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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.05 per $10,000 · paid last 24h +0.016%
Price spread now: Hyperliquid against gTrade (Gains Network)−0.099%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. Hyperliquid is 0.099% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.099% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 7.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) WLFI/USD0.05728L +0.0005% / S −0.0005%pay 0.0001% / 1h38m 59s$313150x
ShortHyperliquid WLFI0.057220.0048get 0.0006% / 1h38m 59s$10.5M$1.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$9.01
Price spread: −0.099% → 0.000%
−$9.93
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$19.92
Costs to cover
0.190%
Break-even
22.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 4 min ago. 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 Hyperliquid live order book, 4 min ago1.14 bp10.4 bp −$10doesn't fitdoesn't fitdoesn't fit
gTrade (Gains Network): 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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WLFIUSD−0.0703%1h0.05728−0.001%$73K$70K20xas long as short
Aster WLFIUSDT−0.0300%4h0.05727−0.024%$1.6M$568K20xas long as short
Lighter WLFI−0.0288%1h0.05719−0.160%$948K$375K5xas long as short
dYdX WLFI-USD0.0000%1h0.05729+0.010%$11K$9705xas long as short
01 Exchange WLFIUSD0.0000%1h0.05729+0.014%$4K$3193xas long as short
Reya WLFIRUSDPERP0.0000%1h0.06045+5.537%as long as short
Deribit WLFI_USDC-PERPETUAL0.0000%1h0.05729+0.014%$10K$62410xas long as short
gTrade (Gains Network) WLFI/USDlongL +0.0005% / S −0.0005%1h0.05728long leg$313150x
Paradex WLFI-USD-PERP+0.0013%8h0.05730+0.040%$2K$1085xas long as short
OKX WLFI-USDT-SWAP+0.0017%4h0.05720−0.143%$7.5M$12.5M50xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WLFIshort+0.0048%1h0.05722−0.099%$10.5M$1.2M5x
Injective WLFI/USDC PERP+0.0082%1h0.05716−0.213%$6K$77K5.5xas long as short
Variational Omni WLFI+0.0097%4h0.05722−0.102%$442K$30Kas long as short
Nado WLFI-PERP+0.0100%1h0.05725−0.056%$79K$31K5xas long as short
Pacifica WLFI+0.0100%1h0.05725−0.049%$243K$10K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05727−0.026%$137.0M$38.7M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05719−0.160%$20.5M$16.9M75xas long as short
Arcus WLFI-USD+0.0100%1h0.05731+0.047%$1K$105xas long as short
Gate WLFI_USDT+0.0100%4h0.05722−0.108%$3.4M$2.8M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05726−0.038%$14.9M$21.1M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05727−0.021%$3.3M$1.1M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05724−0.073%$8.0M$3.1M75xas long as short
BingX WLFI-USDC+0.0100%4h0.05722−0.108%$2.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05726−0.038%$238K$30K10xas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05725−0.051%$276K$1.9M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05730+0.032%$33K$41K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05730+0.032%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05728−0.003%$124$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05722−0.108%$132K$490K10xas long as short
GMX WLFI/USD [ETH-USDC]L +0.0252% / S −0.0496%1h0.05726−0.047%$3K100xas long as short
BloFin WLFI-USDT+0.0340%4h0.05728−0.003%$4.7M$76K75xas long as short
Coinbase International WLFI-PERP-INTX+0.0384%1h0.05737+0.154%$32K$16K50xas long as short