Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0670%/8h= −73.4% APRpaid last 24h −0.130%

Price spread now: Kraken Futures against BloFin−0.359%237s7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.357%−$36 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Kraken Futures is 0.359% cheaper against BloFin than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 237 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.357% in total (about -18.6% 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	BloFin WLFI-USDT	0.05764	0.0340	pay 0.0170% / 4h	2h 44m	$4.8M	$79K	75x
Short	Kraken Futures PF_WLFIUSD	0.05743	−0.0330	pay 0.0041% / 1h	44m 54s	$73K	$48K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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 BloFinbpFee Kraken FuturesbpOrdersPrice spread, now −0.359%Rate

Funding earned: −$140.7
Price spread: −0.359% → 0.000%: −$35.91
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$198.61
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 4 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 BloFin live order book, 4 min ago	0.87 bp	21.3 bp −$21	39.1 bp −$391	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
Kraken Futures PF_WLFIUSDshort	−0.0330%	1h	0.05743	−0.359%	$73K	$48K	20x
Lighter WLFI	−0.0216%	1h	0.05737	−0.468%	$994K	$405K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0032%	1h	0.05737	−0.468%	$32K	$16K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05752	−0.206%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.887%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05744	−0.347%	$521	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05743	−0.361%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.833%	$6K	$77K	5.5x	as long as short
01 Exchange WLFIUSD	+0.0040%	1h	0.05744	−0.347%	$4K	$319	3x	as long as short
Aster WLFIUSDT	+0.0047%	4h	0.05743	−0.364%	$1.6M	$590K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex WLFI-USD-PERP	+0.0074%	8h	0.05742	−0.382%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05741	−0.399%	$79K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05740	−0.423%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05743	−0.364%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05744	−0.347%	$137.6M	$39.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05735	−0.503%	$21.0M	$17.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05738	−0.451%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05747	−0.288%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05742	−0.382%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05743	−0.364%	$14.9M	$21.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05745	−0.330%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05742	−0.382%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05746	−0.312%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05742	−0.382%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05739	−0.440%	$444K	$37K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05760	−0.065%	$278K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	−0.243%	$33K	$43K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	−0.243%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05743	−0.364%	$122	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05736	−0.486%	$133K	$489K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05743	−0.364%	$3K	—	100x	as long as short
BloFin WLFI-USDTlong	+0.0340%	4h	0.05764	long leg	$4.8M	$79K	75x