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: KuCoin against MEXC−0.035%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$490.485% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.046%−$5 · spread now −0.035%, 7d avg −0.056%

Together, before fees−0.046%−$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: KuCoin is 0.021% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLFI_USDT	0.05732	0.0100	pay 0.0050% / 4h	1h 04m	$13.8M	$21.8M	100x
Short	KuCoin WLFIUSDTM	0.05730	0.0100	get 0.0050% / 4h	1h 04m	$3.3M	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → −0.056%: $2.1
Slippage, 4 orders: −$36.51
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$46.41
Costs to cover: 0.485%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 2 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	7.8 bp −$78	46.4 bp −$4,643	115.4 bp −$57.7K
Sell KuCoin live order book, 2 min ago	4.36 bp	20.9 bp −$21	89.9 bp −$899	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	+0.087%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05732	+0.008%	$99K	$87K	20x	as long as short
Lighter WLFI	−0.0048%	1h	0.05722	−0.174%	$1.0M	$433K	5x	as long as short
Aster WLFIUSDT	−0.0012%	4h	0.05728	−0.075%	$1.6M	$575K	20x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.469%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05732	0.000%	$520	$11K	10x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05729	−0.054%	$11K	$970	5x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05728	−0.069%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.279%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0081%	8h	0.05722	−0.170%	$2K	$118	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	0.05733	+0.016%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05724	−0.133%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05733	+0.026%	$137.9M	$40.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05725	−0.122%	$20.8M	$18.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05728	−0.070%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05730	−0.033%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05730	−0.035%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDTlong	+0.0100%	4h	0.05732	long leg	$13.8M	$21.8M	100x
KuCoin WLFIUSDTMshort	+0.0100%	4h	0.05730	−0.035%	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05729	−0.052%	$7.9M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05730	−0.035%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05730	−0.035%	$238K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05720	−0.203%	$447K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05737	+0.081%	$275K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.035%	$33K	$39K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05724	−0.131%	$81K	$25K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.140%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05730	−0.035%	$112	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05728	−0.069%	$133K	$485K	10x	as long as short
01 Exchange WLFIUSD	+0.0112%	1h	0.05730	−0.035%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05726	−0.112%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05727	−0.087%	$4.8M	$82K	75x	as long as short