Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Nado against GRVT−0.530%61s7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 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 · Nado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.530% cheaper against GRVT than usual: you would sell low and buy high, −$53 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 61 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	0.05800	0.0100	pay 0.0050% / 4h	2h 59m	$282K	$1.8M	10x
Short	Nado WLFI-PERP	0.05769	0.0100	get 0.0012% / 1h	59m 43s	$82K	$24K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.530%Rate

Funding earned: $0
Price spread: −0.530% → 0.000%: −$53.04
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$69.04
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 4 min ago; Nado: 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, 4 min ago	8.66 bp	40.9 bp −$41	143.2 bp −$1,432	doesn't fit	doesn't fit
Sell Nado no order-book sample	—	—	—	—	—

Nado: 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
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.235%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05775	−0.439%	$316	—	150x	as long as short
dYdX WLFI-USD	+0.0021%	1h	0.05769	−0.527%	$11K	$954	5x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.448%	$6K	$77K	5.5x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0048%	1h	0.05737	−1.086%	$32K	$15K	50x	as long as short
Lighter WLFI	+0.0056%	1h	0.05779	−0.362%	$1.0M	$452K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0097%	8h	0.05770	−0.524%	$2K	$118	5x	as long as short
Nado WLFI-PERPshort	+0.0100%	1h	0.05769	−0.530%	$82K	$24K	5x
Hyperliquid WLFI	+0.0100%	1h	0.05779	−0.371%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05784	−0.268%	$1.6M	$583K	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	0.05768	−0.555%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05782	−0.312%	$139.5M	$42.3M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05778	−0.379%	$21.1M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05778	−0.379%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05773	−0.464%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05777	−0.397%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05781	−0.328%	$13.7M	$20.8M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05780	−0.345%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05784	−0.276%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05770	−0.517%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05781	−0.328%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05766	−0.578%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perplong	+0.0100%	4h	0.05800	long leg	$282K	$1.8M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.517%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	−0.345%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05777	−0.397%	$96	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05774	−0.449%	$133K	$682K	10x	as long as short
01 Exchange WLFIUSD	+0.0160%	1h	0.05775	−0.431%	$4K	$319	3x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0269%	1h	0.05779	−0.362%	$525	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0298% / S −0.1279%	1h	0.05774	−0.457%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0340%	1h	0.05779	−0.359%	$97K	$91K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05775	−0.431%	$4.8M	$87K	75x	as long as short