WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.037%

Price spread now: BloFin against KuCoin−0.017%65s7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$750.753% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$10 on $10k

Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.017%, 7d avg +0.029%

Together, before fees+0.220%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.046% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.029%). If the spread goes back, that is −$5 on $10k: about 15 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.095% in total) that is about 3.4 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.095% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLFIUSDTM	0.05774	0.0100	pay 0.0050% / 4h	2h 30m	$3.3M	$1.2M	75x
Short	BloFin WLFI-USDT	0.05773	0.0340	get 0.0170% / 4h	2h 30m	$4.8M	$87K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.017%Rate

Funding earned: $50.4
Price spread: −0.017% → +0.029%: −$4.59
Slippage, 4 orders: −$51.3
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$29.49
Costs to cover: 0.753%
Break-even: 11.1 days

Slippage from KuCoin: live order book, 2 min ago; BloFin: 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 KuCoin live order book, 2 min ago	6.93 bp	23.7 bp −$24	103.5 bp −$1,035	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	0.87 bp	6.9 bp −$7	20.0 bp −$200	49.8 bp −$4,983	doesn't fit

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	−0.0144%	1h	0.05737	−0.641%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.706%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05772	−0.028%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.005%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0039%	1h	0.05769	−0.093%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05769	−0.087%	$1.0M	$456K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0098%	8h	0.05770	−0.064%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05772	−0.035%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05774	0.000%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05772	−0.035%	$1.6M	$587K	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	0.05772	−0.043%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05778	+0.065%	$139.3M	$42.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05773	−0.017%	$21.1M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05774	0.000%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05774	−0.007%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05773	−0.017%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05776	+0.035%	$13.8M	$20.4M	100x	as long as short
KuCoin WLFIUSDTMlong	+0.0100%	4h	0.05774	long leg	$3.3M	$1.2M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05778	+0.069%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05771	−0.052%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05778	+0.069%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05769	−0.093%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05777	+0.060%	$274K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.069%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.104%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05775	+0.017%	$90	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05771	−0.053%	$144K	$706K	10x	as long as short
01 Exchange WLFIUSD	+0.0184%	1h	0.05775	+0.017%	$4K	$319	3x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0269%	1h	0.05778	+0.069%	$524	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05774	−0.009%	$7K	—	100x	as long as short
BloFin WLFI-USDTshort	+0.0340%	4h	0.05773	−0.017%	$4.8M	$87K	75x
Kraken Futures PF_WLFIUSD	+0.0380%	1h	0.05777	+0.049%	$97K	$90K	20x	as long as short