1h	0.05737	+0.142%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05731	+0.033%	$99K	$88K	20x	as long as short
Lighter WLFI	−0.0080%	1h	0.05727	−0.033%	$1.0M	$428K	5x	as long as short
Aster WLFIUSDT	−0.0012%	4h	0.05735	+0.104%	$1.6M	$584K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05731	+0.043%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.530%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05727	−0.033%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05735	+0.114%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.225%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0078%	8h	0.05730	+0.011%	$2K	$118	5x	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	0.05727	−0.024%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05734	+0.088%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05732	+0.060%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05738	+0.159%	$138.1M	$40.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05735	+0.107%	$21.0M	$18.4M	75x	as long as short
OKX WLFI-USDT-SWAPshort	+0.0100%	4h	0.05732	+0.055%	$7.6M	$12.8M	50x
Arcus WLFI-USD	+0.0100%	1h	0.05737	+0.145%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05732	+0.055%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05738	+0.159%	$14.3M	$21.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05736	+0.125%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05732	+0.055%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05732	+0.055%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05728	−0.015%	$238K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05727	−0.026%	$447K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05736	+0.131%	$280K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	+0.020%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	+0.020%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05728	−0.015%	$118	$6K	5x	as long as short
Extended WLFI-USDlong	+0.0104%	1h	0.05729	long leg	$133K	$488K	10x
01 Exchange WLFIUSD	+0.0104%	1h	0.05736	+0.125%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05734	+0.097%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05734	+0.090%	$4.8M	$81K	75x	as long as short