Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0636%/8h= +69.6% APRpaid last 24h −0.006%

Price spread now: SunX against Coinbase International+1.012%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on SunX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and SunX is 1.012% dearer against Coinbase International than usual: you sell high and buy low: +$101 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WLFI-PERP-INTX	0.05732	−0.0536	get 0.0067% / 1h	51m 10s	$21K	$27K	50x
Short	SunX WLFI-USDT	0.05790	0.0100	get 0.0050% / 4h	3h 51m	$39K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Coinbase International. 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 Coinbase InternationalbpFee SunXbpOrdersPrice spread, now +1.012%Rate

Funding earned: $133.56
Price spread: +1.012% → 0.000%: $101.19
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: $216.75
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; SunX: live order book, 4 min ago. 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 Coinbase International no order-book sample	—	—	—	—	—
Sell SunX live order book, 4 min ago	34.54 bp	109.8 bp −$110	doesn't fit	doesn't fit	doesn't fit

Coinbase International: 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 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
01 Exchange WLFIUSD	−0.0680%	1h	0.05789	+0.994%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTXlong	−0.0536%	1h	0.05732	long leg	$21K	$27K	50x
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.471%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05785	+0.919%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.279%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05780	+0.837%	$1.1M	$470K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05782	+0.872%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05782	+0.872%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05781	+0.855%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05782	+0.870%	$1.6M	$529K	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	0.05781	+0.862%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05787	+0.960%	$139.8M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05780	+0.837%	$21.1M	$19.1M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05782	+0.872%	$7.8M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05786	+0.935%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05783	+0.890%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05788	+0.977%	$13.5M	$19.8M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05781	+0.855%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05782	+0.872%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05781	+0.855%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05785	+0.925%	$235K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05773	+0.707%	$451K	$39K	—	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	+0.663%	$33K	$37K	50x	as long as short
SunX WLFI-USDTshort	+0.0100%	4h	0.05790	+1.012%	$39K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05786	+0.942%	$110	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05784	+0.910%	$177K	$1.0M	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0202%	4h	0.05780	+0.837%	$280K	$1.9M	10x	as long as short
dYdX WLFI-USD	+0.0205%	1h	0.05772	+0.705%	$11K	$943	5x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05784	+0.914%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05790	+1.012%	$4.9M	$102K	75x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0441%	1h	0.05790	+1.012%	$526	$11K	10x	as long as short
Kraken Futures PF_WLFIUSD	+0.2343%	1h	0.05786	+0.937%	$97K	$90K	20x	as long as short