Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.028%

Price spread now: BingX against gTrade (Gains Network)−0.018%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 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	gTrade (Gains Network) WLFI/USD	0.05745	L +0.0005% / S −0.0005%	pay 0.0001% / 1h	39m 08s	$314	—	150x
Short	BingX WLFI-USDC	0.05744	0.0100	get 0.0050% / 4h	39m 08s	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BingXbpOrdersPrice spread, now −0.018%Rate

Funding earned: $19.91
Price spread: −0.018% → 0.000%: −$1.78
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$1.87
Costs to cover: 0.200%
Break-even: 7.7 days

Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 9 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell BingX live order book, 9 min ago	1.74 bp	16.1 bp −$16	70.9 bp −$709	491.2 bp −$49.1K	1036.5 bp −$518.2K

gTrade (Gains Network): 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	−0.0434%	1h	0.05744	−0.009%	$73K	$59K	20x	as long as short
Aster WLFIUSDT	−0.0125%	4h	0.05746	+0.021%	$1.6M	$581K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05747	+0.035%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.227%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USDlong	L +0.0005% / S −0.0005%	1h	0.05745	long leg	$314	—	150x
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.505%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0067%	8h	0.05745	−0.001%	$2K	$108	5x	as long as short
Lighter WLFI	+0.0080%	1h	0.05739	−0.105%	$963K	$387K	5x	as long as short
OKX WLFI-USDT-SWAP	+0.0082%	4h	0.05739	−0.105%	$7.5M	$12.7M	50x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0098%	1h	0.05747	+0.034%	$522	$11K	10x	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	0.05741	−0.070%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05743	−0.039%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05746	+0.025%	$137.6M	$39.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05738	−0.122%	$21.0M	$17.4M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05749	+0.076%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05742	−0.053%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05746	+0.017%	$15.2M	$21.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05747	+0.034%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05743	−0.035%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDCshort	+0.0100%	4h	0.05744	−0.018%	—	$2.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05744	−0.018%	$239K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05742	−0.056%	$445K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05750	+0.087%	$275K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	+0.087%	$33K	$42K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05740	−0.079%	$79K	$27K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	+0.087%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05746	+0.017%	$114	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05740	−0.079%	$133K	$490K	10x	as long as short
01 Exchange WLFIUSD	+0.0136%	1h	0.05746	+0.017%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05744	−0.023%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05744	−0.018%	$4.7M	$72K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	−0.140%	$32K	$16K	50x	as long as short