Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0167%/8h= +18.2% APRpaid last 24h +0.004%

Price spread now: Deribit against Gate−0.034%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 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. Deribit is 0.034% cheaper against Gate than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLFI_USDT	0.05812	0.0100	pay 0.0050% / 4h	1h 56m	$3.5M	$3.1M	75x
Short	Deribit WLFI_USDC-PERPETUAL	0.05810	0.0267	get 0.0033% / 1h	56m 53s	$527	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Gate. 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 GatebpFee DeribitbpOrdersPrice spread, now −0.034%Rate

Funding earned: $34.99
Price spread: −0.034% → 0.000%: −$3.44
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $9.55
Costs to cover: 0.220%
Break-even: 5.1 days

Slippage unknown: Gate: live order book, 4 min ago; Deribit: no order-book sample. 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 Gate live order book, 4 min ago	1.73 bp	18.5 bp −$19	38.8 bp −$388	70.8 bp −$7,084	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 exchanges

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	−0.0384%	1h	0.05732	−1.376%	$21K	$15K	50x	as long as short
dYdX WLFI-USD	−0.0259%	1h	0.05801	−0.184%	$6K	$10K	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.018%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05803	−0.155%	$317	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.652%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05801	−0.189%	$1.1M	$449K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05804	−0.141%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05808	−0.073%	$90K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05812	−0.002%	$10.6M	$938K	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05812	0.000%	$1.6M	$548K	20x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05806	−0.100%	$248K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05816	+0.069%	$140.2M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05812	0.000%	$21.6M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05810	−0.034%	$7.7M	$13.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05809	−0.048%	$7K	$10K	5x	as long as short
Gate WLFI_USDTlong	+0.0100%	4h	0.05812	long leg	$3.5M	$3.1M	75x
MEXC WLFI_USDT	+0.0100%	4h	0.05815	+0.052%	$12.8M	$20.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05810	−0.034%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05811	−0.017%	$8.0M	$3.6M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05809	−0.052%	—	$2.3M	—	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05781	−0.531%	$451K	$33K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05804	−0.141%	$290K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05800	−0.206%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05820	+0.138%	$39K	$1.6M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05806	−0.103%	$102	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05809	−0.050%	$175K	$1.0M	10x	as long as short
01 Exchange WLFIUSD	+0.0256%	1h	0.05809	−0.052%	$4K	$335	3x	as long as short
Deribit WLFI_USDC-PERPETUALshort	+0.0267%	1h	0.05810	−0.034%	$527	$11K	10x
Backpack WLFI_USDC_PERP	+0.0287%	1h	0.05807	−0.086%	$233K	$34K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05804	−0.139%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05808	−0.069%	$4.9M	$95K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0486%	1h	0.05809	−0.045%	$97K	$130K	20x	as long as short