Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0268%/8h= +29.3% APRpaid last 24h −0.003%

Price spread now: Coinbase International against GRVT+0.121%7-day average — · you sell dearer than you buy

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

Long on GRVT Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

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

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 0.121% dearer against GRVT than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT WLFI_USDT_Perp	0.05730	0.0100	pay 0.0050% / 4h	0m 27s	$276K	$1.9M	10x
Short	Coinbase International WLFI-PERP-INTX	0.05737	0.0368	get 0.0046% / 1h	0m 27s	$32K	$16K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.121%Rate

Funding earned: $56.28
Price spread: +0.121% → 0.000%: $12.11
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $49.39
Costs to cover: 0.190%
Break-even: 0.9 days

Slippage unknown: GRVT: live order book, 3 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GRVT live order book, 3 min ago	8.72 bp	13.2 bp −$13	58.0 bp −$580	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WLFIUSD	−0.0434%	1h	0.05743	+0.230%	$73K	$50K	20x	as long as short
Aster WLFIUSDT	−0.0046%	4h	0.05740	+0.182%	$1.6M	$584K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05737	+0.121%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.502%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05744	+0.242%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.245%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0048%	1h	0.05737	+0.121%	$970K	$396K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0079%	8h	0.05746	+0.271%	$2K	$108	5x	as long as short
01 Exchange WLFIUSD	+0.0096%	1h	0.05745	+0.261%	$4K	$319	3x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0098%	1h	0.05742	+0.208%	$521	$11K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05742	+0.201%	$79K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05742	+0.212%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05742	+0.200%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05746	+0.278%	$137.6M	$40.2M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05741	+0.191%	$20.8M	$17.7M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05743	+0.226%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05746	+0.280%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05744	+0.243%	$3.5M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05745	+0.261%	$14.5M	$21.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05742	+0.208%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05744	+0.243%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05742	+0.208%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05742	+0.208%	$239K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05727	−0.058%	$444K	$31K	—	as long as short
GRVT WLFI_USDT_Perplong	+0.0100%	4h	0.05730	long leg	$276K	$1.9M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.001%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.173%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05742	+0.208%	$111	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05741	+0.194%	$133K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05744	+0.240%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05744	+0.243%	$4.7M	$77K	75x	as long as short
Coinbase International WLFI-PERP-INTXshort	+0.0368%	1h	0.05737	+0.121%	$32K	$16K	50x