Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.006%

Price spread now: Variational Omni against Extended−0.035%7-day average +0.014% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.040%−$4 on $10k

Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.035%, 7d avg +0.014%

Together, before fees+0.079%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$8 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: Variational Omni is 0.049% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLFI-USD	0.05706	0.0104	pay 0.0013% / 1h	50m 28s	$133K	$488K	10x
Short	Variational Omni WLFI	0.05704	0.0100	get 0.0050% / 4h	50m 28s	$446K	$41K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.035%Rate

Funding earned: −$0.84
Price spread: −0.035% → +0.014%: −$4.94
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$10.78
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 7 min ago; Variational Omni: RFQ quote, 9 min ago. Net counts fees only.

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, 7 min ago	2.63 bp	18.3 bp −$18	88.3 bp −$883	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 9 min ago	4.37 bp	doesn't fit	20.1 bp −$201	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
Lighter WLFI	−0.0088%	1h	0.05705	−0.009%	$1.0M	$437K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0048%	1h	0.05737	+0.552%	$32K	$15K	50x	as long as short
Aster WLFIUSDT	−0.0045%	4h	0.05710	+0.077%	$1.6M	$574K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05709	+0.070%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.961%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05710	+0.083%	$312	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	+0.184%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0080%	8h	0.05709	+0.059%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05707	+0.035%	$81K	$25K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05708	+0.044%	$10.4M	$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
Pacifica WLFI	+0.0100%	1h	0.05710	+0.075%	$245K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05714	+0.144%	$137.5M	$40.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05702	−0.062%	$20.7M	$18.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05706	+0.008%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05715	+0.159%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05709	+0.061%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05713	+0.131%	$13.7M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05711	+0.096%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05710	+0.079%	$7.9M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05708	+0.044%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05712	+0.114%	$238K	$26K	10x	as long as short
Variational Omni WLFIshort	+0.0100%	4h	0.05704	−0.035%	$446K	$41K	—
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05723	+0.310%	$274K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05710	+0.079%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.254%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05713	+0.131%	$116	$5K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0100%	1h	0.05716	+0.184%	$519	$11K	10x	as long as short
Extended WLFI-USDlong	+0.0104%	1h	0.05706	long leg	$133K	$488K	10x
01 Exchange WLFIUSD	+0.0104%	1h	0.05712	+0.114%	$4K	$319	3x	as long as short
Kraken Futures PF_WLFIUSD	+0.0149%	1h	0.05715	+0.171%	$99K	$87K	20x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05713	+0.126%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05717	+0.201%	$4.8M	$84K	75x	as long as short