Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h −0.012%

Price spread now: Paradex against SunX−0.085%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.085% cheaper against SunX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

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	3h 56m	$38K	$1.7M	20x
Short	Paradex WLFI-USD-PERP	0.05725	0.0079	get 0.0079% / 8h	7h 56m	$2K	$108	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$4.45
Price spread: −0.085% → 0.000%: −$8.47
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$24.91
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 9 min ago; Paradex: 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	34.90 bp	94.9 bp −$95	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Lighter WLFI	−0.0216%	1h	0.05718	−0.209%	$967K	$380K	5x	as long as short
Kraken Futures PF_WLFIUSD	−0.0110%	1h	0.05725	−0.091%	$73K	$50K	20x	as long as short
Aster WLFIUSDT	−0.0041%	4h	0.05724	−0.105%	$1.6M	$586K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05725	−0.096%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.503%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05726	−0.070%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05724	−0.104%	$313	—	150x	as long as short
01 Exchange WLFIUSD	+0.0024%	1h	0.05725	−0.087%	$4K	$319	3x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.244%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERPshort	+0.0079%	8h	0.05725	−0.085%	$2K	$108	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05721	−0.148%	$79K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05721	−0.154%	$10.4M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05722	−0.147%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05725	−0.091%	$137.1M	$40.2M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05718	−0.209%	$20.8M	$17.8M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05721	−0.157%	$7.5M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05727	−0.058%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05723	−0.122%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05724	−0.105%	$14.5M	$21.3M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05725	−0.087%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05723	−0.122%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05731	+0.017%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05724	−0.105%	$238K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05718	−0.214%	$443K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05740	+0.176%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	+0.175%	$33K	$42K	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	0.05725	−0.087%	$108	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05721	−0.150%	$133K	$488K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	+0.122%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05723	−0.119%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05733	+0.052%	$4.7M	$77K	75x	as long as short