WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0091%/8h= −10.0% APRnext payment −$0.46 per $10,000 · paid last 24h +0.014%

Price spread now: OKX against GRVT−0.070%61s7-day average −0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$93as 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−$900.895% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 3 days (all we have)−0.180%−$18 · spread now −0.070%, 7d avg −0.106%

Together, before fees−0.211%+ Points / potential airdropGRVT: Active · farm board−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.037% dearer against GRVT than usual: you sell high and buy low (spread −0.070% now, against its 7-day average of −0.106%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.031% in total) that is about 8.2 days. 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	0.05730	0.0100	pay 0.0050% / 4h	2h 20m	$274K	$2.0M	10x
Short	OKX WLFI-USDT-SWAP	0.05726	0.0009	get 0.0004% / 4h	2h 20m	$7.5M	$12.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.070%Rate

Funding earned: −$19.12
Price spread: −0.070% → −0.106%: $3.69
Slippage, 4 orders: −$70.55
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$104.98
Costs to cover: 0.895%
Break-even: never at this rate

Slippage from GRVT: live order book, 3 min ago; OKX: live order book, 3 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	32.9 bp −$33	163.1 bp −$1,631	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.87 bp	12.8 bp −$13	28.1 bp −$281	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	−0.0589%	1h	0.05732	+0.039%	$73K	$88K	20x	as long as short
Aster WLFIUSDT	−0.0221%	4h	0.05730	−0.004%	$1.6M	$567K	20x	as long as short
Lighter WLFI	−0.0160%	1h	0.05727	−0.052%	$943K	$369K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	−0.0099%	1h	0.05733	+0.053%	$10K	$624	10x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	−0.139%	$6K	$64K	5.5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05729	−0.010%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.504%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05731	+0.024%	$313	—	150x	as long as short
OKX WLFI-USDT-SWAPshort	+0.0009%	4h	0.05726	−0.070%	$7.5M	$12.4M	50x
Paradex WLFI-USD-PERP	+0.0052%	8h	0.05730	−0.005%	$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
01 Exchange WLFIUSD	+0.0072%	1h	0.05732	+0.035%	$4K	$319	3x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05719	−0.187%	$442K	$30K	—	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05727	−0.056%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05729	−0.010%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05732	+0.038%	$137.1M	$38.6M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05727	−0.052%	$20.5M	$16.9M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05734	+0.065%	$1K	$10	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05729	−0.017%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05731	+0.018%	$14.9M	$21.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05734	+0.070%	$3.3M	$963K	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05731	+0.018%	$8.0M	$3.0M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05728	−0.035%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05735	+0.087%	$239K	$31K	10x	as long as short
GRVT WLFI_USDT_Perplong	+0.0100%	4h	0.05730	long leg	$274K	$2.0M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	0.000%	$33K	$41K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05728	−0.035%	$79K	$27K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.175%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05732	+0.035%	$114	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05727	−0.047%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05737	+0.122%	$32K	$16K	50x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05734	+0.070%	$4.7M	$74K	75x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0383% / S −0.2839%	1h	0.05733	+0.061%	$14K	—	100x	as long as short