WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0152%/8h= −16.7% APRnext payment −$0.19 per $10,000 · paid last 24h −0.047%

Price spread now: Hyperliquid against GMX−0.089%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Hyperliquid

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hyperliquid is 0.089% cheaper against GMX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WLFI/USD [ETH-USDC]	0.05752	L +0.0252% / S −0.0496%	pay 0.0032% / 1h	2m 09s	$3K	—	100x
Short	Hyperliquid WLFI	0.05747	0.0100	get 0.0013% / 1h	2m 09s	$10.5M	$1.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against GMX. 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 GMXbpFee HyperliquidbpOrdersPrice spread, now −0.089%Rate

Funding earned: −$31.95
Price spread: −0.089% → 0.000%: −$8.87
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$61.82
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 10 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 GMX no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 10 min ago	1.04 bp	9.2 bp −$9	doesn't fit	doesn't fit	doesn't fit

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
Kraken Futures PF_WLFIUSD	−0.0330%	1h	0.05752	−0.008%	$99K	$85K	20x	as long as short
Lighter WLFI	−0.0072%	1h	0.05745	−0.125%	$1.0M	$415K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0032%	1h	0.05737	−0.264%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05750	−0.040%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.099%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05750	−0.041%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.629%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0051%	4h	0.05749	−0.062%	$1.6M	$582K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0082%	8h	0.05744	−0.136%	$2K	$118	5x	as long as short
01 Exchange WLFIUSD	+0.0096%	1h	0.05752	−0.003%	$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	0.05754	+0.031%	$522	$11K	10x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05744	−0.134%	$81K	$23K	5x	as long as short
Hyperliquid WLFIshort	+0.0100%	1h	0.05747	−0.089%	$10.5M	$1.3M	5x
Pacifica WLFI	+0.0100%	1h	0.05746	−0.108%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05754	+0.027%	$138.1M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05748	−0.073%	$21.0M	$17.9M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05748	−0.073%	$7.7M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05754	+0.026%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05750	−0.038%	$3.4M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05753	+0.014%	$13.8M	$22.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05751	−0.021%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05750	−0.038%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05748	−0.073%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05751	−0.021%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05745	−0.117%	$449K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05750	−0.038%	$276K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	−0.038%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05760	+0.136%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05753	+0.014%	$126	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05746	−0.106%	$133K	$487K	10x	as long as short
GMX WLFI/USD [ETH-USDC]long	L +0.0252% / S −0.0496%	1h	0.05752	long leg	$3K	—	100x