Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h +0.023%

Price spread now: Binance against Coinbase International+0.387%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Binance is 0.387% dearer against Coinbase International than usual: you sell high and buy low (spread +0.387% now, against zero (this spread has no 7-day history yet)): +$39 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 4.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WLFI-PERP-INTX	0.05737	0.0368	pay 0.0046% / 1h	53m 13s	$32K	$16K	50x
Short	Binance WLFIUSDT	0.05759	0.0100	get 0.0050% / 4h	53m 13s	$138.0M	$39.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Coinbase International. 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 Coinbase InternationalbpFee BinancebpOrdersPrice spread, now +0.387%Rate

Funding earned: −$56.28
Price spread: +0.387% → 0.000%: $38.71
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$37.57
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Binance: live order book, 5 min ago. 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Binance live order book, 5 min ago	0.87 bp	11.4 bp −$11	27.6 bp −$276	101.8 bp −$10.2K	doesn't fit

Coinbase International: 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_WLFIUSD	−0.0433%	1h	0.05757	+0.347%	$73K	$59K	20x	as long as short
Aster WLFIUSDT	−0.0177%	4h	0.05756	+0.337%	$1.6M	$581K	20x	as long as short
Lighter WLFI	−0.0016%	1h	0.05750	+0.227%	$964K	$386K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05752	+0.264%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.374%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05753	+0.278%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.366%	$6K	$77K	5.5x	as long as short
OKX WLFI-USDT-SWAP	+0.0053%	4h	0.05750	+0.227%	$7.5M	$12.7M	50x	as long as short
Paradex WLFI-USD-PERP	+0.0056%	8h	0.05749	+0.211%	$2K	$108	5x	as long as short
01 Exchange WLFIUSD	+0.0088%	1h	0.05754	+0.296%	$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
Deribit WLFI_USDC-PERPETUAL	+0.0097%	1h	0.05758	+0.366%	$523	$11K	10x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05750	+0.235%	$79K	$30K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05750	+0.232%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05750	+0.227%	$244K	$10K	5x	as long as short
Binance WLFIUSDTshort	+0.0100%	4h	0.05759	+0.387%	$138.0M	$39.5M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05748	+0.192%	$21.0M	$17.4M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05757	+0.350%	$1K	$10	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05751	+0.244%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05758	+0.366%	$14.8M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05757	+0.349%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05748	+0.192%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05751	+0.244%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05752	+0.261%	$239K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05752	+0.257%	$445K	$30K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05761	+0.419%	$279K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	+0.401%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05760	+0.401%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05756	+0.331%	$125	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05750	+0.225%	$133K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05754	+0.289%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05759	+0.383%	$4.7M	$70K	75x	as long as short
Coinbase International WLFI-PERP-INTXlong	+0.0368%	1h	0.05737	long leg	$32K	$16K	50x