Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0458%/8h= −50.1% APRpaid last 24h −0.159%

Price spread now: Aster against Reya+0.063%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Aster

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.063% dearer against Reya than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WIFRUSDPERP	0.2458	0.0558	pay 0.0070% / 1h	3m 55s	$0	—	15x
Short	Aster WIFUSDT	0.2459	0.0100	get 0.0050% / 4h	3m 55s	$24K	$256K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Reya. 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 ReyabpFee AsterbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$96.11
Price spread: +0.063% → 0.000%: $6.29
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$103.82
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Aster: live order book, 8 min ago. Net counts fees only.

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 Reya no order-book sample	—	—	—	—	—
Sell Aster live order book, 8 min ago	6.18 bp	20.6 bp −$21	doesn't fit	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack WIF_USDC_PERP	−0.0392%	1h	0.2457	−0.031%	$75K	$250K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2457	−0.041%	$18K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2461	+0.136%	$48K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2461	+0.118%	$16K	—	150x	as long as short
KuCoin WIFUSDTM	+0.0018%	4h	0.2457	−0.027%	$4.3M	$11.8M	75x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−2.549%	$10K	$10K	12x	as long as short
Orderly PERP_WIF_USDC	+0.0094%	4h	0.2460	+0.095%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2461	+0.120%	$138K	$571K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2459	+0.055%	$54K	$484K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2461	+0.144%	$7.7M	$4.1M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDTshort	+0.0100%	4h	0.2459	+0.063%	$24K	$256K	10x
Pacifica WIF	+0.0100%	1h	0.2455	−0.088%	$76K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2458	+0.014%	$18.5M	$104.4M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2457	−0.039%	$16.9M	$36.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2457	−0.027%	$6.0M	$32.6M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2458	+0.014%	$1.2M	$7.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2457	−0.027%	$22.2M	$10.8M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2458	+0.014%	$7.6M	$11.8M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2456	−0.067%	—	$65.7M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2437	−0.834%	$72K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2435	−0.911%	$276K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2435	−0.922%	$43K	$628K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2456	−0.067%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2459	+0.055%	$565	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2456	−0.067%	$169K	$746K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2456	−0.086%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2460	+0.082%	$82K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2460	+0.085%	$6K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2463	+0.217%	$323K	$2.4M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0317%	1h	0.2461	+0.126%	$638K	$2.2M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2447	−0.434%	$988K	$736K	75x	as long as short
Reya WIFRUSDPERPlong	+0.0558%	1h	0.2458	long leg	$0	—	15x