Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%

Price spread now: GRVT against Pacifica−0.030%7-day average +0.062% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$820.824% of the position

Long on Pacifica Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 3 days (all we have)+0.143%+$14 · spread now −0.030%, 7d avg +0.062%

Together, before fees+0.123%+ Points / potential airdropPacifica: Active · GRVT: Active · farm board+$12 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: GRVT is 0.092% cheaper against Pacifica than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLFI	0.05722	0.0100	pay 0.0013% / 1h	43m 34s	$243K	$10K	5x
Short	GRVT WLFI_USDT_Perp	0.05720	0.0100	get 0.0050% / 4h	1h 43m	$276K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0
Price spread: −0.030% → +0.062%: −$9.15
Slippage, 4 orders: −$65.36
Fee Pacifica: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$91.52
Costs to cover: 0.824%
Break-even: never at this rate

Slippage from Pacifica: live order book, 39 min ago; GRVT: 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, 39 min ago	17.48 bp	21.5 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 5 min ago	8.75 bp	21.4 bp −$21	140.8 bp −$1,408	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	−0.0703%	1h	0.05727	+0.097%	$73K	$70K	20x	as long as short
Lighter WLFI	−0.0376%	1h	0.05718	−0.065%	$947K	$374K	5x	as long as short
Aster WLFIUSDT	−0.0294%	4h	0.05727	+0.100%	$1.6M	$568K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	−0.0099%	1h	0.05729	+0.128%	$10K	$624	10x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05729	+0.123%	$11K	$970	5x	as long as short
01 Exchange WLFIUSD	0.0000%	1h	0.05724	+0.040%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.660%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05724	+0.041%	$313	—	150x	as long as short
Paradex WLFI-USD-PERP	+0.0008%	8h	0.05725	+0.056%	$2K	$108	5x	as long as short
Hyperliquid WLFI	+0.0011%	1h	0.05721	−0.007%	$10.5M	$1.2M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLFI-USDT-SWAP	+0.0014%	4h	0.05721	−0.012%	$7.5M	$12.5M	50x	as long as short
ApeX Omni WLFIUSDT	+0.0042%	1h	0.05710	−0.204%	$33K	$41K	50x	as long as short
Injective WLFI/USDC PERP	+0.0082%	1h	0.05716	−0.100%	$6K	$77K	5.5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05722	+0.005%	$79K	$31K	5x	as long as short
Pacifica WLFIlong	+0.0100%	1h	0.05722	long leg	$243K	$10K	5x
Binance WLFIUSDT	+0.0100%	4h	0.05724	+0.040%	$136.9M	$38.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05717	−0.082%	$20.5M	$16.9M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05726	+0.077%	$1K	$10	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05725	+0.058%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05723	+0.023%	$14.8M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05727	+0.093%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05722	+0.005%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05723	+0.023%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05726	+0.075%	$238K	$30K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05715	−0.118%	$442K	$30K	—	as long as short
GRVT WLFI_USDT_Perpshort	+0.0100%	4h	0.05720	−0.030%	$276K	$1.9M	10x
SunX WLFI-USDT	+0.0100%	4h	0.05730	+0.145%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05727	+0.093%	$116	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05721	−0.019%	$132K	$490K	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05725	+0.052%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05719	−0.047%	$4.7M	$76K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0384%	1h	0.05737	+0.267%	$32K	$16K	50x	as long as short