WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.037%

Price spread now: BloFin against MEXC+0.035%94s7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.304% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$10 on $10k

Price spread, last 4 days (all we have)+0.108%+$11 · spread now +0.035%, 7d avg +0.003%

Together, before fees+0.203%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.032% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.003%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.095% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLFI_USDT	0.05789	0.0100	pay 0.0050% / 4h	3h 43m	$13.8M	$20.1M	100x
Short	BloFin WLFI-USDT	0.05791	0.0340	get 0.0170% / 4h	3h 43m	$4.8M	$88K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.035%Rate

Funding earned: $50.4
Price spread: +0.035% → +0.003%: $3.16
Slippage, 4 orders: −$18.43
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $23.13
Costs to cover: 0.304%
Break-even: 3.8 days

Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 5 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 MEXC live order book, 5 min ago	0.87 bp	0.9 bp −$1	6.7 bp −$67	40.3 bp −$4,025	92.0 bp −$46.0K
Sell BloFin live order book, 5 min ago	2.60 bp	16.3 bp −$16	27.3 bp −$273	72.4 bp −$7,245	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
dYdX WLFI-USD	0.0000%	1h	0.05783	−0.096%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.434%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05785	−0.077%	$316	—	150x	as long as short
Aster WLFIUSDT	+0.0021%	4h	0.05783	−0.104%	$1.6M	$577K	20x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.261%	$6K	$77K	5.5x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0048%	1h	0.05737	−0.898%	$32K	$15K	50x	as long as short
Paradex WLFI-USD-PERP	+0.0093%	8h	0.05782	−0.119%	$2K	$118	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05780	−0.155%	$1.0M	$447K	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05783	−0.112%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05784	−0.093%	$10.6M	$1.3M	5x	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	0.05783	−0.104%	$248K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05790	+0.017%	$139.5M	$41.3M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05782	−0.121%	$21.1M	$18.8M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05784	−0.086%	$7.7M	$13.0M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05786	−0.048%	$8K	$7K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05785	−0.069%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDTlong	+0.0100%	4h	0.05789	long leg	$13.8M	$20.1M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05787	−0.035%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05783	−0.104%	$7.9M	$3.4M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05783	−0.104%	—	$7.3M	—	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05772	−0.285%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05784	−0.081%	$283K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05790	+0.017%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.017%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05785	−0.069%	$93	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05782	−0.114%	$133K	$482K	10x	as long as short
Backpack WLFI_USDC_PERP	+0.0109%	1h	0.05786	−0.052%	$241K	$26K	10x	as long as short
01 Exchange WLFIUSD	+0.0168%	1h	0.05789	0.000%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05784	−0.085%	$3K	—	100x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0268%	1h	0.05790	+0.017%	$526	$11K	10x	as long as short
Kraken Futures PF_WLFIUSD	+0.0339%	1h	0.05788	−0.024%	$100K	$87K	20x	as long as short
BloFin WLFI-USDTshort	+0.0340%	4h	0.05791	+0.035%	$4.8M	$88K	75x