Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against MEXC−0.228%7-day average −0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$390.386% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.228%, 7d avg −0.108%

Together, before fees−0.014%+ Points / potential airdropExtended: Active · farm board−$1 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: Extended is 0.120% cheaper against MEXC than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLFI_USDT	0.05749	0.0100	pay 0.0050% / 4h	1h 32m	$14.1M	$21.7M	100x
Short	Extended WLFI-USD	0.05736	0.0104	get 0.0013% / 1h	32m 06s	$133K	$488K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.228%Rate

Funding earned: $0.84
Price spread: −0.228% → −0.108%: −$11.96
Slippage, 4 orders: −$33.62
Fee MEXC: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$49.73
Costs to cover: 0.386%
Break-even: 421.4 days

Slippage from MEXC: live order book, 2 min ago; Extended: live order book, 31 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, 2 min ago	0.87 bp	0.9 bp −$1	6.7 bp −$67	42.2 bp −$4,218	105.2 bp −$52.6K
Sell Extended live order book, 31 min ago	2.61 bp	19.0 bp −$19	108.7 bp −$1,087	doesn't fit	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
Coinbase International WLFI-PERP-INTX	−0.0200%	1h	0.05737	−0.209%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05745	−0.072%	$99K	$88K	20x	as long as short
Lighter WLFI	−0.0056%	1h	0.05735	−0.244%	$1.0M	$429K	5x	as long as short
Aster WLFIUSDT	−0.0012%	4h	0.05738	−0.188%	$1.6M	$584K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05731	−0.307%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.161%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05735	−0.237%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.574%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0078%	8h	0.05730	−0.339%	$2K	$118	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0098%	1h	0.05745	−0.070%	$521	$11K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05727	−0.374%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05739	−0.176%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05732	−0.290%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05747	−0.037%	$138.3M	$40.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05743	−0.104%	$21.0M	$18.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05737	−0.209%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05737	−0.205%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05739	−0.174%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDTlong	+0.0100%	4h	0.05749	long leg	$14.1M	$21.7M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05742	−0.122%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05734	−0.261%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05741	−0.139%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05742	−0.122%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05727	−0.376%	$447K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05736	−0.219%	$280K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.330%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	−0.157%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05743	−0.104%	$116	$6K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05736	−0.228%	$133K	$488K	10x
01 Exchange WLFIUSD	+0.0104%	1h	0.05736	−0.226%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05734	−0.254%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05734	−0.261%	$4.8M	$81K	75x	as long as short