Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.008%

Price spread now: Pacifica against BloFin−0.075%94s7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$800.798% of the position

Long on BloFin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 3 days (all we have)−0.148%−$15 · spread now −0.075%, 7d avg −0.057%

Together, before fees−0.224%+ Points / potential airdropPacifica: Active · farm board−$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% 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	0.05717	0.0340	pay 0.0170% / 4h	1h 59m	$4.7M	$74K	75x
Short	Pacifica WLFI	0.05713	0.0100	get 0.0013% / 1h	59m 23s	$243K	$10K	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 −0.075%Rate

Funding earned: −$50.4
Price spread: −0.075% → −0.057%: −$1.79
Slippage, 4 orders: −$59.78
Fee BloFin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$131.97
Costs to cover: 0.798%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Pacifica: live order book, 24 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	2.62 bp	12.3 bp −$12	22.3 bp −$223	135.1 bp −$13.5K	doesn't fit
Sell Pacifica live order book, 24 min ago	17.48 bp	21.5 bp −$21	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
Kraken Futures PF_WLFIUSD	−0.0591%	1h	0.05716	−0.020%	$73K	$88K	20x	as long as short
Aster WLFIUSDT	−0.0268%	4h	0.05713	−0.070%	$1.6M	$568K	20x	as long as short
Lighter WLFI	−0.0184%	1h	0.05708	−0.157%	$942K	$371K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	−0.0100%	1h	0.05717	0.000%	$10K	$624	10x	as long as short
Injective WLFI/USDC PERP	−0.0018%	1h	0.05722	+0.087%	$6K	$64K	5.5x	as long as short
Hyperliquid WLFI	−0.0014%	1h	0.05711	−0.101%	$10.5M	$1.2M	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05712	−0.082%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.747%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05714	−0.060%	$312	—	150x	as long as short
OKX WLFI-USDT-SWAP	+0.0023%	4h	0.05712	−0.087%	$7.5M	$12.4M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex WLFI-USD-PERP	+0.0027%	8h	0.05715	−0.037%	$2K	$108	5x	as long as short
01 Exchange WLFIUSD	+0.0064%	1h	0.05716	−0.017%	$4K	$319	3x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05709	−0.136%	$441K	$30K	—	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05711	−0.096%	$79K	$31K	5x	as long as short
Pacifica WLFIshort	+0.0100%	1h	0.05713	−0.075%	$243K	$10K	5x
Binance WLFIUSDT	+0.0100%	4h	0.05716	−0.017%	$136.7M	$38.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05711	−0.105%	$20.5M	$17.0M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05717	−0.003%	$1K	$10	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05714	−0.052%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05715	−0.035%	$14.9M	$21.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05713	−0.070%	$3.2M	$1.0M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05713	−0.070%	$7.9M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05714	−0.052%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05716	−0.017%	$238K	$31K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05719	+0.031%	$273K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05710	−0.122%	$33K	$41K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05720	+0.052%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05715	−0.035%	$115	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05711	−0.110%	$132K	$490K	10x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0208%	1h	0.05737	+0.350%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05715	−0.028%	$3K	—	100x	as long as short
BloFin WLFI-USDTlong	+0.0340%	4h	0.05717	long leg	$4.7M	$74K	75x