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: Gate against Bybit+0.052%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$630.628% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 7 days−0.055%−$6 · spread now +0.052%, 7d avg +0.012%

Together, before fees+0.013%+$1 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: Gate is 0.041% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLFIUSDT	0.05745	0.0100	pay 0.0050% / 4h	1h 41m	$20.9M	$18.2M	75x
Short	Gate WLFI_USDT	0.05748	0.0100	get 0.0050% / 4h	1h 41m	$3.4M	$2.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now +0.052%Rate

Funding earned: $0
Price spread: +0.052% → +0.012%: $4.07
Slippage, 4 orders: −$36.82
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$58.75
Costs to cover: 0.628%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 1 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 Bybit live order book, 2 min ago	0.87 bp	13.3 bp −$13	36.4 bp −$364	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	3.48 bp	17.6 bp −$18	37.1 bp −$371	71.1 bp −$7,113	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	−0.139%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05758	+0.218%	$99K	$88K	20x	as long as short
Lighter WLFI	−0.0032%	1h	0.05748	+0.052%	$1.0M	$427K	5x	as long as short
Aster WLFIUSDT	−0.0006%	4h	0.05751	+0.104%	$1.6M	$584K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05749	+0.078%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.232%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05751	+0.102%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.505%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0075%	8h	0.05750	+0.094%	$2K	$118	5x	as long as short
01 Exchange WLFIUSD	+0.0088%	1h	0.05756	+0.191%	$4K	$319	3x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05752	+0.131%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05750	+0.080%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05748	+0.054%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05751	+0.109%	$138.4M	$40.5M	75x	as long as short
Bybit WLFIUSDTlong	+0.0100%	4h	0.05745	long leg	$20.9M	$18.2M	75x
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05740	−0.087%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05757	+0.214%	$1K	$753	5x	as long as short
Gate WLFI_USDTshort	+0.0100%	4h	0.05748	+0.052%	$3.4M	$2.9M	75x
MEXC WLFI_USDT	+0.0100%	4h	0.05750	+0.087%	$13.6M	$21.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05751	+0.104%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05749	+0.070%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05751	+0.104%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05753	+0.139%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05717	−0.479%	$446K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05728	−0.298%	$279K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	−0.087%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05760	+0.261%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05755	+0.174%	$116	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05741	−0.070%	$133K	$485K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05754	+0.155%	$3K	—	100x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0271%	1h	0.05759	+0.244%	$523	$11K	10x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05757	+0.209%	$4.8M	$81K	75x	as long as short