Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0238%/8h= +26.0% APRpaid last 24h −0.108%

Price spread now: Kraken Futures against GRVT+0.321%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$149as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$1201.203% of the position

Long on GRVT Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.282%−$28 on $10k

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 +$7 a day on $10k at the current rate, and Kraken Futures is 0.321% dearer against GRVT than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.282%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT WLFI_USDT_Perp	0.05791	0.0100	pay 0.0050% / 4h	3h 29m	$277K	$1.8M	10x
Short	Kraken Futures PF_WLFIUSD	0.05810	0.0338	get 0.0042% / 1h	29m 03s	$100K	$87K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.321%Rate

Funding earned: $49.92
Price spread: +0.321% → 0.000%: $32.05
Slippage, 4 orders: −$101.29
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$38.32
Costs to cover: 1.203%
Break-even: 12.4 days

Slippage from GRVT: live order book, 4 min ago; Kraken Futures: live order book, 14 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, 4 min ago	8.64 bp	13.1 bp −$13	69.4 bp −$694	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 14 min ago	18.12 bp	34.7 bp −$35	280.1 bp −$2,801	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
dYdX WLFI-USD	0.0000%	1h	0.05793	+0.029%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.392%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05799	+0.134%	$317	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.301%	$6K	$77K	5.5x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0048%	1h	0.05737	−0.938%	$32K	$15K	50x	as long as short
Aster WLFIUSDT	+0.0050%	4h	0.05794	+0.044%	$1.6M	$577K	20x	as long as short
Lighter WLFI	+0.0088%	1h	0.05797	+0.098%	$1.0M	$450K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0095%	1h	0.05804	+0.219%	$527	$11K	10x	as long as short
Paradex WLFI-USD-PERP	+0.0095%	8h	0.05782	−0.169%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05795	+0.064%	$82K	$24K	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	0.05799	+0.139%	$10.6M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05795	+0.060%	$249K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05804	+0.219%	$139.9M	$41.6M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05798	+0.115%	$21.0M	$19.0M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05799	+0.133%	$7.7M	$13.3M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05798	+0.114%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05801	+0.167%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05805	+0.236%	$13.4M	$20.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05797	+0.098%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05799	+0.133%	$7.9M	$3.4M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05801	+0.167%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05805	+0.236%	$241K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05784	−0.118%	$452K	$40K	—	as long as short
GRVT WLFI_USDT_Perplong	+0.0100%	4h	0.05791	long leg	$277K	$1.8M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05790	−0.023%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05810	+0.323%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05801	+0.167%	$106	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05798	+0.112%	$136K	$480K	10x	as long as short
01 Exchange WLFIUSD	+0.0168%	1h	0.05800	+0.150%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0298% / S −0.1279%	1h	0.05802	+0.186%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSDshort	+0.0338%	1h	0.05810	+0.321%	$100K	$87K	20x
BloFin WLFI-USDT	+0.0340%	4h	0.05803	+0.202%	$4.8M	$88K	75x	as long as short