Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against SunX−0.141%7-day average −0.176% · you buy dearer than you sell

Net, funding: paid 7d − costs−$242as in the Funding arb table

Net, price: spread back to 7d avg − costs−$239as in the Price arb table

costs, in and out, $10k−$2432.425% 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)−0.247%−$25 · spread now −0.141%, 7d avg −0.176%

Together, before fees−0.238%+ Points / potential airdropExtended: Active · farm board−$24 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 0.035% dearer against SunX than usual: you sell high and buy low, +$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	0.05750	0.0100	pay 0.0050% / 4h	17m 14s	$38K	$1.7M	20x
Short	Extended WLFI-USD	0.05742	0.0104	get 0.0013% / 1h	17m 14s	$133K	$483K	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 −0.141%Rate

Funding earned: $0.84
Price spread: −0.141% → −0.176%: $3.54
Slippage, 4 orders: −$229.55
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$238.16
Costs to cover: 2.425%
Break-even: 1991.7 days

Slippage from SunX: live order book, 8 min ago; Extended: live order book, 40 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, 8 min ago	34.78 bp	94.6 bp −$95	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 40 min ago	2.63 bp	18.1 bp −$18	116.8 bp −$1,168	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
Lighter WLFI	−0.0088%	1h	0.05739	−0.191%	$1.0M	$441K	5x	as long as short
Aster WLFIUSDT	−0.0051%	4h	0.05741	−0.156%	$1.6M	$574K	20x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0048%	1h	0.05737	−0.226%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.141%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05748	−0.035%	$522	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05746	−0.065%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.591%	$6K	$77K	5.5x	as long as short
Variational Omni WLFI	+0.0086%	4h	0.05732	−0.305%	$448K	$40K	—	as long as short
Paradex WLFI-USD-PERP	+0.0087%	8h	0.05734	−0.278%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05741	−0.148%	$81K	$24K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05747	−0.056%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05738	−0.210%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05749	−0.009%	$138.5M	$41.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05745	−0.087%	$21.1M	$18.6M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05745	−0.087%	$7.6M	$12.9M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05741	−0.160%	$7K	$7K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05746	−0.070%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05749	−0.017%	$14.5M	$21.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05747	−0.052%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05746	−0.070%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05722	−0.487%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05750	0.000%	$239K	$26K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05740	−0.174%	$277K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05730	−0.348%	$33K	$38K	50x	as long as short
SunX WLFI-USDTlong	+0.0100%	4h	0.05750	long leg	$38K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05748	−0.035%	$98	$5K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05742	−0.141%	$133K	$483K	10x
01 Exchange WLFIUSD	+0.0128%	1h	0.05746	−0.070%	$4K	$319	3x	as long as short
Kraken Futures PF_WLFIUSD	+0.0148%	1h	0.05748	−0.040%	$99K	$87K	20x	as long as short
dYdX WLFI-USD	+0.0195%	1h	0.05739	−0.192%	$11K	$970	5x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05744	−0.101%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05744	−0.104%	$4.8M	$86K	75x	as long as short