Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against MEXC−0.071%7-day average −0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$370.374% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.071%, 7d avg −0.108%

Together, before fees−0.063%+ Points / potential airdropExtended: Active · farm board−$6 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: Extended is 0.036% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLFI_USDT	0.05788	0.0100	pay 0.0050% / 4h	58m 15s	$13.7M	$19.8M	100x
Short	Extended WLFI-USD	0.05784	0.0104	get 0.0013% / 1h	58m 15s	$174K	$519K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.071%Rate

Funding earned: $0.84
Price spread: −0.071% → −0.108%: $3.63
Slippage, 4 orders: −$32.38
Fee MEXC: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$32.9
Costs to cover: 0.374%
Break-even: 281.2 days

Slippage from MEXC: live order book, 5 min ago; Extended: live order book, 45 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	0.86 bp	0.9 bp −$1	5.7 bp −$57	45.4 bp −$4,535	106.7 bp −$53.3K
Sell Extended live order book, 45 min ago	2.61 bp	17.8 bp −$18	98.3 bp −$983	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	−0.0328%	1h	0.05737	−0.881%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05780	−0.131%	$11K	$943	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.452%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05783	−0.078%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.244%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05779	−0.155%	$1.0M	$466K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05783	−0.090%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05785	−0.043%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05784	−0.062%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05782	−0.101%	$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	0.05781	−0.112%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05789	+0.018%	$139.8M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05781	−0.121%	$21.1M	$19.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05785	−0.052%	$7.8M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05787	−0.024%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05784	−0.069%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDTlong	+0.0100%	4h	0.05788	long leg	$13.7M	$19.8M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05782	−0.104%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05782	−0.104%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05784	−0.069%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05785	−0.052%	$235K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05778	−0.164%	$451K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05788	+0.004%	$284K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.138%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.035%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05786	−0.035%	$84	$5K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05784	−0.071%	$174K	$519K	10x
BloFin WLFI-USDT	+0.0133%	4h	0.05782	−0.104%	$4.8M	$91K	75x	as long as short
01 Exchange WLFIUSD	+0.0264%	1h	0.05789	+0.017%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05784	−0.073%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0406%	1h	0.05790	+0.038%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0614%	1h	0.05791	+0.052%	$526	$11K	10x	as long as short