Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Binance−0.119%7-day average −0.113% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$570.565% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.119%, 7d avg −0.113%

Together, before fees+0.002%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLFIUSDT	0.05776	0.0100	pay 0.0050% / 4h	11m 19s	$139.4M	$42.9M	75x
Short	Extended WLFI-USD	0.05769	0.0104	get 0.0013% / 1h	11m 19s	$174K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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 BinancebpFee ExtendedbpOrdersPrice spread, now −0.119%Rate

Funding earned: $0.84
Price spread: −0.119% → −0.113%: −$0.6
Slippage, 4 orders: −$41.51
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$56.28
Costs to cover: 0.565%
Break-even: 476.0 days

Slippage from Binance: live order book, 2 min ago; Extended: 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 Binance live order book, 2 min ago	0.87 bp	9.8 bp −$10	20.0 bp −$200	113.0 bp −$11.3K	doesn't fit
Sell Extended live order book, 2 min ago	2.60 bp	17.8 bp −$18	109.4 bp −$1,094	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	−0.0328%	1h	0.05732	−0.762%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.669%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05770	−0.103%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.039%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0068%	1h	0.05770	−0.102%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05767	−0.156%	$1.0M	$467K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05770	−0.105%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05770	−0.095%	$81K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05770	−0.102%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05772	−0.075%	$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	0.05772	−0.076%	$246K	$14K	5x	as long as short
Binance WLFIUSDTlong	+0.0100%	4h	0.05776	long leg	$139.4M	$42.9M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05768	−0.139%	$21.1M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05770	−0.104%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05774	−0.038%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05771	−0.087%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05776	0.000%	$13.5M	$20.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05774	−0.035%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05769	−0.121%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05773	−0.052%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05775	−0.017%	$234K	$30K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05758	−0.318%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05768	−0.140%	$284K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.277%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.069%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05773	−0.052%	$97	$5K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05769	−0.119%	$174K	$1.0M	10x
BloFin WLFI-USDT	+0.0122%	4h	0.05777	+0.017%	$4.8M	$91K	75x	as long as short
01 Exchange WLFIUSD	+0.0248%	1h	0.05774	−0.035%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05772	−0.068%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0406%	1h	0.05788	+0.199%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0616%	1h	0.05778	+0.035%	$524	$11K	10x	as long as short