Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0239%/8h= +26.2% APRpaid last 24h −0.108%

Price spread now: Kraken Futures against BingX+0.233%7-day average — · you sell dearer than you buy

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

Long on BingX 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

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.233% dearer against BingX than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). 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	BingX WLFI-USDC	0.05767	0.0100	pay 0.0050% / 4h	3h 53m	—	$2.3M	—
Short	Kraken Futures PF_WLFIUSD	0.05780	0.0339	get 0.0042% / 1h	53m 06s	$100K	$87K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.233%Rate

Funding earned: $50.28
Price spread: +0.233% → 0.000%: $23.27
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $53.55
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: BingX: live order book, 5 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 BingX live order book, 5 min ago	2.60 bp	17.4 bp −$17	71.4 bp −$714	doesn't fit	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
Aster WLFIUSDT	−0.0006%	4h	0.05777	+0.171%	$1.6M	$577K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05771	+0.077%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.833%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05776	+0.165%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.884%	$6K	$77K	5.5x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0048%	1h	0.05737	−0.520%	$32K	$15K	50x	as long as short
Lighter WLFI	+0.0080%	1h	0.05771	+0.069%	$1.0M	$446K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0092%	8h	0.05771	+0.064%	$2K	$118	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0096%	1h	0.05782	+0.260%	$525	$11K	10x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05769	+0.043%	$82K	$24K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05776	+0.149%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05770	+0.052%	$248K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05777	+0.166%	$139.2M	$41.2M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05773	+0.104%	$21.2M	$18.8M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05775	+0.139%	$7.6M	$13.0M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05773	+0.108%	$7K	$7K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05775	+0.139%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05774	+0.121%	$13.4M	$20.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05772	+0.087%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05773	+0.104%	$7.9M	$3.4M	75x	as long as short
BingX WLFI-USDClong	+0.0100%	4h	0.05767	long leg	—	$2.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05778	+0.191%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05770	+0.052%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05770	+0.052%	$282K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	+0.052%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.225%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05779	+0.208%	$103	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05774	+0.119%	$133K	$482K	10x	as long as short
01 Exchange WLFIUSD	+0.0144%	1h	0.05775	+0.139%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05775	+0.137%	$3K	—	100x	as long as short
Kraken Futures PF_WLFIUSDshort	+0.0339%	1h	0.05780	+0.233%	$100K	$87K	20x
BloFin WLFI-USDT	+0.0340%	4h	0.05775	+0.139%	$4.8M	$87K	75x	as long as short