Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against MEXC+0.069%7-day average −0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 7 days−0.160%−$16 · spread now +0.069%, 7d avg −0.071%

Together, before fees−0.190%−$19 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: Gate is 0.140% dearer against MEXC than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLFI_USDT	0.05762	0.0100	pay 0.0050% / 4h	30m 40s	$12.9M	$20.4M	100x
Short	Gate WLFI_USDT	0.05766	0.0100	get 0.0050% / 4h	30m 40s	$3.5M	$3.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → −0.071%: $14.01
Slippage, 4 orders: −$25.21
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$26.2
Costs to cover: 0.402%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; Gate: live order book, 6 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 MEXC live order book, 6 min ago	1.73 bp	1.7 bp −$2	6.0 bp −$60	35.1 bp −$3,505	102.1 bp −$51.1K
Sell Gate live order book, 6 min ago	0.86 bp	18.1 bp −$18	33.2 bp −$332	65.3 bp −$6,527	doesn't fit

WLFI on 32 exchanges

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
Coinbase International WLFI-PERP-INTX	−0.0480%	1h	0.05732	−0.521%	$21K	$15K	50x	as long as short
01 Exchange WLFIUSD	−0.0088%	1h	0.05764	+0.035%	$4K	$335	3x	as long as short
dYdX WLFI-USD	−0.0031%	1h	0.05770	+0.146%	$6K	$13K	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.919%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05778	+0.274%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.798%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05763	+0.017%	$1.1M	$432K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0097%	8h	0.05764	+0.041%	$2K	$10	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05777	+0.269%	$90K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05770	+0.130%	$10.6M	$924K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05767	+0.081%	$1.5M	$672K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05767	+0.080%	$246K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05765	+0.056%	$138.7M	$41.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05763	+0.017%	$21.4M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05765	+0.052%	$7.7M	$13.6M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05768	+0.101%	$7K	$10K	5x	as long as short
Gate WLFI_USDTshort	+0.0100%	4h	0.05766	+0.069%	$3.5M	$3.1M	75x
MEXC WLFI_USDTlong	+0.0100%	4h	0.05762	long leg	$12.9M	$20.4M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05767	+0.087%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05763	+0.017%	$7.9M	$3.6M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05765	+0.052%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05777	+0.260%	$234K	$32K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05773	+0.188%	$449K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05799	+0.637%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05790	+0.486%	$33K	$34K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.486%	$39K	$1.5M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05779	+0.295%	$109	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05762	+0.008%	$173K	$1.1M	10x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0269%	1h	0.05781	+0.330%	$525	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05775	+0.222%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05780	+0.312%	$4.9M	$97K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0626%	1h	0.05780	+0.320%	$96K	$127K	20x	as long as short