Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0129%/8h= +14.1% APRpaid last 24h —

Price spread now: BloFin against Reya−4.675%7-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 BloFin

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

Funding pays, the price is against you. BloFin is 4.675% cheaper against Reya than usual: you would sell low and buy high (spread −4.675% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$467 on $10k: about 4 months of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WLFIRUSDPERP	0.06046	0	get 0.0000% / 1h	20m 40s	—	—	—
Short	BloFin WLFI-USDT	0.05763	0.0129	get 0.0064% / 4h	20m 40s	$4.9M	$91K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −4.675%Rate

Funding earned: $27.07
Price spread: −4.675% → 0.000%: −$467.48
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$458.41
Costs to cover: 0.180%
Break-even: 125.6 days

Slippage unknown: Reya: no order-book sample; BloFin: 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 BloFin live order book, 3 min ago	1.73 bp	15.1 bp −$15	19.2 bp −$192	70.5 bp −$7,053	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	−0.0328%	1h	0.05732	−5.188%	$21K	$27K	50x	as long as short
Reya WLFIRUSDPERPlong	0.0000%	1h	0.06046	long leg	—	—	—
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05758	−4.765%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−5.452%	$6K	$77K	5.5x	as long as short
dYdX WLFI-USD	+0.0083%	1h	0.05759	−4.733%	$11K	$943	5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05750	−4.890%	$1.0M	$467K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05753	−4.838%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05756	−4.793%	$81K	$23K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05754	−4.832%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05756	−4.794%	$1.6M	$533K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05756	−4.796%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05760	−4.724%	$139.1M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05751	−4.873%	$21.0M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05756	−4.791%	$7.7M	$13.4M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05759	−4.743%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05755	−4.807%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05760	−4.724%	$13.6M	$19.9M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05758	−4.757%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05755	−4.807%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05750	−4.890%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05757	−4.774%	$233K	$31K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05751	−4.865%	$449K	$39K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05776	−4.452%	$282K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−4.724%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	−4.559%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05759	−4.741%	$82	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05752	−4.849%	$176K	$1.0M	10x	as long as short
BloFin WLFI-USDTshort	+0.0129%	4h	0.05763	−4.675%	$4.9M	$91K	75x
01 Exchange WLFIUSD	+0.0272%	1h	0.05762	−4.691%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05756	−4.799%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0407%	1h	0.05775	−4.481%	$97K	$90K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0445%	1h	0.05762	−4.691%	$523	$11K	10x	as long as short