Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.023%

Price spread now: BloFin against Pacifica+0.052%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$890.890% of the position

Long on Pacifica Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 4 days (all we have)+0.171%+$17 · spread now +0.052%, 7d avg +0.051%

Together, before fees+0.257%+ Points / potential airdropPacifica: Active · farm board+$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.051%, 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 0.086% in total (about 4.5% 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	Pacifica WLFI	0.05740	0.0100	pay 0.0013% / 1h	18m 42s	$246K	$13K	5x
Short	BloFin WLFI-USDT	0.05743	0.0340	get 0.0170% / 4h	18m 42s	$4.8M	$86K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.052%Rate

Funding earned: $50.4
Price spread: +0.052% → +0.051%: $0.17
Slippage, 4 orders: −$69.03
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$38.46
Costs to cover: 0.890%
Break-even: 12.3 days

Slippage from Pacifica: live order book, 39 min ago; BloFin: 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	8.76 bp	30.0 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	2.61 bp	15.4 bp −$15	26.9 bp −$269	67.9 bp −$6,789	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	0.05728	−0.209%	$1.0M	$440K	5x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0048%	1h	0.05737	−0.052%	$32K	$15K	50x	as long as short
Aster WLFIUSDT	−0.0045%	4h	0.05733	−0.122%	$1.6M	$574K	20x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06046	+5.323%	—	—	—	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05737	−0.060%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.418%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0086%	8h	0.05737	−0.050%	$2K	$118	5x	as long as short
Variational Omni WLFI	+0.0086%	4h	0.05732	−0.132%	$448K	$40K	—	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0099%	1h	0.05739	−0.017%	$521	$11K	10x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05738	−0.035%	$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	0.05729	−0.183%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFIlong	+0.0100%	1h	0.05740	long leg	$246K	$13K	5x
Binance WLFIUSDT	+0.0100%	4h	0.05735	−0.085%	$138.1M	$40.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05729	−0.192%	$21.0M	$18.6M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05729	−0.192%	$7.6M	$12.8M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05739	−0.023%	$7K	$7K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05735	−0.087%	$3.4M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05737	−0.052%	$13.7M	$21.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05735	−0.087%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05734	−0.105%	$8.0M	$3.3M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05738	−0.035%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05734	−0.105%	$238K	$26K	10x	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05739	−0.011%	$279K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05740	0.000%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	+0.174%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05738	−0.035%	$101	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05730	−0.175%	$134K	$480K	10x	as long as short
01 Exchange WLFIUSD	+0.0128%	1h	0.05741	+0.017%	$4K	$319	3x	as long as short
Kraken Futures PF_WLFIUSD	+0.0148%	1h	0.05740	−0.001%	$99K	$87K	20x	as long as short
dYdX WLFI-USD	+0.0163%	1h	0.05729	−0.184%	$11K	$970	5x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05735	−0.085%	$3K	—	100x	as long as short
BloFin WLFI-USDTshort	+0.0340%	4h	0.05743	+0.052%	$4.8M	$86K	75x