Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0484%/8h= +53.0% APRpaid last 24h −0.002%

Price spread now: MEXC against Coinbase International+1.483%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on MEXC

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

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and MEXC is 1.483% dearer against Coinbase International than usual: you sell high and buy low: +$148 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WLFI-PERP-INTX	0.05732	−0.0384	get 0.0048% / 1h	46m 32s	$21K	$15K	50x
Short	MEXC WLFI_USDT	0.05817	0.0100	get 0.0050% / 4h	1h 46m	$13.0M	$20.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Coinbase International. 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 Coinbase InternationalbpFee MEXCbpOrdersPrice spread, now +1.483%Rate

Funding earned: $101.64
Price spread: +1.483% → 0.000%: $148.29
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: $239.93
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; MEXC: live order book, 5 min ago. 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 Coinbase International no order-book sample	—	—	—	—	—
Sell MEXC live order book, 5 min ago	0.86 bp	0.9 bp −$1	2.1 bp −$21	34.2 bp −$3,421	109.1 bp −$54.5K

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 exchanges

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-INTXlong	−0.0384%	1h	0.05732	long leg	$21K	$15K	50x
dYdX WLFI-USD	−0.0303%	1h	0.05810	+1.353%	$6K	$11K	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.469%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05816	+1.465%	$528	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05812	+1.394%	$318	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.279%	$6K	$77K	5.5x	as long as short
01 Exchange WLFIUSD	+0.0088%	1h	0.05813	+1.413%	$4K	$335	3x	as long as short
Lighter WLFI	+0.0096%	1h	0.05810	+1.361%	$1.1M	$451K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05812	+1.391%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05813	+1.414%	$90K	$27K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05813	+1.404%	$10.6M	$924K	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05815	+1.452%	$1.6M	$542K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05814	+1.436%	$248K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05817	+1.474%	$140.1M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05815	+1.448%	$21.7M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05812	+1.396%	$7.7M	$13.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05816	+1.460%	$7K	$10K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05813	+1.413%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05817	+1.483%	$13.0M	$20.2M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05814	+1.431%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05813	+1.413%	$8.0M	$3.6M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05813	+1.413%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05814	+1.431%	$234K	$34K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05806	+1.291%	$453K	$33K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05809	+1.345%	$281K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05810	+1.361%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05820	+1.535%	$39K	$1.6M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05814	+1.431%	$101	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05811	+1.371%	$174K	$1.0M	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05813	+1.410%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05815	+1.448%	$4.9M	$96K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0485%	1h	0.05816	+1.460%	$97K	$130K	20x	as long as short