Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h 0.000%

Price spread now: Gate against Pacifica+0.072%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$790.795% of the position

Long on Pacifica Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.072%, 7d avg +0.001%

Together, before fees−0.073%+ Points / potential airdropPacifica: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.071% dearer against Pacifica than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.001%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLFI	0.05719	0.0100	pay 0.0013% / 1h	23m 18s	$243K	$10K	5x
Short	Gate WLFI_USDT	0.05723	0.0074	get 0.0037% / 4h	1h 23m	$3.4M	$2.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.072%Rate

Funding earned: −$5.46
Price spread: +0.072% → +0.001%: $7.1
Slippage, 4 orders: −$56.45
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$77.82
Costs to cover: 0.795%
Break-even: never at this rate

Slippage from Pacifica: live order book, 60 min ago; Gate: live order book, 5 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, 60 min ago	17.48 bp	21.5 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	3.50 bp	18.9 bp −$19	39.7 bp −$397	68.5 bp −$6,849	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	−0.0704%	1h	0.05724	+0.082%	$73K	$70K	20x	as long as short
Aster WLFIUSDT	−0.0301%	4h	0.05724	+0.086%	$1.6M	$576K	20x	as long as short
Lighter WLFI	−0.0256%	1h	0.05718	−0.016%	$951K	$378K	5x	as long as short
OKX WLFI-USDT-SWAP	−0.0009%	4h	0.05722	+0.054%	$7.5M	$12.5M	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05720	+0.012%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+5.709%	—	—	—	as long as short
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05727	+0.142%	$10K	$624	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05723	+0.071%	$313	—	150x	as long as short
01 Exchange WLFIUSD	+0.0008%	1h	0.05727	+0.142%	$4K	$319	3x	as long as short
Paradex WLFI-USD-PERP	+0.0019%	8h	0.05721	+0.030%	$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
Gate WLFI_USDTshort	+0.0074%	4h	0.05723	+0.072%	$3.4M	$2.8M	75x
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	−0.051%	$6K	$77K	5.5x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05704	−0.264%	$441K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05722	+0.054%	$79K	$31K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05722	+0.054%	$10.5M	$1.2M	5x	as long as short
Pacifica WLFIlong	+0.0100%	1h	0.05719	long leg	$243K	$10K	5x
Binance WLFIUSDT	+0.0100%	4h	0.05725	+0.107%	$137.1M	$38.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05720	+0.019%	$20.6M	$17.1M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05728	+0.159%	$1K	$10	5x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05724	+0.089%	$14.9M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05725	+0.107%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05723	+0.072%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05728	+0.159%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05725	+0.107%	$238K	$29K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05719	−0.003%	$277K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05710	−0.156%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	+0.194%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05726	+0.124%	$120	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05720	+0.018%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05725	+0.100%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05727	+0.142%	$4.7M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.316%	$32K	$16K	50x	as long as short