Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h −0.006%

Price spread now: KuCoin against Coinbase International+1.011%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 1.011% dearer against Coinbase International than usual: you sell high and buy low: +$101 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WLFI-PERP-INTX	0.05737	0.0048	pay 0.0006% / 1h	6m 41s	$32K	$15K	50x
Short	KuCoin WLFIUSDTM	0.05795	0.0100	get 0.0050% / 4h	3h 06m	$3.3M	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Coinbase International. 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 Coinbase InternationalbpFee KuCoinbpOrdersPrice spread, now +1.011%Rate

Funding earned: $10.92
Price spread: +1.011% → 0.000%: $101.1
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $90.02
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; KuCoin: live order book, 6 min ago. 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 Coinbase International no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 6 min ago	4.31 bp	24.2 bp −$24	95.3 bp −$953	doesn't fit	doesn't fit

Coinbase International: 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
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.378%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05794	+0.989%	$317	—	150x	as long as short
dYdX WLFI-USD	+0.0023%	1h	0.05793	+0.976%	$11K	$970	5x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.366%	$6K	$77K	5.5x	as long as short
Coinbase International WLFI-PERP-INTXlong	+0.0048%	1h	0.05737	long leg	$32K	$15K	50x
Lighter WLFI	+0.0080%	1h	0.05787	+0.872%	$1.0M	$451K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0097%	8h	0.05786	+0.857%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05793	+0.976%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05791	+0.945%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05792	+0.959%	$1.6M	$580K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05792	+0.955%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05792	+0.966%	$139.7M	$42.2M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05789	+0.906%	$21.0M	$19.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05789	+0.906%	$7.7M	$13.4M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05790	+0.920%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05793	+0.976%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05796	+1.028%	$13.5M	$20.7M	100x	as long as short
KuCoin WLFIUSDTMshort	+0.0100%	4h	0.05795	+1.011%	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05789	+0.906%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05790	+0.924%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05796	+1.028%	$241K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05793	+0.984%	$452K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05800	+1.098%	$282K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05790	+0.924%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05800	+1.098%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05795	+1.011%	$103	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05791	+0.941%	$136K	$480K	10x	as long as short
01 Exchange WLFIUSD	+0.0160%	1h	0.05798	+1.063%	$4K	$319	3x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0268%	1h	0.05798	+1.063%	$526	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0298% / S −0.1279%	1h	0.05794	+0.992%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0338%	1h	0.05797	+1.052%	$97K	$91K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05793	+0.976%	$4.8M	$87K	75x	as long as short