Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against SunX−0.015%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$228as in the Funding arb table

Net, price: spread back to 7d avg − costs−$223as in the Price arb table

costs, in and out, $10k−$2282.280% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.289%−$29 · spread now −0.015%, 7d avg −0.062%

Together, before fees−0.289%−$29 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: Binance is 0.047% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WLFI-USDT	0.05810	0.0100	pay 0.0050% / 4h	1h 58m	$38K	$1.6M	20x
Short	Binance WLFIUSDT	0.05809	0.0100	get 0.0050% / 4h	1h 58m	$140.0M	$43.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now −0.015%Rate

Funding earned: $0
Price spread: −0.015% → −0.062%: $4.67
Slippage, 4 orders: −$210.02
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$223.35
Costs to cover: 2.280%
Break-even: never at this rate

Slippage from SunX: live order book, 11 min ago; Binance: live order book, 8 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 SunX live order book, 11 min ago	34.48 bp	93.7 bp −$94	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.86 bp	10.6 bp −$11	21.0 bp −$210	102.7 bp −$10.3K	doesn't fit

WLFI on 32 exchanges

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	−0.0384%	1h	0.05732	−1.343%	$21K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05788	−0.372%	$8K	$6K	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.053%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05802	−0.131%	$317	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.618%	$6K	$77K	5.5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0094%	1h	0.05808	−0.034%	$527	$11K	10x	as long as short
Lighter WLFI	+0.0096%	1h	0.05802	−0.138%	$1.1M	$449K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05803	−0.114%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05806	−0.060%	$88K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05805	−0.083%	$10.6M	$938K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05806	−0.071%	$1.6M	$548K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05806	−0.060%	$248K	$15K	5x	as long as short
Binance WLFIUSDTshort	+0.0100%	4h	0.05809	−0.015%	$140.0M	$43.0M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05807	−0.052%	$21.5M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05805	−0.086%	$7.7M	$13.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05809	−0.022%	$7K	$10K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05804	−0.103%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05809	−0.017%	$12.8M	$20.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05809	−0.017%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05805	−0.086%	$8.0M	$3.6M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05808	−0.034%	—	$7.4M	—	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05781	−0.497%	$451K	$33K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05790	−0.347%	$289K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.516%	$34K	$38K	50x	as long as short
SunX WLFI-USDTlong	+0.0100%	4h	0.05810	long leg	$38K	$1.6M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05806	−0.069%	$104	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05804	−0.112%	$175K	$1.0M	10x	as long as short
Backpack WLFI_USDC_PERP	+0.0267%	1h	0.05807	−0.052%	$233K	$34K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05794	−0.269%	$7K	—	100x	as long as short
01 Exchange WLFIUSD	+0.0320%	1h	0.05809	−0.017%	$4K	$335	3x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05800	−0.172%	$4.9M	$95K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0486%	1h	0.05809	−0.016%	$97K	$130K	20x	as long as short