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: Bybit against BingX−0.087%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$450.448% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 7 days+0.055%+$5 · spread now −0.087%, 7d avg −0.029%

Together, before fees−0.036%−$4 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: Bybit is 0.057% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLFI-USDT	0.05763	0.0100	pay 0.0050% / 4h	19m 32s	—	$7.4M	—
Short	Bybit WLFIUSDT	0.05758	0.0100	get 0.0050% / 4h	19m 32s	$21.0M	$19.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.087%Rate

Funding earned: $0
Price spread: −0.087% → −0.029%: −$5.73
Slippage, 4 orders: −$23.84
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$50.57
Costs to cover: 0.448%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; Bybit: 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	6.06 bp	14.8 bp −$15	27.9 bp −$279	86.2 bp −$8,622	468.5 bp −$234.3K
Sell Bybit live order book, 4 min ago	0.87 bp	9.3 bp −$9	28.3 bp −$283	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	−0.0328%	1h	0.05732	−0.538%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.904%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05763	−0.007%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.816%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0081%	1h	0.05765	+0.026%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05759	−0.069%	$1.0M	$467K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05761	−0.040%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05762	−0.025%	$81K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05761	−0.031%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05763	+0.008%	$1.6M	$533K	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	0.05762	−0.021%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05768	+0.084%	$139.3M	$42.9M	75x	as long as short
Bybit WLFIUSDTshort	+0.0100%	4h	0.05758	−0.087%	$21.0M	$19.4M	75x
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05762	−0.017%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05766	+0.045%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05763	0.000%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05767	+0.069%	$13.6M	$19.9M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05763	0.000%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05762	−0.017%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDTlong	+0.0100%	4h	0.05763	long leg	—	$7.4M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05765	+0.035%	$234K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05751	−0.200%	$449K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05768	+0.079%	$284K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.052%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.121%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05764	+0.017%	$86	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05760	−0.052%	$176K	$1.0M	10x	as long as short
BloFin WLFI-USDT	+0.0129%	4h	0.05763	0.000%	$4.9M	$91K	75x	as long as short
01 Exchange WLFIUSD	+0.0272%	1h	0.05767	+0.069%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05763	+0.007%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0407%	1h	0.05780	+0.302%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0444%	1h	0.05764	+0.017%	$523	$11K	10x	as long as short