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 0.000%

Price spread now: Binance against MEXC+0.051%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$220.221% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.051%−$5 · spread now +0.051%, 7d avg +0.001%

Together, before fees−0.051%−$5 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: Binance is 0.050% dearer against MEXC than usual: you sell high and buy low, +$5 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	MEXC WLFI_USDT	0.05763	0.0100	pay 0.0050% / 4h	3h 09m	$14.7M	$21.5M	100x
Short	Binance WLFIUSDT	0.05766	0.0100	get 0.0050% / 4h	3h 09m	$138.2M	$39.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → +0.001%: $5.03
Slippage, 4 orders: −$12.13
Fee MEXC: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$17.09
Costs to cover: 0.221%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Binance: 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 MEXC live order book, 4 min ago	0.87 bp	0.9 bp −$1	6.5 bp −$65	55.2 bp −$5,516	126.0 bp −$63.0K
Sell Binance live order book, 3 min ago	0.87 bp	10.7 bp −$11	20.0 bp −$200	91.2 bp −$9,119	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
Kraken Futures PF_WLFIUSD	−0.0109%	1h	0.05765	+0.031%	$73K	$49K	20x	as long as short
Lighter WLFI	0.0000%	1h	0.05758	−0.087%	$994K	$400K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05760	−0.060%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.901%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05768	+0.087%	$524	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05764	+0.021%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.816%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0087%	4h	0.05768	+0.084%	$1.6M	$589K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0090%	8h	0.05763	0.000%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05764	+0.017%	$80K	$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	0.05763	+0.009%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05763	−0.007%	$247K	$13K	5x	as long as short
Binance WLFIUSDTshort	+0.0100%	4h	0.05766	+0.051%	$138.2M	$39.5M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05765	+0.035%	$21.0M	$17.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05764	+0.017%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05769	+0.111%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05766	+0.052%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDTlong	+0.0100%	4h	0.05763	long leg	$14.7M	$21.5M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05766	+0.052%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05761	−0.035%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05766	+0.052%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05764	+0.017%	$240K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05758	−0.095%	$443K	$34K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05763	−0.004%	$277K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.052%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.121%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05764	+0.017%	$116	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05763	−0.008%	$133K	$506K	10x	as long as short
01 Exchange WLFIUSD	+0.0128%	1h	0.05769	+0.104%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	−0.451%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05764	+0.021%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05763	0.000%	$4.7M	$79K	75x	as long as short