Funding arb · Price arb /

WLFI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.010%

Price spread now: SunX against Paradex+0.112%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.112% dearer against Paradex 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).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex WLFI-USD-PERP	0.05734	0.0081	pay 0.0081% / 8h	5h 12m	$2K	$118	5x
Short	SunX WLFI-USDT	0.05740	0.0100	get 0.0050% / 4h	1h 12m	$38K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Paradex. 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 ParadexbpFee SunXbpOrdersPrice spread, now +0.112%Rate

Funding earned: $4
Price spread: +0.112% → 0.000%: $11.23
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee SunX: 4 bp × 2 orders: −$8
Net: $3.23
Costs to cover: 0.120%
Break-even: 1.3 days

Slippage unknown: Paradex: 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 Paradex no order-book sample	—	—	—	—	—
Sell SunX live order book, 13 min ago	34.84 bp	111.8 bp −$112	doesn't fit	doesn't fit	doesn't fit

Paradex: 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	−0.0200%	1h	0.05737	+0.060%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05742	+0.146%	$99K	$87K	20x	as long as short
Lighter WLFI	−0.0032%	1h	0.05732	−0.027%	$1.0M	$433K	5x	as long as short
Aster WLFIUSDT	−0.0001%	4h	0.05735	+0.024%	$1.6M	$577K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05734	+0.005%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.441%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05740	+0.112%	$521	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05737	+0.052%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.306%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERPlong	+0.0081%	8h	0.05734	long leg	$2K	$118	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05736	+0.034%	$81K	$25K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05736	+0.039%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05734	+0.013%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05740	+0.118%	$138.1M	$40.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05733	−0.010%	$20.8M	$18.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05736	+0.043%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05741	+0.125%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05735	+0.025%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05738	+0.077%	$13.8M	$21.8M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05735	+0.025%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05733	−0.010%	$7.9M	$3.3M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05734	+0.008%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05736	+0.043%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05728	−0.090%	$447K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05730	−0.058%	$275K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	+0.112%	$33K	$39K	50x	as long as short
SunX WLFI-USDTshort	+0.0100%	4h	0.05740	+0.112%	$38K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05736	+0.043%	$117	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05733	−0.010%	$133K	$485K	10x	as long as short
01 Exchange WLFIUSD	+0.0120%	1h	0.05741	+0.130%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05735	+0.020%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05741	+0.130%	$4.8M	$82K	75x	as long as short