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

WLFI

all WLFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0447%/8h= −48.9% APRnext payment $0.56 per $10,000 · paid last 24h −0.033%
Price spread now: Coinbase International against GMX−0.780%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 feesneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Coinbase International is 0.780% cheaper against GMX than usual: you would sell low and buy high (−$78 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WLFI/USD [ETH-USDC]0.05782L +0.0303% / S −0.1371%pay 0.0038% / 1h14m 59s$7K100x
ShortCoinbase International WLFI-PERP-INTX0.05737−0.0144pay 0.0018% / 1h14m 59s$32K$15K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. 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
−$93.84
Price spread: −0.780% → 0.000%
−$78
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$193.84
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Coinbase International: 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 GMX no order-book sample
Sell Coinbase International no order-book sample
GMX and Coinbase International: 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
Coinbase International WLFI-PERP-INTXshort−0.0144%1h0.05737−0.780%$32K$15K50x
Reya WLFIRUSDPERP0.0000%1h0.06046+4.559%as long as short
gTrade (Gains Network) WLFI/USDL +0.0005% / S −0.0005%1h0.05781−0.027%$316150xas long as short
Injective WLFI/USDC PERP+0.0033%1h0.05716−1.143%$6K$77K5.5xas long as short
dYdX WLFI-USD+0.0034%1h0.05778−0.063%$11K$9435xas long as short
Lighter WLFI+0.0096%1h0.05776−0.105%$1.0M$459K5xas long as short
Paradex WLFI-USD-PERP+0.0099%8h0.05783+0.012%$2K$1185xas long as short
Nado WLFI-PERP+0.0100%1h0.05779−0.045%$82K$23K5xas long as short
Hyperliquid WLFI+0.0100%1h0.05779−0.048%$10.6M$1.3M5xas long as short
Aster WLFIUSDT+0.0100%4h0.05782−0.009%$1.6M$574K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WLFI+0.0100%1h0.05781−0.021%$247K$14K5xas long as short
Binance WLFIUSDT+0.0100%4h0.05786+0.060%$139.6M$42.9M75xas long as short
Bybit WLFIUSDT+0.0100%4h0.05778−0.071%$21.1M$19.4M75xas long as short
OKX WLFI-USDT-SWAP+0.0100%4h0.05779−0.054%$7.7M$13.5M50xas long as short
Arcus WLFI-USD+0.0100%1h0.05784+0.040%$7K$8K5xas long as short
Gate WLFI_USDT+0.0100%4h0.05781−0.019%$3.5M$3.1M75xas long as short
MEXC WLFI_USDT+0.0100%4h0.05785+0.050%$13.8M$20.5M100xas long as short
KuCoin WLFIUSDTM+0.0100%4h0.05782−0.002%$3.3M$1.2M75xas long as short
Bitget WLFIUSDT+0.0100%4h0.05779−0.054%$7.9M$3.5M75xas long as short
BingX WLFI-USDC+0.0100%4h0.05780−0.036%$2.3Mas long as short
Backpack WLFI_USDC_PERP+0.0100%1h0.05783+0.016%$241K$26K10xas long as short
Variational Omni WLFI+0.0100%4h0.05774−0.148%$451K$40Kas long as short
GRVT WLFI_USDT_Perp+0.0100%4h0.05779−0.048%$283K$1.8M10xas long as short
ApeX Omni WLFIUSDT+0.0100%1h0.05780−0.036%$33K$38K50xas long as short
SunX WLFI-USDT+0.0100%4h0.05790+0.137%$38K$1.7M20xas long as short
SoDEX WLFI-USD+0.0100%1h0.05783+0.016%$87$5K5xas long as short
Extended WLFI-USD+0.0104%1h0.05778−0.071%$176K$735K10xas long as short
01 Exchange WLFIUSD+0.0200%1h0.05785+0.050%$4K$3193xas long as short
GMX WLFI/USD [ETH-USDC]longL +0.0303% / S −0.1371%1h0.05782long leg$7K100x
BloFin WLFI-USDT+0.0340%4h0.05784+0.033%$4.8M$87K75xas long as short
Kraken Futures PF_WLFIUSD+0.0379%1h0.05783+0.016%$97K$90K20xas long as short
Deribit WLFI_USDC-PERPETUAL+0.0442%1h0.05786+0.067%$525$11K10xas long as short