Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h —

Price spread now: gTrade (Gains Network) against Reya−4.005%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 gTrade (Gains Network)

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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 4.005% cheaper against Reya than usual: you would sell low and buy high, −$400 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WLFIRUSDPERP	0.06046	0	get 0.0000% / 1h	23m 25s	—	—	—
Short	gTrade (Gains Network) WLFI/USD	0.05803	L +0.0005% / S −0.0005%	get 0.0001% / 1h	23m 25s	$317	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −4.005%Rate

Funding earned: $0.98
Price spread: −4.005% → 0.000%: −$400.48
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$415.5
Costs to cover: 0.160%
Break-even: 2981.8 days

Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): 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 Reya no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Reya and gTrade (Gains Network): 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
Reya WLFIRUSDPERPlong	0.0000%	1h	0.06046	long leg	—	—	—
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05805	−3.980%	$527	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USDshort	L +0.0005% / S −0.0005%	1h	0.05803	−4.005%	$317	—	150x
dYdX WLFI-USD	+0.0015%	1h	0.05804	−3.990%	$11K	$970	5x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−5.452%	$6K	$77K	5.5x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0048%	1h	0.05737	−5.105%	$32K	$15K	50x	as long as short
Lighter WLFI	+0.0056%	1h	0.05798	−4.096%	$1.0M	$450K	5x	as long as short
Aster WLFIUSDT	+0.0073%	4h	0.05800	−4.057%	$1.6M	$577K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0097%	8h	0.05801	−4.053%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05801	−4.046%	$82K	$24K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05803	−4.021%	$10.6M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05801	−4.043%	$249K	$13K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05802	−4.025%	$139.9M	$41.8M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05805	−3.980%	$21.1M	$19.1M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05800	−4.063%	$7.7M	$13.3M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05804	−4.000%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05803	−4.013%	$3.5M	$3.0M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05809	−3.914%	$13.5M	$20.7M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05807	−3.947%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05805	−3.980%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05801	−4.046%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05804	−3.996%	$241K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05801	−4.039%	$453K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05800	−4.063%	$282K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05790	−4.228%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05810	−3.897%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05803	−4.013%	$104	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05799	−4.081%	$136K	$480K	10x	as long as short
01 Exchange WLFIUSD	+0.0160%	1h	0.05804	−3.996%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0298% / S −0.1279%	1h	0.05803	−4.015%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0338%	1h	0.05808	−3.923%	$100K	$87K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05806	−3.963%	$4.8M	$88K	75x	as long as short