Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0396%/8h= +43.3% APRpaid last 24h +4.283%

Price spread now: GMX against Gate+0.096%7-day average — · you sell dearer than you buy

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

Long on Gate Short on GMX

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

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GMX is 0.096% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLFI_USDT	0.05739	0.0100	pay 0.0050% / 4h	1h 55m	$3.4M	$2.9M	75x
Short	GMX WLFI/USD [ETH-USDC]	0.05745	L +0.0252% / S −0.0496%	get 0.0062% / 1h	55m 50s	$3K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.096%Rate

Funding earned: $83.13
Price spread: +0.096% → 0.000%: $9.58
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GMX: 6 bp × 2 orders: −$12
Net: $65.71
Costs to cover: 0.270%
Break-even: 1.5 days

Slippage unknown: Gate: live order book, 2 min ago; GMX: 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, 2 min ago	3.49 bp	19.2 bp −$19	41.4 bp −$414	75.5 bp −$7,552	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 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
Coinbase International WLFI-PERP-INTX	−0.0200%	1h	0.05737	−0.035%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05746	+0.121%	$99K	$85K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05738	−0.017%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.340%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05741	+0.031%	$314	—	150x	as long as short
Lighter WLFI	+0.0024%	1h	0.05732	−0.122%	$1.0M	$420K	5x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.401%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0034%	4h	0.05737	−0.041%	$1.6M	$581K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0079%	8h	0.05740	+0.022%	$2K	$118	5x	as long as short
01 Exchange WLFIUSD	+0.0088%	1h	0.05747	+0.139%	$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	0.05747	+0.139%	$522	$11K	10x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05742	+0.061%	$81K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05736	−0.052%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05741	+0.042%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05743	+0.065%	$137.9M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05736	−0.052%	$20.9M	$17.9M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05733	−0.105%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05751	+0.216%	$1K	$753	5x	as long as short
Gate WLFI_USDTlong	+0.0100%	4h	0.05739	long leg	$3.4M	$2.9M	75x
MEXC WLFI_USDT	+0.0100%	4h	0.05742	+0.052%	$13.7M	$21.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05742	+0.052%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05735	−0.070%	$7.9M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05737	−0.035%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05742	+0.052%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05742	+0.044%	$447K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05740	+0.017%	$275K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.157%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	+0.192%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05745	+0.105%	$120	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05735	−0.068%	$133K	$487K	10x	as long as short
GMX WLFI/USD [ETH-USDC]short	L +0.0252% / S −0.0496%	1h	0.05745	+0.096%	$3K	—	100x