Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h —

Price spread now: OKX against Reya−4.045%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 OKX

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. OKX is 4.045% cheaper against Reya than usual: you would sell low and buy high (spread −4.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$404 on $10k: about 4 months of funding at the current rate (+$3 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	55m 26s	—	—	—
Short	OKX WLFI-USDT-SWAP	0.05801	0.0100	get 0.0050% / 4h	1h 55m	$7.7M	$13.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −4.045%Rate

Funding earned: $21
Price spread: −4.045% → 0.000%: −$404.48
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$399.48
Costs to cover: 0.160%
Break-even: 140.2 days

Slippage unknown: Reya: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago	1.72 bp	10.5 bp −$11	19.5 bp −$195	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 exchanges

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	−0.0384%	1h	0.05732	−5.186%	$21K	$15K	50x	as long as short
dYdX WLFI-USD	−0.0246%	1h	0.05799	−4.084%	$6K	$11K	5x	as long as short
Reya WLFIRUSDPERPlong	0.0000%	1h	0.06046	long leg	—	—	—
Deribit WLFI_USDC-PERPETUAL	0.0000%	1h	0.05806	−3.962%	$527	$11K	10x	as long as short
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05803	−4.011%	$317	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−5.451%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05795	−4.144%	$1.1M	$450K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05796	−4.120%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05799	−4.070%	$90K	$27K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05801	−4.037%	$10.6M	$939K	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WLFIUSDT	+0.0100%	4h	0.05805	−3.972%	$1.6M	$549K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05800	−4.061%	$248K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05807	−3.946%	$140.0M	$43.0M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05807	−3.946%	$21.6M	$19.5M	75x	as long as short
OKX WLFI-USDT-SWAPshort	+0.0100%	4h	0.05801	−4.045%	$7.7M	$13.7M	50x
Arcus WLFI-USD	+0.0100%	1h	0.05804	−3.998%	$7K	$10K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05801	−4.045%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05808	−3.929%	$12.8M	$20.1M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05807	−3.946%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05803	−4.012%	$8.0M	$3.6M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05808	−3.929%	—	$2.3M	—	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05812	−3.863%	$453K	$33K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05812	−3.860%	$281K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05800	−4.061%	$34K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05810	−3.896%	$39K	$1.6M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05800	−4.061%	$100	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05798	−4.101%	$175K	$1.0M	10x	as long as short
01 Exchange WLFIUSD	+0.0192%	1h	0.05800	−4.061%	$4K	$335	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05804	−4.003%	$7K	—	100x	as long as short
Backpack WLFI_USDC_PERP	+0.0314%	1h	0.05801	−4.045%	$233K	$34K	10x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05808	−3.929%	$4.9M	$95K	75x	as long as short
Kraken Futures PF_WLFIUSD	+0.0486%	1h	0.05810	−3.894%	$97K	$130K	20x	as long as short