Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Gate−0.191%7-day average −0.012% · 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−$74as in the Price arb table

costs, in and out, $10k−$560.563% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 7 days+0.197%+$20 · spread now −0.191%, 7d avg −0.012%

Together, before fees+0.128%+$13 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: Bybit is 0.179% cheaper against Gate than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLFI_USDT	0.05753	0.0100	pay 0.0050% / 4h	2h 46m	$3.5M	$2.8M	75x
Short	Bybit WLFIUSDT	0.05742	0.0100	get 0.0050% / 4h	2h 46m	$21.0M	$17.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.191%Rate

Funding earned: $0
Price spread: −0.191% → −0.012%: −$17.95
Slippage, 4 orders: −$30.31
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$74.26
Costs to cover: 0.563%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Bybit: 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, 1 min ago	2.60 bp	19.3 bp −$19	38.9 bp −$389	73.9 bp −$7,394	doesn't fit
Sell Bybit live order book, 2 min ago	0.87 bp	10.1 bp −$10	30.1 bp −$301	doesn't fit	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
Kraken Futures PF_WLFIUSD	−0.0330%	1h	0.05750	−0.047%	$73K	$48K	20x	as long as short
Lighter WLFI	−0.0176%	1h	0.05745	−0.139%	$996K	$405K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0032%	1h	0.05737	−0.278%	$32K	$16K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05759	+0.107%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.087%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05755	+0.035%	$522	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05754	+0.010%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.643%	$6K	$77K	5.5x	as long as short
01 Exchange WLFIUSD	+0.0040%	1h	0.05759	+0.104%	$4K	$319	3x	as long as short
Aster WLFIUSDT	+0.0053%	4h	0.05754	+0.020%	$1.6M	$590K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex WLFI-USD-PERP	+0.0076%	8h	0.05754	+0.009%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05754	+0.017%	$80K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05748	−0.085%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05756	+0.052%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05748	−0.081%	$137.7M	$39.8M	75x	as long as short
Bybit WLFIUSDTshort	+0.0100%	4h	0.05742	−0.191%	$21.0M	$17.5M	75x
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05746	−0.122%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05762	+0.160%	$1K	$753	5x	as long as short
Gate WLFI_USDTlong	+0.0100%	4h	0.05753	long leg	$3.5M	$2.8M	75x
MEXC WLFI_USDT	+0.0100%	4h	0.05751	−0.035%	$14.9M	$21.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05758	+0.087%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05748	−0.087%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05750	−0.052%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05751	−0.035%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05749	−0.076%	$445K	$37K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05760	+0.126%	$278K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	+0.122%	$33K	$43K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05760	+0.122%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05751	−0.035%	$123	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05745	−0.147%	$133K	$489K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05754	+0.009%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05764	+0.191%	$4.8M	$79K	75x	as long as short