Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0636%/8h= −69.6% APRpaid last 24h +0.006%

Price spread now: Coinbase International against Bitget+0.933%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Coinbase International is 0.933% dearer against Bitget than usual: you sell high and buy low (spread +0.933% now, against zero (this spread has no 7-day history yet)): +$93 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLFIUSDT	0.05679	0.0100	pay 0.0050% / 4h	3h 29m	$7.9M	$3.7M	75x
Short	Coinbase International WLFI-PERP-INTX	0.05732	−0.0536	pay 0.0067% / 1h	29m 14s	$21K	$27K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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 BitgetbpFee Coinbase InternationalbpOrdersPrice spread, now +0.933%Rate

Funding earned: −$133.56
Price spread: +0.933% → 0.000%: $93.33
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$62.23
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: Bitget: live order book, 4 min ago; Coinbase International: no order-book sample. 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 Bitget live order book, 4 min ago	2.62 bp	12.7 bp −$13	27.1 bp −$271	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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
Coinbase International WLFI-PERP-INTXshort	−0.0536%	1h	0.05732	+0.933%	$21K	$27K	50x
01 Exchange WLFIUSD	−0.0176%	1h	0.05675	−0.070%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+6.455%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05669	−0.183%	$310	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	+0.652%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05672	−0.123%	$1.0M	$470K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05672	−0.119%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05675	−0.069%	$81K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05673	−0.102%	$10.4M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05674	−0.093%	$1.6M	$553K	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	0.05674	−0.079%	$242K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05681	+0.035%	$137.3M	$44.4M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05677	−0.035%	$20.8M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05677	−0.035%	$7.5M	$13.9M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05676	−0.060%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05675	−0.070%	$3.4M	$3.2M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05680	+0.018%	$13.3M	$20.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05676	−0.053%	$3.2M	$1.1M	75x	as long as short
Bitget WLFIUSDTlong	+0.0100%	4h	0.05679	long leg	$7.9M	$3.7M	75x
BingX WLFI-USDC	+0.0100%	4h	0.05674	−0.088%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05673	−0.106%	$227K	$33K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05706	+0.468%	$446K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05685	+0.106%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05700	+0.370%	$33K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05690	+0.194%	$38K	$1.8M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05678	−0.018%	$101	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05675	−0.070%	$174K	$1.0M	10x	as long as short
dYdX WLFI-USD	+0.0112%	1h	0.05669	−0.174%	$11K	$943	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0278%	1h	0.05682	+0.053%	$516	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0302% / S −0.1371%	1h	0.05668	−0.203%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05716	+0.652%	$4.8M	$103K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.2387%	1h	0.05677	−0.032%	$96K	$91K	20x	as long as short