Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0387%/8h= +42.4% APRpaid last 24h −0.036%

Price spread now: Kraken Futures against Paradex+0.223%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.223% dearer against Paradex than usual: you sell high and buy low: +$22 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	Paradex WLFI-USD-PERP	0.05799	0.0099	pay 0.0099% / 8h	5h 45m	$2K	$118	5x
Short	Kraken Futures PF_WLFIUSD	0.05812	0.0486	get 0.0061% / 1h	45m 23s	$97K	$130K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Paradex. 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 ParadexbpFee Kraken FuturesbpOrdersPrice spread, now +0.223%Rate

Funding earned: $81.22
Price spread: +0.223% → 0.000%: $22.28
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $89.5
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 65 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 Paradex no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 65 min ago	13.99 bp	39.6 bp −$40	272.1 bp −$2,721	doesn't fit	doesn't fit

Paradex: 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
dYdX WLFI-USD	−0.0435%	1h	0.05798	−0.020%	$6K	$11K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0384%	1h	0.05732	−1.162%	$21K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.244%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05810	+0.183%	$527	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05812	+0.216%	$318	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.438%	$6K	$77K	5.5x	as long as short
01 Exchange WLFIUSD	+0.0064%	1h	0.05800	+0.010%	$4K	$335	3x	as long as short
Lighter WLFI	+0.0096%	1h	0.05796	−0.059%	$1.1M	$451K	5x	as long as short
Paradex WLFI-USD-PERPlong	+0.0099%	8h	0.05799	long leg	$2K	$118	5x
Nado WLFI-PERP	+0.0100%	1h	0.05800	+0.007%	$90K	$27K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05801	+0.036%	$10.6M	$931K	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05804	+0.085%	$1.6M	$649K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05801	+0.033%	$248K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05805	+0.097%	$139.9M	$43.1M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05801	+0.028%	$21.7M	$19.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05799	−0.007%	$7.7M	$13.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05804	+0.072%	$7K	$10K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05802	+0.045%	$3.5M	$3.2M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05808	+0.148%	$13.0M	$20.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05804	+0.079%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05805	+0.097%	$8.0M	$3.6M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05804	+0.079%	—	$7.5M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05810	+0.183%	$234K	$34K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05811	+0.200%	$454K	$33K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05814	+0.257%	$281K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05820	+0.355%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05820	+0.355%	$39K	$1.6M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05810	+0.183%	$97	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05799	−0.014%	$174K	$1.0M	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05802	+0.050%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05815	+0.269%	$4.9M	$96K	75x	as long as short
Kraken Futures PF_WLFIUSDshort	+0.0486%	1h	0.05812	+0.223%	$97K	$130K	20x