Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0396%/8h= +43.3% APRpaid last 24h +4.298%

Price spread now: GMX against KuCoin+0.017%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on GMX

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—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLFIUSDTM	0.05772	0.0100	pay 0.0050% / 4h	3h 31m	$3.3M	$1.1M	75x
Short	GMX WLFI/USD [ETH-USDC]	0.05773	L +0.0252% / S −0.0496%	get 0.0062% / 1h	31m 09s	$3K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against KuCoin. 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 KuCoinbpFee GMXbpOrdersPrice spread, now +0.017%Rate

Funding earned: $83.13
Price spread: +0.017% → 0.000%: $1.73
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: $60.86
Costs to cover: 0.240%
Break-even: 1.9 days

Slippage unknown: KuCoin: live order book, 6 min ago; GMX: 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 KuCoin live order book, 6 min ago	4.34 bp	24.5 bp −$24	92.8 bp −$928	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.0109%	1h	0.05770	−0.029%	$73K	$49K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05770	−0.042%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.736%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05771	−0.017%	$524	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05771	−0.019%	$316	—	150x	as long as short
Lighter WLFI	+0.0008%	1h	0.05764	−0.139%	$992K	$397K	5x	as long as short
Aster WLFIUSDT	+0.0031%	4h	0.05769	−0.052%	$1.6M	$587K	20x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.970%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0085%	8h	0.05775	+0.052%	$2K	$108	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05770	−0.030%	$80K	$26K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05766	−0.106%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05772	−0.007%	$248K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05771	−0.022%	$138.3M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05764	−0.139%	$21.2M	$17.7M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05764	−0.139%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05776	+0.074%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05771	−0.017%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05770	−0.035%	$14.3M	$21.4M	100x	as long as short
KuCoin WLFIUSDTMlong	+0.0100%	4h	0.05772	long leg	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05770	−0.035%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05766	−0.104%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05770	−0.035%	$240K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05768	−0.076%	$447K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05747	−0.436%	$278K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.208%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.139%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05770	−0.035%	$117	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05766	−0.108%	$133K	$663K	10x	as long as short
01 Exchange WLFIUSD	+0.0136%	1h	0.05775	+0.052%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	−0.606%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]short	L +0.0252% / S −0.0496%	1h	0.05773	+0.017%	$3K	—	100x
BloFin WLFI-USDT	+0.0340%	4h	0.05772	0.000%	$4.8M	$77K	75x	as long as short