Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.019%

Price spread now: BingX against Injective+1.645%7-day average — · you sell dearer than you buy

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

Long on Injective Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$4 on $10k

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 +$2 a day on $10k at the current rate, and BingX is 1.645% dearer against Injective than usual: you sell high and buy low: +$164 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	Injective WLFI/USDC PERP	0.05716	0.0033	pay 0.0004% / 1h	21m 17s	$6K	$77K	5.5x
Short	BingX WLFI-USDT	0.05810	0.0100	get 0.0050% / 4h	3h 21m	—	$7.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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 InjectivebpFee BingXbpOrdersPrice spread, now +1.645%Rate

Funding earned: $14
Price spread: +1.645% → 0.000%: $164.45
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee BingX: 5 bp × 2 orders: −$10
Net: $168.43
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; BingX: live order book, 16 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 Injective no order-book sample	—	—	—	—	—
Sell BingX live order book, 16 min ago	6.04 bp	14.7 bp −$15	29.0 bp −$290	84.8 bp −$8,476	520.4 bp −$260.2K

Injective: 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
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.766%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05812	+1.679%	$527	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05810	+1.640%	$318	—	150x	as long as short
dYdX WLFI-USD	+0.0014%	1h	0.05809	+1.635%	$11K	$970	5x	as long as short
Injective WLFI/USDC PERPlong	+0.0033%	1h	0.05716	long leg	$6K	$77K	5.5x
Coinbase International WLFI-PERP-INTX	+0.0048%	1h	0.05737	+0.367%	$32K	$15K	50x	as long as short
Lighter WLFI	+0.0064%	1h	0.05803	+1.522%	$1.0M	$450K	5x	as long as short
Aster WLFIUSDT	+0.0076%	4h	0.05810	+1.645%	$1.6M	$579K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0097%	8h	0.05811	+1.665%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05808	+1.601%	$82K	$24K	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	0.05807	+1.587%	$10.6M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05810	+1.652%	$249K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05812	+1.679%	$140.1M	$41.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05808	+1.610%	$21.1M	$19.1M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05808	+1.610%	$7.7M	$13.4M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05810	+1.652%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05810	+1.645%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05805	+1.557%	$13.5M	$20.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05808	+1.610%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05809	+1.627%	$8.0M	$3.5M	75x	as long as short
BingX WLFI-USDTshort	+0.0100%	4h	0.05810	+1.645%	—	$7.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05804	+1.540%	$241K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05801	+1.495%	$453K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05800	+1.470%	$282K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05800	+1.470%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05820	+1.819%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05811	+1.662%	$104	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05806	+1.582%	$136K	$480K	10x	as long as short
01 Exchange WLFIUSD	+0.0152%	1h	0.05814	+1.714%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0298% / S −0.1279%	1h	0.05806	+1.576%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0337%	1h	0.05814	+1.718%	$97K	$91K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05808	+1.610%	$4.8M	$88K	75x	as long as short