WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.023%

Price spread now: MEXC against BloFin−0.087%64s7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as 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−$370.370% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.086%−$9 on $10k

Price spread, last 3 days (all we have)+0.002%$0 · spread now −0.087%, 7d avg −0.006%

Together, before fees−0.084%−$8 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 MEXC is 0.081% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.006%). Swap the legs. The two prices were read 64 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 -0.086% in total (about -4.5% 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	0.05735	0.0340	pay 0.0170% / 4h	2h 58m	$4.7M	$77K	75x
Short	MEXC WLFI_USDT	0.05730	0.0100	get 0.0050% / 4h	2h 58m	$15.1M	$21.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.087%Rate

Funding earned: −$50.4
Price spread: −0.087% → −0.006%: −$8.14
Slippage, 4 orders: −$25.02
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$95.56
Costs to cover: 0.370%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago	1.74 bp	16.9 bp −$17	29.8 bp −$298	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.74 bp	1.7 bp −$2	8.2 bp −$82	44.3 bp −$4,428	121.6 bp −$60.8K

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	−0.0331%	1h	0.05730	−0.086%	$73K	$48K	20x	as long as short
Lighter WLFI	−0.0200%	1h	0.05726	−0.157%	$990K	$401K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0032%	1h	0.05737	+0.035%	$32K	$16K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05725	−0.166%	$11K	$970	5x	as long as short
01 Exchange WLFIUSD	0.0000%	1h	0.05731	−0.070%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.416%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05729	−0.105%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05729	−0.106%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.331%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0054%	4h	0.05730	−0.088%	$1.6M	$588K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack WLFI_USDC_PERP	+0.0075%	1h	0.05735	0.000%	$239K	$27K	10x	as long as short
Paradex WLFI-USD-PERP	+0.0081%	8h	0.05721	−0.240%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05729	−0.105%	$79K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05731	−0.077%	$10.4M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05720	−0.260%	$245K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05733	−0.035%	$137.3M	$39.6M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05726	−0.157%	$20.9M	$17.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05727	−0.139%	$7.6M	$12.6M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05729	−0.110%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05727	−0.139%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05730	−0.087%	$15.1M	$21.7M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05732	−0.052%	$3.2M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05724	−0.192%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05725	−0.174%	—	$7.3M	—	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05735	+0.009%	$445K	$37K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05748	+0.234%	$277K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	+0.436%	$33K	$40K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	−0.087%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05729	−0.105%	$117	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05724	−0.191%	$133K	$489K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05727	−0.145%	$3K	—	100x	as long as short
BloFin WLFI-USDTlong	+0.0340%	4h	0.05735	long leg	$4.7M	$77K	75x