Funding arb · Price arb /

WLFI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h —

Price spread now: Aster against Reya−4.310%46s7-day average — · you buy dearer than you sell

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 7 days—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

Funding pays, the price is against you. Aster is 4.310% cheaper against Reya than usual: you would sell low and buy high (spread −4.310% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$431 on $10k: about 5 months of funding at the current rate (+$3 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WLFIRUSDPERP	0.06046	0	get 0.0000% / 1h	57m 41s	—	—	—
Short	Aster WLFIUSDT	0.05785	0.0100	get 0.0050% / 4h	3h 57m	$1.6M	$529K	20x

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 −4.310%Rate

Funding earned: $21
Price spread: −4.310% → 0.000%: −$430.96
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$423.96
Costs to cover: 0.140%
Break-even: 148.3 days

Slippage unknown: Reya: no order-book sample; Aster: live order book, just now. 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, just now	2.59 bp	10.3 bp −$10	36.8 bp −$368	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.

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	−5.189%	$21K	$27K	50x	as long as short
01 Exchange WLFIUSD	−0.0208%	1h	0.05787	−4.279%	$4K	$319	3x	as long as short
Reya WLFIRUSDPERPlong	0.0000%	1h	0.06046	long leg	—	—	—
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05787	−4.279%	$525	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05784	−4.334%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−5.453%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05780	−4.395%	$1.1M	$469K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05782	−4.359%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05786	−4.299%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05782	−4.363%	$10.6M	$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 WLFIUSDTshort	+0.0100%	4h	0.05785	−4.310%	$1.6M	$529K	20x
Pacifica WLFI	+0.0100%	1h	0.05783	−4.353%	$247K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05787	−4.272%	$139.8M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05778	−4.428%	$21.1M	$19.2M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05782	−4.362%	$7.8M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05787	−4.282%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05785	−4.312%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05786	−4.296%	$13.6M	$19.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05788	−4.262%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05782	−4.362%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05790	−4.229%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05785	−4.312%	$235K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05781	−4.383%	$452K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05790	−4.227%	$286K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−4.395%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	−4.229%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05785	−4.312%	$98	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05781	−4.378%	$174K	$1.0M	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05784	−4.325%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05790	−4.229%	$4.9M	$102K	75x	as long as short
dYdX WLFI-USD	+0.0506%	1h	0.05779	−4.408%	$11K	$943	5x	as long as short
Kraken Futures PF_WLFIUSD	+0.2343%	1h	0.05786	−4.302%	$97K	$90K	20x	as long as short