Funding arb · Price arb /

WLFI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%

Price spread now: Arcus against Hyperliquid+0.106%7-day average — · you sell dearer than you buy

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

Long on Hyperliquid Short on Arcus

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 airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.106% dearer against Hyperliquid than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid WLFI	0.05749	0.0100	pay 0.0013% / 1h	32m 23s	$10.5M	$1.3M	5x
Short	Arcus WLFI-USD	0.05755	0.0100	get 0.0013% / 1h	32m 23s	$1K	$753	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Hyperliquid. 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 HyperliquidbpFee ArcusbpOrdersPrice spread, now +0.106%Rate

Funding earned: $0
Price spread: +0.106% → 0.000%: $10.61
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$2.89
Costs to cover: 0.135%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 10 min ago; Arcus: 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 Hyperliquid live order book, 10 min ago	1.65 bp	9.8 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: 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	−0.0433%	1h	0.05751	+0.037%	$73K	$57K	20x	as long as short
Aster WLFIUSDT	−0.0106%	4h	0.05750	+0.020%	$1.6M	$581K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05747	−0.042%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.150%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05750	+0.015%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.577%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0072%	8h	0.05752	+0.050%	$2K	$108	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05746	−0.056%	$965K	$388K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0098%	1h	0.05755	+0.101%	$522	$11K	10x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05749	−0.003%	$7.5M	$12.7M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05749	−0.012%	$79K	$26K	5x	as long as short
Hyperliquid WLFIlong	+0.0100%	1h	0.05749	long leg	$10.5M	$1.3M	5x
Pacifica WLFI	+0.0100%	1h	0.05751	+0.023%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05752	+0.050%	$137.8M	$39.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05748	−0.021%	$21.0M	$17.4M	75x	as long as short
Arcus WLFI-USDshort	+0.0100%	1h	0.05755	+0.106%	$1K	$753	5x
Gate WLFI_USDT	+0.0100%	4h	0.05749	−0.003%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05753	+0.066%	$15.1M	$21.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05752	+0.049%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05750	+0.014%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05750	+0.014%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05751	+0.031%	$239K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05738	−0.198%	$444K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05742	−0.126%	$275K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.334%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	+0.014%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05752	+0.049%	$118	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05748	−0.012%	$133K	$490K	10x	as long as short
01 Exchange WLFIUSD	+0.0120%	1h	0.05753	+0.066%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05752	+0.056%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05758	+0.153%	$4.7M	$74K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	−0.212%	$32K	$16K	50x	as long as short