Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: MEXC against Extended+0.080%7-day average +0.107% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.080%, 7d avg +0.107%

Together, before fees+0.065%+ Points / potential airdropExtended: Active · farm board+$6 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: MEXC is 0.026% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.107%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WLFI-USD	0.05719	0.0104	pay 0.0013% / 1h	56m 02s	$133K	$488K	10x
Short	MEXC WLFI_USDT	0.05724	0.0100	get 0.0050% / 4h	3h 56m	$14.5M	$21.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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 ExtendedbpFee MEXCbpOrdersPrice spread, now +0.080%Rate

Funding earned: −$0.84
Price spread: +0.080% → +0.107%: −$2.63
Slippage, 4 orders: −$36.32
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 0 bp × 2 orders: $0
Net: −$44.79
Costs to cover: 0.413%
Break-even: never at this rate

Slippage from Extended: live order book, 17 min ago; MEXC: live order book, 3 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 Extended live order book, 17 min ago	4.37 bp	19.8 bp −$20	78.7 bp −$787	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.87 bp	0.9 bp −$1	5.5 bp −$55	65.6 bp −$6,564	128.4 bp −$64.2K

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
Lighter WLFI	−0.0216%	1h	0.05718	−0.025%	$967K	$380K	5x	as long as short
Kraken Futures PF_WLFIUSD	−0.0110%	1h	0.05725	+0.094%	$73K	$50K	20x	as long as short
Aster WLFIUSDT	−0.0041%	4h	0.05724	+0.080%	$1.6M	$586K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05725	+0.089%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.698%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05726	+0.115%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05724	+0.081%	$313	—	150x	as long as short
01 Exchange WLFIUSD	+0.0024%	1h	0.05725	+0.098%	$4K	$319	3x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.060%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0079%	8h	0.05725	+0.100%	$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
Nado WLFI-PERP	+0.0100%	1h	0.05721	+0.036%	$79K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05721	+0.031%	$10.4M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05722	+0.038%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05726	+0.115%	$137.1M	$40.2M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05718	−0.025%	$20.8M	$17.8M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05722	+0.045%	$7.5M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05727	+0.127%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05723	+0.063%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05724	+0.080%	$14.5M	$21.3M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05725	+0.098%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05723	+0.063%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05723	+0.063%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05724	+0.080%	$238K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05718	−0.029%	$443K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05740	+0.362%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	+0.360%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	+0.185%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05725	+0.098%	$108	$5K	5x	as long as short
Extended WLFI-USDlong	+0.0104%	1h	0.05719	long leg	$133K	$488K	10x
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	+0.307%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05723	+0.066%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05733	+0.238%	$4.7M	$77K	75x	as long as short