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 KuCoin+0.123%7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$224as in the Funding arb table

Net, price: spread back to 7d avg − costs−$221as in the Price arb table

costs, in and out, $10k−$2242.238% of the position

Long on KuCoin 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)+0.210%+$21 · spread now +0.123%, 7d avg +0.097%

Together, before fees+0.210%+$21 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 0.025% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.097%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WLFIUSDTM	0.05713	0.0100	pay 0.0050% / 4h	1h 58m	$3.2M	$1.0M	75x
Short	SunX WLFI-USDT	0.05720	0.0100	get 0.0050% / 4h	1h 58m	$38K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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 KuCoinbpFee SunXbpOrdersPrice spread, now +0.123%Rate

Funding earned: $0
Price spread: +0.123% → +0.097%: $2.5
Slippage, 4 orders: −$203.77
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$221.27
Costs to cover: 2.238%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 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 KuCoin live order book, 8 min ago	2.63 bp	21.2 bp −$21	89.1 bp −$891	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	35.03 bp	98.2 bp −$98	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	−0.0711%	1h	0.05669	−0.775%	$72K	$88K	20x	as long as short
Aster WLFIUSDT	−0.0268%	4h	0.05717	+0.075%	$1.6M	$568K	20x	as long as short
Lighter WLFI	−0.0184%	1h	0.05709	−0.070%	$942K	$371K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	−0.0100%	1h	0.05717	+0.070%	$10K	$624	10x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05712	−0.012%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.821%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05714	+0.010%	$312	—	150x	as long as short
OKX WLFI-USDT-SWAP	+0.0023%	4h	0.05713	0.000%	$7.5M	$12.4M	50x	as long as short
Paradex WLFI-USD-PERP	+0.0027%	8h	0.05715	+0.033%	$2K	$108	5x	as long as short
Hyperliquid WLFI	+0.0047%	1h	0.05710	−0.047%	$10.5M	$1.2M	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	+0.0064%	1h	0.05716	+0.053%	$4K	$319	3x	as long as short
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	+0.053%	$6K	$77K	5.5x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05709	−0.066%	$441K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05711	−0.026%	$79K	$31K	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05713	−0.005%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05717	+0.070%	$136.7M	$38.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05713	0.000%	$20.5M	$17.0M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05717	+0.067%	$1K	$10	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05714	+0.018%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05715	+0.035%	$14.9M	$21.0M	100x	as long as short
KuCoin WLFIUSDTMlong	+0.0100%	4h	0.05713	long leg	$3.2M	$1.0M	75x
Bitget WLFIUSDT	+0.0100%	4h	0.05713	0.000%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05715	+0.035%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05716	+0.053%	$238K	$31K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05719	+0.101%	$273K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05710	−0.053%	$33K	$41K	50x	as long as short
SunX WLFI-USDTshort	+0.0100%	4h	0.05720	+0.123%	$38K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05716	+0.053%	$115	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05712	−0.024%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05715	+0.042%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05715	+0.035%	$4.7M	$74K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.420%	$32K	$16K	50x	as long as short