Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bybit+0.104%7-day average +0.085% · you sell dearer than you buy

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$250.255% of the position

Long on Bybit Short on MEXC

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−0.020%−$2 · spread now +0.104%, 7d avg +0.085%

Together, before fees+0.089%+$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLFIUSDT	0.05749	0.0100	pay 0.0050% / 4h	3h 02m	$20.9M	$17.3M	75x
Short	MEXC WLFI_USDT	0.05755	0.0100	get 0.0050% / 4h	3h 02m	$15.5M	$21.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.104%Rate

Funding earned: $0
Price spread: +0.104% → +0.085%: $1.92
Slippage, 4 orders: −$14.47
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: −$23.55
Costs to cover: 0.255%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; MEXC: 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, 1 min ago	0.87 bp	11.4 bp −$11	42.3 bp −$423	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.74 bp	1.7 bp −$2	8.2 bp −$82	44.3 bp −$4,428	121.6 bp −$60.8K

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	−0.0109%	1h	0.05755	+0.106%	$73K	$48K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	−0.0097%	1h	0.05757	+0.139%	$523	$11K	10x	as long as short
Lighter WLFI	−0.0024%	1h	0.05751	+0.035%	$994K	$401K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05762	+0.219%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.157%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05759	+0.168%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.574%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0078%	4h	0.05758	+0.163%	$1.6M	$589K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0089%	8h	0.05755	+0.113%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05755	+0.113%	$80K	$24K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05754	+0.078%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05761	+0.212%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05757	+0.135%	$137.9M	$39.5M	75x	as long as short
Bybit WLFIUSDTlong	+0.0100%	4h	0.05749	long leg	$20.9M	$17.3M	75x
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05749	0.000%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05762	+0.226%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05755	+0.104%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05755	+0.104%	$15.5M	$21.6M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05759	+0.174%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05750	+0.017%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05752	+0.052%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05755	+0.104%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05754	+0.095%	$443K	$34K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05770	+0.365%	$278K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	+0.191%	$33K	$40K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05760	+0.191%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05755	+0.104%	$114	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05749	+0.003%	$134K	$512K	10x	as long as short
01 Exchange WLFIUSD	+0.0112%	1h	0.05758	+0.157%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	−0.209%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05756	+0.115%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05763	+0.244%	$4.7M	$78K	75x	as long as short