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: MEXC against SunX−0.070%7-day average −0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs−$195as in the Funding arb table

Net, price: spread back to 7d avg − costs−$194as in the Price arb table

costs, in and out, $10k−$1951.945% of the position

Long on SunX Short on MEXC

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)−0.130%−$13 · spread now −0.070%, 7d avg −0.071%

Together, before fees−0.130%−$13 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	0.05730	0.0100	pay 0.0050% / 4h	3h 51m	$38K	$1.7M	20x
Short	MEXC WLFI_USDT	0.05726	0.0100	get 0.0050% / 4h	3h 51m	$14.5M	$21.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.070%Rate

Funding earned: $0
Price spread: −0.070% → −0.071%: $0.08
Slippage, 4 orders: −$186.52
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$194.44
Costs to cover: 1.945%
Break-even: never at this rate

Slippage from SunX: live order book, 4 min ago; MEXC: 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 SunX live order book, 4 min ago	34.90 bp	94.9 bp −$95	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 7 min ago	0.87 bp	0.9 bp −$1	5.5 bp −$55	65.6 bp −$6,564	128.4 bp −$64.2K

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	−0.0144%	1h	0.05720	−0.175%	$971K	$384K	5x	as long as short
Kraken Futures PF_WLFIUSD	−0.0110%	1h	0.05726	−0.075%	$73K	$51K	20x	as long as short
Aster WLFIUSDT	−0.0041%	4h	0.05723	−0.118%	$1.6M	$586K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05725	−0.096%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.504%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05730	0.000%	$520	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05730	0.000%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.244%	$6K	$77K	5.5x	as long as short
01 Exchange WLFIUSD	+0.0048%	1h	0.05728	−0.035%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0081%	8h	0.05728	−0.028%	$2K	$108	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05722	−0.131%	$79K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05722	−0.133%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05725	−0.082%	$246K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05728	−0.027%	$137.2M	$40.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05724	−0.105%	$20.9M	$17.8M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05724	−0.105%	$7.5M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05730	−0.002%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05723	−0.122%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDTshort	+0.0100%	4h	0.05726	−0.070%	$14.5M	$21.4M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05728	−0.035%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05723	−0.122%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05727	−0.052%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05726	−0.070%	$238K	$28K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05718	−0.214%	$443K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05728	−0.028%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05720	−0.175%	$33K	$42K	50x	as long as short
SunX WLFI-USDTlong	+0.0100%	4h	0.05730	long leg	$38K	$1.7M	20x
SoDEX WLFI-USD	+0.0100%	1h	0.05725	−0.087%	$101	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05721	−0.161%	$133K	$509K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	+0.122%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05733	+0.044%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05722	−0.140%	$4.7M	$77K	75x	as long as short