Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against MEXC−0.138%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

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

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.138% cheaper against MEXC than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLFI_USDT	0.05778	0.0100	pay 0.0050% / 4h	3h 53m	$13.5M	$19.7M	100x
Short	BingX WLFI-USDC	0.05770	0.0100	get 0.0050% / 4h	3h 53m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.138%Rate

Funding earned: $0
Price spread: −0.138% → 0.000%: −$13.85
Slippage, 4 orders: −$31.13
Fee MEXC: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$54.97
Costs to cover: 0.411%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 9 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, 5 min ago	1.73 bp	1.7 bp −$2	8.7 bp −$87	46.0 bp −$4,603	121.9 bp −$60.9K
Sell BingX live order book, 9 min ago	1.73 bp	18.5 bp −$18	74.7 bp −$747	506.3 bp −$50.6K	996.9 bp −$498.4K

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	−0.0536%	1h	0.05732	−0.796%	$21K	$27K	50x	as long as short
01 Exchange WLFIUSD	−0.0048%	1h	0.05775	−0.052%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.635%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05773	−0.091%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.073%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05770	−0.138%	$1.0M	$469K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05772	−0.102%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05772	−0.100%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05773	−0.093%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05774	−0.065%	$1.6M	$529K	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	0.05773	−0.085%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05778	+0.008%	$139.6M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05769	−0.156%	$21.1M	$19.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05773	−0.087%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05776	−0.033%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05774	−0.069%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDTlong	+0.0100%	4h	0.05778	long leg	$13.5M	$19.7M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05777	−0.017%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05773	−0.087%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDCshort	+0.0100%	4h	0.05770	−0.138%	—	$2.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05775	−0.052%	$234K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05773	−0.094%	$451K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05790	+0.207%	$286K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	+0.035%	$34K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.035%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05776	−0.035%	$102	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05771	−0.123%	$174K	$1.0M	10x	as long as short
dYdX WLFI-USD	+0.0173%	1h	0.05772	−0.097%	$11K	$943	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0269%	1h	0.05778	0.000%	$524	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05774	−0.069%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05778	0.000%	$4.9M	$102K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.2346%	1h	0.05777	−0.012%	$97K	$90K	20x	as long as short