Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.280%

Price spread now: dYdX against KuCoin−0.061%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.061% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLFIUSDTM	0.05775	0.0100	pay 0.0050% / 4h	3h 48m	$3.3M	$1.1M	75x
Short	dYdX WLFI-USD	0.05771	0	get 0.0000% / 1h	48m 16s	$11K	$970	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.061%Rate

Funding earned: −$21
Price spread: −0.061% → 0.000%: −$6.13
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$49.13
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 4 min ago; dYdX: no order-book sample. 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 KuCoin live order book, 4 min ago	5.20 bp	27.8 bp −$28	98.2 bp −$982	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
dYdX WLFI-USDshort	0.0000%	1h	0.05771	−0.061%	$11K	$970	5x
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.687%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05772	−0.060%	$316	—	150x	as long as short
Aster WLFIUSDT	+0.0011%	4h	0.05776	+0.015%	$1.6M	$577K	20x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.022%	$6K	$77K	5.5x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0048%	1h	0.05737	−0.658%	$32K	$15K	50x	as long as short
Paradex WLFI-USD-PERP	+0.0093%	8h	0.05766	−0.151%	$2K	$118	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05765	−0.173%	$1.0M	$446K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0096%	1h	0.05775	0.000%	$524	$11K	10x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05769	−0.095%	$82K	$24K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05771	−0.076%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05770	−0.087%	$248K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05773	−0.034%	$139.1M	$41.2M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05767	−0.139%	$21.1M	$18.8M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05769	−0.104%	$7.6M	$13.0M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05773	−0.033%	$7K	$7K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05773	−0.035%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05778	+0.052%	$13.7M	$20.1M	100x	as long as short
KuCoin WLFIUSDTMlong	+0.0100%	4h	0.05775	long leg	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05768	−0.121%	$7.9M	$3.4M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05770	−0.087%	—	$2.3M	—	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05771	−0.061%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05772	−0.051%	$282K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.087%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.087%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05773	−0.035%	$96	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05767	−0.131%	$133K	$482K	10x	as long as short
Backpack WLFI_USDC_PERP	+0.0117%	1h	0.05766	−0.156%	$240K	$26K	10x	as long as short
01 Exchange WLFIUSD	+0.0160%	1h	0.05775	0.000%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05773	−0.035%	$3K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0340%	1h	0.05775	+0.004%	$100K	$87K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05772	−0.052%	$4.8M	$87K	75x	as long as short