Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against GRVT−0.064%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1291.292% of the position

Long on GRVT Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.024%−$2 · spread now −0.064%, 7d avg −0.055%

Together, before fees−0.024%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT WLFI_USDT_Perp	0.05787	0.0100	pay 0.0050% / 4h	2h 21m	$283K	$1.8M	10x
Short	BingX WLFI-USDT	0.05783	0.0100	get 0.0050% / 4h	2h 21m	—	$7.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against GRVT. 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 GRVTbpFee BingXbpOrdersPrice spread, now −0.064%Rate

Funding earned: $0
Price spread: −0.064% → −0.055%: −$0.95
Slippage, 4 orders: −$110.23
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: −$130.19
Costs to cover: 1.292%
Break-even: never at this rate

Slippage from GRVT: live order book, 2 min ago; BingX: live order book, 2 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 GRVT live order book, 2 min ago	8.64 bp	48.8 bp −$49	143.9 bp −$1,439	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	5.18 bp	15.0 bp −$15	28.7 bp −$287	84.9 bp −$8,486	505.3 bp −$252.6K

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	−0.859%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.476%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05780	−0.109%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.222%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0034%	1h	0.05778	−0.143%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05776	−0.185%	$1.0M	$458K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05781	−0.097%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05784	−0.047%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05780	−0.119%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05781	−0.091%	$1.6M	$580K	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	0.05783	−0.071%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05783	−0.064%	$139.5M	$42.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05781	−0.099%	$21.1M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05780	−0.116%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05786	−0.004%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05782	−0.081%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05784	−0.047%	$13.8M	$20.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05784	−0.047%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05780	−0.116%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDTshort	+0.0100%	4h	0.05783	−0.064%	—	$7.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05784	−0.047%	$241K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05761	−0.452%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perplong	+0.0100%	4h	0.05787	long leg	$283K	$1.8M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.116%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.057%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05784	−0.047%	$88	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05777	−0.170%	$176K	$735K	10x	as long as short
01 Exchange WLFIUSD	+0.0192%	1h	0.05788	+0.022%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05783	−0.062%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05786	−0.012%	$4.8M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0379%	1h	0.05783	−0.059%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0442%	1h	0.05785	−0.030%	$525	$11K	10x	as long as short