WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.005%

Price spread now: Backpack against Extended+0.131%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

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

Long on Extended Short on Backpack

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)−0.096%−$10 · spread now +0.131%, 7d avg +0.043%

Together, before fees−0.342%+ Points / potential airdropExtended: Active · farm board−$34 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: Backpack is 0.087% dearer against Extended than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLFI-USD	0.05767	0.0104	pay 0.0013% / 1h	33m 46s	$144K	$706K	10x
Short	Backpack WLFI_USDC_PERP	0.05775	0.0100	get 0.0013% / 1h	33m 46s	$240K	$26K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Extended. 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 ExtendedbpFee BackpackbpOrdersPrice spread, now +0.131%Rate

Funding earned: −$0.84
Price spread: +0.131% → +0.043%: $8.71
Slippage, 4 orders: −$37.26
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$44.39
Costs to cover: 0.523%
Break-even: never at this rate

Slippage from Extended: live order book, 14 min ago; Backpack: live order book, 14 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 Extended live order book, 14 min ago	2.59 bp	17.6 bp −$18	91.5 bp −$915	doesn't fit	doesn't fit
Sell Backpack live order book, 14 min ago	0.86 bp	9.9 bp −$10	doesn't fit	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	−0.0144%	1h	0.05737	−0.528%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.824%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05776	+0.141%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.892%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0045%	1h	0.05779	+0.192%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05769	+0.027%	$1.0M	$456K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0096%	1h	0.05777	+0.165%	$524	$11K	10x	as long as short
Paradex WLFI-USD-PERP	+0.0098%	8h	0.05774	+0.118%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05775	+0.131%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05771	+0.063%	$10.5M	$1.3M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05780	+0.216%	$1.6M	$587K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05777	+0.169%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05780	+0.220%	$139.4M	$42.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05776	+0.148%	$21.1M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05772	+0.079%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05777	+0.167%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05777	+0.165%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05779	+0.200%	$13.8M	$20.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05778	+0.183%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05773	+0.096%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05776	+0.148%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERPshort	+0.0100%	1h	0.05775	+0.131%	$240K	$26K	10x
Variational Omni WLFI	+0.0100%	4h	0.05781	+0.228%	$451K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05781	+0.231%	$283K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	+0.044%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.217%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05776	+0.148%	$88	$5K	5x	as long as short
Extended WLFI-USDlong	+0.0104%	1h	0.05767	long leg	$144K	$706K	10x
01 Exchange WLFIUSD	+0.0192%	1h	0.05779	+0.200%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05774	+0.113%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05793	+0.443%	$4.9M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0380%	1h	0.05779	+0.198%	$97K	$90K	20x	as long as short