Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Bitget−0.007%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$640.639% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 4 days (all we have)−0.105%−$10 · spread now −0.007%, 7d avg −0.034%

Together, before fees+0.005%+ Points / potential airdropExtended: Active · farm board$0 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: Extended is 0.027% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLFIUSDT	0.05796	0.0100	pay 0.0050% / 4h	1h 54m	$8.0M	$3.6M	75x
Short	Extended WLFI-USD	0.05796	0.0104	get 0.0013% / 1h	54m 43s	$175K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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 BitgetbpFee ExtendedbpOrdersPrice spread, now −0.007%Rate

Funding earned: $0.84
Price spread: −0.007% → −0.034%: $2.67
Slippage, 4 orders: −$46.94
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$60.43
Costs to cover: 0.639%
Break-even: 510.5 days

Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 1 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 Bitget live order book, 2 min ago	2.59 bp	13.1 bp −$13	24.3 bp −$243	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	4.31 bp	19.6 bp −$20	124.6 bp −$1,246	doesn't fit	doesn't fit

WLFI on 32 exchanges

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	−0.0384%	1h	0.05732	−1.104%	$21K	$15K	50x	as long as short
dYdX WLFI-USD	−0.0197%	1h	0.05799	+0.045%	$6K	$11K	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.305%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05803	+0.121%	$317	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.380%	$6K	$77K	5.5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0095%	1h	0.05805	+0.155%	$527	$11K	10x	as long as short
Lighter WLFI	+0.0096%	1h	0.05792	−0.069%	$1.1M	$450K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05794	−0.034%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05799	+0.060%	$90K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05796	+0.002%	$10.6M	$922K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05795	−0.018%	$1.6M	$549K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05797	+0.017%	$248K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05797	+0.015%	$139.7M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05794	−0.035%	$21.6M	$19.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05797	+0.017%	$7.7M	$13.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05800	+0.071%	$7K	$10K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05798	+0.035%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05795	−0.017%	$12.8M	$20.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05798	+0.035%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDTlong	+0.0100%	4h	0.05796	long leg	$8.0M	$3.6M	75x
BingX WLFI-USDC	+0.0100%	4h	0.05802	+0.104%	—	$2.3M	—	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05812	+0.276%	$453K	$33K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05812	+0.279%	$281K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05800	+0.069%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05810	+0.242%	$38K	$1.6M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05803	+0.121%	$100	$5K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05796	−0.007%	$175K	$1.0M	10x
Backpack WLFI_USDC_PERP	+0.0182%	1h	0.05804	+0.138%	$233K	$34K	10x	as long as short
01 Exchange WLFIUSD	+0.0192%	1h	0.05800	+0.069%	$4K	$335	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05803	+0.116%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05815	+0.328%	$4.9M	$96K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0486%	1h	0.05808	+0.201%	$97K	$130K	20x	as long as short