Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h +0.026%

Price spread now: 01 Exchange against GRVT−0.157%56s7-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 01 Exchange

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 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.157% cheaper against GRVT than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 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	0.05720	0.0100	pay 0.0050% / 4h	1h 32m	$275K	$1.9M	10x
Short	01 Exchange WLFIUSD	0.05711	0.0008	get 0.0001% / 1h	32m 03s	$4K	$319	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.157%Rate

Funding earned: −$19.32
Price spread: −0.157% → 0.000%: −$15.73
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$51.05
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 1 min ago; 01 Exchange: 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, 1 min ago	8.75 bp	30.1 bp −$30	173.3 bp −$1,733	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Kraken Futures PF_WLFIUSD	−0.0706%	1h	0.05707	−0.224%	$73K	$70K	20x	as long as short
Aster WLFIUSDT	−0.0314%	4h	0.05708	−0.213%	$1.6M	$576K	20x	as long as short
Lighter WLFI	−0.0248%	1h	0.05702	−0.315%	$945K	$375K	5x	as long as short
OKX WLFI-USDT-SWAP	−0.0009%	4h	0.05702	−0.315%	$7.4M	$12.5M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05717	−0.049%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.686%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05712	−0.140%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05711	−0.156%	$312	—	150x	as long as short
01 Exchange WLFIUSDshort	+0.0008%	1h	0.05711	−0.157%	$4K	$319	3x
Paradex WLFI-USD-PERP	+0.0012%	8h	0.05713	−0.125%	$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
Gate WLFI_USDT	+0.0070%	4h	0.05705	−0.262%	$3.4M	$2.8M	75x	as long as short
Hyperliquid WLFI	+0.0082%	1h	0.05705	−0.255%	$10.4M	$1.2M	5x	as long as short
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	−0.070%	$6K	$77K	5.5x	as long as short
Variational Omni WLFI	+0.0089%	4h	0.05710	−0.178%	$442K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05706	−0.236%	$79K	$31K	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05710	−0.177%	$242K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05711	−0.164%	$136.6M	$38.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05703	−0.297%	$20.5M	$17.0M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05714	−0.107%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05710	−0.175%	$14.8M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05712	−0.140%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05703	−0.297%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05708	−0.210%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05707	−0.227%	$237K	$30K	10x	as long as short
GRVT WLFI_USDT_Perplong	+0.0100%	4h	0.05720	long leg	$275K	$1.9M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05710	−0.175%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05710	−0.175%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05710	−0.175%	$119	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05701	−0.340%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05713	−0.131%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05720	0.000%	$4.7M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.297%	$32K	$16K	50x	as long as short