WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.07 per $10,000 · paid last 24h +0.005%

Price spread now: Extended against Backpack−0.043%48s7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$520.523% of the position

Long on Backpack Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.246%+$25 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.043%, 7d avg −0.043%

Together, before fees+0.255%+ Points / potential airdropExtended: Active · farm board+$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.246%, so the current rate has only just turned against you. 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	Backpack WLFI_USDC_PERP	0.05777	0.0159	pay 0.0020% / 1h	56m 24s	$240K	$26K	10x
Short	Extended WLFI-USD	0.05775	0.0104	get 0.0013% / 1h	56m 24s	$176K	$735K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Backpack. 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 BackpackbpFee ExtendedbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$11.57
Price spread: −0.043% → −0.043%: $0.04
Slippage, 4 orders: −$37.26
Fee Backpack: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$63.79
Costs to cover: 0.523%
Break-even: never at this rate

Slippage from Backpack: live order book, 52 min ago; Extended: live order book, 51 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 Backpack live order book, 52 min ago	0.86 bp	7.0 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 51 min ago	2.59 bp	17.7 bp −$18	106.8 bp −$1,068	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	−0.0312%	1h	0.05737	−0.692%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05779	+0.034%	$11K	$943	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.649%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05776	−0.012%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.056%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05772	−0.087%	$1.0M	$458K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05774	−0.052%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05775	−0.026%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05775	−0.029%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05781	+0.078%	$1.6M	$556K	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	0.05779	+0.035%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05783	+0.104%	$139.5M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05776	−0.017%	$21.0M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05776	−0.017%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05779	+0.033%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05778	+0.017%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05783	+0.104%	$13.8M	$20.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05779	+0.035%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05776	−0.017%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05779	+0.035%	—	$2.3M	—	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05774	−0.044%	$451K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05780	+0.052%	$283K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	+0.052%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.225%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05777	0.000%	$82	$5K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05775	−0.043%	$176K	$735K	10x
Backpack WLFI_USDC_PERPlong	+0.0159%	1h	0.05777	long leg	$240K	$26K	10x
01 Exchange WLFIUSD	+0.0296%	1h	0.05782	+0.087%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05775	−0.035%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0306%	1h	0.05782	+0.086%	$97K	$90K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05785	+0.138%	$4.8M	$85K	75x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0615%	1h	0.05783	+0.104%	$525	$11K	10x	as long as short