Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: KuCoin against BingX+0.035%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$780.780% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.052%−$5 · spread now +0.035%, 7d avg −0.001%

Together, before fees−0.052%−$5 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: KuCoin is 0.036% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLFI-USDT	0.05711	0.0100	pay 0.0050% / 4h	1h 26m	—	$7.2M	—
Short	KuCoin WLFIUSDTM	0.05713	0.0100	get 0.0050% / 4h	1h 26m	$3.3M	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.035%Rate

Funding earned: $0
Price spread: +0.035% → −0.001%: $3.64
Slippage, 4 orders: −$56.02
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$74.38
Costs to cover: 0.780%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; KuCoin: 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, 1 min ago	6.13 bp	15.8 bp −$16	24.8 bp −$248	65.2 bp −$6,525	254.9 bp −$127.5K
Sell KuCoin live order book, 5 min ago	4.38 bp	23.4 bp −$23	89.2 bp −$892	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	−0.0705%	1h	0.05713	+0.041%	$73K	$70K	20x	as long as short
Aster WLFIUSDT	−0.0322%	4h	0.05714	+0.053%	$1.6M	$576K	20x	as long as short
Lighter WLFI	−0.0248%	1h	0.05707	−0.070%	$947K	$376K	5x	as long as short
OKX WLFI-USDT-SWAP	−0.0007%	4h	0.05709	−0.035%	$7.5M	$12.5M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05714	+0.047%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.854%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05716	+0.088%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05714	+0.054%	$312	—	150x	as long as short
01 Exchange WLFIUSD	+0.0008%	1h	0.05714	+0.053%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0014%	8h	0.05714	+0.057%	$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	+0.0070%	4h	0.05712	+0.018%	$3.4M	$2.8M	75x	as long as short
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	+0.088%	$6K	$77K	5.5x	as long as short
Hyperliquid WLFI	+0.0098%	1h	0.05710	−0.012%	$10.4M	$1.2M	5x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05699	−0.214%	$441K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05709	−0.026%	$79K	$31K	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05711	−0.005%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05715	+0.070%	$136.7M	$38.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05707	−0.070%	$20.5M	$17.0M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05716	+0.089%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05714	+0.053%	$14.8M	$21.1M	100x	as long as short
KuCoin WLFIUSDTMshort	+0.0100%	4h	0.05713	+0.035%	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05710	−0.018%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDTlong	+0.0100%	4h	0.05711	long leg	—	$7.2M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05713	+0.035%	$238K	$30K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05710	−0.018%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05700	−0.193%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.158%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05715	+0.070%	$122	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05708	−0.053%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05714	+0.051%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05710	−0.018%	$4.7M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.455%	$32K	$16K	50x	as long as short