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 +0.005%

Price spread now: MEXC against Variational Omni−0.079%7-day average +0.096% · you buy dearer than you sell

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

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.032%+$3 on $10k

Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.079%, 7d avg +0.096%

Together, before fees+0.158%+ Points / potential airdropVariational Omni: Active · farm board+$16 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: MEXC is 0.174% cheaper against Variational Omni than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni WLFI	0.05783	0.0100	pay 0.0050% / 4h	2h 36m	$452K	$40K	—
Short	MEXC WLFI_USDT	0.05778	0.0100	get 0.0050% / 4h	2h 36m	$13.8M	$20.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee MEXCbpOrdersPrice spread, now −0.079%Rate

Funding earned: $0
Price spread: −0.079% → +0.096%: −$17.42
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: −$17.42
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 12 min ago; MEXC: live order book, 2 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 Variational Omni RFQ quote, 12 min ago	4.32 bp	doesn't fit	37.2 bp −$372	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.87 bp	0.9 bp −$1	7.8 bp −$78	38.2 bp −$3,820	111.2 bp −$55.6K

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	−0.0144%	1h	0.05737	−0.788%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.551%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05774	−0.150%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.151%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0051%	1h	0.05769	−0.242%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0088%	1h	0.05769	−0.234%	$1.0M	$455K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0098%	8h	0.05771	−0.196%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05774	−0.139%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05781	−0.018%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05774	−0.156%	$1.6M	$586K	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	0.05771	−0.200%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05783	+0.001%	$139.6M	$42.6M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05782	−0.009%	$21.1M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05781	−0.027%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05775	−0.124%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05779	−0.061%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05778	−0.079%	$13.8M	$20.4M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05778	−0.079%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05782	−0.009%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05784	+0.025%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05780	−0.044%	$240K	$26K	10x	as long as short
Variational Omni WLFIlong	+0.0100%	4h	0.05783	long leg	$452K	$40K	—
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05766	−0.294%	$282K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.217%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	−0.044%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05776	−0.113%	$87	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05777	−0.096%	$136K	$698K	10x	as long as short
01 Exchange WLFIUSD	+0.0192%	1h	0.05779	−0.061%	$4K	$319	3x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0269%	1h	0.05779	−0.061%	$525	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05774	−0.148%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05772	−0.182%	$4.8M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0380%	1h	0.05776	−0.109%	$97K	$90K	20x	as long as short