Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.010%

Price spread now: MEXC against Paradex+0.109%46s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.109% dearer against Paradex than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex WLFI-USD-PERP	0.05796	0.0098	pay 0.0098% / 8h	3h 27m	$2K	$118	5x
Short	MEXC WLFI_USDT	0.05802	0.0100	get 0.0050% / 4h	3h 27m	$13.6M	$20.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Paradex. 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 ParadexbpFee MEXCbpOrdersPrice spread, now +0.109%Rate

Funding earned: $0.33
Price spread: +0.109% → 0.000%: $10.91
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee MEXC: 0 bp × 2 orders: $0
Net: $7.24
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; MEXC: live order book, 1 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell MEXC live order book, 1 min ago	0.86 bp	0.9 bp −$1	7.3 bp −$73	43.1 bp −$4,311	89.7 bp −$44.8K

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.313%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05797	+0.029%	$317	—	150x	as long as short
dYdX WLFI-USD	+0.0014%	1h	0.05799	+0.065%	$11K	$970	5x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.375%	$6K	$77K	5.5x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0048%	1h	0.05737	−1.012%	$32K	$15K	50x	as long as short
Aster WLFIUSDT	+0.0056%	4h	0.05799	+0.061%	$1.6M	$577K	20x	as long as short
Lighter WLFI	+0.0080%	1h	0.05793	−0.046%	$1.0M	$450K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0095%	1h	0.05803	+0.126%	$527	$11K	10x	as long as short
Paradex WLFI-USD-PERPlong	+0.0098%	8h	0.05796	long leg	$2K	$118	5x
Nado WLFI-PERP	+0.0100%	1h	0.05798	+0.049%	$82K	$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	0.05797	+0.030%	$10.6M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05801	+0.092%	$249K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05803	+0.122%	$139.9M	$41.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05796	+0.006%	$21.0M	$19.0M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05795	−0.012%	$7.7M	$13.3M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05802	+0.109%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05800	+0.075%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05802	+0.109%	$13.6M	$20.7M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05798	+0.040%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05794	−0.029%	$7.9M	$3.4M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05800	+0.075%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05800	+0.075%	$241K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05784	−0.193%	$452K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05791	−0.075%	$277K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05790	−0.098%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05810	+0.247%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05797	+0.023%	$108	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05795	−0.015%	$136K	$480K	10x	as long as short
01 Exchange WLFIUSD	+0.0168%	1h	0.05803	+0.126%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0298% / S −0.1279%	1h	0.05797	+0.014%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0338%	1h	0.05806	+0.173%	$100K	$87K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05803	+0.126%	$4.8M	$88K	75x	as long as short