Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against BingX+0.157%7-day average +0.104% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on BingX 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−0.072%−$7 · spread now +0.157%, 7d avg +0.104%

Together, before fees−0.072%−$7 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 0.053% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.104%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLFI-USDC	0.05730	0.0100	pay 0.0050% / 4h	25m 17s	—	$2.3M	—
Short	MEXC WLFI_USDT	0.05739	0.0100	get 0.0050% / 4h	25m 17s	$13.7M	$21.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.157%Rate

Funding earned: $0
Price spread: +0.157% → +0.104%: $5.34
Slippage, 4 orders: −$34.66
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$39.32
Costs to cover: 0.447%
Break-even: never at this rate

Slippage from BingX: live order book, 7 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 BingX live order book, 7 min ago	1.74 bp	21.4 bp −$21	83.2 bp −$832	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.87 bp	0.9 bp −$1	6.0 bp −$60	42.2 bp −$4,222	109.7 bp −$54.9K

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
Lighter WLFI	−0.0056%	1h	0.05730	0.000%	$1.0M	$439K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0048%	1h	0.05737	+0.122%	$32K	$15K	50x	as long as short
Aster WLFIUSDT	−0.0041%	4h	0.05735	+0.093%	$1.6M	$574K	20x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.507%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05736	+0.113%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.244%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0085%	8h	0.05731	+0.015%	$2K	$118	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0098%	1h	0.05741	+0.192%	$521	$11K	10x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05732	+0.037%	$81K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05736	+0.096%	$10.5M	$1.3M	5x	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	0.05732	+0.035%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05741	+0.192%	$138.2M	$40.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05732	+0.035%	$20.9M	$18.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05734	+0.070%	$7.6M	$12.9M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05735	+0.079%	$7K	$7K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05737	+0.122%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05739	+0.157%	$13.7M	$21.1M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05735	+0.087%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05732	+0.035%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDClong	+0.0100%	4h	0.05730	long leg	—	$2.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05732	+0.035%	$238K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05720	−0.167%	$447K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05739	+0.154%	$279K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	0.000%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.175%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05736	+0.105%	$101	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05735	+0.085%	$134K	$480K	10x	as long as short
dYdX WLFI-USD	+0.0116%	1h	0.05724	−0.097%	$11K	$970	5x	as long as short
01 Exchange WLFIUSD	+0.0128%	1h	0.05739	+0.157%	$4K	$319	3x	as long as short
Kraken Futures PF_WLFIUSD	+0.0149%	1h	0.05738	+0.143%	$99K	$87K	20x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05735	+0.094%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05733	+0.052%	$4.8M	$86K	75x	as long as short