Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.028%

Price spread now: BingX against gTrade (Gains Network)−0.034%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. BingX is 0.034% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 29 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WLFI/USD	0.05712	L +0.0005% / S −0.0005%	pay 0.0001% / 1h	29m 21s	$312	—	150x
Short	BingX WLFI-USDT	0.05710	0.0100	get 0.0050% / 4h	1h 29m	—	$7.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BingXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $19.91
Price spread: −0.034% → 0.000%: −$3.45
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$3.54
Costs to cover: 0.200%
Break-even: 8.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 8 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell BingX live order book, 8 min ago	6.12 bp	17.3 bp −$17	31.3 bp −$313	82.3 bp −$8,232	506.4 bp −$253.2K

gTrade (Gains Network): 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	−0.0705%	1h	0.05711	−0.017%	$73K	$70K	20x	as long as short
Aster WLFIUSDT	−0.0326%	4h	0.05707	−0.087%	$1.6M	$576K	20x	as long as short
Lighter WLFI	−0.0232%	1h	0.05706	−0.105%	$946K	$375K	5x	as long as short
OKX WLFI-USDT-SWAP	−0.0009%	4h	0.05708	−0.070%	$7.4M	$12.5M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05707	−0.085%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.836%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05717	+0.088%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USDlong	L +0.0005% / S −0.0005%	1h	0.05712	long leg	$312	—	150x
01 Exchange WLFIUSD	+0.0008%	1h	0.05708	−0.070%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0010%	8h	0.05708	−0.077%	$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
Gate WLFI_USDT	+0.0064%	4h	0.05710	−0.034%	$3.4M	$2.8M	75x	as long as short
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	+0.071%	$6K	$77K	5.5x	as long as short
Hyperliquid WLFI	+0.0095%	1h	0.05706	−0.108%	$10.4M	$1.2M	5x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05699	−0.231%	$441K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05703	−0.148%	$79K	$31K	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05704	−0.131%	$242K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05714	+0.040%	$136.7M	$38.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05706	−0.105%	$20.5M	$17.0M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05710	−0.033%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05710	−0.034%	$14.8M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05710	−0.034%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05710	−0.034%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDTshort	+0.0100%	4h	0.05710	−0.034%	—	$7.2M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05704	−0.140%	$237K	$30K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05707	−0.089%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05710	−0.034%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05710	−0.034%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05714	+0.036%	$122	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05707	−0.079%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05713	+0.025%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05713	+0.018%	$4.7M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.438%	$32K	$16K	50x	as long as short