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 0.000%

Price spread now: Bybit against BingX−0.035%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$540.543% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.109%−$11 on $10k

Price spread, last 7 days+0.003%$0 · spread now −0.035%, 7d avg −0.028%

Together, before fees−0.106%−$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLFI-USDT	0.05722	0.0100	pay 0.0050% / 4h	1h 19m	—	$7.2M	—
Short	Bybit WLFIUSDT	0.05720	0.0100	get 0.0050% / 4h	1h 19m	$20.6M	$17.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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 BingXbpFee BybitbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → −0.028%: −$0.68
Slippage, 4 orders: −$33.35
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$55.03
Costs to cover: 0.543%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 4 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 BingX live order book, 8 min ago	6.13 bp	15.8 bp −$16	24.8 bp −$248	65.2 bp −$6,525	254.9 bp −$127.5K
Sell Bybit live order book, 4 min ago	0.87 bp	11.2 bp −$11	41.8 bp −$418	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	−0.0704%	1h	0.05723	+0.023%	$73K	$70K	20x	as long as short
Aster WLFIUSDT	−0.0290%	4h	0.05724	+0.042%	$1.6M	$576K	20x	as long as short
Lighter WLFI	−0.0248%	1h	0.05719	−0.052%	$951K	$378K	5x	as long as short
OKX WLFI-USDT-SWAP	−0.0009%	4h	0.05722	0.000%	$7.5M	$12.5M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05720	−0.042%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.652%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05724	+0.035%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05722	−0.001%	$313	—	150x	as long as short
01 Exchange WLFIUSD	+0.0008%	1h	0.05724	+0.035%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0024%	8h	0.05726	+0.067%	$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
Gate WLFI_USDT	+0.0072%	4h	0.05722	0.000%	$3.4M	$2.8M	75x	as long as short
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	−0.105%	$6K	$77K	5.5x	as long as short
Variational Omni WLFI	+0.0088%	4h	0.05716	−0.109%	$442K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05720	−0.029%	$79K	$31K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05722	0.000%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05724	+0.031%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05727	+0.087%	$137.1M	$38.9M	75x	as long as short
Bybit WLFIUSDTshort	+0.0100%	4h	0.05720	−0.035%	$20.6M	$17.1M	75x
Arcus WLFI-USD	+0.0100%	1h	0.05728	+0.110%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05726	+0.070%	$14.8M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05725	+0.052%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05722	0.000%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDTlong	+0.0100%	4h	0.05722	long leg	—	$7.2M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05723	+0.017%	$238K	$29K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05719	−0.057%	$277K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05710	−0.210%	$33K	$41K	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	0.05724	+0.035%	$126	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05722	−0.002%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05724	+0.035%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05725	+0.052%	$4.7M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.262%	$32K	$16K	50x	as long as short