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: Gate against MEXC−0.121%7-day average −0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$360.362% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 7 days+0.040%+$4 · spread now −0.121%, 7d avg −0.072%

Together, before fees+0.007%+$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: Gate is 0.049% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLFI_USDT	0.05784	0.0100	pay 0.0050% / 4h	42m 12s	$13.7M	$19.8M	100x
Short	Gate WLFI_USDT	0.05777	0.0100	get 0.0050% / 4h	42m 12s	$3.5M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.121%Rate

Funding earned: $0
Price spread: −0.121% → −0.072%: −$4.91
Slippage, 4 orders: −$21.22
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$41.14
Costs to cover: 0.362%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 6 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, 1 min ago	0.87 bp	0.9 bp −$1	6.1 bp −$61	50.3 bp −$5,030	119.0 bp −$59.5K
Sell Gate live order book, 6 min ago	2.60 bp	14.9 bp −$15	37.3 bp −$373	67.5 bp −$6,754	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	−0.0328%	1h	0.05732	−0.899%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.523%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05776	−0.146%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.176%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0075%	1h	0.05775	−0.148%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05773	−0.190%	$1.0M	$467K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05773	−0.191%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05776	−0.138%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05777	−0.121%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05778	−0.097%	$1.6M	$534K	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	0.05776	−0.133%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05784	0.000%	$139.7M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05774	−0.173%	$21.1M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05777	−0.121%	$7.8M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05779	−0.095%	$7K	$8K	5x	as long as short
Gate WLFI_USDTshort	+0.0100%	4h	0.05777	−0.121%	$3.5M	$3.1M	75x
MEXC WLFI_USDTlong	+0.0100%	4h	0.05784	long leg	$13.7M	$19.8M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05777	−0.121%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05773	−0.190%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05775	−0.156%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05777	−0.121%	$234K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05767	−0.287%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05780	−0.077%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.242%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.104%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05778	−0.104%	$83	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05776	−0.139%	$174K	$999K	10x	as long as short
BloFin WLFI-USDT	+0.0133%	4h	0.05780	−0.069%	$4.9M	$91K	75x	as long as short
01 Exchange WLFIUSD	+0.0288%	1h	0.05782	−0.035%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05775	−0.161%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0406%	1h	0.05792	+0.137%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0442%	1h	0.05782	−0.035%	$525	$11K	10x	as long as short