Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0254%/8h= −27.8% APRpaid last 24h −0.109%

Price spread now: Kraken Futures against MEXC−0.052%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.278%−$28 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Kraken Futures is 0.052% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLFI_USDT	0.05738	0.0100	pay 0.0050% / 4h	1h 51m	$13.7M	$21.5M	100x
Short	Kraken Futures PF_WLFIUSD	0.05735	−0.0154	pay 0.0019% / 1h	51m 16s	$99K	$85K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$53.38
Price spread: −0.052% → 0.000%: −$5.17
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$68.55
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 2 min ago; Kraken Futures: no order-book sample. 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 MEXC live order book, 2 min ago	0.87 bp	0.9 bp −$1	5.1 bp −$51	48.7 bp −$4,868	119.2 bp −$59.6K
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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
Coinbase International WLFI-PERP-INTX	−0.0200%	1h	0.05737	−0.017%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSDshort	−0.0154%	1h	0.05735	−0.052%	$99K	$85K	20x
Lighter WLFI	−0.0056%	1h	0.05728	−0.174%	$1.0M	$420K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05735	−0.045%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.358%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05734	−0.070%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05731	−0.113%	$313	—	150x	as long as short
Aster WLFIUSDT	+0.0020%	4h	0.05731	−0.122%	$1.6M	$581K	20x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.383%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0078%	8h	0.05731	−0.126%	$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	+0.0096%	1h	0.05736	−0.035%	$4K	$319	3x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05731	−0.113%	$81K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05731	−0.124%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05733	−0.092%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05738	+0.006%	$137.8M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05727	−0.192%	$20.8M	$18.0M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05727	−0.192%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05738	+0.003%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05733	−0.087%	$3.4M	$2.9M	75x	as long as short
MEXC WLFI_USDTlong	+0.0100%	4h	0.05738	long leg	$13.7M	$21.5M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05733	−0.087%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05730	−0.139%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05731	−0.122%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05732	−0.105%	$238K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05742	+0.062%	$447K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05740	+0.034%	$275K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	−0.314%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05740	+0.035%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05735	−0.052%	$124	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05727	−0.193%	$133K	$487K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05733	−0.087%	$3K	—	100x	as long as short