Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0458%/8h= +50.1% APRnext payment +$0.57 per $10,000 · paid last 24h +0.136%
Price spread now: Reya against Hyperliquid−0.194%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Reya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.194% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.194% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 34 hours of funding at the current rate (+$14 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid WIF0.24300.0100pay 0.0013% / 1h21m 31s$7.5M$4.0M5x
ShortReya WIFRUSDPERP0.24260.0558get 0.0070% / 1h21m 31s$015x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Hyperliquid. 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

Funding earned
$96.11
Price spread: −0.194% → 0.000%
−$19.4
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Reya: 3 bp × 2 orders
−$6
Net
$61.7
Costs to cover
0.150%
Break-even
2.5 days
Slippage unknown: Hyperliquid: live order book, 11 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 11 min ago1.24 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Reya no order-book sample
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.

WIF on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack WIF_USDC_PERP−0.0399%1h0.2429−0.058%$72K$248K10xas long as short
dYdX WIF-USD0.0000%1h0.2430−0.032%$18K$58910xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2430−0.008%$16K150xas long as short
KuCoin WIFUSDTM+0.0020%4h0.2425−0.222%$4.3M$11.6M75xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2395−1.457%$10K$10K12xas long as short
Orderly PERP_WIF_USDC+0.0093%4h0.2430−0.016%$5K$1.3M10xas long as short
Lighter WIF+0.0096%1h0.2428−0.095%$136K$571K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2428−0.099%$54K$484K20xas long as short
Hyperliquid WIFlong+0.0100%1h0.2430long leg$7.5M$4.0M5x
Aster WIFUSDT+0.0100%4h0.2428−0.107%$24K$256K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WIF+0.0100%1h0.2428−0.080%$75K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.2428−0.105%$18.1M$103.8M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2427−0.140%$16.7M$36.0M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2426−0.181%$6.0M$32.0M50xas long as short
Gate WIF_USDT+0.0100%4h0.2427−0.140%$1.2M$7.0M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2427−0.140%$21.9M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2429−0.058%$7.5M$11.8M50xas long as short
BingX WIF-USDT+0.0100%4h0.2426−0.181%$65.7Mas long as short
Variational Omni WIF+0.0100%4h0.2419−0.460%$72K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2422−0.356%$275K$1.8M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2418−0.510%$42K$626K25xas long as short
SunX WIF-USDT+0.0100%4h0.2425−0.222%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2430−0.016%$555$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2425−0.222%$168K$744K75xas long as short
Extended WIF-USD+0.0104%1h0.2426−0.200%$10K$153K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2430−0.019%$81K$853xas long as short
Deribit WIF_USDC-PERPETUAL+0.0161%1h0.2432+0.066%$48K$289K25xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0191% / S −0.0138%1h0.2431+0.005%$6K100xas long as short
Coinbase International WIF-PERP-INTX+0.0264%1h0.2429−0.058%$319K$2.4M50xas long as short
Kraken Futures PF_WIFUSD+0.0321%1h0.2432+0.054%$631K$2.2M50xas long as short
BloFin WIF-USDT+0.0340%4h0.2422−0.346%$984K$726K75xas long as short
Reya WIFRUSDPERPshort+0.0558%1h0.2426−0.194%$015x