Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.299%

Price spread now: BingX against dYdX+0.066%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on BingX

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 +$3 a day on $10k at the current rate, and BingX is 0.066% dearer against dYdX than usual: you sell high and buy low: +$7 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	dYdX WLFI-USD	0.05732	0	get 0.0000% / 1h	4m 36s	$11K	$970	5x
Short	BingX WLFI-USDT	0.05736	0.0100	get 0.0050% / 4h	1h 04m	—	$7.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against dYdX. 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 dYdXbpFee BingXbpOrdersPrice spread, now +0.066%Rate

Funding earned: $21
Price spread: +0.066% → 0.000%: $6.63
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $7.63
Costs to cover: 0.200%
Break-even: 4.5 days

Slippage unknown: dYdX: no order-book sample; BingX: live order book, 13 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 dYdX no order-book sample	—	—	—	—	—
Sell BingX live order book, 13 min ago	5.23 bp	15.3 bp −$15	26.3 bp −$263	84.7 bp −$8,465	508.9 bp −$254.5K

dYdX: 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	−0.0703%	1h	0.05733	+0.009%	$73K	$67K	20x	as long as short
Aster WLFIUSDT	−0.0221%	4h	0.05735	+0.049%	$1.6M	$580K	20x	as long as short
Lighter WLFI	−0.0176%	1h	0.05731	−0.021%	$957K	$382K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	−0.0099%	1h	0.05733	+0.014%	$10K	$624	10x	as long as short
dYdX WLFI-USDlong	0.0000%	1h	0.05732	long leg	$11K	$970	5x
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.463%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05735	+0.048%	$314	—	150x	as long as short
OKX WLFI-USDT-SWAP	+0.0022%	4h	0.05734	+0.031%	$7.5M	$12.6M	50x	as long as short
01 Exchange WLFIUSD	+0.0024%	1h	0.05738	+0.101%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0044%	8h	0.05739	+0.124%	$2K	$108	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	−0.283%	$6K	$77K	5.5x	as long as short
Gate WLFI_USDT	+0.0094%	4h	0.05736	+0.066%	$3.4M	$2.8M	75x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05736	+0.066%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05735	+0.052%	$244K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05738	+0.100%	$137.3M	$39.3M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05734	+0.031%	$21.0M	$17.3M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05740	+0.145%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05736	+0.066%	$14.8M	$21.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05737	+0.084%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05734	+0.031%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDTshort	+0.0100%	4h	0.05736	+0.066%	—	$7.2M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05732	−0.003%	$238K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05733	+0.009%	$443K	$30K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05744	+0.213%	$278K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	+0.136%	$33K	$42K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05734	+0.040%	$79K	$31K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.136%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05733	+0.014%	$130	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05735	+0.047%	$133K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05734	+0.024%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05735	+0.049%	$4.7M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.084%	$32K	$16K	50x	as long as short