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: KuCoin against Bitget+0.018%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$660.661% of the position

Long on Bitget Short on KuCoin

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−0.003%$0 · spread now +0.018%, 7d avg +0.041%

Together, before fees+0.111%+$11 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: KuCoin is 0.023% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WLFIUSDT	0.05713	0.0100	pay 0.0050% / 4h	1h 47m	$8.0M	$3.1M	75x
Short	KuCoin WLFIUSDTM	0.05714	0.0100	get 0.0050% / 4h	1h 47m	$3.3M	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.018%Rate

Funding earned: $0
Price spread: +0.018% → +0.041%: −$2.31
Slippage, 4 orders: −$42.12
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$68.43
Costs to cover: 0.661%
Break-even: never at this rate

Slippage from Bitget: live order book, 6 min ago; KuCoin: live order book, 5 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 Bitget live order book, 6 min ago	2.63 bp	11.4 bp −$11	26.6 bp −$266	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	5.25 bp	20.3 bp −$20	89.7 bp −$897	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	−0.0705%	1h	0.05712	−0.018%	$73K	$70K	20x	as long as short
Lighter WLFI	−0.0312%	1h	0.05706	−0.123%	$943K	$372K	5x	as long as short
Aster WLFIUSDT	−0.0287%	4h	0.05712	−0.018%	$1.6M	$569K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	−0.0100%	1h	0.05714	+0.018%	$10K	$624	10x	as long as short
Hyperliquid WLFI	−0.0009%	1h	0.05708	−0.086%	$10.5M	$1.2M	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05713	+0.006%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.820%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05714	+0.023%	$312	—	150x	as long as short
Paradex WLFI-USD-PERP	+0.0014%	8h	0.05713	−0.004%	$2K	$108	5x	as long as short
01 Exchange WLFIUSD	+0.0016%	1h	0.05713	0.000%	$4K	$319	3x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLFI-USDT-SWAP	+0.0023%	4h	0.05711	−0.035%	$7.5M	$12.4M	50x	as long as short
ApeX Omni WLFIUSDT	+0.0033%	1h	0.05710	−0.053%	$33K	$41K	50x	as long as short
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	+0.053%	$6K	$77K	5.5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05708	−0.079%	$79K	$31K	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05711	−0.039%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05718	+0.082%	$136.8M	$38.6M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05713	0.000%	$20.5M	$17.0M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05716	+0.054%	$1K	$10	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05710	−0.053%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05712	−0.018%	$14.8M	$21.1M	100x	as long as short
KuCoin WLFIUSDTMshort	+0.0100%	4h	0.05714	+0.018%	$3.3M	$1.1M	75x
Bitget WLFIUSDTlong	+0.0100%	4h	0.05713	long leg	$8.0M	$3.1M	75x
BingX WLFI-USDC	+0.0100%	4h	0.05711	−0.035%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05714	+0.018%	$238K	$30K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05708	−0.087%	$441K	$30K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05710	−0.051%	$276K	$2.0M	10x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.123%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05713	0.000%	$125	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05708	−0.085%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05714	+0.019%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05718	+0.088%	$4.7M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.420%	$32K	$16K	50x	as long as short