Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0155%/8h= −16.9% APRpaid last 24h −0.052%

Price spread now: Aster against Pacifica−0.003%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

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

costs, in and out, $10k−$750.746% of the position

Long on Pacifica Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.322%−$32 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.003%, 7d avg −0.028%

Together, before fees−0.341%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.025% dearer against Pacifica than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.028%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLFI	0.05714	0.0100	pay 0.0013% / 1h	42m 27s	$245K	$13K	5x
Short	Aster WLFIUSDT	0.05713	−0.0055	pay 0.0027% / 4h	42m 27s	$1.6M	$575K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$32.48
Price spread: −0.003% → −0.028%: $2.53
Slippage, 4 orders: −$58.63
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$104.58
Costs to cover: 0.746%
Break-even: never at this rate

Slippage from Pacifica: live order book, 16 min ago; Aster: live order book, 1 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, 16 min ago	8.76 bp	30.0 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	1.75 bp	10.1 bp −$10	38.2 bp −$382	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
Lighter WLFI	−0.0072%	1h	0.05709	−0.081%	$1.0M	$437K	5x	as long as short
Aster WLFIUSDTshort	−0.0055%	4h	0.05713	−0.003%	$1.6M	$575K	20x
Coinbase International WLFI-PERP-INTX	−0.0048%	1h	0.05737	+0.410%	$32K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05716	+0.033%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.809%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05715	+0.029%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	+0.042%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0083%	8h	0.05712	−0.032%	$2K	$118	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0100%	1h	0.05718	+0.077%	$519	$11K	10x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05713	−0.002%	$81K	$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	0.05713	−0.011%	$10.4M	$1.3M	5x	as long as short
Pacifica WLFIlong	+0.0100%	1h	0.05714	long leg	$245K	$13K	5x
Binance WLFIUSDT	+0.0100%	4h	0.05719	+0.087%	$137.6M	$40.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05710	−0.063%	$20.8M	$18.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05713	−0.011%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05720	+0.121%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05714	+0.007%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05717	+0.060%	$13.7M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05716	+0.042%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05713	−0.011%	$7.9M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05714	+0.007%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05715	+0.025%	$238K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05708	−0.099%	$446K	$41K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05713	−0.006%	$274K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05710	−0.063%	$33K	$39K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.112%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05717	+0.060%	$108	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05712	−0.026%	$133K	$486K	10x	as long as short
01 Exchange WLFIUSD	+0.0112%	1h	0.05718	+0.077%	$4K	$319	3x	as long as short
Kraken Futures PF_WLFIUSD	+0.0149%	1h	0.05717	+0.067%	$99K	$87K	20x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05714	+0.014%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05718	+0.077%	$4.8M	$84K	75x	as long as short