WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%

Price spread now: Extended against Hyperliquid−0.078%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$610.606% of the position

Long on Hyperliquid Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.078%, 7d avg −0.027%

Together, before fees+0.081%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$8 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 0.051% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid WLFI	0.05747	0.0100	pay 0.0013% / 1h	2m 27s	$10.5M	$1.3M	5x
Short	Extended WLFI-USD	0.05743	0.0104	get 0.0013% / 1h	2m 27s	$133K	$487K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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 HyperliquidbpFee ExtendedbpOrdersPrice spread, now −0.078%Rate

Funding earned: $0.84
Price spread: −0.078% → −0.027%: −$5.12
Slippage, 4 orders: −$46.59
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$64.87
Costs to cover: 0.606%
Break-even: 547.6 days

Slippage from Hyperliquid: live order book, 10 min ago; Extended: live order book, 65 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 Hyperliquid live order book, 10 min ago	1.04 bp	12.3 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 65 min ago	4.34 bp	19.6 bp −$20	127.3 bp −$1,273	doesn't fit	doesn't fit

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
Kraken Futures PF_WLFIUSD	−0.0329%	1h	0.05752	+0.093%	$99K	$85K	20x	as long as short
Lighter WLFI	−0.0072%	1h	0.05742	−0.089%	$1.0M	$415K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0032%	1h	0.05737	−0.176%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05750	+0.049%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.192%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05751	+0.061%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.541%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0051%	4h	0.05747	+0.006%	$1.6M	$591K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0082%	8h	0.05744	−0.048%	$2K	$118	5x	as long as short
01 Exchange WLFIUSD	+0.0096%	1h	0.05752	+0.085%	$4K	$319	3x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit WLFI_USDC-PERPETUAL	+0.0098%	1h	0.05756	+0.155%	$522	$11K	10x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05744	−0.045%	$81K	$23K	5x	as long as short
Hyperliquid WLFIlong	+0.0100%	1h	0.05747	long leg	$10.5M	$1.3M	5x
Pacifica WLFI	+0.0100%	1h	0.05746	−0.019%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05751	+0.060%	$138.0M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05745	−0.037%	$21.0M	$17.9M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05747	−0.002%	$7.7M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05754	+0.115%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05747	−0.002%	$3.4M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05750	+0.050%	$13.8M	$22.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05749	+0.033%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05745	−0.037%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05747	−0.002%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05749	+0.033%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05745	−0.028%	$449K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05750	+0.050%	$276K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	+0.050%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05760	+0.224%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05754	+0.120%	$120	$6K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05743	−0.078%	$133K	$487K	10x
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05753	+0.103%	$3K	—	100x	as long as short