WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.037%

Price spread now: MEXC against BloFin+0.086%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$310.310% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$10 on $10k

Price spread, last 4 days (all we have)−0.172%−$17 · spread now +0.086%, 7d avg −0.004%

Together, before fees−0.267%−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.091% dearer against BloFin than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of −0.004%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.095% in total) that is about 6.7 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.095% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. 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	0.05785	0.0340	pay 0.0170% / 4h	1h 05m	$4.8M	$92K	75x
Short	MEXC WLFI_USDT	0.05790	0.0100	get 0.0050% / 4h	1h 05m	$13.7M	$20.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.086%Rate

Funding earned: −$50.4
Price spread: +0.086% → −0.004%: $9.07
Slippage, 4 orders: −$19.02
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$72.35
Costs to cover: 0.310%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago	0.86 bp	14.6 bp −$15	20.2 bp −$202	53.7 bp −$5,372	doesn't fit
Sell MEXC live order book, 4 min ago	0.86 bp	0.9 bp −$1	5.2 bp −$52	50.9 bp −$5,091	114.0 bp −$57.0K

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	−0.0312%	1h	0.05737	−0.830%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.507%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05783	−0.027%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.193%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0053%	1h	0.05780	−0.079%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05781	−0.069%	$1.0M	$466K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05783	−0.026%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05784	−0.015%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05784	−0.016%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05784	−0.024%	$1.6M	$535K	20x	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	0.05783	−0.033%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05790	+0.086%	$139.8M	$42.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05781	−0.069%	$21.1M	$19.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05786	+0.017%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05788	+0.048%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05785	0.000%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05790	+0.086%	$13.7M	$20.4M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05788	+0.052%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05783	−0.035%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05785	0.000%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05785	0.000%	$235K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05783	−0.026%	$452K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05786	+0.016%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.086%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.086%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05786	+0.017%	$80	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05783	−0.040%	$174K	$523K	10x	as long as short
01 Exchange WLFIUSD	+0.0296%	1h	0.05791	+0.104%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05784	−0.022%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0306%	1h	0.05789	+0.067%	$97K	$90K	20x	as long as short
BloFin WLFI-USDTlong	+0.0340%	4h	0.05785	long leg	$4.8M	$92K	75x
Deribit WLFI_USDC-PERPETUAL	+0.0441%	1h	0.05790	+0.086%	$526	$11K	10x	as long as short