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: SunX against Bybit+0.069%7-day average +0.139% · you sell dearer than you buy

Net, funding: paid 7d − costs−$218as in the Funding arb table

Net, price: spread back to 7d avg − costs−$234as in the Price arb table

costs, in and out, $10k−$2272.271% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.090%+$9 on $10k

Price spread, last 4 days (all we have)+0.232%+$23 · spread now +0.069%, 7d avg +0.139%

Together, before fees+0.322%+$32 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: SunX is 0.070% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.139%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WLFIUSDT	0.05816	0.0100	pay 0.0050% / 4h	1h 47m	$21.7M	$19.4M	75x
Short	SunX WLFI-USDT	0.05820	0.0100	get 0.0050% / 4h	1h 47m	$39K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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 BybitbpFee SunXbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → +0.139%: −$7
Slippage, 4 orders: −$208.13
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$234.13
Costs to cover: 2.271%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; SunX: live order book, 12 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 Bybit live order book, 5 min ago	0.86 bp	9.9 bp −$10	34.4 bp −$344	doesn't fit	doesn't fit
Sell SunX live order book, 12 min ago	34.36 bp	113.7 bp −$114	doesn't fit	doesn't fit	doesn't fit

WLFI on 32 exchanges

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	−0.0384%	1h	0.05732	−1.444%	$21K	$15K	50x	as long as short
dYdX WLFI-USD	−0.0303%	1h	0.05810	−0.111%	$6K	$11K	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+3.946%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05816	0.000%	$528	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05812	−0.070%	$318	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.719%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05810	−0.103%	$1.1M	$451K	5x	as long as short
01 Exchange WLFIUSD	+0.0096%	1h	0.05812	−0.069%	$4K	$335	3x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05813	−0.057%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05813	−0.054%	$90K	$27K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05813	−0.060%	$10.6M	$923K	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05815	−0.015%	$1.6M	$542K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05815	−0.019%	$248K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05816	+0.008%	$140.1M	$43.0M	75x	as long as short
Bybit WLFIUSDTlong	+0.0100%	4h	0.05816	long leg	$21.7M	$19.4M	75x
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05812	−0.069%	$7.7M	$13.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05816	−0.005%	$7K	$10K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05812	−0.069%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05817	+0.017%	$13.0M	$20.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05814	−0.034%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05813	−0.052%	$8.0M	$3.6M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05817	+0.017%	—	$7.5M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05814	−0.034%	$234K	$34K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05806	−0.172%	$453K	$33K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05809	−0.119%	$281K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05810	−0.103%	$34K	$38K	50x	as long as short
SunX WLFI-USDTshort	+0.0100%	4h	0.05820	+0.069%	$39K	$1.6M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05814	−0.034%	$101	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05812	−0.077%	$174K	$1.0M	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05813	−0.055%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05815	−0.017%	$4.9M	$96K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0485%	1h	0.05816	−0.006%	$97K	$130K	20x	as long as short