Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.299%

Price spread now: KuCoin against dYdX−0.010%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on KuCoin

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX WLFI-USD	0.05759	0	get 0.0000% / 1h	21m 38s	$11K	$970	5x
Short	KuCoin WLFIUSDTM	0.05758	0.0100	get 0.0050% / 4h	3h 21m	$3.3M	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against dYdX. 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 dYdXbpFee KuCoinbpOrdersPrice spread, now −0.010%Rate

Funding earned: $21
Price spread: −0.010% → 0.000%: −$1
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$2
Costs to cover: 0.220%
Break-even: 7.7 days

Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 6 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 dYdX no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 6 min ago	4.34 bp	25.0 bp −$25	98.0 bp −$980	doesn't fit	doesn't fit

dYdX: 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 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	0.05756	−0.039%	$73K	$49K	20x	as long as short
dYdX WLFI-USDlong	0.0000%	1h	0.05759	long leg	$11K	$970	5x
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.981%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05759	+0.007%	$523	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05759	+0.004%	$315	—	150x	as long as short
Lighter WLFI	+0.0008%	1h	0.05749	−0.166%	$991K	$398K	5x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.739%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0062%	4h	0.05756	−0.041%	$1.6M	$587K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0088%	8h	0.05753	−0.095%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05761	+0.040%	$80K	$25K	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	0.05754	−0.085%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05753	−0.097%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05756	−0.037%	$137.9M	$39.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05750	−0.149%	$21.1M	$17.6M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05750	−0.149%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05758	−0.015%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05756	−0.045%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05755	−0.062%	$14.3M	$21.4M	100x	as long as short
KuCoin WLFIUSDTMshort	+0.0100%	4h	0.05758	−0.010%	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05754	−0.080%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05750	−0.149%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05758	−0.010%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05752	−0.122%	$443K	$34K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05751	−0.132%	$278K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	+0.025%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05760	+0.025%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05758	−0.010%	$112	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05752	−0.111%	$133K	$583K	10x	as long as short
01 Exchange WLFIUSD	+0.0136%	1h	0.05758	−0.010%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	−0.375%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05755	−0.069%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05762	+0.059%	$4.8M	$78K	75x	as long as short