Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against SunX−0.140%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2432.427% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.140%, 7d avg −0.061%
=Funding pays, the price is against you. BloFin is 0.079% cheaper against SunX than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.061%). If the spread goes back, that is −$8 on $10k: about 26 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.076% in total) that is about 7.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX WLFI-USDT | 0.05730 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $38K | $1.7M | 20x |
| Short | BloFin WLFI-USDT | 0.05722 | 0.0340 | get 0.0170% / 4h | 2h 23m | $4.7M | $74K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.4
- Price spread: −0.140% → −0.061%
- −$7.88
- Slippage, 4 orders
- −$222.66
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$200.14
- Costs to cover
- 2.427%
- Break-even
- 34.8 days
Slippage from SunX: live order book, 12 min ago; BloFin: live order book, 5 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, 12 min ago | 43.67 bp | 103.6 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.87 bp | 18.7 bp −$19 | 31.2 bp −$312 | 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 | −0.0589% | 1h | 0.05729 | −0.017% | $73K | $88K | 20x | as long as short |
| Aster WLFIUSDT | −0.0232% | 4h | 0.05723 | −0.121% | $1.6M | $567K | 20x | as long as short |
| Lighter WLFI | −0.0160% | 1h | 0.05721 | −0.157% | $942K | $368K | 5x | as long as short |
| Injective WLFI/USDC PERP | −0.0018% | 1h | 0.05722 | −0.140% | $6K | $64K | 5.5x | as long as short |
| OKX WLFI-USDT-SWAP | −0.0003% | 4h | 0.05722 | −0.140% | $7.5M | $12.4M | 50x | as long as short |
| dYdX WLFI-USD | 0.0000% | 1h | 0.05722 | −0.132% | $11K | $970 | 5x | as long as short |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06045 | +5.506% | — | — | — | as long as short |
| Deribit WLFI_USDC-PERPETUAL | 0.0000% | 1h | 0.05728 | −0.035% | $10K | $624 | 10x | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05725 | −0.082% | $313 | — | 150x | as long as short |
| Paradex WLFI-USD-PERP | +0.0048% | 8h | 0.05727 | −0.053% | $2K | $108 | 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 | +0.0080% | 1h | 0.05726 | −0.070% | $4K | $319 | 3x | as long as short |
| Variational Omni WLFI | +0.0100% | 4h | 0.05719 | −0.187% | $442K | $30K | — | as long as short |
| Nado WLFI-PERP | +0.0100% | 1h | 0.05722 | −0.144% | $79K | $27K | 5x | as long as short |
| Hyperliquid WLFI | +0.0100% | 1h | 0.05721 | −0.159% | $10.5M | $1.2M | 5x | as long as short |
| Pacifica WLFI | +0.0100% | 1h | 0.05724 | −0.099% | $243K | $10K | 5x | as long as short |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05727 | −0.045% | $137.0M | $38.6M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05720 | −0.175% | $20.4M | $16.9M | 75x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05728 | −0.033% | $1K | $10 | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05725 | −0.087% | $3.5M | $2.8M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05726 | −0.070% | $15.3M | $21.0M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05726 | −0.070% | $3.2M | $933K | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05724 | −0.105% | $8.0M | $3.0M | 75x | as long as short |
| BingX WLFI-USDT | +0.0100% | 4h | 0.05727 | −0.052% | — | $7.2M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05728 | −0.035% | $238K | $31K | 10x | as long as short |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05730 | 0.000% | $274K | $2.0M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05720 | −0.175% | $33K | $40K | 50x | as long as short |
| SunX WLFI-USDTlong | +0.0100% | 4h | 0.05730 | long leg | $38K | $1.7M | 20x | |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05728 | −0.035% | $117 | $5K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05723 | −0.126% | $132K | $490K | 10x | as long as short |
| Coinbase International WLFI-PERP-INTX | +0.0208% | 1h | 0.05737 | +0.122% | $32K | $16K | 50x | as long as short |
| BloFin WLFI-USDTshort | +0.0340% | 4h | 0.05722 | −0.140% | $4.7M | $74K | 75x | |
| GMX WLFI/USD [ETH-USDC] | L +0.0383% / S −0.2839% | 1h | 0.05725 | −0.086% | $14K | — | 100x | as long as short |
SunX WLFI-USDT
BloFin WLFI-USDT
Kraken Futures PF_WLFIUSD
Aster WLFIUSDT
Lighter WLFI
Injective WLFI/USDC PERP
OKX WLFI-USDT-SWAP
Deribit WLFI_USDC-PERPETUAL
gTrade (Gains Network) WLFI/USD
Paradex WLFI-USD-PERP
01 Exchange WLFIUSD
Variational Omni WLFI
Hyperliquid WLFI
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
Gate WLFI_USDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
Bitget WLFIUSDT
BingX WLFI-USDT
Backpack WLFI_USDC_PERP
GRVT WLFI_USDT_Perp
ApeX Omni WLFIUSDT
SoDEX WLFI-USD
Extended WLFI-USD
Coinbase International WLFI-PERP-INTX
GMX WLFI/USD [ETH-USDC]