Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against SunX−0.214%7-day average −0.176% · you buy dearer than you sell

Net, funding: paid 7d − costs−$226as in the Funding arb table

Net, price: spread back to 7d avg − costs−$231as in the Price arb table

costs, in and out, $10k−$2272.267% of the position

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.214%, 7d avg −0.176%

Together, before fees−0.040%+ Points / potential airdropExtended: Active · farm board−$4 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: Extended is 0.038% cheaper against SunX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.176%.

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	1h 30m	$38K	$1.7M	20x
Short	Extended WLFI-USD	0.05768	0.0104	get 0.0013% / 1h	30m 14s	$173K	$738K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.214%Rate

Funding earned: $0.84
Price spread: −0.214% → −0.176%: −$3.84
Slippage, 4 orders: −$213.75
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$229.75
Costs to cover: 2.267%
Break-even: 1921.5 days

Slippage from SunX: live order book, 5 min ago; Extended: live order book, 13 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, 5 min ago	34.60 bp	94.1 bp −$94	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 13 min ago	2.61 bp	17.8 bp −$18	98.3 bp −$983	doesn't fit	doesn't fit

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	−0.0312%	1h	0.05737	−0.744%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.593%	—	—	—	as long as short
dYdX WLFI-USD	+0.0003%	1h	0.05767	−0.228%	$11K	$943	5x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05768	−0.213%	$315	—	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	0.05765	−0.260%	$1.0M	$461K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05771	−0.163%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05768	−0.199%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05768	−0.208%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05772	−0.135%	$1.6M	$535K	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	0.05769	−0.183%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05778	−0.035%	$139.4M	$42.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05775	−0.087%	$21.0M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05770	−0.173%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05771	−0.156%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05770	−0.173%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05778	−0.035%	$13.8M	$20.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05771	−0.156%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05775	−0.087%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05771	−0.156%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05770	−0.173%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05764	−0.268%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05774	−0.108%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.173%	$33K	$38K	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	0.05770	−0.173%	$90	$5K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05768	−0.214%	$173K	$738K	10x
01 Exchange WLFIUSD	+0.0296%	1h	0.05773	−0.121%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05766	−0.247%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0306%	1h	0.05774	−0.106%	$97K	$90K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05773	−0.121%	$4.8M	$85K	75x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0443%	1h	0.05774	−0.104%	$524	$11K	10x	as long as short