WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0244%/8h= −26.7% APRnext payment −$1.22 per $10,000 · paid last 24h −0.008%

Price spread now: Gate against BloFin−0.035%7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

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

costs, in and out, $10k−$690.686% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 3 days (all we have)−0.164%−$16 · spread now −0.035%, 7d avg −0.057%

Together, before fees−0.285%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.023% dearer against BloFin than usual: you sell high and buy low (spread −0.035% now, against its 7-day average of −0.057%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.121% in total) that is about 32 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLFI-USDT	0.05738	0.0340	pay 0.0170% / 4h	1h 06m	$4.7M	$77K	75x
Short	Gate WLFI_USDT	0.05736	0.0096	get 0.0048% / 4h	1h 06m	$3.4M	$2.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now −0.035%Rate

Funding earned: −$51.24
Price spread: −0.035% → −0.057%: $2.26
Slippage, 4 orders: −$41.62
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$117.6
Costs to cover: 0.686%
Break-even: never at this rate

Slippage from BloFin: live order book, 7 min ago; Gate: 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 BloFin live order book, 7 min ago	1.74 bp	14.4 bp −$14	26.8 bp −$268	128.1 bp −$12.8K	doesn't fit
Sell Gate live order book, 2 min ago	2.62 bp	16.0 bp −$16	33.9 bp −$339	70.1 bp −$7,013	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
Kraken Futures PF_WLFIUSD	−0.0702%	1h	0.05739	+0.011%	$73K	$67K	20x	as long as short
Aster WLFIUSDT	−0.0229%	4h	0.05735	−0.052%	$1.6M	$580K	20x	as long as short
Lighter WLFI	−0.0184%	1h	0.05731	−0.122%	$957K	$382K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05737	−0.016%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.357%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05737	−0.017%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05737	−0.019%	$314	—	150x	as long as short
OKX WLFI-USDT-SWAP	+0.0015%	4h	0.05737	−0.017%	$7.5M	$12.6M	50x	as long as short
01 Exchange WLFIUSD	+0.0024%	1h	0.05737	−0.017%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0042%	8h	0.05736	−0.036%	$2K	$108	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	−0.383%	$6K	$77K	5.5x	as long as short
Gate WLFI_USDTshort	+0.0096%	4h	0.05736	−0.035%	$3.4M	$2.8M	75x
Nado WLFI-PERP	+0.0100%	1h	0.05735	−0.056%	$79K	$31K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05736	−0.044%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05735	−0.054%	$244K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05738	0.000%	$137.3M	$39.2M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05734	−0.070%	$21.0M	$17.3M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05740	+0.040%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05737	−0.017%	$14.8M	$21.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05739	+0.017%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05735	−0.052%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05736	−0.035%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05734	−0.070%	$238K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05735	−0.057%	$443K	$30K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05744	+0.112%	$278K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	+0.209%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.035%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05739	+0.017%	$131	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05734	−0.076%	$133K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05736	−0.037%	$3K	—	100x	as long as short
BloFin WLFI-USDTlong	+0.0340%	4h	0.05738	long leg	$4.7M	$77K	75x
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	−0.017%	$32K	$16K	50x	as long as short