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

WIF

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0514%/8h= −56.2% APRpaid last 24h −0.157%
Price spread now: GRVT against Reya−0.439%64s7-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 · GRVT: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and GRVT is 0.439% cheaper against Reya than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya WIFRUSDPERP0.23820.0558pay 0.0070% / 1h24m 26s$015x
ShortGRVT WIF_USDT_Perp0.23720.0044get 0.0022% / 4h2h 24m$273K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
−$107.87
Price spread: −0.439% → 0.000%
−$43.87
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$166.74
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; GRVT: live order book, 4 min ago. 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 Reya no order-book sample
Sell GRVT live order book, 4 min ago2.11 bp18.9 bp −$1982.9 bp −$829doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack WIF_USDC_PERP−0.0652%1h0.2384+0.052%$74K$235K10xas long as short
Injective WIF/USDC PERP−0.0321%1h0.2395+0.527%$10K$10K12xas long as short
KuCoin WIFUSDTM−0.0198%4h0.2385+0.107%$4.2M$11.2M75xas long as short
Deribit WIF_USDC-PERPETUAL−0.0169%1h0.2385+0.107%$47K$289K25xas long as short
Kraken Futures PF_WIFUSD−0.0076%1h0.2386+0.162%$630K$2.1M50xas long as short
Variational Omni WIF−0.0011%4h0.2382−0.022%$67K$47Kas long as short
dYdX WIF-USD0.0000%1h0.2387+0.190%$18K$58210xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2385+0.117%$15K150xas long as short
Aster WIFUSDT+0.0033%4h0.2387+0.195%$24K$254K10xas long as short
Gate WIF_USDT+0.0036%4h0.2384+0.065%$1.2M$6.9M50xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT WIF_USDT_Perpshort+0.0044%4h0.2372−0.439%$273K$1.8M10x
Orderly PERP_WIF_USDC+0.0090%4h0.2386+0.149%$4K$1.3M10xas long as short
Lighter WIF+0.0096%1h0.2387+0.187%$132K$540K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2384+0.065%$53K$482K20xas long as short
Hyperliquid WIF+0.0100%1h0.2389+0.271%$7.4M$4.0M5xas long as short
Pacifica WIF+0.0100%1h0.2387+0.181%$75K$48K5xas long as short
Binance WIFUSDT+0.0100%4h0.2383+0.037%$17.7M$99.3M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2383+0.023%$16.7M$34.6M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2384+0.065%$6.0M$30.3M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2384+0.065%$21.3M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2383+0.023%$7.2M$11.5M50xas long as short
BingX WIF-USDC+0.0100%4h0.2385+0.107%$2.3Mas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2371−0.481%$42K$618K25xas long as short
SunX WIF-USDT+0.0100%4h0.2381−0.061%$1K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2384+0.086%$543$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2383+0.023%$165K$719K75xas long as short
Extended WIF-USD+0.0104%1h0.2382−0.007%$10K$153K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2384+0.086%$80K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0143% / S −0.0698%1h0.2385+0.118%$4K100xas long as short
Coinbase International WIF-PERP-INTX+0.0272%1h0.2388+0.233%$312K$2.3M50xas long as short
BloFin WIF-USDT+0.0340%4h0.2383+0.023%$975K$690K75xas long as short
Reya WIFRUSDPERPlong+0.0558%1h0.2382long leg$015x