WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.008%

Price spread now: BingX against BloFin−0.140%111s7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$600.599% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 3 days (all we have)−0.390%−$39 · spread now −0.140%, 7d avg −0.051%

Together, before fees−0.466%−$47 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BingX is 0.089% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.051%). Swap the legs. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLFI-USDT	0.05732	0.0340	pay 0.0170% / 4h	3h 31m	$4.7M	$68K	75x
Short	BingX WLFI-USDT	0.05724	0.0100	get 0.0050% / 4h	3h 31m	—	$7.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now −0.140%Rate

Funding earned: −$50.4
Price spread: −0.140% → −0.051%: −$8.9
Slippage, 4 orders: −$37.91
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$119.21
Costs to cover: 0.599%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; BingX: live order book, 16 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 BloFin live order book, 3 min ago	2.62 bp	13.4 bp −$13	29.4 bp −$294	doesn't fit	doesn't fit
Sell BingX live order book, 16 min ago	6.12 bp	14.6 bp −$15	28.8 bp −$288	81.7 bp −$8,167	433.1 bp −$216.5K

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
Aster WLFIUSDT	−0.0296%	4h	0.05720	−0.207%	$1.6M	$567K	20x	as long as short
Kraken Futures PF_WLFIUSD	−0.0223%	1h	0.05726	−0.108%	$72K	$91K	20x	as long as short
Lighter WLFI	−0.0160%	1h	0.05717	−0.262%	$942K	$362K	5x	as long as short
OKX WLFI-USDT-SWAP	−0.0009%	4h	0.05721	−0.192%	$7.5M	$12.4M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05725	−0.117%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.470%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05726	−0.105%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05726	−0.101%	$313	—	150x	as long as short
Paradex WLFI-USD-PERP	+0.0024%	8h	0.05725	−0.130%	$2K	$108	5x	as long as short
Variational Omni WLFI	+0.0036%	4h	0.05721	−0.199%	$448K	$25K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective WLFI/USDC PERP	+0.0043%	1h	0.05726	−0.105%	$6K	$50K	5.5x	as long as short
Hyperliquid WLFI	+0.0067%	1h	0.05720	−0.209%	$10.5M	$1.2M	5x	as long as short
Gate WLFI_USDT	+0.0068%	4h	0.05724	−0.140%	$3.4M	$2.8M	75x	as long as short
01 Exchange WLFIUSD	+0.0096%	1h	0.05724	−0.140%	$4K	$319	3x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05720	−0.203%	$79K	$29K	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05722	−0.181%	$242K	$9K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05727	−0.083%	$137.0M	$38.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05719	−0.227%	$20.5M	$16.8M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05727	−0.087%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05724	−0.140%	$13.9M	$20.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05724	−0.140%	$3.2M	$941K	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05722	−0.174%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDTshort	+0.0100%	4h	0.05724	−0.140%	—	$7.2M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05727	−0.087%	$238K	$32K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05724	−0.140%	$282K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	−0.209%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	−0.035%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05726	−0.105%	$133	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05718	−0.237%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0104%	1h	0.05735	+0.052%	$33K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05725	−0.122%	$3K	—	100x	as long as short
BloFin WLFI-USDTlong	+0.0340%	4h	0.05732	long leg	$4.7M	$68K	75x