Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0171%/8h= −18.7% APRpaid last 24h +0.019%

Price spread now: MEXC against Deribit0.000%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on MEXC

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit WLFI_USDC-PERPETUAL	0.05759	0.0271	pay 0.0034% / 1h	44m 40s	$523	$11K	10x
Short	MEXC WLFI_USDT	0.05759	0.0100	get 0.0050% / 4h	44m 40s	$14.8M	$21.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Deribit. 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 DeribitbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$35.95
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: −$42.95
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 4 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 Deribit no order-book sample	—	—	—	—	—
Sell MEXC live order book, 4 min ago	0.87 bp	0.9 bp −$1	6.6 bp −$66	55.2 bp −$5,516	126.1 bp −$63.1K

Deribit: 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
Kraken Futures PF_WLFIUSD	−0.0433%	1h	0.05756	−0.046%	$73K	$59K	20x	as long as short
Aster WLFIUSDT	−0.0141%	4h	0.05759	−0.002%	$1.6M	$581K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05757	−0.034%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.971%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05757	−0.034%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.747%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0064%	8h	0.05759	−0.008%	$2K	$108	5x	as long as short
OKX WLFI-USDT-SWAP	+0.0077%	4h	0.05752	−0.122%	$7.5M	$12.7M	50x	as long as short
Lighter WLFI	+0.0080%	1h	0.05749	−0.174%	$965K	$387K	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05753	−0.096%	$79K	$29K	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	0.05753	−0.104%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05754	−0.083%	$244K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05757	−0.030%	$137.9M	$39.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05749	−0.174%	$21.0M	$17.4M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05760	+0.014%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05755	−0.069%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05759	0.000%	$14.8M	$21.2M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05754	−0.087%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05753	−0.104%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05751	−0.139%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05754	−0.087%	$239K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05750	−0.160%	$445K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05760	+0.017%	$279K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	−0.156%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05760	+0.017%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05756	−0.052%	$123	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05751	−0.131%	$133K	$490K	10x	as long as short
01 Exchange WLFIUSD	+0.0136%	1h	0.05757	−0.035%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05754	−0.080%	$3K	—	100x	as long as short
Deribit WLFI_USDC-PERPETUALlong	+0.0271%	1h	0.05759	long leg	$523	$11K	10x
BloFin WLFI-USDT	+0.0340%	4h	0.05763	+0.069%	$4.7M	$72K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	−0.382%	$32K	$16K	50x	as long as short