Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: KuCoin against OKX−0.017%7-day average +0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$740.736% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$5 on $10k

Price spread, last 7 days−0.006%−$1 · spread now −0.017%, 7d avg +0.044%

Together, before fees+0.039%+$4 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: KuCoin is 0.061% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLFI-USDT-SWAP	0.05777	0.0100	pay 0.0050% / 4h	48m 58s	$7.8M	$13.5M	50x
Short	KuCoin WLFIUSDTM	0.05776	0.0100	get 0.0050% / 4h	48m 58s	$3.3M	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → +0.044%: −$6.09
Slippage, 4 orders: −$51.62
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$79.71
Costs to cover: 0.736%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 8 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 OKX live order book, 4 min ago	0.87 bp	8.8 bp −$9	19.2 bp −$192	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	6.91 bp	26.9 bp −$27	96.8 bp −$968	doesn't fit	doesn't fit

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
Coinbase International WLFI-PERP-INTX	−0.0328%	1h	0.05737	−0.692%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.649%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05772	−0.078%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.056%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0060%	1h	0.05769	−0.131%	$11K	$943	5x	as long as short
BloFin WLFI-USDT	+0.0085%	4h	0.05778	+0.017%	$4.9M	$91K	75x	as long as short
Lighter WLFI	+0.0096%	1h	0.05770	−0.121%	$1.0M	$466K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05772	−0.089%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05771	−0.107%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05774	−0.043%	$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
Aster WLFIUSDT	+0.0100%	4h	0.05771	−0.097%	$1.6M	$534K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05771	−0.099%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05781	+0.061%	$139.6M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05769	−0.138%	$21.1M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAPlong	+0.0100%	4h	0.05777	long leg	$7.8M	$13.5M	50x
Arcus WLFI-USD	+0.0100%	1h	0.05774	−0.054%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05773	−0.069%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05778	+0.017%	$13.7M	$19.8M	100x	as long as short
KuCoin WLFIUSDTMshort	+0.0100%	4h	0.05776	−0.017%	$3.3M	$1.1M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05771	−0.104%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05772	−0.087%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05776	−0.017%	$234K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05763	−0.236%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05775	−0.031%	$280K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.294%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.052%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05775	−0.035%	$84	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05773	−0.070%	$174K	$727K	10x	as long as short
01 Exchange WLFIUSD	+0.0288%	1h	0.05777	0.000%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05773	−0.068%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0407%	1h	0.05781	+0.062%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0443%	1h	0.05779	+0.035%	$525	$11K	10x	as long as short