Settings8H · net · $10k
Funding arb · Price arb /

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.1366%/8h= +149.6% APRnext payment +$1.71 per $10,000 · paid last 24h +3.168%
Price spread now: GMX against gTrade (Gains Network)−0.055%59s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.055% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$41 a day). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) WLFI/USD0.05777L +0.0005% / S −0.0005%pay 0.0001% / 1h27m 53s$316150x
ShortGMX WLFI/USD [ETH-USDC]0.05773L +0.0303% / S −0.1371%get 0.0171% / 1h27m 53s$7K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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

Funding earned
$286.88
Price spread: −0.055% → 0.000%
−$5.45
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$259.42
Costs to cover
0.220%
Break-even
0.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) and GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

WLFI on 32 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange WLFIUSD−0.0600%1h0.05778+0.025%$4K$3353xas long as short
Coinbase International WLFI-PERP-INTX−0.0384%1h0.05732−0.771%$21K$15K50xas long as short
dYdX WLFI-USD−0.0196%1h0.05775−0.025%$6K$11K5xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06046+4.657%as long as short
gTrade (Gains Network) WLFI/USDlongL +0.0005% / S −0.0005%1h0.05777long leg$316150x
Injective WLFI/USDC PERP+0.0033%1h0.05716−1.048%$6K$77K5.5xas long as short
Lighter WLFI+0.0096%1h0.05772−0.079%$1.1M$452K5xas long as short
Paradex WLFI-USD-PERP+0.0098%8h0.05775−0.035%$2K$105xas long as short
Nado WLFI-PERP+0.0100%1h0.05779+0.051%$90K$28K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05777+0.010%$10.6M$939K5xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WLFIUSDT+0.0100%4h0.05773−0.059%$1.6M$664K20xas long as short
Pacifica WLFI+0.0100%1h0.05779+0.049%$247K$15K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05780+0.065%$139.2M$42.9M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05774−0.044%$21.5M$19.5M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05778+0.025%$7.7M$13.8M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05781+0.077%$7K$10K5xas long as short
Gate WLFI_USDT+0.0100%4h0.05776−0.010%$3.4M$3.2M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05779+0.042%$12.9M$20.8M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05777+0.008%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05775−0.027%$8.0M$3.6M75xas long as short
BingX WLFI-USDT+0.0100%4h0.05777+0.008%$7.5Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05778+0.025%$234K$35K10xas long as short
Variational Omni WLFI+0.0100%4h0.05766−0.180%$450K$29Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05770−0.107%$283K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05770−0.113%$33K$38K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05790+0.233%$38K$1.6M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05780+0.060%$109$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05775−0.025%$173K$1.0M10xas long as short
Deribit WLFI_USDC-PERPETUAL+0.0269%1h0.05782+0.094%$525$11K10xas long as short
GMX WLFI/USD [ETH-USDC]shortL +0.0303% / S −0.1371%1h0.05773−0.055%$7K100x
BloFin WLFI-USDT+0.0340%4h0.05779+0.042%$4.9M$95K75xas long as short
Kraken Futures PF_WLFIUSD+0.0488%1h0.05780+0.061%$97K$131K20xas long as short