Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against KuCoin+0.069%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$770.769% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 7 days−0.081%−$8 · spread now +0.069%, 7d avg −0.042%

Together, before fees−0.185%−$19 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: Bitget is 0.112% dearer against KuCoin than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLFIUSDTM	0.05775	0.0100	pay 0.0050% / 4h	1h 16m	$3.3M	$1.2M	75x
Short	Bitget WLFIUSDT	0.05779	0.0100	get 0.0050% / 4h	1h 16m	$7.9M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → −0.042%: $11.16
Slippage, 4 orders: −$52.87
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$65.71
Costs to cover: 0.769%
Break-even: never at this rate

Slippage from KuCoin: live order book, 11 min ago; Bitget: 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 KuCoin live order book, 11 min ago	3.46 bp	26.2 bp −$26	92.4 bp −$924	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	1.73 bp	11.2 bp −$11	21.7 bp −$217	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
Coinbase International WLFI-PERP-INTX	−0.0312%	1h	0.05737	−0.658%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.688%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05770	−0.079%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.022%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0066%	1h	0.05772	−0.061%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05773	−0.035%	$1.0M	$464K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05771	−0.070%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05772	−0.043%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05772	−0.047%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05773	−0.039%	$1.6M	$535K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05773	−0.035%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05783	+0.139%	$139.6M	$42.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05773	−0.035%	$21.0M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05776	+0.017%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05775	+0.002%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05774	−0.017%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05777	+0.035%	$13.8M	$20.0M	100x	as long as short
KuCoin WLFIUSDTMlong	+0.0100%	4h	0.05775	long leg	$3.3M	$1.2M	75x
Bitget WLFIUSDTshort	+0.0100%	4h	0.05779	+0.069%	$7.9M	$3.5M	75x
BingX WLFI-USDC	+0.0100%	4h	0.05774	−0.017%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05774	−0.017%	$234K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05765	−0.165%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05775	−0.004%	$283K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.087%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.087%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05779	+0.069%	$90	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05774	−0.020%	$174K	$523K	10x	as long as short
01 Exchange WLFIUSD	+0.0288%	1h	0.05777	+0.035%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05773	−0.036%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0306%	1h	0.05781	+0.100%	$97K	$90K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05782	+0.121%	$4.8M	$84K	75x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0442%	1h	0.05783	+0.139%	$525	$11K	10x	as long as short