Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.028%

Price spread now: BingX against gTrade (Gains Network)−0.029%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. BingX is 0.029% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WLFI/USD	0.05752	L +0.0005% / S −0.0005%	pay 0.0001% / 1h	15m 12s	$315	—	150x
Short	BingX WLFI-USDT	0.05750	0.0100	get 0.0050% / 4h	2h 15m	—	$7.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BingXbpOrdersPrice spread, now −0.029%Rate

Funding earned: $19.91
Price spread: −0.029% → 0.000%: −$2.9
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$3
Costs to cover: 0.200%
Break-even: 8.1 days

Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 8 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell BingX live order book, 8 min ago	5.19 bp	15.0 bp −$15	27.4 bp −$274	75.0 bp −$7,500	374.8 bp −$187.4K

gTrade (Gains Network): 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 31 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	−0.0329%	1h	0.05752	+0.010%	$73K	$48K	20x	as long as short
Lighter WLFI	−0.0056%	1h	0.05746	−0.099%	$1.0M	$413K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0032%	1h	0.05737	−0.255%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05751	−0.004%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.107%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05753	+0.023%	$522	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USDlong	L +0.0005% / S −0.0005%	1h	0.05752	long leg	$315	—	150x
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.620%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0056%	4h	0.05750	−0.029%	$1.6M	$591K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0078%	8h	0.05748	−0.063%	$2K	$118	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange WLFIUSD	+0.0088%	1h	0.05752	+0.006%	$4K	$319	3x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05749	−0.055%	$81K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05748	−0.064%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05750	−0.026%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05752	+0.013%	$138.1M	$40.1M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05748	−0.064%	$21.2M	$17.8M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05745	−0.116%	$7.7M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05756	+0.068%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05750	−0.029%	$3.5M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05752	+0.006%	$14.7M	$21.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05754	+0.041%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05748	−0.064%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDTshort	+0.0100%	4h	0.05750	−0.029%	—	$7.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05751	−0.012%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05743	−0.152%	$449K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05770	+0.319%	$277K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	+0.319%	$33K	$40K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	−0.029%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05753	+0.023%	$120	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05746	−0.097%	$133K	$487K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05752	+0.011%	$3K	—	100x	as long as short