Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: SunX against BingX+0.070%7-day average +0.146% · you sell dearer than you buy

Net, funding: paid 7d − costs−$250as in the Funding arb table

Net, price: spread back to 7d avg − costs−$258as in the Price arb table

costs, in and out, $10k−$2502.502% of the position

Long on BingX Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)+0.331%+$33 · spread now +0.070%, 7d avg +0.146%

Together, before fees+0.331%+$33 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: SunX is 0.076% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.146%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WLFI-USDC	0.05716	0.0100	pay 0.0050% / 4h	2h 28m	—	$2.3M	—
Short	SunX WLFI-USDT	0.05720	0.0100	get 0.0050% / 4h	2h 28m	$38K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BingX. 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 BingXbpFee SunXbpOrdersPrice spread, now +0.070%Rate

Funding earned: $0
Price spread: +0.070% → +0.146%: −$7.58
Slippage, 4 orders: −$232.23
Fee BingX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$257.8
Costs to cover: 2.502%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; SunX: live order book, 7 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 BingX live order book, 9 min ago	2.62 bp	17.6 bp −$18	63.9 bp −$639	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	43.67 bp	106.7 bp −$107	doesn't fit	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
Kraken Futures PF_WLFIUSD	−0.0590%	1h	0.05720	+0.063%	$73K	$88K	20x	as long as short
Aster WLFIUSDT	−0.0251%	4h	0.05714	−0.035%	$1.6M	$567K	20x	as long as short
Lighter WLFI	−0.0152%	1h	0.05713	−0.052%	$941K	$367K	5x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	+0.105%	$6K	$64K	5.5x	as long as short
OKX WLFI-USDT-SWAP	−0.0009%	4h	0.05715	−0.017%	$7.5M	$12.4M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05720	+0.077%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.764%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05720	+0.070%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05717	+0.025%	$313	—	150x	as long as short
Paradex WLFI-USD-PERP	+0.0044%	8h	0.05719	+0.056%	$2K	$108	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange WLFIUSD	+0.0072%	1h	0.05718	+0.035%	$4K	$319	3x	as long as short
Gate WLFI_USDT	+0.0082%	4h	0.05717	+0.017%	$3.4M	$2.8M	75x	as long as short
Variational Omni WLFI	+0.0092%	4h	0.05711	−0.083%	$442K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05711	−0.079%	$79K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05715	−0.016%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05714	−0.030%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05719	+0.051%	$136.8M	$38.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05713	−0.052%	$20.4M	$16.9M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05720	+0.070%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05717	+0.017%	$15.0M	$21.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05717	+0.017%	$3.2M	$932K	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05715	−0.017%	$8.0M	$3.0M	75x	as long as short
BingX WLFI-USDClong	+0.0100%	4h	0.05716	long leg	—	$2.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05717	+0.017%	$238K	$31K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05726	+0.169%	$276K	$2.0M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	+0.070%	$33K	$41K	50x	as long as short
SunX WLFI-USDTshort	+0.0100%	4h	0.05720	+0.070%	$38K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05720	+0.070%	$115	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05715	−0.020%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05735	+0.332%	$33K	$16K	50x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05711	−0.087%	$4.7M	$74K	75x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0383% / S −0.2839%	1h	0.05716	−0.003%	$14K	—	100x	as long as short