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 −0.006%

Price spread now: OKX against SunX−0.174%7-day average −0.156% · you buy dearer than you sell

Net, funding: paid 7d − costs−$205as in the Funding arb table

Net, price: spread back to 7d avg − costs−$203as in the Price arb table

costs, in and out, $10k−$2012.010% of the position

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 4 days (all we have)−0.425%−$42 · spread now −0.174%, 7d avg −0.156%

Together, before fees−0.468%−$47 on $10k · with fees, hour by hour

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	3h 18m	$38K	$1.7M	20x
Short	OKX WLFI-USDT-SWAP	0.05730	0.0100	get 0.0050% / 4h	3h 18m	$7.7M	$14.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.174%Rate

Funding earned: $0
Price spread: −0.174% → −0.156%: −$1.79
Slippage, 4 orders: −$182.96
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$202.75
Costs to cover: 2.010%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; OKX: live order book, 4 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, 7 min ago	35.03 bp	82.1 bp −$82	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	1.75 bp	10.9 bp −$11	24.6 bp −$246	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	−0.0536%	1h	0.05732	−0.139%	$21K	$27K	50x	as long as short
01 Exchange WLFIUSD	−0.0136%	1h	0.05732	−0.139%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.325%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05727	−0.220%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.418%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0084%	1h	0.05730	−0.174%	$10K	$3K	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05726	−0.244%	$1.0M	$474K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05726	−0.237%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05729	−0.183%	$82K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05731	−0.155%	$10.5M	$1.3M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05734	−0.105%	$1.6M	$552K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05730	−0.174%	$245K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05736	−0.070%	$138.3M	$44.4M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05735	−0.087%	$21.1M	$19.6M	75x	as long as short
OKX WLFI-USDT-SWAPshort	+0.0100%	4h	0.05730	−0.174%	$7.7M	$14.1M	50x
Arcus WLFI-USD	+0.0100%	1h	0.05732	−0.138%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05733	−0.122%	$3.4M	$3.2M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05738	−0.035%	$13.4M	$20.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05736	−0.070%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05732	−0.139%	$8.0M	$3.7M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05729	−0.192%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05728	−0.209%	$229K	$33K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05730	−0.180%	$447K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05731	−0.152%	$285K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	0.000%	$33K	$37K	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	0.05729	−0.192%	$106	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05729	−0.199%	$172K	$1.0M	10x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0273%	1h	0.05734	−0.105%	$520	$11K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0302% / S −0.1371%	1h	0.05727	−0.230%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05735	−0.087%	$4.8M	$103K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.2366%	1h	0.05730	−0.181%	$97K	$91K	20x	as long as short