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: Binance against Bybit+0.156%7-day average +0.088% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

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

Long on Bybit Short on Binance

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−0.051%−$5 · spread now +0.156%, 7d avg +0.088%

Together, before fees+0.039%+$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: Binance is 0.068% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLFIUSDT	0.05769	0.0100	pay 0.0050% / 4h	11m 57s	$21.1M	$19.3M	75x
Short	Binance WLFIUSDT	0.05778	0.0100	get 0.0050% / 4h	11m 57s	$139.5M	$42.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.156%Rate

Funding earned: $0
Price spread: +0.156% → +0.088%: $6.85
Slippage, 4 orders: −$23.81
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$37.97
Costs to cover: 0.448%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 1 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 Bybit live order book, 2 min ago	0.87 bp	12.6 bp −$13	34.7 bp −$347	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	0.87 bp	11.1 bp −$11	21.9 bp −$219	108.9 bp −$10.9K	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	−0.641%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.796%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05771	+0.033%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.919%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0069%	1h	0.05765	−0.078%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05771	+0.035%	$1.0M	$467K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05766	−0.047%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05768	−0.021%	$81K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05772	+0.054%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05777	+0.137%	$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	0.05768	−0.014%	$246K	$14K	5x	as long as short
Binance WLFIUSDTshort	+0.0100%	4h	0.05778	+0.156%	$139.5M	$42.9M	75x
Bybit WLFIUSDTlong	+0.0100%	4h	0.05769	long leg	$21.1M	$19.3M	75x
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05772	+0.052%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05770	+0.010%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05773	+0.069%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05772	+0.052%	$13.5M	$20.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05774	+0.087%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05769	0.000%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05773	+0.069%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05775	+0.104%	$234K	$30K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05758	−0.197%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05764	−0.090%	$284K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.156%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.191%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05773	+0.069%	$93	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05769	+0.002%	$174K	$1.0M	10x	as long as short
BloFin WLFI-USDT	+0.0112%	4h	0.05773	+0.069%	$4.8M	$91K	75x	as long as short
01 Exchange WLFIUSD	+0.0248%	1h	0.05772	+0.052%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05772	+0.049%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0406%	1h	0.05788	+0.334%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0616%	1h	0.05778	+0.156%	$524	$11K	10x	as long as short