Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance+0.032%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$250.252% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.029%−$3 · spread now +0.032%, 7d avg −0.002%

Together, before fees−0.029%−$3 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: MEXC is 0.034% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLFIUSDT	0.05786	0.0100	pay 0.0050% / 4h	3h 50m	$139.8M	$43.0M	75x
Short	MEXC WLFI_USDT	0.05788	0.0100	get 0.0050% / 4h	3h 50m	$13.5M	$19.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → −0.002%: $3.37
Slippage, 4 orders: −$15.16
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$21.78
Costs to cover: 0.252%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; MEXC: live order book, 3 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, 8 min ago	0.86 bp	11.8 bp −$12	21.8 bp −$218	111.0 bp −$11.1K	doesn't fit
Sell MEXC live order book, 3 min ago	1.73 bp	1.7 bp −$2	5.4 bp −$54	40.9 bp −$4,086	115.2 bp −$57.6K

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
01 Exchange WLFIUSD	−0.0584%	1h	0.05784	−0.037%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0536%	1h	0.05732	−0.936%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.483%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05785	−0.025%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.213%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05780	−0.107%	$1.1M	$470K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05783	−0.060%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05783	−0.055%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05782	−0.079%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05782	−0.067%	$1.6M	$529K	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	−0.044%	$247K	$14K	5x	as long as short
Binance WLFIUSDTlong	+0.0100%	4h	0.05786	long leg	$139.8M	$43.0M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05779	−0.124%	$21.1M	$19.1M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05782	−0.072%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05785	−0.012%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05781	−0.089%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05788	+0.032%	$13.5M	$19.8M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05785	−0.020%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05780	−0.107%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05781	−0.089%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05785	−0.020%	$235K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05780	−0.114%	$450K	$39K	—	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.279%	$33K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.066%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05786	−0.003%	$110	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05782	−0.080%	$177K	$1.0M	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0202%	4h	0.05780	−0.107%	$280K	$1.9M	10x	as long as short
dYdX WLFI-USD	+0.0240%	1h	0.05772	−0.238%	$11K	$943	5x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05784	−0.031%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05790	+0.066%	$4.9M	$102K	75x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0441%	1h	0.05790	+0.066%	$526	$11K	10x	as long as short
Kraken Futures PF_WLFIUSD	+0.2343%	1h	0.05786	−0.008%	$97K	$90K	20x	as long as short