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: Bitget against BingX+0.070%7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$540.544% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.113%−$11 on $10k

Price spread, last 7 days−0.105%−$10 · spread now +0.070%, 7d avg −0.041%

Together, before fees−0.218%−$22 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: Bitget is 0.111% dearer against BingX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLFI-USDT	0.05729	0.0100	pay 0.0050% / 4h	1h 59m	—	$7.3M	—
Short	Bitget WLFIUSDT	0.05733	0.0100	get 0.0050% / 4h	1h 59m	$7.9M	$3.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now +0.070%Rate

Funding earned: $0
Price spread: +0.070% → −0.041%: $11.09
Slippage, 4 orders: −$32.39
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$43.31
Costs to cover: 0.544%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; Bitget: live order book, 4 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 BingX live order book, 8 min ago	5.22 bp	13.6 bp −$14	24.6 bp −$246	79.0 bp −$7,901	391.1 bp −$195.5K
Sell Bitget live order book, 4 min ago	2.61 bp	11.7 bp −$12	22.7 bp −$227	doesn't fit	doesn't fit

WLFI on 31 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
Kraken Futures PF_WLFIUSD	−0.0331%	1h	0.05727	−0.032%	$99K	$85K	20x	as long as short
Lighter WLFI	−0.0072%	1h	0.05726	−0.052%	$999K	$419K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0032%	1h	0.05737	+0.140%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05728	−0.026%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.523%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05728	−0.017%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05730	+0.015%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.227%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0041%	4h	0.05730	+0.026%	$1.6M	$582K	20x	as long as short
01 Exchange WLFIUSD	+0.0064%	1h	0.05732	+0.052%	$4K	$319	3x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex WLFI-USD-PERP	+0.0082%	8h	0.05729	+0.008%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0086%	1h	0.05726	−0.044%	$80K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05728	−0.021%	$10.4M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05730	+0.023%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05740	+0.189%	$137.8M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05733	+0.070%	$20.9M	$17.9M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05728	−0.017%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05735	+0.112%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05728	−0.017%	$3.4M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05738	+0.157%	$13.7M	$21.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05734	+0.087%	$3.2M	$1.1M	75x	as long as short
Bitget WLFIUSDTshort	+0.0100%	4h	0.05733	+0.070%	$7.9M	$3.2M	75x
BingX WLFI-USDTlong	+0.0100%	4h	0.05729	long leg	—	$7.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05724	−0.087%	$238K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05739	+0.183%	$448K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05748	+0.330%	$276K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	+0.367%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.192%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05727	−0.035%	$122	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05727	−0.032%	$133K	$487K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05733	+0.068%	$3K	—	100x	as long as short