Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Gate−0.017%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$660.661% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 7 days+0.046%+$5 · spread now −0.017%, 7d avg +0.016%

Together, before fees+0.077%+$8 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: BingX is 0.033% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLFI_USDT	0.05799	0.0100	pay 0.0050% / 4h	1h 53m	$3.5M	$3.1M	75x
Short	BingX WLFI-USDT	0.05798	0.0100	get 0.0050% / 4h	1h 53m	—	$7.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → +0.016%: −$3.34
Slippage, 4 orders: −$41.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$69.48
Costs to cover: 0.661%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; BingX: live order book, 2 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 Gate live order book, 2 min ago	2.59 bp	21.2 bp −$21	44.5 bp −$445	76.7 bp −$7,667	doesn't fit
Sell BingX live order book, 2 min ago	6.03 bp	15.7 bp −$16	28.6 bp −$286	83.3 bp −$8,331	471.1 bp −$235.5K

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-INTX	−0.0384%	1h	0.05732	−1.155%	$21K	$15K	50x	as long as short
dYdX WLFI-USD	−0.0197%	1h	0.05799	−0.007%	$6K	$11K	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.251%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05796	−0.049%	$317	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.431%	$6K	$77K	5.5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0095%	1h	0.05799	0.000%	$526	$11K	10x	as long as short
Lighter WLFI	+0.0096%	1h	0.05792	−0.121%	$1.1M	$450K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05794	−0.086%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05797	−0.038%	$90K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05796	−0.057%	$10.6M	$922K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05795	−0.069%	$1.6M	$549K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05797	−0.034%	$248K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05802	+0.059%	$139.8M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05794	−0.086%	$21.6M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05797	−0.034%	$7.7M	$13.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05800	+0.019%	$7K	$10K	5x	as long as short
Gate WLFI_USDTlong	+0.0100%	4h	0.05799	long leg	$3.5M	$3.1M	75x
MEXC WLFI_USDT	+0.0100%	4h	0.05800	+0.017%	$12.8M	$20.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05798	−0.017%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05795	−0.069%	$8.0M	$3.6M	75x	as long as short
BingX WLFI-USDTshort	+0.0100%	4h	0.05798	−0.017%	—	$7.5M	—
Variational Omni WLFI	+0.0100%	4h	0.05812	+0.224%	$453K	$33K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05812	+0.227%	$281K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05800	+0.017%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05810	+0.190%	$38K	$1.6M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05798	−0.017%	$96	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05796	−0.050%	$175K	$1.0M	10x	as long as short
Backpack WLFI_USDC_PERP	+0.0114%	1h	0.05797	−0.034%	$233K	$34K	10x	as long as short
01 Exchange WLFIUSD	+0.0152%	1h	0.05797	−0.034%	$4K	$335	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05795	−0.072%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05815	+0.276%	$4.9M	$96K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0487%	1h	0.05801	+0.043%	$96K	$130K	20x	as long as short