Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.010%

Price spread now: Paradex against MEXC−0.078%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.078% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLFI_USDT	0.05766	0.0100	pay 0.0050% / 4h	2h 16m	$13.7M	$20.7M	100x
Short	Paradex WLFI-USD-PERP	0.05761	0.0099	get 0.0099% / 8h	6h 16m	$2K	$118	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.078%Rate

Funding earned: −$0.23
Price spread: −0.078% → 0.000%: −$7.84
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$12.07
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, just now; Paradex: 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, just now	0.87 bp	0.9 bp −$1	4.3 bp −$43	39.8 bp −$3,981	110.1 bp −$55.1K
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 exchanges

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
01 Exchange WLFIUSD	−0.0960%	1h	0.05766	0.000%	$4K	$311	3x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0392%	1h	0.05732	−0.590%	$21K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05759	−0.124%	$9K	$6K	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.848%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05763	−0.045%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.867%	$6K	$77K	5.5x	as long as short
Kraken Futures PF_WLFIUSD	+0.0094%	1h	0.05768	+0.038%	$97K	$132K	20x	as long as short
Lighter WLFI	+0.0096%	1h	0.05759	−0.121%	$1.1M	$477K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0097%	1h	0.05767	+0.017%	$523	$11K	10x	as long as short
Paradex WLFI-USD-PERPshort	+0.0099%	8h	0.05761	−0.078%	$2K	$118	5x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05763	−0.055%	$83K	$25K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05763	−0.061%	$10.5M	$954K	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05761	−0.079%	$1.6M	$547K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05762	−0.071%	$246K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05767	+0.024%	$138.8M	$43.1M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05761	−0.087%	$21.2M	$19.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05764	−0.035%	$7.7M	$13.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05764	−0.035%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05764	−0.035%	$3.4M	$3.2M	75x	as long as short
MEXC WLFI_USDTlong	+0.0100%	4h	0.05766	long leg	$13.7M	$20.7M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05762	−0.069%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05764	−0.035%	$8.0M	$3.6M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05762	−0.069%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05763	−0.052%	$232K	$34K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05764	−0.029%	$450K	$33K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05760	−0.104%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	+0.069%	$33K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.069%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05765	−0.017%	$102	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05761	−0.078%	$172K	$1.0M	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0302% / S −0.1371%	1h	0.05762	−0.062%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05771	+0.087%	$4.9M	$100K	75x	as long as short