Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0458%/8h= −50.1% APRpaid last 24h −0.142%

Price spread now: Binance against Reya−0.026%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 Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—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

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Binance is 0.026% cheaper against Reya than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WIFRUSDPERP	0.2554	0.0558	pay 0.0070% / 1h	45m 23s	$1	—	15x
Short	Binance WIFUSDT	0.2553	0.0100	get 0.0050% / 4h	45m 23s	$20.8M	$178.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.026%Rate

Funding earned: −$96.11
Price spread: −0.026% → 0.000%: −$2.6
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$114.71
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Binance: live order book, 6 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 Binance live order book, 6 min ago	1.99 bp	12.8 bp −$13	28.2 bp −$282	112.4 bp −$11.2K	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.

WIF 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
BloFin WIF-USDT	−0.0140%	4h	0.2558	+0.163%	$877K	$1.1M	75x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L −0.0122% / S +0.0184%	1h	0.2552	−0.058%	$9K	—	100x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2549	−0.177%	$13K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2553	−0.033%	$34K	$242K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2553	−0.047%	$4K	—	150x	as long as short
Backpack WIF_USDC_PERP	+0.0005%	1h	0.2550	−0.147%	$91K	$381K	10x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2549	−0.190%	$10K	$28K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2551	−0.100%	$131K	$938K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2554	+0.006%	$54K	$609K	20x	as long as short
Orderly PERP_WIF_USDC	+0.0098%	4h	0.2552	−0.072%	$5K	$850K	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WIF	+0.0100%	1h	0.2555	+0.057%	$10.0M	$9.6M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2553	−0.019%	$31K	$408K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2551	−0.103%	$79K	$99K	5x	as long as short
Binance WIFUSDTshort	+0.0100%	4h	0.2553	−0.026%	$20.8M	$178.4M	75x
Bybit WIFUSDT	+0.0100%	4h	0.2552	−0.068%	$17.5M	$60.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2554	+0.006%	$6.3M	$52.6M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2554	+0.006%	$1.2M	$12.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2553	−0.033%	$22.3M	$15.1M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2554	+0.006%	$3.8M	$18.9M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2553	−0.033%	$7.7M	$19.8M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2553	−0.033%	—	$27.7M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2547	−0.274%	$76K	$364K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2550	−0.154%	$292K	$3.5M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2521	−1.286%	$36K	$648K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2548	−0.229%	$1K	$3.2M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2554	+0.006%	$3K	$6K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2548	−0.229%	$159K	$1.0M	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2552	−0.086%	$9K	$271K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2552	−0.072%	$85K	—	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0357%	1h	0.2556	+0.066%	$649K	$3.1M	50x	as long as short
Reya WIFRUSDPERPlong	+0.0558%	1h	0.2554	long leg	$1	—	15x
Coinbase International WIF-PERP-INTX	+0.0600%	1h	0.2555	+0.045%	$343K	$4.0M	50x	as long as short