Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: OKX against KuCoin−0.105%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$720.722% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 7 days+0.049%+$5 · spread now −0.105%, 7d avg −0.044%

Together, before fees−0.002%$0 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: OKX is 0.061% 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 −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLFIUSDTM	0.05736	0.0100	pay 0.0050% / 4h	1h 54m	$3.3M	$1.1M	75x
Short	OKX WLFI-USDT-SWAP	0.05730	0.0100	get 0.0050% / 4h	1h 54m	$7.6M	$12.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.105%Rate

Funding earned: $0
Price spread: −0.105% → −0.044%: −$6.08
Slippage, 4 orders: −$50.22
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$78.3
Costs to cover: 0.722%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; OKX: live order book, 4 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, 3 min ago	6.98 bp	22.4 bp −$22	92.3 bp −$923	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.87 bp	10.0 bp −$10	23.6 bp −$236	doesn't fit	doesn't fit

WLFI on 31 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	−0.0200%	1h	0.05737	+0.017%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05739	+0.055%	$99K	$85K	20x	as long as short
ApeX Omni WLFIUSDT	−0.0133%	1h	0.05730	−0.105%	$33K	$39K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05730	−0.106%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.395%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05736	0.000%	$521	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05735	−0.022%	$314	—	150x	as long as short
Lighter WLFI	+0.0024%	1h	0.05723	−0.227%	$999K	$420K	5x	as long as short
Aster WLFIUSDT	+0.0030%	4h	0.05732	−0.070%	$1.6M	$581K	20x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.349%	$6K	$77K	5.5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex WLFI-USD-PERP	+0.0078%	8h	0.05723	−0.222%	$2K	$118	5x	as long as short
01 Exchange WLFIUSD	+0.0096%	1h	0.05738	+0.035%	$4K	$319	3x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05734	−0.035%	$81K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05724	−0.200%	$10.4M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05728	−0.141%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05736	0.000%	$137.7M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05732	−0.070%	$20.9M	$17.9M	75x	as long as short
OKX WLFI-USDT-SWAPshort	+0.0100%	4h	0.05730	−0.105%	$7.6M	$12.7M	50x
Arcus WLFI-USD	+0.0100%	1h	0.05738	+0.031%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05732	−0.070%	$3.4M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05738	+0.035%	$13.7M	$21.5M	100x	as long as short
KuCoin WLFIUSDTMlong	+0.0100%	4h	0.05736	long leg	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05733	−0.052%	$7.9M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05731	−0.087%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05734	−0.035%	$238K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05742	+0.097%	$447K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05736	−0.006%	$275K	$1.8M	10x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.070%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05736	0.000%	$119	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05729	−0.120%	$133K	$487K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05734	−0.040%	$3K	—	100x	as long as short