Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.2739%/8h= +299.9% APRpaid last 24h +4.341%

Price spread now: GMX against SunX−0.068%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 GMX

What this pair did over the last

the charts below follow

Funding, last 3 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. GMX is 0.068% cheaper against SunX than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2 hours of funding at the current rate (+$82 a day).

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 25m	$38K	$1.7M	20x
Short	GMX WLFI/USD [ETH-USDC]	0.05726	L +0.0383% / S −0.2839%	get 0.0355% / 1h	25m 52s	$14K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.068%Rate

Funding earned: $575.17
Price spread: −0.068% → 0.000%: −$6.81
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $548.36
Costs to cover: 0.200%
Break-even: 0.3 days

Slippage unknown: SunX: live order book, 9 min ago; GMX: 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, 9 min ago	43.67 bp	103.6 bp −$104	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
Kraken Futures PF_WLFIUSD	−0.0589%	1h	0.05728	−0.042%	$73K	$88K	20x	as long as short
Aster WLFIUSDT	−0.0243%	4h	0.05722	−0.133%	$1.6M	$567K	20x	as long as short
Lighter WLFI	−0.0152%	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	0.05716	−0.250%	$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	0.05731	+0.017%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05724	−0.098%	$313	—	150x	as long as short
Paradex WLFI-USD-PERP	+0.0047%	8h	0.05725	−0.090%	$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	0.05727	−0.052%	$4K	$319	3x	as long as short
Variational Omni WLFI	+0.0092%	4h	0.05711	−0.327%	$442K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05722	−0.148%	$79K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05723	−0.117%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05723	−0.124%	$243K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05727	−0.060%	$137.0M	$38.6M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05721	−0.157%	$20.4M	$16.9M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05728	−0.035%	$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	0.05727	−0.052%	$15.0M	$21.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05725	−0.087%	$3.2M	$933K	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05726	−0.070%	$8.0M	$3.0M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05724	−0.105%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05727	−0.052%	$238K	$31K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05726	−0.075%	$276K	$2.0M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	−0.175%	$33K	$41K	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	0.05726	−0.070%	$117	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05722	−0.135%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05735	+0.087%	$33K	$16K	50x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05726	−0.070%	$4.7M	$74K	75x	as long as short
GMX WLFI/USD [ETH-USDC]short	L +0.0383% / S −0.2839%	1h	0.05726	−0.068%	$14K	—	100x