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: MEXC against SunX−0.035%7-day average −0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs−$216as in the Funding arb table

Net, price: spread back to 7d avg − costs−$212as in the Price arb table

costs, in and out, $10k−$2162.159% of the position

Long on SunX Short on MEXC

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)−0.104%−$10 · spread now −0.035%, 7d avg −0.071%

Together, before fees−0.104%−$10 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: MEXC is 0.036% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WLFI-USDT	0.05780	0.0100	pay 0.0050% / 4h	3h 53m	$38K	$1.7M	20x
Short	MEXC WLFI_USDT	0.05778	0.0100	get 0.0050% / 4h	3h 53m	$13.5M	$19.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → −0.071%: $3.63
Slippage, 4 orders: −$207.87
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$212.24
Costs to cover: 2.159%
Break-even: never at this rate

Slippage from SunX: live order book, 12 min ago; MEXC: 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	34.48 bp	93.8 bp −$94	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.73 bp	1.7 bp −$2	6.4 bp −$64	35.6 bp −$3,558	117.3 bp −$58.7K

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	−0.0536%	1h	0.05732	−0.830%	$21K	$27K	50x	as long as short
01 Exchange WLFIUSD	−0.0048%	1h	0.05775	−0.087%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.598%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05773	−0.126%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.107%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05770	−0.173%	$1.0M	$469K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05772	−0.136%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05772	−0.135%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05773	−0.128%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05774	−0.100%	$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	0.05773	−0.119%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05778	−0.026%	$139.6M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05769	−0.190%	$21.1M	$19.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05773	−0.121%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05776	−0.067%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05774	−0.104%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05778	−0.035%	$13.5M	$19.7M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05777	−0.052%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05773	−0.121%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05770	−0.173%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05775	−0.087%	$234K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05773	−0.129%	$451K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05790	+0.173%	$286K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	0.000%	$34K	$37K	50x	as long as short
SunX WLFI-USDTlong	+0.0100%	4h	0.05780	long leg	$38K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05776	−0.069%	$102	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05771	−0.157%	$174K	$1.0M	10x	as long as short
dYdX WLFI-USD	+0.0173%	1h	0.05772	−0.131%	$11K	$943	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0269%	1h	0.05778	−0.035%	$524	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05774	−0.104%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05778	−0.035%	$4.9M	$102K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.2346%	1h	0.05777	−0.046%	$97K	$90K	20x	as long as short