Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0203%/8h= −22.2% APRpaid last 24h −0.046%

Price spread now: SunX against GMX+0.105%7-day average — · you sell dearer than you buy

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

Long on GMX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. SunX is 0.105% dearer against GMX than usual: you sell high and buy low (spread +0.105% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WLFI/USD [ETH-USDC]	0.05784	L +0.0303% / S −0.1371%	pay 0.0038% / 1h	5m 21s	$7K	—	100x
Short	SunX WLFI-USDT	0.05790	0.0100	get 0.0050% / 4h	5m 21s	$39K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against GMX. 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 GMXbpFee SunXbpOrdersPrice spread, now +0.105%Rate

Funding earned: −$42.66
Price spread: +0.105% → 0.000%: $10.55
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$52.11
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; SunX: live order book, 10 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell SunX live order book, 10 min ago	34.60 bp	114.2 bp −$114	doesn't fit	doesn't fit	doesn't fit

GMX: 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	−0.0328%	1h	0.05732	−0.897%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+4.525%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05784	−0.005%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.174%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0068%	1h	0.05775	−0.161%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05780	−0.067%	$1.0M	$468K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05782	−0.028%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05783	−0.016%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05784	0.000%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05784	+0.010%	$1.6M	$528K	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	0.05782	−0.033%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05789	+0.088%	$139.8M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05779	−0.085%	$21.1M	$19.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05784	+0.002%	$7.8M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05787	+0.061%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05784	+0.002%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05789	+0.088%	$13.6M	$20.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05781	−0.050%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05782	−0.033%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05783	−0.016%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05785	+0.019%	$235K	$30K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05778	−0.098%	$451K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05786	+0.042%	$285K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05790	+0.105%	$34K	$38K	50x	as long as short
SunX WLFI-USDTshort	+0.0100%	4h	0.05790	+0.105%	$39K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05785	+0.019%	$96	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05783	−0.014%	$174K	$1.0M	10x	as long as short
01 Exchange WLFIUSD	+0.0240%	1h	0.05789	+0.088%	$4K	$319	3x	as long as short
BloFin WLFI-USDT	+0.0240%	4h	0.05793	+0.157%	$4.9M	$102K	75x	as long as short
GMX WLFI/USD [ETH-USDC]long	L +0.0303% / S −0.1371%	1h	0.05784	long leg	$7K	—	100x
Kraken Futures PF_WLFIUSD	+0.0406%	1h	0.05797	+0.226%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0441%	1h	0.05790	+0.105%	$526	$11K	10x	as long as short