Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against MEXC+0.174%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$194as in the Funding arb table

Net, price: spread back to 7d avg − costs−$183as in the Price arb table

costs, in and out, $10k−$1941.938% of the position

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.035%−$4 · spread now +0.174%, 7d avg +0.067%

Together, before fees−0.035%−$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: SunX is 0.107% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLFI_USDT	0.05740	0.0100	pay 0.0050% / 4h	2h 38m	$14.9M	$21.7M	100x
Short	SunX WLFI-USDT	0.05750	0.0100	get 0.0050% / 4h	2h 38m	$38K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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 MEXCbpFee SunXbpOrdersPrice spread, now +0.174%Rate

Funding earned: $0
Price spread: +0.174% → +0.067%: $10.72
Slippage, 4 orders: −$185.84
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$183.12
Costs to cover: 1.938%
Break-even: never at this rate

Slippage from MEXC: 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 MEXC live order book, 5 min ago	0.87 bp	0.9 bp −$1	6.6 bp −$66	54.6 bp −$5,456	112.4 bp −$56.2K
Sell SunX live order book, 7 min ago	34.78 bp	97.5 bp −$97	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
Kraken Futures PF_WLFIUSD	−0.0330%	1h	0.05743	+0.060%	$73K	$48K	20x	as long as short
Lighter WLFI	−0.0184%	1h	0.05735	−0.087%	$994K	$405K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0032%	1h	0.05737	−0.052%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05739	−0.010%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.322%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05744	+0.070%	$521	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05742	+0.029%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.418%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0036%	4h	0.05740	−0.003%	$1.6M	$590K	20x	as long as short
01 Exchange WLFIUSD	+0.0048%	1h	0.05742	+0.035%	$4K	$319	3x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex WLFI-USD-PERP	+0.0076%	8h	0.05740	−0.006%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05736	−0.070%	$79K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05738	−0.026%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05743	+0.057%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05743	+0.052%	$137.6M	$39.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05737	−0.052%	$20.9M	$17.6M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05739	−0.017%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05747	+0.115%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05739	−0.017%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDTlong	+0.0100%	4h	0.05740	long leg	$14.9M	$21.7M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05744	+0.070%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05741	+0.017%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05740	0.000%	—	$7.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05745	+0.087%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05736	−0.068%	$444K	$37K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05748	+0.142%	$279K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	+0.174%	$33K	$43K	50x	as long as short
SunX WLFI-USDTshort	+0.0100%	4h	0.05750	+0.174%	$38K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05742	+0.035%	$128	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05737	−0.058%	$133K	$485K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05743	+0.051%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05764	+0.418%	$4.8M	$79K	75x	as long as short