Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.018%

Price spread now: Paradex against gTrade (Gains Network)−0.166%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Paradex

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.166% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.166% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 5.9 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WLFI/USD	0.05774	L +0.0005% / S −0.0005%	pay 0.0001% / 1h	28m 42s	$316	—	150x
Short	Paradex WLFI-USD-PERP	0.05764	0.0099	get 0.0099% / 8h	2h 28m	$2K	$118	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee ParadexbpOrdersPrice spread, now −0.166%Rate

Funding earned: $19.6
Price spread: −0.166% → 0.000%: −$16.56
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$10.96
Costs to cover: 0.140%
Break-even: 10.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International WLFI-PERP-INTX	−0.0144%	1h	0.05737	−0.634%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.713%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USDlong	L +0.0005% / S −0.0005%	1h	0.05774	long leg	$316	—	150x
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.998%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0036%	1h	0.05769	−0.086%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05763	−0.184%	$1.0M	$456K	5x	as long as short
Paradex WLFI-USD-PERPshort	+0.0099%	8h	0.05764	−0.166%	$2K	$118	5x
Nado WLFI-PERP	+0.0100%	1h	0.05776	+0.050%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05770	−0.054%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05771	−0.042%	$1.6M	$587K	20x	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	0.05770	−0.064%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05770	−0.071%	$139.2M	$42.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05765	−0.149%	$21.1M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05768	−0.097%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05770	−0.069%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05768	−0.097%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05773	−0.010%	$13.8M	$20.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05771	−0.045%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05771	−0.045%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05771	−0.045%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05775	+0.024%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05769	−0.086%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05778	+0.084%	$274K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.062%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.111%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05775	+0.024%	$88	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05766	−0.134%	$144K	$706K	10x	as long as short
01 Exchange WLFIUSD	+0.0184%	1h	0.05780	+0.111%	$4K	$319	3x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0269%	1h	0.05778	+0.076%	$524	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05774	+0.007%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05781	+0.128%	$4.8M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0380%	1h	0.05777	+0.053%	$97K	$90K	20x	as long as short