Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Gate+0.104%53s7-day average +0.119% · you sell dearer than you buy

Net, funding: paid 7d − costs−$244as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2482.477% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.104%, 7d avg +0.119%

Together, before fees+0.119%+$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WLFI_USDT	0.05784	0.0100	pay 0.0050% / 4h	8m 28s	$3.5M	$3.1M	75x
Short	SunX WLFI-USDT	0.05790	0.0100	get 0.0050% / 4h	8m 28s	$38K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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 GatebpFee SunXbpOrdersPrice spread, now +0.104%Rate

Funding earned: $0
Price spread: +0.104% → +0.119%: −$1.57
Slippage, 4 orders: −$224.74
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$249.31
Costs to cover: 2.477%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; SunX: live order book, 7 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 Gate live order book, 5 min ago	2.60 bp	17.1 bp −$17	30.8 bp −$308	67.0 bp −$6,700	doesn't fit
Sell SunX live order book, 7 min ago	34.60 bp	114.2 bp −$114	doesn't fit	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	−0.0328%	1h	0.05732	−0.899%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.524%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05783	−0.018%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.176%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0064%	1h	0.05782	−0.033%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05783	−0.017%	$1.1M	$468K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05783	−0.022%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05783	−0.026%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05782	−0.035%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05782	−0.036%	$1.6M	$527K	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	0.05789	+0.093%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05786	+0.032%	$139.7M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05778	−0.104%	$21.1M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05782	−0.035%	$7.8M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05788	+0.064%	$7K	$8K	5x	as long as short
Gate WLFI_USDTlong	+0.0100%	4h	0.05784	long leg	$3.5M	$3.1M	75x
MEXC WLFI_USDT	+0.0100%	4h	0.05782	−0.035%	$13.6M	$20.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05789	+0.086%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05781	−0.052%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05783	−0.017%	—	$7.4M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05786	+0.035%	$235K	$30K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05766	−0.315%	$450K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05770	−0.243%	$284K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.242%	$33K	$38K	50x	as long as short
SunX WLFI-USDTshort	+0.0100%	4h	0.05790	+0.104%	$38K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05784	0.000%	$94	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05779	−0.084%	$174K	$1.0M	10x	as long as short
BloFin WLFI-USDT	+0.0159%	4h	0.05789	+0.086%	$4.8M	$102K	75x	as long as short
01 Exchange WLFIUSD	+0.0248%	1h	0.05789	+0.086%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05784	−0.002%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0406%	1h	0.05799	+0.259%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0615%	1h	0.05788	+0.069%	$525	$11K	10x	as long as short