Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.022%

Price spread now: OKX against gTrade (Gains Network)−0.033%53s7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. OKX is 0.033% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$3 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WLFI/USD	0.05793	L +0.0005% / S −0.0005%	pay 0.0001% / 1h	45m 31s	$317	—	150x
Short	OKX WLFI-USDT-SWAP	0.05791	0.0100	get 0.0050% / 4h	2h 45m	$7.7M	$13.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee OKXbpOrdersPrice spread, now −0.033%Rate

Funding earned: $19.91
Price spread: −0.033% → 0.000%: −$3.28
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$3.37
Costs to cover: 0.200%
Break-even: 8.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 3 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell OKX live order book, 3 min ago	0.86 bp	9.9 bp −$10	21.5 bp −$215	doesn't fit	doesn't fit

gTrade (Gains Network): 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 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	−0.965%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.363%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USDlong	L +0.0005% / S −0.0005%	1h	0.05793	long leg	$317	—	150x
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.327%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0081%	1h	0.05788	−0.085%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0088%	1h	0.05789	−0.067%	$1.0M	$454K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0095%	1h	0.05797	+0.071%	$526	$11K	10x	as long as short
Paradex WLFI-USD-PERP	+0.0098%	8h	0.05791	−0.028%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05791	−0.033%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05792	−0.014%	$10.6M	$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	0.05792	−0.020%	$1.6M	$585K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05794	+0.016%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05796	+0.054%	$139.9M	$42.3M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05790	−0.050%	$21.2M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAPshort	+0.0100%	4h	0.05791	−0.033%	$7.7M	$13.4M	50x
Arcus WLFI-USD	+0.0100%	1h	0.05792	−0.009%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05794	+0.019%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05795	+0.036%	$13.8M	$20.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05792	−0.016%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05792	−0.016%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05794	+0.019%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05796	+0.054%	$241K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05790	−0.042%	$452K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05791	−0.034%	$277K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05790	−0.050%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05800	+0.123%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05795	+0.036%	$97	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05789	−0.067%	$133K	$695K	10x	as long as short
01 Exchange WLFIUSD	+0.0200%	1h	0.05795	+0.036%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05793	+0.005%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05789	−0.067%	$4.8M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0379%	1h	0.05795	+0.044%	$97K	$91K	20x	as long as short