Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.053%

Price spread now: Nado against Aster−0.064%48s7-day average — · you buy dearer than you sell

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

Long on Aster Short on Nado

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 airdropAster: Stage 5 · Nado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.064% cheaper against Aster than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 13 hours of funding at the current rate (+$11 a day). The two prices were read 48 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	Aster WLFIUSDT	0.05714	−0.0280	get 0.0140% / 4h	1h 48m	$1.6M	$569K	20x
Short	Nado WLFI-PERP	0.05711	0.0100	get 0.0013% / 1h	48m 41s	$79K	$31K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Aster. 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 AsterbpFee NadobpOrdersPrice spread, now −0.064%Rate

Funding earned: $79.72
Price spread: −0.064% → 0.000%: −$6.39
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $58.33
Costs to cover: 0.150%
Break-even: 1.9 days

Slippage unknown: Aster: live order book, 4 min ago; Nado: 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 Aster live order book, 4 min ago	2.63 bp	9.6 bp −$10	40.6 bp −$406	doesn't fit	doesn't fit
Sell Nado no order-book sample	—	—	—	—	—

Nado: 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	−0.0705%	1h	0.05713	−0.020%	$73K	$70K	20x	as long as short
Lighter WLFI	−0.0288%	1h	0.05705	−0.160%	$943K	$372K	5x	as long as short
Aster WLFIUSDTlong	−0.0280%	4h	0.05714	long leg	$1.6M	$569K	20x
dYdX WLFI-USD	0.0000%	1h	0.05719	+0.077%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.798%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05714	−0.003%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05714	+0.003%	$312	—	150x	as long as short
Hyperliquid WLFI	+0.0010%	1h	0.05706	−0.136%	$10.5M	$1.2M	5x	as long as short
01 Exchange WLFIUSD	+0.0024%	1h	0.05715	+0.015%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0025%	8h	0.05715	+0.018%	$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
OKX WLFI-USDT-SWAP	+0.0028%	4h	0.05709	−0.090%	$7.5M	$12.4M	50x	as long as short
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	+0.032%	$6K	$77K	5.5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05710	−0.080%	$242K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05714	−0.003%	$136.7M	$38.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05707	−0.125%	$20.5M	$17.0M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05717	+0.050%	$1K	$10	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05710	−0.073%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05711	−0.055%	$14.9M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05718	+0.067%	$3.3M	$1.0M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05712	−0.038%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05710	−0.073%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05714	−0.003%	$238K	$30K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05708	−0.107%	$441K	$30K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05710	−0.071%	$276K	$2.0M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	+0.102%	$33K	$41K	50x	as long as short
Nado WLFI-PERPshort	+0.0100%	1h	0.05711	−0.064%	$79K	$31K	5x
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.102%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05714	−0.003%	$118	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05707	−0.123%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05714	−0.001%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05718	+0.067%	$4.7M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.400%	$32K	$16K	50x	as long as short