Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.034%

Price spread now: Aster against Injective+0.199%67s7-day average — · you sell dearer than you buy

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

Long on Injective Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.199% dearer against Injective than usual: you sell high and buy low (spread +0.199% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.4 days. The two prices were read 67 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	Injective WLFI/USDC PERP	0.05716	0.0033	pay 0.0004% / 1h	8m 07s	$6K	$77K	5.5x
Short	Aster WLFIUSDT	0.05727	−0.0071	pay 0.0035% / 4h	8m 07s	$1.6M	$584K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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 InjectivebpFee AsterbpOrdersPrice spread, now +0.199%Rate

Funding earned: −$21.9
Price spread: +0.199% → 0.000%: $19.88
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aster: 4 bp × 2 orders: −$8
Net: −$10.03
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Aster: live order book, 5 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Aster live order book, 5 min ago	2.62 bp	10.8 bp −$11	40.7 bp −$407	doesn't fit	doesn't fit

Injective: 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	−0.0435%	1h	0.05729	+0.227%	$73K	$50K	20x	as long as short
Aster WLFIUSDTshort	−0.0071%	4h	0.05727	+0.199%	$1.6M	$584K	20x
dYdX WLFI-USD	0.0000%	1h	0.05728	+0.211%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.762%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05728	+0.210%	$313	—	150x	as long as short
Injective WLFI/USDC PERPlong	+0.0033%	1h	0.05716	long leg	$6K	$77K	5.5x
Lighter WLFI	+0.0064%	1h	0.05720	+0.070%	$965K	$394K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0077%	8h	0.05729	+0.231%	$2K	$108	5x	as long as short
01 Exchange WLFIUSD	+0.0096%	1h	0.05728	+0.210%	$4K	$319	3x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0099%	1h	0.05729	+0.227%	$520	$11K	10x	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	0.05726	+0.175%	$79K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05725	+0.150%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05726	+0.178%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05727	+0.192%	$137.2M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05722	+0.105%	$20.8M	$17.7M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05725	+0.157%	$7.5M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05730	+0.245%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05724	+0.140%	$3.5M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05727	+0.192%	$14.5M	$21.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05728	+0.210%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05723	+0.122%	$7.9M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05723	+0.122%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05726	+0.175%	$238K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05713	−0.058%	$443K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05722	+0.103%	$273K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	+0.070%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	+0.245%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05728	+0.210%	$108	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05723	+0.129%	$133K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05725	+0.152%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05723	+0.122%	$4.7M	$77K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	+0.367%	$32K	$16K	50x	as long as short