Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against KuCoin−0.069%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$840.838% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.127%+$13 · spread now −0.069%, 7d avg −0.001%

Together, before fees+0.127%+$13 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: BingX is 0.069% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLFIUSDTM	0.05786	0.0100	pay 0.0050% / 4h	3h 46m	$3.3M	$1.1M	75x
Short	BingX WLFI-USDT	0.05782	0.0100	get 0.0050% / 4h	3h 46m	—	$7.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → −0.001%: −$6.85
Slippage, 4 orders: −$61.79
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$90.65
Costs to cover: 0.838%
Break-even: never at this rate

Slippage from KuCoin: live order book, 11 min ago; BingX: live order book, 6 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 KuCoin live order book, 11 min ago	5.18 bp	25.9 bp −$26	97.9 bp −$979	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	6.06 bp	13.0 bp −$13	22.9 bp −$229	77.5 bp −$7,751	533.7 bp −$266.9K

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	−0.0536%	1h	0.05732	−0.933%	$21K	$27K	50x	as long as short
01 Exchange WLFIUSD	−0.0440%	1h	0.05786	0.000%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.487%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05783	−0.059%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.210%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05779	−0.121%	$1.1M	$470K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05781	−0.081%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05783	−0.043%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05783	−0.043%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05783	−0.043%	$1.6M	$529K	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	0.05783	−0.055%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05787	+0.017%	$139.8M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05779	−0.121%	$21.1M	$19.1M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05781	−0.086%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05786	−0.007%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05784	−0.035%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05788	+0.035%	$13.8M	$19.8M	100x	as long as short
KuCoin WLFIUSDTMlong	+0.0100%	4h	0.05786	long leg	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05782	−0.069%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDTshort	+0.0100%	4h	0.05782	−0.069%	—	$7.4M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05786	0.000%	$235K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05780	−0.112%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05782	−0.068%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.104%	$34K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.069%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05785	−0.017%	$105	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05782	−0.071%	$177K	$1.0M	10x	as long as short
dYdX WLFI-USD	+0.0232%	1h	0.05779	−0.121%	$11K	$943	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0269%	1h	0.05788	+0.035%	$525	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05784	−0.040%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05789	+0.052%	$4.9M	$102K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.2343%	1h	0.05786	−0.003%	$97K	$90K	20x	as long as short