WLFI

Alert: funding

Alert: spread

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

Price spread now: BloFin against BingX−0.087%51s7-day average +0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as 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−$610.605% of the position

Long on BingX 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)+0.617%+$62 · spread now −0.087%, 7d avg +0.051%

Together, before fees+0.693%+$69 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.138% cheaper against BingX than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.051%). If the spread goes back, that is −$14 on $10k: about 46 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.076% in total) that is about 13 days. The two prices were read 51 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	BingX WLFI-USDT	0.05716	0.0100	pay 0.0050% / 4h	2h 28m	—	$7.2M	—
Short	BloFin WLFI-USDT	0.05711	0.0340	get 0.0170% / 4h	2h 28m	$4.7M	$74K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now −0.087%Rate

Funding earned: $50.4
Price spread: −0.087% → +0.051%: −$13.8
Slippage, 4 orders: −$38.54
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$23.94
Costs to cover: 0.605%
Break-even: 10.3 days

Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 5 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 BingX live order book, 5 min ago	6.13 bp	14.2 bp −$14	23.8 bp −$238	63.8 bp −$6,378	263.7 bp −$131.8K
Sell BloFin live order book, 5 min ago	0.88 bp	16.0 bp −$16	34.9 bp −$349	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
Kraken Futures PF_WLFIUSD	−0.0590%	1h	0.05720	+0.069%	$73K	$88K	20x	as long as short
Aster WLFIUSDT	−0.0251%	4h	0.05714	−0.035%	$1.6M	$567K	20x	as long as short
Lighter WLFI	−0.0152%	1h	0.05712	−0.070%	$941K	$367K	5x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	+0.105%	$6K	$64K	5.5x	as long as short
OKX WLFI-USDT-SWAP	−0.0005%	4h	0.05715	−0.017%	$7.5M	$12.4M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05720	+0.077%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.763%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05721	+0.087%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05715	−0.012%	$313	—	150x	as long as short
Paradex WLFI-USD-PERP	+0.0045%	8h	0.05718	+0.042%	$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
01 Exchange WLFIUSD	+0.0072%	1h	0.05721	+0.087%	$4K	$319	3x	as long as short
Gate WLFI_USDT	+0.0090%	4h	0.05717	+0.017%	$3.4M	$2.8M	75x	as long as short
Variational Omni WLFI	+0.0092%	4h	0.05711	−0.083%	$442K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05715	−0.009%	$79K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05714	−0.033%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05715	−0.009%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05719	+0.052%	$136.8M	$38.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05713	−0.052%	$20.4M	$16.9M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05721	+0.094%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05719	+0.052%	$15.0M	$21.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05716	0.000%	$3.2M	$932K	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05715	−0.017%	$8.0M	$3.0M	75x	as long as short
BingX WLFI-USDTlong	+0.0100%	4h	0.05716	long leg	—	$7.2M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05717	+0.017%	$238K	$31K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05726	+0.169%	$276K	$2.0M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	+0.070%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.070%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05718	+0.035%	$115	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05713	−0.045%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05735	+0.332%	$33K	$16K	50x	as long as short
BloFin WLFI-USDTshort	+0.0340%	4h	0.05711	−0.087%	$4.7M	$74K	75x
GMX WLFI/USD [ETH-USDC]	L +0.0383% / S −0.2839%	1h	0.05716	+0.007%	$14K	—	100x	as long as short