WLFI arbitrage explained
Right now World Liberty Financial (WLFI) trades on 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.0545 and the highest bid on Aster perp at $0.0546.
The widest WLFI perpetual spread is between Variational and Aster: long WLFI on Variational at $0.0545 and short on Aster at $0.0546 for +0.24% gross, or +0.08% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.080% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best WLFI route is to buy spot on KuCoin and short the perpetual on Aster: +0.15% gross, -0.05% net, with +0.110% a day of funding on the short leg.
Spot–spot WLFI arbitrage (buy on KuCoin, withdraw, deposit and sell on Bitget) shows +0.02% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small WLFI gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: WLFI funding rates · WLFI spread charts · World Liberty Financial price · arbitrage scanner for all coins.