WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.12 per $10,000 · paid last 24h −0.024%

Price spread now: gTrade (Gains Network) against Backpack−0.041%7-day average — · you buy dearer than you sell

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

Long on Backpack Short on gTrade (Gains Network)

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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.041% cheaper against Backpack than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack WLFI_USDC_PERP	0.05764	0.0100	pay 0.0013% / 1h	16m 39s	$234K	$30K	10x
Short	gTrade (Gains Network) WLFI/USD	0.05762	L +0.0005% / S −0.0005%	get 0.0001% / 1h	16m 39s	$315	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.041%Rate

Funding earned: −$20.02
Price spread: −0.041% → 0.000%: −$4.15
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$44.17
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 22 min ago; gTrade (Gains Network): 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 Backpack live order book, 22 min ago	0.87 bp	8.9 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Coinbase International WLFI-PERP-INTX	−0.0328%	1h	0.05732	−0.555%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.886%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USDshort	L +0.0005% / S −0.0005%	1h	0.05762	−0.041%	$315	—	150x
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.833%	$6K	$77K	5.5x	as long as short
BloFin WLFI-USDT	+0.0066%	4h	0.05767	+0.052%	$4.8M	$91K	75x	as long as short
dYdX WLFI-USD	+0.0075%	1h	0.05765	+0.009%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05760	−0.069%	$1.0M	$467K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05761	−0.046%	$2K	$118	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05763	−0.023%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05763	−0.010%	$1.6M	$533K	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	0.05763	−0.024%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05768	+0.068%	$139.2M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05758	−0.104%	$21.0M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05761	−0.052%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05765	+0.023%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05762	−0.035%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05767	+0.052%	$13.7M	$20.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05763	−0.017%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05762	−0.035%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05763	−0.017%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERPlong	+0.0100%	1h	0.05764	long leg	$234K	$30K	10x
Variational Omni WLFI	+0.0100%	4h	0.05751	−0.217%	$449K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05770	+0.104%	$284K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.069%	$33K	$38K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05761	−0.052%	$81K	$23K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.104%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05764	0.000%	$92	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05762	−0.043%	$176K	$1.0M	10x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0270%	1h	0.05767	+0.052%	$523	$11K	10x	as long as short
01 Exchange WLFIUSD	+0.0272%	1h	0.05766	+0.035%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05763	−0.019%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0407%	1h	0.05777	+0.218%	$97K	$90K	20x	as long as short