Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.023%

Price spread now: Pacifica against BloFin−0.088%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$950.954% of the position

Long on BloFin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.086%−$9 on $10k

Price spread, last 3 days (all we have)−0.031%−$3 · spread now −0.088%, 7d avg −0.053%

Together, before fees−0.117%+ Points / potential airdropPacifica: Active · farm board−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Pacifica is 0.035% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.053%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.086% in total (about -4.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WLFI-USDT	0.05769	0.0340	pay 0.0170% / 4h	3h 12m	$4.7M	$79K	75x
Short	Pacifica WLFI	0.05764	0.0100	get 0.0013% / 1h	12m 14s	$247K	$13K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against BloFin. 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 BloFinbpFee PacificabpOrdersPrice spread, now −0.088%Rate

Funding earned: −$50.4
Price spread: −0.088% → −0.053%: −$3.5
Slippage, 4 orders: −$75.35
Fee BloFin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$149.25
Costs to cover: 0.954%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Pacifica: live order book, 61 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 BloFin live order book, 6 min ago	2.61 bp	15.6 bp −$16	29.4 bp −$294	doesn't fit	doesn't fit
Sell Pacifica live order book, 61 min ago	8.75 bp	34.2 bp −$34	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	−0.0109%	1h	0.05766	−0.053%	$73K	$49K	20x	as long as short
Lighter WLFI	−0.0008%	1h	0.05758	−0.191%	$994K	$400K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05760	−0.164%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.792%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05767	−0.035%	$523	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05762	−0.116%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.919%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0079%	4h	0.05761	−0.132%	$1.6M	$587K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0090%	8h	0.05763	−0.112%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05763	−0.104%	$80K	$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	0.05762	−0.116%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFIshort	+0.0100%	1h	0.05764	−0.088%	$247K	$13K	5x
Binance WLFIUSDT	+0.0100%	4h	0.05766	−0.052%	$138.2M	$39.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05758	−0.191%	$21.0M	$17.5M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05762	−0.121%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05768	−0.019%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05764	−0.087%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05766	−0.052%	$14.3M	$21.4M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05765	−0.069%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05761	−0.139%	$8.0M	$3.2M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05764	−0.087%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05763	−0.104%	$240K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05752	−0.301%	$442K	$34K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05753	−0.274%	$277K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.156%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.017%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05765	−0.069%	$111	$6K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05761	−0.135%	$133K	$506K	10x	as long as short
01 Exchange WLFIUSD	+0.0128%	1h	0.05766	−0.052%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	−0.555%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05764	−0.085%	$3K	—	100x	as long as short
BloFin WLFI-USDTlong	+0.0340%	4h	0.05769	long leg	$4.7M	$79K	75x