Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0279%/8h= +30.6% APRpaid last 24h −0.101%

Price spread now: Kraken Futures against Binance−0.041%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.282%−$28 on $10k

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

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 0.041% cheaper against Binance than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.282%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLFIUSDT	0.05787	0.0100	pay 0.0050% / 4h	2h 13m	$139.6M	$42.9M	75x
Short	Kraken Futures PF_WLFIUSD	0.05785	0.0379	get 0.0047% / 1h	13m 07s	$97K	$90K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.041%Rate

Funding earned: $58.65
Price spread: −0.041% → 0.000%: −$4.11
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $34.54
Costs to cover: 0.200%
Break-even: 2.9 days

Slippage unknown: Binance: live order book, 15 min ago; Kraken Futures: 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 Binance live order book, 15 min ago	0.87 bp	10.9 bp −$11	21.9 bp −$219	104.4 bp −$10.4K	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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 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	−0.0144%	1h	0.05737	−0.864%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.470%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05782	−0.094%	$316	—	150x	as long as short
dYdX WLFI-USD	+0.0032%	1h	0.05778	−0.148%	$11K	$943	5x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.227%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05778	−0.156%	$1.0M	$459K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05780	−0.113%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05782	−0.089%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05782	−0.088%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05782	−0.081%	$1.6M	$574K	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	0.05782	−0.086%	$247K	$14K	5x	as long as short
Binance WLFIUSDTlong	+0.0100%	4h	0.05787	long leg	$139.6M	$42.9M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05779	−0.138%	$21.1M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05783	−0.069%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05785	−0.040%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05783	−0.069%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05787	0.000%	$13.8M	$20.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05781	−0.104%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05780	−0.121%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05783	−0.069%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05784	−0.052%	$241K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05774	−0.232%	$451K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05790	+0.051%	$283K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.121%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.052%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05785	−0.035%	$87	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05781	−0.105%	$176K	$735K	10x	as long as short
01 Exchange WLFIUSD	+0.0208%	1h	0.05788	+0.017%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05783	−0.073%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05792	+0.086%	$4.8M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSDshort	+0.0379%	1h	0.05785	−0.041%	$97K	$90K	20x
Deribit WLFI_USDC-PERPETUAL	+0.0442%	1h	0.05788	+0.017%	$525	$11K	10x	as long as short