Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against MEXC−0.001%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLFI_USDT	0.05722	0.0100	pay 0.0050% / 4h	14m 17s	$14.4M	$21.4M	100x
Short	gTrade (Gains Network) WLFI/USD	0.05722	L +0.0005% / S −0.0005%	get 0.0001% / 1h	14m 17s	$313	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.001%Rate

Funding earned: −$20.02
Price spread: −0.001% → 0.000%: −$0.05
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$30.07
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. 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 MEXC live order book, 4 min ago	0.87 bp	0.9 bp −$1	8.0 bp −$80	47.1 bp −$4,707	120.1 bp −$60.0K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Kraken Futures PF_WLFIUSD	−0.0436%	1h	0.05719	−0.055%	$73K	$55K	20x	as long as short
Aster WLFIUSDT	−0.0078%	4h	0.05726	+0.064%	$1.6M	$584K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05725	+0.061%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.650%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05720	−0.035%	$519	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USDshort	L +0.0005% / S −0.0005%	1h	0.05722	−0.001%	$313	—	150x
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.105%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0074%	8h	0.05725	+0.051%	$2K	$108	5x	as long as short
Lighter WLFI	+0.0088%	1h	0.05717	−0.087%	$963K	$392K	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05720	−0.035%	$79K	$26K	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	0.05720	−0.038%	$10.4M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05721	−0.016%	$245K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05723	+0.022%	$137.1M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05715	−0.122%	$20.7M	$17.7M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05719	−0.052%	$7.5M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05725	+0.054%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05719	−0.052%	$3.4M	$2.9M	75x	as long as short
MEXC WLFI_USDTlong	+0.0100%	4h	0.05722	long leg	$14.4M	$21.4M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05722	0.000%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05719	−0.052%	$7.9M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05721	−0.017%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05722	0.000%	$238K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05715	−0.128%	$443K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05719	−0.047%	$273K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	−0.035%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	+0.140%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05720	−0.035%	$104	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05715	−0.115%	$133K	$490K	10x	as long as short
01 Exchange WLFIUSD	+0.0104%	1h	0.05722	0.000%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05723	+0.021%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05726	+0.070%	$4.7M	$74K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	+0.262%	$32K	$16K	50x	as long as short