Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0367%/8h= +40.2% APRnext payment +$0.46 per $10,000 · paid last 24h +4.042%
Price spread now: Reya against GMX−0.102%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.102% cheaper against GMX than usual: you would sell low and buy high (spread −0.102% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 22 hours of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WIF/USD [WBTC.b-USDC]0.2466L +0.0191% / S −0.0138%pay 0.0024% / 1h37m 06s$6K100x
ShortReya WIFRUSDPERP0.24640.0558get 0.0070% / 1h37m 06s$015x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against GMX. 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

Funding earned
$77.02
Price spread: −0.102% → 0.000%
−$10.24
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$48.78
Costs to cover
0.180%
Break-even
2.6 days
Slippage unknown: GMX: no order-book sample; Reya: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Reya no order-book sample
GMX and Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

WIF on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack WIF_USDC_PERP−0.0381%1h0.2483+0.691%$76K$252K10xas long as short
Gate WIF_USDT−0.0072%4h0.2482+0.643%$1.3M$7.0M50xas long as short
KuCoin WIFUSDTM−0.0004%4h0.2469+0.116%$4.4M$12.0M75xas long as short
dYdX WIF-USD0.0000%1h0.2458−0.346%$18K$58910xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2469+0.116%$48K$289K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2466−0.025%$16K150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2395−2.885%$10K$10K12xas long as short
Kraken Futures PF_WIFUSD+0.0039%1h0.2479+0.522%$651K$2.2M50xas long as short
Orderly PERP_WIF_USDC+0.0095%4h0.2466−0.006%$5K$1.3M10xas long as short
Lighter WIF+0.0096%1h0.2480+0.545%$146K$581K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex WIFUSDT+0.0096%1h0.2461−0.209%$54K$483K20xas long as short
Aster WIFUSDT+0.0100%4h0.2465−0.044%$25K$266K10xas long as short
Pacifica WIF+0.0100%1h0.2459−0.297%$76K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.2482+0.626%$18.7M$105.5M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2482+0.647%$17.1M$36.5M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2483+0.683%$6.0M$33.4M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2483+0.683%$22.4M$10.9M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2483+0.683%$7.7M$11.9M50xas long as short
BingX WIF-USDC+0.0100%4h0.2481+0.602%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2441−1.015%$72K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2450−0.654%$275K$1.9M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2448−0.736%$43K$632K25xas long as short
SunX WIF-USDT+0.0100%4h0.2457−0.371%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2470+0.176%$564$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2470+0.156%$170K$741K75xas long as short
Extended WIF-USD+0.0104%1h0.2467+0.054%$11K$154K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2469+0.095%$82K$853xas long as short
Hyperliquid WIF+0.0139%1h0.2487+0.866%$7.8M$4.1M5xas long as short
GMX WIF/USD [WBTC.b-USDC]longL +0.0191% / S −0.0138%1h0.2466long leg$6K100x
Coinbase International WIF-PERP-INTX+0.0288%1h0.2480+0.562%$328K$2.5M50xas long as short
BloFin WIF-USDT+0.0340%4h0.2474+0.318%$1.0M$740K75xas long as short
Reya WIFRUSDPERPshort+0.0558%1h0.2464−0.102%$015x