Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Bybit−0.052%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$420.417% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days+0.032%+$3 · spread now −0.052%, 7d avg −0.012%

Together, before fees+0.018%+$2 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 0.040% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLFIUSDT	0.05756	0.0100	pay 0.0050% / 4h	21m 45s	$21.0M	$19.4M	75x
Short	Bitget WLFIUSDT	0.05753	0.0100	get 0.0050% / 4h	21m 45s	$7.9M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → −0.012%: −$3.98
Slippage, 4 orders: −$18.68
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$45.66
Costs to cover: 0.417%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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 Bybit live order book, 2 min ago	0.87 bp	8.1 bp −$8	30.3 bp −$303	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	1.74 bp	12.4 bp −$12	24.1 bp −$241	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	−0.0328%	1h	0.05732	−0.417%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.032%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05757	+0.013%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.695%	$6K	$77K	5.5x	as long as short
BloFin WLFI-USDT	+0.0047%	4h	0.05769	+0.226%	$4.9M	$91K	75x	as long as short
dYdX WLFI-USD	+0.0085%	1h	0.05769	+0.224%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05752	−0.069%	$1.0M	$467K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05756	+0.005%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05758	+0.043%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05755	−0.016%	$10.5M	$1.3M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05762	+0.097%	$1.6M	$533K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05763	+0.130%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05762	+0.104%	$139.1M	$42.9M	75x	as long as short
Bybit WLFIUSDTlong	+0.0100%	4h	0.05756	long leg	$21.0M	$19.4M	75x
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05756	0.000%	$7.7M	$13.4M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05759	+0.057%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05758	+0.035%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05762	+0.104%	$13.5M	$19.9M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05760	+0.069%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDTshort	+0.0100%	4h	0.05753	−0.052%	$7.9M	$3.5M	75x
BingX WLFI-USDT	+0.0100%	4h	0.05759	+0.052%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05757	+0.017%	$233K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05762	+0.112%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05776	+0.356%	$282K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	+0.243%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.243%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05757	+0.017%	$86	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05754	−0.040%	$176K	$1.0M	10x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0271%	1h	0.05759	+0.052%	$523	$11K	10x	as long as short
01 Exchange WLFIUSD	+0.0272%	1h	0.05762	+0.104%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05755	−0.014%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0407%	1h	0.05777	+0.364%	$97K	$90K	20x	as long as short