Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against SunX−0.052%7-day average −0.145% · you buy dearer than you sell

Net, funding: paid 7d − costs−$243as in the Funding arb table

Net, price: spread back to 7d avg − costs−$234as in the Price arb table

costs, in and out, $10k−$2432.434% of the position

Long on SunX Short on BingX

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)−0.186%−$19 · spread now −0.052%, 7d avg −0.145%

Together, before fees−0.186%−$19 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: BingX is 0.093% dearer against SunX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.145%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WLFI-USDT	0.05760	0.0100	pay 0.0050% / 4h	3h 14m	$38K	$1.7M	20x
Short	BingX WLFI-USDC	0.05757	0.0100	get 0.0050% / 4h	3h 14m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → −0.145%: $9.25
Slippage, 4 orders: −$225.4
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$234.15
Costs to cover: 2.434%
Break-even: never at this rate

Slippage from SunX: live order book, 11 min ago; BingX: live order book, 3 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	34.66 bp	94.2 bp −$94	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	2.61 bp	18.9 bp −$19	69.9 bp −$699	491.1 bp −$49.1K	1050.5 bp −$525.3K

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	−0.0109%	1h	0.05759	−0.009%	$73K	$49K	20x	as long as short
Lighter WLFI	0.0000%	1h	0.05753	−0.122%	$992K	$399K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05759	−0.025%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.955%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05759	−0.017%	$523	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05759	−0.021%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.764%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0078%	4h	0.05758	−0.031%	$1.6M	$587K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0089%	8h	0.05764	+0.077%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05761	+0.026%	$80K	$24K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05758	−0.042%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05762	+0.030%	$247K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05761	+0.025%	$138.0M	$39.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05756	−0.069%	$21.0M	$17.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05755	−0.087%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05766	+0.099%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05758	−0.035%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05751	−0.156%	$14.2M	$21.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05758	−0.035%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05755	−0.087%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDCshort	+0.0100%	4h	0.05757	−0.052%	—	$2.3M	—
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05756	−0.069%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05752	−0.146%	$442K	$34K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05750	−0.174%	$277K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	−0.174%	$33K	$41K	50x	as long as short
SunX WLFI-USDTlong	+0.0100%	4h	0.05760	long leg	$38K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05759	−0.017%	$115	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05751	−0.152%	$133K	$506K	10x	as long as short
01 Exchange WLFIUSD	+0.0128%	1h	0.05762	+0.035%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	−0.399%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05755	−0.087%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05767	+0.122%	$4.7M	$79K	75x	as long as short