Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0209%/8h= +22.9% APRpaid last 24h +0.102%

Price spread now: Variational Omni against Kraken Futures−0.080%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Variational Omni

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 airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.080% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 31 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WLFIUSD	0.05759	−0.0109	get 0.0014% / 1h	38m 17s	$73K	$49K	20x
Short	Variational Omni WLFI	0.05755	0.0100	get 0.0050% / 4h	3h 38m	$446K	$31K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Kraken Futures. 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 Kraken FuturesbpFee Variational OmnibpOrdersPrice spread, now −0.080%Rate

Funding earned: $43.97
Price spread: −0.080% → 0.000%: −$8.02
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $25.95
Costs to cover: 0.100%
Break-even: 2.9 days

Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: RFQ quote, 36 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 36 min ago	4.38 bp	doesn't fit	30.6 bp −$306	doesn't fit	doesn't fit

Kraken Futures: 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_WLFIUSDlong	−0.0109%	1h	0.05759	long leg	$73K	$49K	20x
Lighter WLFI	−0.0032%	1h	0.05753	−0.108%	$987K	$394K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05759	−0.003%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.968%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05757	−0.040%	$315	—	150x	as long as short
Aster WLFIUSDT	+0.0015%	4h	0.05757	−0.045%	$1.6M	$586K	20x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.751%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0086%	8h	0.05759	−0.002%	$2K	$108	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05751	−0.134%	$80K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05754	−0.096%	$10.5M	$1.3M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05755	−0.077%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05762	+0.047%	$138.0M	$39.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05753	−0.108%	$21.2M	$17.7M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05753	−0.108%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05760	+0.020%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05756	−0.056%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05757	−0.039%	$14.3M	$21.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05760	+0.013%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05754	−0.091%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05755	−0.073%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05756	−0.056%	$239K	$28K	10x	as long as short
Variational Omni WLFIshort	+0.0100%	4h	0.05755	−0.080%	$446K	$31K	—
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05750	−0.161%	$278K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	+0.013%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.187%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05758	−0.021%	$105	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05754	−0.086%	$133K	$663K	10x	as long as short
01 Exchange WLFIUSD	+0.0128%	1h	0.05756	−0.056%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	−0.386%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05754	−0.094%	$3K	—	100x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0271%	1h	0.05763	+0.066%	$523	$11K	10x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05765	+0.100%	$4.7M	$77K	75x	as long as short