Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.021%

Price spread now: Extended against GRVT−0.115%7-day average −0.124% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$900.897% of the position

Long on GRVT Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 3 days (all we have)−0.061%−$6 · spread now −0.115%, 7d avg −0.124%

Together, before fees−0.033%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$3 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	0.05719	0.0100	pay 0.0050% / 4h	1h 35m	$275K	$1.9M	10x
Short	Extended WLFI-USD	0.05713	0.0104	get 0.0013% / 1h	35m 10s	$132K	$490K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.115%Rate

Funding earned: $0.84
Price spread: −0.115% → −0.124%: $0.92
Slippage, 4 orders: −$75.67
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$87.91
Costs to cover: 0.897%
Break-even: 739.6 days

Slippage from GRVT: live order book, 3 min ago; Extended: live order book, 48 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, 3 min ago	8.73 bp	19.2 bp −$19	160.3 bp −$1,603	doesn't fit	doesn't fit
Sell Extended live order book, 48 min ago	1.75 bp	17.2 bp −$17	132.9 bp −$1,329	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	−0.0705%	1h	0.05716	−0.048%	$73K	$70K	20x	as long as short
Aster WLFIUSDT	−0.0306%	4h	0.05719	−0.003%	$1.6M	$568K	20x	as long as short
Lighter WLFI	−0.0280%	1h	0.05710	−0.160%	$946K	$375K	5x	as long as short
OKX WLFI-USDT-SWAP	−0.0002%	4h	0.05711	−0.142%	$7.5M	$12.5M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05722	+0.050%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.703%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05718	−0.020%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05718	−0.019%	$313	—	150x	as long as short
01 Exchange WLFIUSD	+0.0008%	1h	0.05717	−0.038%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0014%	8h	0.05715	−0.074%	$2K	$108	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	+0.0066%	1h	0.05713	−0.106%	$10.5M	$1.2M	5x	as long as short
Gate WLFI_USDT	+0.0076%	4h	0.05716	−0.055%	$3.4M	$2.8M	75x	as long as short
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	−0.055%	$6K	$77K	5.5x	as long as short
Variational Omni WLFI	+0.0089%	4h	0.05710	−0.163%	$442K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05713	−0.099%	$79K	$31K	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05712	−0.125%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05721	+0.030%	$136.8M	$38.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05712	−0.125%	$20.5M	$16.9M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05719	−0.010%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05720	+0.015%	$14.8M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05720	+0.015%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05714	−0.090%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05716	−0.055%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05716	−0.055%	$238K	$30K	10x	as long as short
GRVT WLFI_USDT_Perplong	+0.0100%	4h	0.05719	long leg	$275K	$1.9M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	+0.190%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.015%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05716	−0.055%	$121	$5K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05713	−0.115%	$132K	$490K	10x
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05715	−0.076%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05716	−0.055%	$4.5M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.312%	$32K	$16K	50x	as long as short