Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0514%/8h= +56.2% APRpaid last 24h −0.003%

Price spread now: Deribit against SunX−0.086%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.086% cheaper against SunX than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 13 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WLFI-USDT	0.05800	0.0100	pay 0.0050% / 4h	3h 59m	$38K	$1.7M	20x
Short	Deribit WLFI_USDC-PERPETUAL	0.05795	0.0614	get 0.0077% / 1h	59m 46s	$526	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.086%Rate

Funding earned: $107.85
Price spread: −0.086% → 0.000%: −$8.62
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $84.23
Costs to cover: 0.150%
Break-even: 1.5 days

Slippage unknown: SunX: live order book, 6 min ago; Deribit: no order-book sample. 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 SunX live order book, 6 min ago	34.48 bp	93.8 bp −$94	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.0328%	1h	0.05732	−1.172%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.235%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05788	−0.209%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.448%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0073%	1h	0.05780	−0.352%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05786	−0.241%	$1.1M	$469K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05787	−0.217%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05784	−0.267%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05788	−0.203%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05785	−0.257%	$1.6M	$529K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05788	−0.212%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05796	−0.076%	$140.0M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05783	−0.293%	$21.1M	$19.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05787	−0.224%	$7.8M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05790	−0.164%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05788	−0.207%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05794	−0.103%	$13.6M	$20.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05789	−0.190%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05788	−0.207%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05788	−0.207%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05789	−0.190%	$235K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05781	−0.332%	$452K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05790	−0.172%	$286K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.345%	$34K	$38K	50x	as long as short
SunX WLFI-USDTlong	+0.0100%	4h	0.05800	long leg	$38K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05788	−0.207%	$101	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05786	−0.239%	$174K	$1.0M	10x	as long as short
01 Exchange WLFIUSD	+0.0216%	1h	0.05791	−0.155%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05786	−0.234%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05794	−0.103%	$4.9M	$102K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0406%	1h	0.05791	−0.157%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUALshort	+0.0614%	1h	0.05795	−0.086%	$526	$11K	10x