Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.023%
Price spread now: Bitget against BloFin−0.209%45s7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as 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−$650.654% of the position
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 4 days (all we have)−0.304%−$30 · spread now −0.209%, 7d avg −0.079%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.130% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.079%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin WLFI-USDT | 0.05747 | 0.0340 | pay 0.0170% / 4h | 1h 40m | $4.8M | $81K | 75x |
| Short | Bitget WLFIUSDT | 0.05735 | 0.0100 | get 0.0050% / 4h | 1h 40m | $8.0M | $3.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: −0.209% → −0.079%
- −$12.98
- Slippage, 4 orders
- −$41.44
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$128.83
- Costs to cover
- 0.654%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Bitget: 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 BloFin live order book, 3 min ago | 0.87 bp | 14.7 bp −$15 | 31.4 bp −$314 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.61 bp | 15.2 bp −$15 | 29.8 bp −$298 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International WLFI-PERP-INTX | −0.0200% | 1h | 0.05737 | −0.174% | $32K | $15K | 50x | as long as short |
| Kraken Futures PF_WLFIUSD | −0.0154% | 1h | 0.05745 | −0.043% | $99K | $88K | 20x | as long as short |
| Lighter WLFI | −0.0040% | 1h | 0.05732 | −0.261% | $1.0M | $427K | 5x | as long as short |
| Aster WLFIUSDT | −0.0006% | 4h | 0.05739 | −0.140% | $1.6M | $584K | 20x | as long as short |
| dYdX WLFI-USD | 0.0000% | 1h | 0.05739 | −0.142% | $11K | $970 | 5x | as long as short |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06046 | +5.197% | — | — | — | as long as short |
| Deribit WLFI_USDC-PERPETUAL | 0.0000% | 1h | 0.05743 | −0.070% | $521 | $11K | 10x | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05743 | −0.070% | $314 | — | 150x | as long as short |
| Injective WLFI/USDC PERP | +0.0033% | 1h | 0.05716 | −0.539% | $6K | $77K | 5.5x | as long as short |
| Paradex WLFI-USD-PERP | +0.0076% | 8h | 0.05736 | −0.196% | $2K | $118 | 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 | +0.0096% | 1h | 0.05741 | −0.104% | $4K | $319 | 3x | as long as short |
| Nado WLFI-PERP | +0.0100% | 1h | 0.05736 | −0.185% | $82K | $24K | 5x | as long as short |
| Hyperliquid WLFI | +0.0100% | 1h | 0.05735 | −0.204% | $10.5M | $1.3M | 5x | as long as short |
| Pacifica WLFI | +0.0100% | 1h | 0.05736 | −0.190% | $246K | $13K | 5x | as long as short |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05740 | −0.117% | $138.1M | $40.5M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05733 | −0.244% | $20.9M | $18.2M | 75x | as long as short |
| OKX WLFI-USDT-SWAP | +0.0100% | 4h | 0.05736 | −0.191% | $7.6M | $12.8M | 50x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05744 | −0.057% | $1K | $753 | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05738 | −0.157% | $3.4M | $2.9M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05738 | −0.157% | $13.5M | $21.5M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05738 | −0.157% | $3.3M | $1.1M | 75x | as long as short |
| Bitget WLFIUSDTshort | +0.0100% | 4h | 0.05735 | −0.209% | $8.0M | $3.3M | 75x | |
| BingX WLFI-USDC | +0.0100% | 4h | 0.05736 | −0.191% | — | $2.3M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05738 | −0.157% | $239K | $27K | 10x | as long as short |
| Variational Omni WLFI | +0.0100% | 4h | 0.05734 | −0.220% | $448K | $41K | — | as long as short |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05753 | +0.099% | $281K | $1.8M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05750 | +0.052% | $33K | $39K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05750 | +0.052% | $39K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05740 | −0.122% | $115 | $6K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05735 | −0.211% | $133K | $485K | 10x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0252% / S −0.0496% | 1h | 0.05743 | −0.071% | $3K | — | 100x | as long as short |
| BloFin WLFI-USDTlong | +0.0340% | 4h | 0.05747 | long leg | $4.8M | $81K | 75x |
BloFin WLFI-USDT
Bitget WLFIUSDT
Coinbase International WLFI-PERP-INTX
Kraken Futures PF_WLFIUSD
Lighter WLFI
Aster WLFIUSDT
Deribit WLFI_USDC-PERPETUAL
gTrade (Gains Network) WLFI/USD
Injective WLFI/USDC PERP
Paradex WLFI-USD-PERP
01 Exchange WLFIUSD
Hyperliquid WLFI
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
OKX WLFI-USDT-SWAP
Gate WLFI_USDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
BingX WLFI-USDC
Backpack WLFI_USDC_PERP
Variational Omni WLFI
GRVT WLFI_USDT_Perp
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
GMX WLFI/USD [ETH-USDC]