Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%

Price spread now: GRVT against Gate+0.109%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1061.057% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 3 days (all we have)+0.026%+$3 · spread now +0.109%, 7d avg +0.060%

Together, before fees+0.050%+ Points / potential airdropGRVT: Active · farm board+$5 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: GRVT is 0.049% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLFI_USDT	0.05735	0.0100	pay 0.0050% / 4h	27m 12s	$3.5M	$2.9M	75x
Short	GRVT WLFI_USDT_Perp	0.05741	0.0100	get 0.0050% / 4h	27m 12s	$275K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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 GatebpFee GRVTbpOrdersPrice spread, now +0.109%Rate

Funding earned: $0
Price spread: +0.109% → +0.060%: $4.88
Slippage, 4 orders: −$81.71
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$100.83
Costs to cover: 1.057%
Break-even: never at this rate

Slippage from Gate: live order book, 6 min ago; GRVT: 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 Gate live order book, 6 min ago	3.48 bp	18.1 bp −$18	33.9 bp −$339	69.4 bp −$6,941	doesn't fit
Sell GRVT live order book, 1 min ago	8.72 bp	35.1 bp −$35	98.9 bp −$989	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
Kraken Futures PF_WLFIUSD	−0.0434%	1h	0.05737	+0.035%	$73K	$57K	20x	as long as short
Aster WLFIUSDT	−0.0085%	4h	0.05735	−0.007%	$1.6M	$581K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05737	+0.034%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.412%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05737	+0.035%	$521	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05736	+0.025%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.331%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0075%	8h	0.05735	+0.007%	$2K	$108	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05730	−0.087%	$963K	$388K	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05732	−0.052%	$79K	$26K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05733	−0.040%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05732	−0.059%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05738	+0.044%	$137.4M	$39.6M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05730	−0.087%	$20.9M	$17.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05732	−0.052%	$7.5M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05739	+0.068%	$1K	$753	5x	as long as short
Gate WLFI_USDTlong	+0.0100%	4h	0.05735	long leg	$3.5M	$2.9M	75x
MEXC WLFI_USDT	+0.0100%	4h	0.05737	+0.035%	$14.9M	$21.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05735	0.000%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05732	−0.052%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05734	−0.017%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05735	0.000%	$239K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05741	+0.102%	$445K	$31K	—	as long as short
GRVT WLFI_USDT_Perpshort	+0.0100%	4h	0.05741	+0.109%	$275K	$1.9M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	+0.087%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.087%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05736	+0.017%	$118	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05731	−0.062%	$133K	$490K	10x	as long as short
01 Exchange WLFIUSD	+0.0120%	1h	0.05737	+0.035%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05734	−0.016%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05732	−0.052%	$4.5M	$74K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	+0.035%	$32K	$16K	50x	as long as short