Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Bitget against Binance−0.076%7-day average −0.100% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$470.475% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.113%−$11 on $10k

Price spread, last 7 days−0.014%−$1 · spread now −0.076%, 7d avg −0.100%

Together, before fees−0.127%−$13 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: Bitget is 0.024% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.100%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLFIUSDT	0.05721	0.0100	pay 0.0050% / 4h	2h 12m	$136.8M	$38.6M	75x
Short	Bitget WLFIUSDT	0.05717	0.0100	get 0.0050% / 4h	2h 12m	$8.0M	$3.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.076%Rate

Funding earned: $0
Price spread: −0.076% → −0.100%: $2.35
Slippage, 4 orders: −$25.49
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$45.13
Costs to cover: 0.475%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; Bitget: live order book, 6 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, 1 min ago	0.87 bp	10.6 bp −$11	22.3 bp −$223	95.4 bp −$9,541	doesn't fit
Sell Bitget live order book, 6 min ago	2.62 bp	12.2 bp −$12	21.5 bp −$215	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
Kraken Futures PF_WLFIUSD	−0.0590%	1h	0.05722	+0.009%	$73K	$88K	20x	as long as short
Aster WLFIUSDT	−0.0221%	4h	0.05724	+0.046%	$1.6M	$567K	20x	as long as short
Lighter WLFI	−0.0152%	1h	0.05716	−0.094%	$942K	$370K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	−0.0099%	1h	0.05724	+0.046%	$10K	$624	10x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	+0.011%	$6K	$64K	5.5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05719	−0.043%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.665%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05721	−0.015%	$313	—	150x	as long as short
OKX WLFI-USDT-SWAP	+0.0015%	4h	0.05719	−0.041%	$7.5M	$12.4M	50x	as long as short
Paradex WLFI-USD-PERP	+0.0052%	8h	0.05720	−0.020%	$2K	$108	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange WLFIUSD	+0.0080%	1h	0.05721	−0.006%	$4K	$319	3x	as long as short
Hyperliquid WLFI	+0.0096%	1h	0.05717	−0.076%	$10.5M	$1.2M	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05715	−0.103%	$79K	$27K	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05717	−0.076%	$243K	$10K	5x	as long as short
Binance WLFIUSDTlong	+0.0100%	4h	0.05721	long leg	$136.8M	$38.6M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05715	−0.111%	$20.5M	$17.0M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05723	+0.027%	$1K	$10	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05719	−0.041%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05720	−0.024%	$14.9M	$21.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05724	+0.046%	$3.3M	$966K	75x	as long as short
Bitget WLFIUSDTshort	+0.0100%	4h	0.05717	−0.076%	$8.0M	$3.0M	75x
BingX WLFI-USDT	+0.0100%	4h	0.05719	−0.041%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05721	−0.006%	$238K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05722	+0.015%	$443K	$30K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05727	+0.092%	$274K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	−0.024%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	−0.024%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05721	−0.006%	$117	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05717	−0.077%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05737	+0.273%	$32K	$16K	50x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05722	+0.011%	$4.7M	$74K	75x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0383% / S −0.2839%	1h	0.05724	+0.039%	$14K	—	100x	as long as short