Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Gate+0.052%7-day average +0.119% · you sell dearer than you buy

Net, funding: paid 7d − costs−$231as in the Funding arb table

Net, price: spread back to 7d avg − costs−$241as in the Price arb table

costs, in and out, $10k−$2342.340% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 4 days (all we have)+0.207%+$21 · spread now +0.052%, 7d avg +0.119%

Together, before fees+0.240%+$24 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 0.067% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.119%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLFI_USDT	0.05777	0.0100	pay 0.0050% / 4h	2h 19m	$3.5M	$3.1M	75x
Short	SunX WLFI-USDT	0.05780	0.0100	get 0.0050% / 4h	2h 19m	$39K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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 GatebpFee SunXbpOrdersPrice spread, now +0.052%Rate

Funding earned: $0
Price spread: +0.052% → +0.119%: −$6.73
Slippage, 4 orders: −$211.03
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$240.76
Costs to cover: 2.340%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; SunX: live order book, 6 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 Gate live order book, 4 min ago	2.59 bp	19.5 bp −$19	40.4 bp −$404	75.8 bp −$7,576	doesn't fit
Sell SunX live order book, 6 min ago	34.54 bp	106.6 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
Coinbase International WLFI-PERP-INTX	−0.0144%	1h	0.05737	−0.692%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.651%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05778	+0.023%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.056%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0037%	1h	0.05778	+0.025%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05774	−0.052%	$1.0M	$458K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05774	−0.056%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05776	−0.009%	$82K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05776	−0.021%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05778	+0.009%	$1.6M	$580K	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	0.05776	−0.026%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05782	+0.087%	$139.5M	$42.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05774	−0.052%	$21.1M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05777	0.000%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05779	+0.026%	$7K	$8K	5x	as long as short
Gate WLFI_USDTlong	+0.0100%	4h	0.05777	long leg	$3.5M	$3.1M	75x
MEXC WLFI_USDT	+0.0100%	4h	0.05781	+0.069%	$13.8M	$20.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05781	+0.069%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05775	−0.035%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05780	+0.052%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05779	+0.035%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05778	+0.026%	$451K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05787	+0.168%	$283K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	+0.052%	$33K	$38K	50x	as long as short
SunX WLFI-USDTshort	+0.0100%	4h	0.05780	+0.052%	$39K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05780	+0.052%	$86	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05777	−0.009%	$176K	$735K	10x	as long as short
01 Exchange WLFIUSD	+0.0192%	1h	0.05782	+0.087%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05776	−0.024%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05783	+0.104%	$4.8M	$87K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0380%	1h	0.05782	+0.081%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0442%	1h	0.05784	+0.121%	$525	$11K	10x	as long as short