Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0253%/8h= −27.7% APRpaid last 24h +0.126%

Price spread now: BloFin against Kraken Futures−0.135%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.374%+$37 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and BloFin is 0.135% cheaper against Kraken Futures than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.374%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WLFIUSD	0.05778	0.0407	pay 0.0051% / 1h	19m 16s	$97K	$90K	20x
Short	BloFin WLFI-USDT	0.05770	0.0155	get 0.0077% / 4h	19m 16s	$4.9M	$91K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Kraken Futures. 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 Kraken FuturesbpFee BloFinbpOrdersPrice spread, now −0.135%Rate

Funding earned: −$53.04
Price spread: −0.135% → 0.000%: −$13.55
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$88.59
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 4 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell BloFin live order book, 4 min ago	1.73 bp	15.1 bp −$15	19.2 bp −$192	70.5 bp −$7,053	doesn't fit

Kraken Futures: 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
Coinbase International WLFI-PERP-INTX	−0.0328%	1h	0.05732	−0.793%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.635%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05763	−0.263%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.070%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0081%	1h	0.05765	−0.230%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05759	−0.326%	$1.0M	$467K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05761	−0.296%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05762	−0.282%	$81K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05761	−0.288%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05763	−0.250%	$1.6M	$533K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05762	−0.277%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05767	−0.187%	$139.2M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05758	−0.343%	$21.0M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05762	−0.274%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05766	−0.212%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05762	−0.274%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05767	−0.187%	$13.6M	$19.9M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05763	−0.257%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05762	−0.274%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05753	−0.430%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05765	−0.222%	$234K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05751	−0.456%	$449K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05768	−0.178%	$284K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.309%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	−0.135%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05765	−0.222%	$86	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05761	−0.298%	$176K	$1.0M	10x	as long as short
BloFin WLFI-USDTshort	+0.0155%	4h	0.05770	−0.135%	$4.9M	$91K	75x
Deribit WLFI_USDC-PERPETUAL	+0.0270%	1h	0.05767	−0.187%	$523	$11K	10x	as long as short
01 Exchange WLFIUSD	+0.0272%	1h	0.05767	−0.187%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05763	−0.250%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSDlong	+0.0407%	1h	0.05778	long leg	$97K	$90K	20x