Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bybit against Pacifica−0.071%7-day average −0.016% · 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−$98as in the Price arb table

costs, in and out, $10k−$930.928% of the position

Long on Pacifica Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.109%−$11 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.071%, 7d avg −0.016%

Together, before fees−0.034%+ Points / potential airdropPacifica: Active · farm board−$3 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: Bybit is 0.055% cheaper against Pacifica than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLFI	0.05744	0.0100	pay 0.0013% / 1h	30m 21s	$246K	$13K	5x
Short	Bybit WLFIUSDT	0.05740	0.0100	get 0.0050% / 4h	30m 21s	$21.0M	$17.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Pacifica. 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 PacificabpFee BybitbpOrdersPrice spread, now −0.071%Rate

Funding earned: $0
Price spread: −0.071% → −0.016%: −$5.5
Slippage, 4 orders: −$73.85
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$98.34
Costs to cover: 0.928%
Break-even: never at this rate

Slippage from Pacifica: live order book, 48 min ago; Bybit: live order book, 3 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 Pacifica live order book, 48 min ago	17.45 bp	33.3 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	0.87 bp	9.2 bp −$9	34.1 bp −$341	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	−0.0433%	1h	0.05750	+0.099%	$73K	$57K	20x	as long as short
Aster WLFIUSDT	−0.0094%	4h	0.05747	+0.043%	$1.6M	$581K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05747	+0.047%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.245%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05746	+0.033%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.489%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0073%	8h	0.05746	+0.029%	$2K	$108	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05739	−0.089%	$964K	$388K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05743	−0.017%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFIlong	+0.0100%	1h	0.05744	long leg	$246K	$13K	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLFIUSDT	+0.0100%	4h	0.05746	+0.027%	$137.6M	$39.5M	75x	as long as short
Bybit WLFIUSDTshort	+0.0100%	4h	0.05740	−0.071%	$21.0M	$17.4M	75x
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05742	−0.037%	$7.5M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05749	+0.077%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05744	−0.002%	$3.5M	$2.9M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05746	+0.033%	$14.9M	$21.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05747	+0.050%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05743	−0.019%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05745	+0.016%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05747	+0.050%	$239K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05741	−0.057%	$445K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05750	+0.098%	$275K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	+0.103%	$33K	$42K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05742	−0.028%	$79K	$26K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	+0.103%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05749	+0.085%	$117	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05742	−0.045%	$133K	$490K	10x	as long as short
01 Exchange WLFIUSD	+0.0128%	1h	0.05746	+0.033%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05744	+0.002%	$3K	—	100x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0272%	1h	0.05751	+0.120%	$522	$11K	10x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05745	+0.016%	$4.7M	$74K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	−0.124%	$32K	$16K	50x	as long as short