Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.006%

Price spread now: Extended against Variational Omni−0.046%7-day average −0.009% · you buy dearer than you sell

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

Long on Variational Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.039%+$4 on $10k

Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.046%, 7d avg −0.009%

Together, before fees+0.071%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.037% cheaper against Variational Omni than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni WLFI	0.05783	0.0100	pay 0.0050% / 4h	1h 03m	$452K	$39K	—
Short	Extended WLFI-USD	0.05781	0.0104	get 0.0013% / 1h	3m 35s	$174K	$523K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee ExtendedbpOrdersPrice spread, now −0.046%Rate

Funding earned: $0.84
Price spread: −0.046% → −0.009%: −$3.7
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$7.86
Costs to cover: 0.050%
Break-even: 72.5 days

Slippage unknown: Variational Omni: RFQ quote, 40 min ago; Extended: live order book, 39 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 Variational Omni RFQ quote, 40 min ago	4.34 bp	doesn't fit	37.4 bp −$374	doesn't fit	doesn't fit
Sell Extended live order book, 39 min ago	2.61 bp	17.8 bp −$18	98.3 bp −$983	doesn't fit	doesn't fit

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	−0.0312%	1h	0.05737	−0.804%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.535%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05783	0.000%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.167%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0060%	1h	0.05780	−0.053%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05781	−0.043%	$1.0M	$466K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05782	−0.020%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05782	−0.018%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05783	−0.008%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05789	+0.092%	$1.6M	$535K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05784	+0.016%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05788	+0.084%	$139.8M	$42.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05780	−0.060%	$21.1M	$19.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05784	+0.009%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05786	+0.042%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05786	+0.043%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05790	+0.113%	$13.7M	$20.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05788	+0.078%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05786	+0.043%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05787	+0.061%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05785	+0.026%	$235K	$31K	10x	as long as short
Variational Omni WLFIlong	+0.0100%	4h	0.05783	long leg	$452K	$39K	—
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05787	+0.069%	$277K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.060%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.113%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05786	+0.043%	$84	$5K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05781	−0.046%	$174K	$523K	10x
01 Exchange WLFIUSD	+0.0296%	1h	0.05787	+0.061%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05784	+0.002%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0306%	1h	0.05790	+0.111%	$97K	$90K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05785	+0.026%	$4.8M	$92K	75x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0441%	1h	0.05790	+0.113%	$526	$11K	10x	as long as short