Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.037%

Price spread now: Pacifica against BloFin−0.062%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$890.887% of the position

Long on BloFin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$10 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.062%, 7d avg −0.052%

Together, before fees−0.153%+ Points / potential airdropPacifica: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.095% in total (about -5.0% 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	0.05773	0.0340	pay 0.0170% / 4h	1h 30m	$4.8M	$85K	75x
Short	Pacifica WLFI	0.05769	0.0100	get 0.0013% / 1h	30m 02s	$246K	$14K	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 −0.062%Rate

Funding earned: −$50.4
Price spread: −0.062% → −0.052%: −$1.07
Slippage, 4 orders: −$68.74
Fee BloFin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$140.22
Costs to cover: 0.887%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Pacifica: live order book, 13 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, 4 min ago	4.33 bp	11.9 bp −$12	16.7 bp −$167	61.4 bp −$6,135	doesn't fit
Sell Pacifica live order book, 13 min ago	8.69 bp	29.0 bp −$29	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
Coinbase International WLFI-PERP-INTX	−0.0312%	1h	0.05737	−0.624%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.720%	—	—	—	as long as short
dYdX WLFI-USD	+0.0003%	1h	0.05767	−0.107%	$11K	$943	5x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05768	−0.092%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.987%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05765	−0.139%	$1.0M	$461K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05771	−0.042%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05768	−0.078%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05772	−0.014%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05777	+0.069%	$1.6M	$535K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFIshort	+0.0100%	1h	0.05769	−0.062%	$246K	$14K	5x
Binance WLFIUSDT	+0.0100%	4h	0.05778	+0.087%	$139.4M	$42.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05775	+0.035%	$21.0M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05771	−0.035%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05771	−0.035%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05773	0.000%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05778	+0.087%	$13.8M	$20.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05771	−0.035%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05774	+0.017%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05770	−0.052%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05776	+0.052%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05764	−0.147%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05774	+0.013%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−0.052%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	+0.121%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05770	−0.052%	$90	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05768	−0.093%	$173K	$738K	10x	as long as short
01 Exchange WLFIUSD	+0.0296%	1h	0.05773	0.000%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05766	−0.126%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0306%	1h	0.05774	+0.015%	$97K	$90K	20x	as long as short
BloFin WLFI-USDTlong	+0.0340%	4h	0.05773	long leg	$4.8M	$85K	75x
Deribit WLFI_USDC-PERPETUAL	+0.0443%	1h	0.05774	+0.017%	$524	$11K	10x	as long as short