WLFI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.037%

Price spread now: SunX against BloFin0.000%55s7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$246as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2372.369% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$10 on $10k

Price spread, last 4 days (all we have)+0.110%+$11 · spread now 0.000%, 7d avg +0.067%

Together, before fees+0.014%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.067% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.067%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.095% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLFI-USDT	0.05790	0.0340	pay 0.0170% / 4h	1h 58m	$4.8M	$86K	75x
Short	SunX WLFI-USDT	0.05790	0.0100	get 0.0050% / 4h	1h 58m	$39K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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 BloFinbpFee SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$50.4
Price spread: 0.000% → +0.067%: −$6.65
Slippage, 4 orders: −$216.88
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$293.93
Costs to cover: 2.369%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 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 BloFin live order book, 5 min ago	0.87 bp	13.6 bp −$14	21.2 bp −$212	57.3 bp −$5,732	doesn't fit
Sell SunX live order book, 7 min ago	43.22 bp	105.6 bp −$106	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
Coinbase International WLFI-PERP-INTX	−0.0312%	1h	0.05737	−0.915%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05780	−0.175%	$11K	$943	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.417%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05783	−0.130%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.278%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05780	−0.173%	$1.0M	$458K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05782	−0.144%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05783	−0.130%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05782	−0.136%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05785	−0.091%	$1.6M	$556K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05782	−0.138%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05789	−0.017%	$139.7M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05780	−0.173%	$21.0M	$19.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05783	−0.121%	$7.7M	$13.6M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05788	−0.026%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05785	−0.086%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05790	0.000%	$13.8M	$20.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05783	−0.121%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05784	−0.104%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05784	−0.104%	—	$7.3M	—	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05774	−0.269%	$451K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05780	−0.172%	$283K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.173%	$33K	$38K	50x	as long as short
SunX WLFI-USDTshort	+0.0100%	4h	0.05790	0.000%	$39K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05785	−0.086%	$85	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05781	−0.158%	$176K	$735K	10x	as long as short
Backpack WLFI_USDC_PERP	+0.0138%	1h	0.05786	−0.069%	$241K	$26K	10x	as long as short
01 Exchange WLFIUSD	+0.0280%	1h	0.05791	+0.017%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05784	−0.107%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0306%	1h	0.05785	−0.079%	$97K	$90K	20x	as long as short
BloFin WLFI-USDTlong	+0.0340%	4h	0.05790	long leg	$4.8M	$86K	75x
Deribit WLFI_USDC-PERPETUAL	+0.0441%	1h	0.05789	−0.017%	$525	$11K	10x	as long as short