Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.028%

Price spread now: SunX against gTrade (Gains Network)+0.112%66s7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 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 +$3 a day on $10k at the current rate, and SunX is 0.112% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WLFI/USD	0.05783	L +0.0005% / S −0.0005%	pay 0.0001% / 1h	2m 54s	$316	—	150x
Short	SunX WLFI-USDT	0.05790	0.0100	get 0.0050% / 4h	1h 02m	$38K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee SunXbpOrdersPrice spread, now +0.112%Rate

Funding earned: $19.91
Price spread: +0.112% → 0.000%: $11.24
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: $13.15
Costs to cover: 0.180%
Break-even: 2.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; SunX: live order book, 13 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell SunX live order book, 13 min ago	34.48 bp	106.4 bp −$106	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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
Coinbase International WLFI-PERP-INTX	−0.0312%	1h	0.05737	−0.804%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.534%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USDlong	L +0.0005% / S −0.0005%	1h	0.05783	long leg	$316	—	150x
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.167%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0060%	1h	0.05780	−0.054%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05780	−0.061%	$1.0M	$466K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05782	−0.020%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05782	−0.018%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05781	−0.038%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05784	+0.006%	$1.6M	$535K	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	0.05784	+0.016%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05789	+0.092%	$139.8M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05779	−0.078%	$21.1M	$19.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05783	−0.009%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05786	+0.041%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05785	+0.026%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05788	+0.078%	$13.7M	$20.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05788	+0.078%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05782	−0.026%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05784	+0.009%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05785	+0.026%	$235K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05783	0.000%	$452K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05787	+0.069%	$277K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.061%	$34K	$38K	50x	as long as short
SunX WLFI-USDTshort	+0.0100%	4h	0.05790	+0.112%	$38K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05785	+0.026%	$80	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05782	−0.028%	$174K	$523K	10x	as long as short
BloFin WLFI-USDT	+0.0133%	4h	0.05785	+0.026%	$4.8M	$92K	75x	as long as short
01 Exchange WLFIUSD	+0.0296%	1h	0.05787	+0.061%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05783	−0.012%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0306%	1h	0.05790	+0.104%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0442%	1h	0.05788	+0.078%	$525	$11K	10x	as long as short