Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Binance−0.066%7-day average −0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$570.571% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.056%−$6 · spread now −0.066%, 7d avg −0.106%

Together, before fees−0.056%−$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: BingX is 0.040% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.106%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLFIUSDT	0.05679	0.0100	pay 0.0050% / 4h	3h 29m	$137.2M	$44.3M	75x
Short	BingX WLFI-USDC	0.05675	0.0100	get 0.0050% / 4h	3h 29m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now −0.066%Rate

Funding earned: $0
Price spread: −0.066% → −0.106%: $4
Slippage, 4 orders: −$37.1
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$53.1
Costs to cover: 0.571%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; BingX: 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 Binance live order book, 13 min ago	0.86 bp	10.8 bp −$11	23.9 bp −$239	107.8 bp −$10.8K	doesn't fit
Sell BingX live order book, 3 min ago	3.50 bp	16.9 bp −$17	72.9 bp −$729	476.3 bp −$47.6K	931.6 bp −$465.8K

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	−0.0536%	1h	0.05732	+0.937%	$21K	$27K	50x	as long as short
01 Exchange WLFIUSD	−0.0184%	1h	0.05680	+0.022%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+6.460%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05669	−0.178%	$310	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	+0.656%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05672	−0.119%	$1.0M	$470K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05672	−0.114%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05679	+0.004%	$81K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05674	−0.089%	$10.4M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05673	−0.109%	$1.6M	$553K	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	0.05674	−0.075%	$242K	$14K	5x	as long as short
Binance WLFIUSDTlong	+0.0100%	4h	0.05679	long leg	$137.2M	$44.3M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05673	−0.101%	$20.8M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05673	−0.101%	$7.5M	$13.9M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05676	−0.056%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05674	−0.084%	$3.4M	$3.2M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05677	−0.031%	$13.3M	$20.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05676	−0.049%	$3.2M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05673	−0.101%	$7.9M	$3.7M	75x	as long as short
BingX WLFI-USDCshort	+0.0100%	4h	0.05675	−0.066%	—	$2.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05673	−0.101%	$227K	$33K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05706	+0.472%	$446K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05770	+1.607%	$285K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	+0.902%	$33K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05680	+0.022%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05675	−0.066%	$101	$5K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0102%	1h	0.05680	+0.022%	$516	$11K	10x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05673	−0.101%	$174K	$1.0M	10x	as long as short
dYdX WLFI-USD	+0.0112%	1h	0.05669	−0.170%	$11K	$943	5x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0302% / S −0.1371%	1h	0.05668	−0.198%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05716	+0.656%	$4.8M	$103K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.2387%	1h	0.05678	−0.013%	$96K	$91K	20x	as long as short