Funding arb · Price arb /

WLFI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h —

Price spread now: Reya against SunX+5.325%7-day average — · you sell dearer than you buy

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

Long on SunX Short on Reya

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

The price spread pays, funding is against you. Reya is 5.325% dearer against SunX than usual: you sell high and buy low (spread +5.325% now, against zero (this spread has no 7-day history yet)): +$533 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WLFI-USDT	0.05740	0.0100	pay 0.0050% / 4h	1h 32m	$38K	$1.7M	20x
Short	Reya WLFIRUSDPERP	0.06046	0	get 0.0000% / 1h	32m 03s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +5.325%Rate

Funding earned: −$21
Price spread: +5.325% → 0.000%: $532.54
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $497.54
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: SunX: live order book, 3 min ago; Reya: 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, 3 min ago	34.84 bp	94.8 bp −$95	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.0200%	1h	0.05737	−0.052%	$32K	$15K	50x	as long as short
Kraken Futures PF_WLFIUSD	−0.0154%	1h	0.05745	+0.085%	$99K	$88K	20x	as long as short
Lighter WLFI	−0.0056%	1h	0.05735	−0.087%	$1.0M	$429K	5x	as long as short
Aster WLFIUSDT	−0.0012%	4h	0.05738	−0.031%	$1.6M	$584K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05731	−0.151%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERPshort	0.0000%	1h	0.06046	+5.325%	—	—	—
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05735	−0.080%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.418%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0078%	8h	0.05730	−0.183%	$2K	$118	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0098%	1h	0.05745	+0.087%	$521	$11K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05727	−0.218%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05739	−0.019%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05732	−0.134%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05747	+0.120%	$138.3M	$40.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05743	+0.052%	$21.0M	$18.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05737	−0.052%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05737	−0.049%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05739	−0.017%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05749	+0.157%	$14.1M	$21.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05742	+0.035%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05734	−0.105%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05741	+0.017%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05742	+0.035%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05727	−0.220%	$447K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05736	−0.063%	$280K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.174%	$33K	$39K	50x	as long as short
SunX WLFI-USDTlong	+0.0100%	4h	0.05740	long leg	$38K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05743	+0.052%	$116	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05736	−0.072%	$133K	$488K	10x	as long as short
01 Exchange WLFIUSD	+0.0104%	1h	0.05736	−0.070%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05734	−0.098%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05734	−0.105%	$4.8M	$81K	75x	as long as short