Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0429%/8h= −46.9% APRpaid last 24h −0.107%

Price spread now: Kraken Futures against Bitget+0.049%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.158%−$16 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kraken Futures is 0.049% dearer against Bitget than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.158% in total) that is about 2.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.158% in total (about -8.2% a year). A funding rate is set anew for every payment. 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	Bitget WLFIUSDT	0.05766	0.0100	pay 0.0050% / 4h	2h 26m	$8.0M	$3.2M	75x
Short	Kraken Futures PF_WLFIUSD	0.05769	−0.0329	pay 0.0041% / 1h	26m 13s	$73K	$48K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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 BitgetbpFee Kraken FuturesbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$89.99
Price spread: +0.049% → 0.000%: $4.89
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$107.11
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago	0.87 bp	7.0 bp −$7	21.6 bp −$216	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 31 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_WLFIUSDshort	−0.0329%	1h	0.05769	+0.049%	$73K	$48K	20x
Lighter WLFI	−0.0088%	1h	0.05762	−0.069%	$1.0M	$407K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0032%	1h	0.05737	−0.503%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05759	−0.121%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.849%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05765	−0.009%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.867%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0047%	4h	0.05763	−0.047%	$1.6M	$589K	20x	as long as short
01 Exchange WLFIUSD	+0.0072%	1h	0.05768	+0.035%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0078%	8h	0.05761	−0.091%	$2K	$118	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05759	−0.126%	$80K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05764	−0.036%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05762	−0.068%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05772	+0.104%	$138.4M	$39.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05764	−0.035%	$21.1M	$17.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05766	0.000%	$7.7M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05769	+0.054%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05765	−0.017%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05771	+0.087%	$15.0M	$21.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05765	−0.017%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDTlong	+0.0100%	4h	0.05766	long leg	$8.0M	$3.2M	75x
BingX WLFI-USDT	+0.0100%	4h	0.05767	+0.017%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05769	+0.052%	$240K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05762	−0.077%	$450K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05751	−0.264%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	−0.451%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.069%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05765	−0.017%	$121	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05763	−0.054%	$133K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05765	−0.019%	$3K	—	100x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0270%	1h	0.05771	+0.087%	$524	$11K	10x	as long as short