Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.2367%/8h= −259.2% APRnext payment −$2.96 per $10,000 · paid last 24h —

Price spread now: Reya against Kraken Futures+5.568%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on Reya

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

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

The price spread pays, funding is against you. Reya is 5.568% dearer against Kraken Futures than usual: you sell high and buy low (spread +5.568% now, against zero (this spread has no 7-day history yet)): +$557 on $10k if it goes back. Holding the pair costs −$71 a day in funding at the current rate, which eats that in about 7.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WLFIUSD	0.05727	0.2367	pay 0.0296% / 1h	21m 51s	$97K	$91K	20x
Short	Reya WLFIRUSDPERP	0.06046	0	get 0.0000% / 1h	21m 51s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Kraken Futures. 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 Kraken FuturesbpFee ReyabpOrdersPrice spread, now +5.568%Rate

Funding earned: −$497.02
Price spread: +5.568% → 0.000%: $556.81
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $43.79
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Kraken Futures: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Kraken Futures 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.

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
Coinbase International WLFI-PERP-INTX	−0.0536%	1h	0.05732	+0.092%	$21K	$27K	50x	as long as short
01 Exchange WLFIUSD	−0.0144%	1h	0.05724	−0.047%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERPshort	0.0000%	1h	0.06046	+5.568%	—	—	—
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05721	−0.098%	$313	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.187%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0091%	1h	0.05718	−0.161%	$11K	$2K	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05722	−0.082%	$1.0M	$474K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05721	−0.107%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05724	−0.056%	$82K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05725	−0.035%	$10.5M	$1.3M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05725	−0.023%	$1.6M	$551K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05719	−0.138%	$244K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05731	+0.075%	$138.2M	$44.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05728	+0.022%	$21.1M	$19.6M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05726	−0.013%	$7.7M	$14.1M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05724	−0.056%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05724	−0.047%	$3.4M	$3.2M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05730	+0.057%	$13.3M	$20.5M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05726	−0.013%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05729	+0.040%	$8.0M	$3.7M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05729	+0.040%	—	$7.5M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05726	−0.013%	$229K	$33K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05695	−0.547%	$444K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05700	−0.465%	$279K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05700	−0.467%	$33K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05730	+0.057%	$38K	$1.8M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05725	−0.030%	$109	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05725	−0.029%	$172K	$1.0M	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0302% / S −0.1371%	1h	0.05715	−0.206%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05717	−0.170%	$4.9M	$103K	75x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0623%	1h	0.05730	+0.057%	$520	$11K	10x	as long as short
Kraken Futures PF_WLFIUSDlong	+0.2367%	1h	0.05727	long leg	$97K	$91K	20x