Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against KuCoin−0.052%7-day average +0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$550.549% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.105%+$10 · spread now −0.052%, 7d avg +0.057%

Together, before fees+0.105%+$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.109% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLFIUSDTM	0.05758	0.0100	pay 0.0050% / 4h	3h 21m	$3.3M	$1.1M	75x
Short	MEXC WLFI_USDT	0.05755	0.0100	get 0.0050% / 4h	3h 21m	$14.3M	$21.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → +0.057%: −$10.9
Slippage, 4 orders: −$42.93
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$65.83
Costs to cover: 0.549%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 2 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, 6 min ago	4.34 bp	24.8 bp −$25	93.3 bp −$933	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.60 bp	2.6 bp −$3	8.2 bp −$82	54.5 bp −$5,452	112.2 bp −$56.1K

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	−0.0109%	1h	0.05756	−0.029%	$73K	$49K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05759	+0.010%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.993%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05759	+0.017%	$523	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05759	+0.014%	$315	—	150x	as long as short
Lighter WLFI	+0.0008%	1h	0.05749	−0.156%	$991K	$398K	5x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.729%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0062%	4h	0.05756	−0.036%	$1.6M	$587K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0088%	8h	0.05753	−0.085%	$2K	$118	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05754	−0.075%	$10.5M	$1.3M	5x	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	0.05753	−0.087%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05755	−0.044%	$137.9M	$39.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05750	−0.139%	$21.1M	$17.6M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05751	−0.122%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05758	−0.005%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05755	−0.052%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05755	−0.052%	$14.3M	$21.4M	100x
KuCoin WLFIUSDTMlong	+0.0100%	4h	0.05758	long leg	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05753	−0.087%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05750	−0.139%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05758	0.000%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05752	−0.112%	$443K	$34K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05751	−0.122%	$278K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	+0.035%	$33K	$41K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05754	−0.078%	$80K	$25K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05760	+0.035%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05758	0.000%	$112	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05749	−0.153%	$133K	$576K	10x	as long as short
01 Exchange WLFIUSD	+0.0136%	1h	0.05755	−0.052%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	−0.365%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05755	−0.059%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05762	+0.069%	$4.8M	$78K	75x	as long as short