WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.008%

Price spread now: BloFin against Binance+0.084%111s7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$520.525% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 3 days (all we have)+0.009%+$1 · spread now +0.084%, 7d avg +0.003%

Together, before fees+0.085%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.081% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.003%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLFIUSDT	0.05728	0.0100	pay 0.0050% / 4h	3h 57m	$137.2M	$40.2M	75x
Short	BloFin WLFI-USDT	0.05733	0.0340	get 0.0170% / 4h	3h 57m	$4.7M	$77K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.084%Rate

Funding earned: $50.4
Price spread: +0.084% → +0.003%: $8.09
Slippage, 4 orders: −$30.46
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $6.03
Costs to cover: 0.525%
Break-even: 6.2 days

Slippage from Binance: live order book, 1 min ago; BloFin: live order book, 11 min ago.

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 Binance live order book, 1 min ago	0.87 bp	9.3 bp −$9	20.3 bp −$203	105.1 bp −$10.5K	doesn't fit
Sell BloFin live order book, 11 min ago	8.73 bp	16.7 bp −$17	32.5 bp −$325	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
Lighter WLFI	−0.0176%	1h	0.05719	−0.160%	$967K	$380K	5x	as long as short
Kraken Futures PF_WLFIUSD	−0.0110%	1h	0.05730	+0.040%	$73K	$50K	20x	as long as short
Aster WLFIUSDT	−0.0040%	4h	0.05726	−0.030%	$1.6M	$586K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05725	−0.064%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.537%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05729	+0.014%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05724	−0.067%	$313	—	150x	as long as short
01 Exchange WLFIUSD	+0.0016%	1h	0.05725	−0.056%	$4K	$319	3x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.213%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0078%	8h	0.05727	−0.021%	$2K	$108	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate WLFI_USDT	+0.0096%	4h	0.05724	−0.073%	$3.5M	$2.8M	75x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05726	−0.042%	$79K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05722	−0.108%	$10.4M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05726	−0.035%	$246K	$13K	5x	as long as short
Binance WLFIUSDTlong	+0.0100%	4h	0.05728	long leg	$137.2M	$40.2M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05722	−0.108%	$20.9M	$17.8M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05724	−0.073%	$7.5M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05728	+0.002%	$1K	$753	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05726	−0.038%	$14.5M	$21.3M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05723	−0.091%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05724	−0.073%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05723	−0.091%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05728	−0.003%	$238K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05727	−0.025%	$444K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05740	+0.208%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	+0.206%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	+0.032%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05729	+0.014%	$109	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05721	−0.118%	$133K	$488K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	+0.154%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05725	−0.063%	$3K	—	100x	as long as short
BloFin WLFI-USDTshort	+0.0340%	4h	0.05733	+0.084%	$4.7M	$77K	75x