Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%

Price spread now: KuCoin against GRVT+0.104%83s7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$980.977% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 3 days (all we have)−0.174%−$17 · spread now +0.104%, 7d avg −0.043%

Together, before fees−0.154%+ Points / potential airdropGRVT: Active · farm board−$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.147% dearer against GRVT than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.043%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT WLFI_USDT_Perp	0.05750	0.0100	pay 0.0050% / 4h	3h 36m	$278K	$1.9M	10x
Short	KuCoin WLFIUSDTM	0.05756	0.0100	get 0.0050% / 4h	3h 36m	$3.3M	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.104%Rate

Funding earned: $0
Price spread: +0.104% → −0.043%: $14.67
Slippage, 4 orders: −$76.7
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$83.03
Costs to cover: 0.977%
Break-even: never at this rate

Slippage from GRVT: live order book, 2 min ago; KuCoin: live order book, 11 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	8.69 bp	32.9 bp −$33	107.6 bp −$1,076	doesn't fit	doesn't fit
Sell KuCoin live order book, 11 min ago	7.84 bp	26.7 bp −$27	99.8 bp −$998	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	−0.0109%	1h	0.05755	+0.085%	$73K	$49K	20x	as long as short
Lighter WLFI	−0.0024%	1h	0.05748	−0.035%	$986K	$394K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05753	+0.044%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.136%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05754	+0.077%	$315	—	150x	as long as short
Aster WLFIUSDT	+0.0022%	4h	0.05754	+0.062%	$1.6M	$586K	20x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.592%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0086%	8h	0.05755	+0.088%	$2K	$108	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0098%	1h	0.05757	+0.121%	$523	$11K	10x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05752	+0.034%	$10.5M	$1.3M	5x	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	0.05752	+0.027%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05756	+0.100%	$137.8M	$39.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05750	0.000%	$21.1M	$17.6M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05750	0.000%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05757	+0.120%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05752	+0.034%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05754	+0.069%	$14.3M	$21.4M	100x	as long as short
KuCoin WLFIUSDTMshort	+0.0100%	4h	0.05756	+0.104%	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05753	+0.052%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05752	+0.034%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05753	+0.052%	$239K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05749	−0.025%	$445K	$31K	—	as long as short
GRVT WLFI_USDT_Perplong	+0.0100%	4h	0.05750	long leg	$278K	$1.9M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	+0.173%	$33K	$42K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05750	0.000%	$80K	$26K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05760	+0.173%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05755	+0.087%	$106	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05750	+0.005%	$133K	$663K	10x	as long as short
01 Exchange WLFIUSD	+0.0136%	1h	0.05753	+0.052%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	−0.227%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05753	+0.059%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05764	+0.243%	$4.7M	$77K	75x	as long as short