Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: BingX against KuCoin−0.035%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$820.820% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.023%+$2 · spread now −0.035%, 7d avg −0.049%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLFIUSDTM	0.05723	0.0100	pay 0.0050% / 4h	14m 32s	$3.3M	$1.1M	75x
Short	BingX WLFI-USDC	0.05721	0.0100	get 0.0050% / 4h	14m 32s	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → −0.049%: $1.36
Slippage, 4 orders: −$60
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$80.64
Costs to cover: 0.820%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 4 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 KuCoin live order book, 3 min ago	4.37 bp	25.2 bp −$25	90.0 bp −$900	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	1.75 bp	17.4 bp −$17	75.7 bp −$757	478.5 bp −$47.9K	978.3 bp −$489.1K

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	−0.0435%	1h	0.05724	+0.014%	$73K	$56K	20x	as long as short
Aster WLFIUSDT	−0.0078%	4h	0.05726	+0.047%	$1.6M	$584K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05725	+0.043%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.631%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05725	+0.035%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05722	−0.017%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.122%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0074%	8h	0.05725	+0.033%	$2K	$108	5x	as long as short
Lighter WLFI	+0.0088%	1h	0.05717	−0.105%	$963K	$392K	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05720	−0.052%	$79K	$26K	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	0.05721	−0.028%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05721	−0.033%	$245K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05724	+0.019%	$137.1M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05715	−0.140%	$20.7M	$17.7M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05719	−0.070%	$7.5M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05725	+0.037%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05720	−0.052%	$3.5M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05723	0.000%	$14.4M	$21.4M	100x	as long as short
KuCoin WLFIUSDTMlong	+0.0100%	4h	0.05723	long leg	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05719	−0.070%	$7.9M	$3.2M	75x	as long as short
BingX WLFI-USDCshort	+0.0100%	4h	0.05721	−0.035%	—	$2.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05722	−0.017%	$238K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05715	−0.146%	$443K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05719	−0.064%	$273K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	−0.052%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	+0.122%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05724	+0.017%	$107	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05718	−0.080%	$133K	$490K	10x	as long as short
01 Exchange WLFIUSD	+0.0104%	1h	0.05722	−0.017%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05723	+0.002%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05726	+0.052%	$4.7M	$74K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	+0.245%	$32K	$16K	50x	as long as short