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: MEXC against Bitget−0.069%7-day average +0.099% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

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

costs, in and out, $10k−$260.258% of the position

Long on Bitget Short on MEXC

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+0.169%+$17 · spread now −0.069%, 7d avg +0.099%

Together, before fees+0.281%+$28 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 0.168% cheaper against Bitget than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.099%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLFIUSDT	0.05770	0.0100	pay 0.0050% / 4h	3h 04m	$8.0M	$3.2M	75x
Short	MEXC WLFI_USDT	0.05766	0.0100	get 0.0050% / 4h	3h 04m	$15.5M	$21.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → +0.099%: −$16.81
Slippage, 4 orders: −$13.85
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$42.66
Costs to cover: 0.258%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; MEXC: 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 Bitget live order book, 3 min ago	1.74 bp	11.2 bp −$11	19.2 bp −$192	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.87 bp	0.9 bp −$1	6.2 bp −$62	52.9 bp −$5,293	98.0 bp −$49.0K

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
Kraken Futures PF_WLFIUSD	−0.0109%	1h	0.05768	−0.032%	$73K	$49K	20x	as long as short
Lighter WLFI	−0.0008%	1h	0.05762	−0.139%	$996K	$401K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05762	−0.146%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.773%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05769	−0.017%	$524	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05765	−0.089%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.936%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0084%	4h	0.05761	−0.155%	$1.6M	$589K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0091%	8h	0.05760	−0.173%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05760	−0.173%	$80K	$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	0.05767	−0.045%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05760	−0.170%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05771	+0.016%	$138.2M	$39.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05765	−0.087%	$21.0M	$17.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05764	−0.104%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05765	−0.094%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05767	−0.052%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05766	−0.069%	$15.5M	$21.6M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05766	−0.069%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDTlong	+0.0100%	4h	0.05770	long leg	$8.0M	$3.2M	75x
BingX WLFI-USDC	+0.0100%	4h	0.05760	−0.173%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05765	−0.087%	$240K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05754	−0.270%	$443K	$34K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05768	−0.029%	$278K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.173%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	0.000%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05768	−0.035%	$114	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05762	−0.136%	$134K	$512K	10x	as long as short
01 Exchange WLFIUSD	+0.0120%	1h	0.05764	−0.104%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	−0.572%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05764	−0.106%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05761	−0.156%	$4.7M	$78K	75x	as long as short