WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0458%/8h= −50.1% APRnext payment −$0.57 per $10,000 · paid last 24h −0.136%

Price spread now: Hyperliquid against Reya+0.163%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 Hyperliquid

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 · Hyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Hyperliquid is 0.163% dearer against Reya than usual: you sell high and buy low (spread +0.163% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WIFRUSDPERP	0.2362	0.0558	pay 0.0070% / 1h	49m 26s	$0	—	15x
Short	Hyperliquid WIF	0.2365	0.0100	get 0.0013% / 1h	49m 26s	$7.4M	$4.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.163%Rate

Funding earned: −$96.11
Price spread: +0.163% → 0.000%: $16.32
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$94.78
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 3 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 Hyperliquid live order book, 3 min ago	1.05 bp	13.5 bp −$13	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	−0.0843%	1h	0.2363	+0.078%	$71K	$233K	10x	as long as short
Injective WIF/USDC PERP	−0.0321%	1h	0.2395	+1.416%	$10K	$10K	12x	as long as short
KuCoin WIFUSDTM	−0.0204%	4h	0.2364	+0.103%	$4.3M	$11.0M	75x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0172%	1h	0.2366	+0.188%	$46K	$289K	25x	as long as short
Gate WIF_USDT	−0.0136%	4h	0.2362	+0.018%	$1.2M	$6.9M	50x	as long as short
Variational Omni WIF	−0.0098%	4h	0.2365	+0.125%	$67K	$47K	—	as long as short
Kraken Futures PF_WIFUSD	−0.0077%	1h	0.2366	+0.197%	$619K	$2.1M	50x	as long as short
GRVT WIF_USDT_Perp	−0.0058%	4h	0.2364	+0.084%	$271K	$1.8M	10x	as long as short
Aster WIFUSDT	−0.0023%	4h	0.2365	+0.145%	$23K	$254K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2367	+0.230%	$18K	$582	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2366	+0.207%	$14K	—	150x	as long as short
ApeX Omni WIFUSDT	+0.0009%	1h	0.2366	+0.188%	$42K	$617K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0089%	4h	0.2365	+0.145%	$4K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2364	+0.095%	$131K	$540K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2362	+0.018%	$52K	$483K	20x	as long as short
Hyperliquid WIFshort	+0.0100%	1h	0.2365	+0.163%	$7.4M	$4.0M	5x
Pacifica WIF	+0.0100%	1h	0.2364	+0.104%	$75K	$48K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2362	+0.023%	$17.5M	$99.1M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2361	−0.024%	$16.5M	$34.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2362	+0.018%	$6.0M	$29.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2362	+0.018%	$21.1M	$10.7M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2362	+0.018%	$7.2M	$11.5M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2362	+0.018%	—	$2.3M	—	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2362	+0.018%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2364	+0.090%	$534	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2362	+0.018%	$164K	$716K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2361	−0.010%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2364	+0.095%	$79K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0113% / S −0.0486%	1h	0.2366	+0.185%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0272%	1h	0.2367	+0.230%	$309K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2368	+0.272%	$977K	$688K	75x	as long as short
Reya WIFRUSDPERPlong	+0.0558%	1h	0.2362	long leg	$0	—	15x