Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Bitget against Extended−0.087%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$640.643% of the position

Long on Extended Short on Bitget

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)+0.236%+$24 · spread now −0.087%, 7d avg +0.033%

Together, before fees+0.126%+ Points / potential airdropExtended: Active · farm board+$13 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: Bitget is 0.121% cheaper against Extended than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLFI-USD	0.05696	0.0104	pay 0.0013% / 1h	31m 23s	$175K	$1.0M	10x
Short	Bitget WLFIUSDT	0.05691	0.0100	get 0.0050% / 4h	3h 31m	$7.9M	$3.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.087%Rate

Funding earned: −$0.84
Price spread: −0.087% → +0.033%: −$12.08
Slippage, 4 orders: −$47.35
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$77.27
Costs to cover: 0.643%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; Bitget: 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 Extended live order book, 2 min ago	4.37 bp	19.7 bp −$20	128.5 bp −$1,285	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.62 bp	12.2 bp −$12	24.0 bp −$240	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	−0.0536%	1h	0.05732	+0.632%	$21K	$27K	50x	as long as short
01 Exchange WLFIUSD	−0.0176%	1h	0.05608	−1.545%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+6.139%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05713	+0.299%	$519	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05712	+0.287%	$312	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	+0.352%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05714	+0.316%	$1.0M	$470K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05716	+0.352%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05709	+0.237%	$81K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05710	+0.246%	$10.4M	$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	0.05713	+0.294%	$1.6M	$526K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05720	+0.422%	$244K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05714	+0.317%	$138.1M	$43.4M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05707	+0.194%	$20.9M	$19.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05684	−0.210%	$7.6M	$13.6M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05718	+0.394%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05711	+0.264%	$3.4M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05714	+0.316%	$13.4M	$20.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05715	+0.334%	$3.2M	$1.1M	75x	as long as short
Bitget WLFIUSDTshort	+0.0100%	4h	0.05691	−0.087%	$7.9M	$3.6M	75x
BingX WLFI-USDT	+0.0100%	4h	0.05711	+0.264%	—	$7.5M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05718	+0.387%	$229K	$33K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05759	+1.099%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05770	+1.300%	$285K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	+0.597%	$33K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.422%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05696	0.000%	$103	$5K	5x	as long as short
Extended WLFI-USDlong	+0.0104%	1h	0.05696	long leg	$175K	$1.0M	10x
dYdX WLFI-USD	+0.0120%	1h	0.05719	+0.405%	$11K	$943	5x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0302% / S −0.1371%	1h	0.05714	+0.323%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05739	+0.755%	$4.8M	$103K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.2382%	1h	0.05690	−0.111%	$96K	$91K	20x	as long as short