Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bybit+0.123%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$680.679% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 7 days−0.120%−$12 · spread now +0.123%, 7d avg +0.026%

Together, before fees−0.011%−$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: KuCoin is 0.096% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLFIUSDT	0.05704	0.0100	pay 0.0050% / 4h	2h 06m	$20.5M	$16.9M	75x
Short	KuCoin WLFIUSDTM	0.05711	0.0100	get 0.0050% / 4h	2h 06m	$3.3M	$966K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.123%Rate

Funding earned: $0
Price spread: +0.123% → +0.026%: $9.63
Slippage, 4 orders: −$44.94
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$58.31
Costs to cover: 0.679%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 11 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	0.88 bp	6.6 bp −$7	25.1 bp −$251	doesn't fit	doesn't fit
Sell KuCoin live order book, 11 min ago	4.37 bp	21.1 bp −$21	91.7 bp −$917	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
Kraken Futures PF_WLFIUSD	−0.0591%	1h	0.05711	+0.122%	$73K	$88K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	−0.0275%	1h	0.05714	+0.175%	$10K	$624	10x	as long as short
Aster WLFIUSDT	−0.0249%	4h	0.05708	+0.070%	$1.6M	$568K	20x	as long as short
Lighter WLFI	−0.0184%	1h	0.05705	+0.018%	$941K	$370K	5x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	+0.316%	$6K	$64K	5.5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05712	+0.146%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.986%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05712	+0.137%	$312	—	150x	as long as short
OKX WLFI-USDT-SWAP	+0.0006%	4h	0.05707	+0.053%	$7.5M	$12.4M	50x	as long as short
Paradex WLFI-USD-PERP	+0.0028%	8h	0.05710	+0.099%	$2K	$108	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	+0.0064%	1h	0.05712	+0.140%	$4K	$319	3x	as long as short
Hyperliquid WLFI	+0.0073%	1h	0.05705	+0.025%	$10.5M	$1.2M	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05706	+0.044%	$79K	$29K	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05707	+0.058%	$242K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05710	+0.105%	$136.6M	$38.6M	75x	as long as short
Bybit WLFIUSDTlong	+0.0100%	4h	0.05704	long leg	$20.5M	$16.9M	75x
Arcus WLFI-USD	+0.0100%	1h	0.05714	+0.179%	$1K	$10	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05709	+0.088%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05710	+0.105%	$14.9M	$21.1M	100x	as long as short
KuCoin WLFIUSDTMshort	+0.0100%	4h	0.05711	+0.123%	$3.3M	$966K	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05707	+0.053%	$7.9M	$3.0M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05711	+0.123%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05713	+0.158%	$238K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05715	+0.190%	$442K	$30K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05720	+0.280%	$273K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05710	+0.105%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05710	+0.105%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05712	+0.140%	$114	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05706	+0.031%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05737	+0.579%	$32K	$16K	50x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05716	+0.210%	$4.7M	$74K	75x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0383% / S −0.2839%	1h	0.05714	+0.170%	$14K	—	100x	as long as short