Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against KuCoin0.000%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$530.527% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.093%+$9 · spread now 0.000%, 7d avg +0.056%

Together, before fees+0.093%+$9 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: MEXC is 0.056% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLFIUSDTM	0.05772	0.0100	pay 0.0050% / 4h	3h 47m	$3.3M	$1.1M	75x
Short	MEXC WLFI_USDT	0.05772	0.0100	get 0.0050% / 4h	3h 47m	$13.7M	$20.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.056%: −$5.56
Slippage, 4 orders: −$40.7
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$58.26
Costs to cover: 0.527%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; MEXC: live order book, 2 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, 5 min ago	5.20 bp	27.8 bp −$28	98.2 bp −$982	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.87 bp	0.9 bp −$1	6.8 bp −$68	64.9 bp −$6,495	98.3 bp −$49.2K

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-USD	0.0000%	1h	0.05771	−0.009%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.742%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05774	+0.035%	$524	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05771	−0.025%	$316	—	150x	as long as short
Aster WLFIUSDT	+0.0009%	4h	0.05770	−0.031%	$1.6M	$577K	20x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.970%	$6K	$77K	5.5x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0048%	1h	0.05737	−0.606%	$32K	$15K	50x	as long as short
Paradex WLFI-USD-PERP	+0.0093%	8h	0.05770	−0.038%	$2K	$118	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05768	−0.069%	$1.0M	$446K	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05768	−0.061%	$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	0.05769	−0.052%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05771	−0.019%	$248K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05774	+0.042%	$139.2M	$41.2M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05766	−0.104%	$21.1M	$18.8M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05772	0.000%	$7.6M	$13.0M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05772	0.000%	$7K	$7K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05771	−0.017%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05772	0.000%	$13.7M	$20.1M	100x
KuCoin WLFIUSDTMlong	+0.0100%	4h	0.05772	long leg	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05768	−0.069%	$7.9M	$3.4M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05770	−0.035%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05773	+0.017%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05771	−0.009%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05769	−0.049%	$282K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.208%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.139%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05773	+0.017%	$92	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05771	−0.026%	$133K	$482K	10x	as long as short
01 Exchange WLFIUSD	+0.0152%	1h	0.05775	+0.052%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05773	+0.014%	$3K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0340%	1h	0.05774	+0.043%	$100K	$87K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05777	+0.087%	$4.8M	$87K	75x	as long as short