Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h +0.007%

Price spread now: Gate against Coinbase International+0.070%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and Gate is 0.070% dearer against Coinbase International than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WLFI-PERP-INTX	0.05737	−0.0200	get 0.0025% / 1h	56m 28s	$32K	$15K	50x
Short	Gate WLFI_USDT	0.05741	0.0100	get 0.0050% / 4h	1h 56m	$3.4M	$2.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Coinbase International. 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 Coinbase InternationalbpFee GatebpOrdersPrice spread, now +0.070%Rate

Funding earned: $63
Price spread: +0.070% → 0.000%: $6.97
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $44.97
Costs to cover: 0.250%
Break-even: 2.0 days

Slippage unknown: Coinbase International: no order-book sample; Gate: live order book, 2 min ago. 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Gate live order book, 2 min ago	3.49 bp	16.2 bp −$16	34.9 bp −$349	67.1 bp −$6,713	doesn't fit

Coinbase International: 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 31 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-INTXlong	−0.0200%	1h	0.05737	long leg	$32K	$15K	50x
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05730	−0.120%	$99K	$85K	20x	as long as short
Lighter WLFI	−0.0072%	1h	0.05738	+0.017%	$1.0M	$419K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05738	+0.018%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.376%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05730	−0.122%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05741	+0.066%	$314	—	150x	as long as short
Aster WLFIUSDT	+0.0029%	4h	0.05732	−0.087%	$1.6M	$581K	20x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.366%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0079%	8h	0.05740	+0.057%	$2K	$118	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange WLFIUSD	+0.0088%	1h	0.05747	+0.174%	$4K	$319	3x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05742	+0.096%	$81K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05743	+0.113%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05741	+0.077%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05750	+0.220%	$138.0M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05743	+0.105%	$20.9M	$17.9M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05745	+0.139%	$7.7M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05751	+0.251%	$1K	$753	5x	as long as short
Gate WLFI_USDTshort	+0.0100%	4h	0.05741	+0.070%	$3.4M	$2.9M	75x
MEXC WLFI_USDT	+0.0100%	4h	0.05749	+0.209%	$13.8M	$21.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05741	+0.070%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05744	+0.122%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05744	+0.122%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05730	−0.122%	$238K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05739	+0.043%	$448K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05740	+0.052%	$275K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.122%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	−0.122%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05727	−0.174%	$122	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05744	+0.125%	$133K	$487K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05725	−0.216%	$3K	—	100x	as long as short