Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0370%/8h= −40.5% APRpaid last 24h −0.040%

Price spread now: Aster against Hyperliquid+0.082%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$400.395% of the position

Long on Hyperliquid Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.287%−$29 on $10k

Price spread, last 7 days−0.115%−$11 · spread now +0.082%, 7d avg −0.001%

Together, before fees−0.401%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$40 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.083% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.001%): +$8 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.287% in total) that is about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid WLFI	0.05731	0.0100	pay 0.0013% / 1h	15m 22s	$10.5M	$1.2M	5x
Short	Aster WLFIUSDT	0.05736	−0.0270	pay 0.0135% / 4h	1h 15m	$1.6M	$576K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$77.64
Price spread: +0.082% → −0.001%: $8.33
Slippage, 4 orders: −$22.54
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$108.84
Costs to cover: 0.395%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 7 min ago; Aster: 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 Hyperliquid live order book, 7 min ago	1.40 bp	11.8 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	1.74 bp	11.9 bp −$12	46.4 bp −$464	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	−0.0702%	1h	0.05736	+0.087%	$73K	$67K	20x	as long as short
Aster WLFIUSDTshort	−0.0270%	4h	0.05736	+0.082%	$1.6M	$576K	20x
Lighter WLFI	−0.0216%	1h	0.05728	−0.054%	$953K	$379K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05729	−0.041%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.485%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05737	+0.103%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05733	+0.039%	$314	—	150x	as long as short
OKX WLFI-USDT-SWAP	+0.0009%	4h	0.05730	−0.019%	$7.5M	$12.6M	50x	as long as short
01 Exchange WLFIUSD	+0.0016%	1h	0.05736	+0.085%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0031%	8h	0.05734	+0.050%	$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
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	−0.263%	$6K	$77K	5.5x	as long as short
Variational Omni WLFI	+0.0088%	4h	0.05716	−0.267%	$442K	$30K	—	as long as short
Gate WLFI_USDT	+0.0092%	4h	0.05733	+0.033%	$3.4M	$2.8M	75x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05729	−0.028%	$79K	$31K	5x	as long as short
Hyperliquid WLFIlong	+0.0100%	1h	0.05731	long leg	$10.5M	$1.2M	5x
Pacifica WLFI	+0.0100%	1h	0.05733	+0.028%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05737	+0.095%	$137.4M	$39.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05730	−0.019%	$20.8M	$17.2M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05737	+0.103%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05735	+0.068%	$14.9M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05734	+0.051%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05731	−0.002%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05730	−0.019%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05736	+0.085%	$239K	$29K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05730	−0.019%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	+0.155%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.155%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05737	+0.103%	$128	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05728	−0.047%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05734	+0.054%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05732	+0.016%	$4.7M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.103%	$32K	$16K	50x	as long as short