4:10a We are fools for Christ,

We (excl.) are/appear foolish because we work for Christ!
-or-
You think we (excl.) are acting foolishly for the sake of Christ!
-or-
You seem to think that we (excl.) are fools as we (excl.) live for Christ,

4:10b but you are wise in Christ.

But as for you, you think that you are very wise because you belong to Christ.
-or-
How wise you think yourselves now that you have become one/united with Christ!
-or-
but that you are such very wise Christians!

4:10c We are weak,

We (excl.) are/appear powerless,
-or-
You consider us (excl.) to have no authority/power.

4:10d but you are strong.

while you are spiritually strong/influential!
-or-
But as for you, you think that you have much spiritual authority/power.

4:10e You are honored,

People honor/praise you,
-or-
You receive honor/deference/respect
-or-
You think it right for others to respect you

4:10f but we are dishonored.

but they humiliate/despise us (excl.).
-or-
but not us! (excl.)
-or-
while they treat us (excl.) with scorn.

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