Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.037%
Price spread now: Bitget against BloFin−0.277%45s7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.496% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.277%, 7d avg −0.077%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.200% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.077%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin WLFI-USDT | 0.05781 | 0.0340 | pay 0.0170% / 4h | 2h 28m | $4.8M | $87K | 75x |
| Short | Bitget WLFIUSDT | 0.05765 | 0.0100 | get 0.0050% / 4h | 2h 28m | $7.9M | $3.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: −0.277% → −0.077%
- −$19.97
- Slippage, 4 orders
- −$25.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$119.95
- Costs to cover
- 0.496%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Bitget: 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 BloFin live order book, 5 min ago | 0.87 bp | 16.1 bp −$16 | 26.8 bp −$268 | 74.7 bp −$7,474 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.60 bp | 13.8 bp −$14 | 25.9 bp −$259 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International WLFI-PERP-INTX | −0.0144% | 1h | 0.05737 | −0.761% | $32K | $15K | 50x | as long as short |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06046 | +4.580% | — | — | — | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05774 | −0.128% | $316 | — | 150x | as long as short |
| Injective WLFI/USDC PERP | +0.0033% | 1h | 0.05716 | −1.124% | $6K | $77K | 5.5x | as long as short |
| dYdX WLFI-USD | +0.0036% | 1h | 0.05769 | −0.214% | $11K | $943 | 5x | as long as short |
| Lighter WLFI | +0.0096% | 1h | 0.05763 | −0.311% | $1.0M | $456K | 5x | as long as short |
| Paradex WLFI-USD-PERP | +0.0099% | 8h | 0.05764 | −0.293% | $2K | $118 | 5x | as long as short |
| Hyperliquid WLFI | +0.0100% | 1h | 0.05768 | −0.228% | $10.5M | $1.3M | 5x | as long as short |
| Aster WLFIUSDT | +0.0100% | 4h | 0.05767 | −0.242% | $1.6M | $587K | 20x | as long as short |
| Pacifica WLFI | +0.0100% | 1h | 0.05770 | −0.192% | $246K | $14K | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WLFIUSDT | +0.0100% | 4h | 0.05770 | −0.197% | $139.2M | $42.8M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05764 | −0.294% | $21.1M | $19.4M | 75x | as long as short |
| OKX WLFI-USDT-SWAP | +0.0100% | 4h | 0.05768 | −0.225% | $7.7M | $13.5M | 50x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05770 | −0.197% | $7K | $8K | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05768 | −0.225% | $3.5M | $3.1M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05769 | −0.208% | $13.8M | $20.4M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05771 | −0.173% | $3.3M | $1.2M | 75x | as long as short |
| Bitget WLFIUSDTshort | +0.0100% | 4h | 0.05765 | −0.277% | $7.9M | $3.5M | 75x | |
| BingX WLFI-USDC | +0.0100% | 4h | 0.05770 | −0.190% | — | $2.3M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05775 | −0.104% | $240K | $26K | 10x | as long as short |
| Variational Omni WLFI | +0.0100% | 4h | 0.05769 | −0.214% | $450K | $40K | — | as long as short |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05778 | −0.044% | $274K | $1.8M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05770 | −0.190% | $33K | $38K | 50x | as long as short |
| Nado WLFI-PERP | +0.0100% | 1h | 0.05768 | −0.216% | $82K | $23K | 5x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05780 | −0.017% | $38K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05775 | −0.104% | $88 | $5K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05766 | −0.261% | $144K | $706K | 10x | as long as short |
| 01 Exchange WLFIUSD | +0.0184% | 1h | 0.05773 | −0.138% | $4K | $319 | 3x | as long as short |
| Deribit WLFI_USDC-PERPETUAL | +0.0269% | 1h | 0.05778 | −0.052% | $524 | $11K | 10x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0303% / S −0.1371% | 1h | 0.05774 | −0.121% | $7K | — | 100x | as long as short |
| BloFin WLFI-USDTlong | +0.0340% | 4h | 0.05781 | long leg | $4.8M | $87K | 75x | |
| Kraken Futures PF_WLFIUSD | +0.0380% | 1h | 0.05777 | −0.076% | $97K | $90K | 20x | as long as short |
BloFin WLFI-USDT
Bitget WLFIUSDT
Coinbase International WLFI-PERP-INTX
gTrade (Gains Network) WLFI/USD
Injective WLFI/USDC PERP
Lighter WLFI
Paradex WLFI-USD-PERP
Hyperliquid WLFI
Aster WLFIUSDT
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
OKX WLFI-USDT-SWAP
Gate WLFI_USDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
BingX WLFI-USDC
Backpack WLFI_USDC_PERP
Variational Omni WLFI
GRVT WLFI_USDT_Perp
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
01 Exchange WLFIUSD
Deribit WLFI_USDC-PERPETUAL
GMX WLFI/USD [ETH-USDC]
Kraken Futures PF_WLFIUSD