Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against KuCoin−0.035%7-day average +0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$990.985% of the position

Long on KuCoin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.178%+$18 · spread now −0.035%, 7d avg +0.055%

Together, before fees+0.178%+ Points / potential airdropGRVT: Active · farm board+$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.090% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLFIUSDTM	0.05792	0.0100	pay 0.0050% / 4h	2h 51m	$3.3M	$1.1M	75x
Short	GRVT WLFI_USDT_Perp	0.05790	0.0100	get 0.0050% / 4h	2h 51m	$277K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → +0.055%: −$8.99
Slippage, 4 orders: −$77.52
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$107.51
Costs to cover: 0.985%
Break-even: never at this rate

Slippage from KuCoin: live order book, 11 min ago; GRVT: live order book, 2 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 KuCoin live order book, 11 min ago	6.93 bp	21.5 bp −$22	93.0 bp −$930	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	8.64 bp	18.4 bp −$18	139.7 bp −$1,397	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
Coinbase International WLFI-PERP-INTX	−0.0144%	1h	0.05737	−0.950%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05788	−0.061%	$11K	$943	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.380%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05789	−0.044%	$317	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.312%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0072%	1h	0.05786	−0.104%	$1.0M	$454K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0098%	8h	0.05785	−0.115%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05787	−0.078%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05790	−0.035%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05791	−0.020%	$1.6M	$584K	20x	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	0.05789	−0.047%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05795	+0.044%	$139.8M	$42.3M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05789	−0.052%	$21.2M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05790	−0.035%	$7.7M	$13.4M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05792	−0.007%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05791	−0.017%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05794	+0.035%	$13.8M	$20.4M	100x	as long as short
KuCoin WLFIUSDTMlong	+0.0100%	4h	0.05792	long leg	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05791	−0.017%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05790	−0.035%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05793	+0.017%	$241K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05785	−0.112%	$452K	$40K	—	as long as short
GRVT WLFI_USDT_Perpshort	+0.0100%	4h	0.05790	−0.035%	$277K	$1.8M	10x
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05790	−0.035%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	−0.035%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05793	+0.017%	$101	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05788	−0.071%	$133K	$695K	10x	as long as short
01 Exchange WLFIUSD	+0.0200%	1h	0.05794	+0.035%	$4K	$319	3x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0268%	1h	0.05795	+0.052%	$526	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0298% / S −0.1279%	1h	0.05791	−0.012%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05793	+0.017%	$4.8M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0379%	1h	0.05795	+0.044%	$97K	$91K	20x	as long as short