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 −0.006%

Price spread now: OKX against KuCoin0.000%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

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

costs, in and out, $10k−$700.700% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 7 days−0.041%−$4 · spread now 0.000%, 7d avg −0.043%

Together, before fees−0.092%−$9 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: OKX is 0.043% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLFIUSDTM	0.05737	0.0100	pay 0.0050% / 4h	3h 45m	$3.3M	$1.1M	75x
Short	OKX WLFI-USDT-SWAP	0.05737	0.0100	get 0.0050% / 4h	3h 45m	$7.6M	$12.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.043%: $4.31
Slippage, 4 orders: −$48.05
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$65.74
Costs to cover: 0.700%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago	7.84 bp	20.8 bp −$21	93.4 bp −$934	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.87 bp	12.0 bp −$12	25.1 bp −$251	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
Lighter WLFI	−0.0168%	1h	0.05736	−0.017%	$981K	$391K	5x	as long as short
Kraken Futures PF_WLFIUSD	−0.0110%	1h	0.05740	+0.059%	$73K	$49K	20x	as long as short
Aster WLFIUSDT	−0.0024%	4h	0.05742	+0.087%	$1.6M	$586K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05735	−0.043%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.374%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05741	+0.070%	$521	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05736	−0.010%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.366%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0083%	8h	0.05746	+0.149%	$2K	$108	5x	as long as short
01 Exchange WLFIUSD	+0.0088%	1h	0.05742	+0.087%	$4K	$319	3x	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	0.05738	+0.010%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05740	+0.052%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05744	+0.122%	$137.5M	$39.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05738	+0.017%	$21.0M	$17.7M	75x	as long as short
OKX WLFI-USDT-SWAPshort	+0.0100%	4h	0.05737	0.000%	$7.6M	$12.7M	50x
Arcus WLFI-USD	+0.0100%	1h	0.05746	+0.153%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05739	+0.035%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05744	+0.122%	$14.4M	$21.4M	100x	as long as short
KuCoin WLFIUSDTMlong	+0.0100%	4h	0.05737	long leg	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05740	+0.052%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05740	+0.052%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05740	+0.052%	$239K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05737	−0.007%	$444K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05730	−0.122%	$277K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.122%	$33K	$42K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05739	+0.035%	$79K	$26K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	+0.227%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05739	+0.035%	$105	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05739	+0.032%	$133K	$595K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	0.000%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05735	−0.031%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05732	−0.087%	$4.7M	$77K	75x	as long as short