Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0801%/8h= −87.7% APRpaid last 24h −0.106%

Price spread now: Kraken Futures against Bitget+0.032%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.131%−$13 on $10k

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Kraken Futures is 0.032% dearer against Bitget than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.131% in total) that is about 41 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.131% in total (about -6.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLFIUSDT	0.05742	0.0100	pay 0.0050% / 4h	1h 03m	$7.9M	$3.1M	75x
Short	Kraken Futures PF_WLFIUSD	0.05744	−0.0701	pay 0.0088% / 1h	3m 36s	$73K	$67K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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 BitgetbpFee Kraken FuturesbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$168.28
Price spread: +0.032% → 0.000%: $3.18
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$187.1
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 10 min ago; Kraken Futures: 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 Bitget live order book, 10 min ago	2.62 bp	11.2 bp −$11	23.3 bp −$233	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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_WLFIUSDshort	−0.0701%	1h	0.05744	+0.032%	$73K	$67K	20x
Aster WLFIUSDT	−0.0221%	4h	0.05744	+0.035%	$1.6M	$580K	20x	as long as short
Lighter WLFI	−0.0176%	1h	0.05740	−0.035%	$959K	$383K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05740	−0.042%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.283%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05745	+0.052%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05741	−0.017%	$314	—	150x	as long as short
OKX WLFI-USDT-SWAP	+0.0022%	4h	0.05743	+0.017%	$7.5M	$12.6M	50x	as long as short
01 Exchange WLFIUSD	+0.0024%	1h	0.05738	−0.070%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0045%	8h	0.05748	+0.110%	$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
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	−0.453%	$6K	$77K	5.5x	as long as short
Gate WLFI_USDT	+0.0098%	4h	0.05743	+0.017%	$3.4M	$2.8M	75x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05742	−0.002%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05743	+0.024%	$244K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05747	+0.083%	$137.5M	$39.3M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05743	+0.017%	$21.0M	$17.3M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05750	+0.132%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05745	+0.052%	$14.8M	$21.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05745	+0.052%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDTlong	+0.0100%	4h	0.05742	long leg	$7.9M	$3.1M	75x
BingX WLFI-USDT	+0.0100%	4h	0.05744	+0.035%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05742	0.000%	$239K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05733	−0.162%	$443K	$30K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05744	+0.042%	$278K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	−0.035%	$33K	$42K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05734	−0.131%	$79K	$31K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	+0.139%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05744	+0.035%	$130	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05743	+0.024%	$133K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05740	−0.038%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05735	−0.122%	$4.7M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	−0.087%	$32K	$16K	50x	as long as short