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

WIF

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0458%/8h= −50.1% APRpaid last 24h −0.137%
Price spread now: BingX against Reya−0.149%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 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 BingX is 0.149% cheaper against Reya than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya WIFRUSDPERP0.24400.0558pay 0.0070% / 1h48m 57s$015x
ShortBingX WIF-USDC0.24360.0100get 0.0050% / 4h3h 48m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
−$96.11
Price spread: −0.149% → 0.000%
−$14.87
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
−$126.98
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; BingX: live order book, 5 min ago. 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 Reya no order-book sample
Sell BingX live order book, 5 min ago6.14 bp23.0 bp −$2365.8 bp −$658317.2 bp −$31.7K807.9 bp −$403.9K
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−0.0634%1h0.2440−0.005%$75K$250K10xas long as short
dYdX WIF-USD0.0000%1h0.2441+0.056%$18K$58910xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2442+0.097%$48K$289K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2442+0.078%$16K150xas long as short
KuCoin WIFUSDTM+0.0004%4h0.2438−0.067%$4.3M$11.9M75xas long as short
Gate WIF_USDT+0.0018%4h0.2440+0.015%$1.2M$7.0M50xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2395−1.829%$10K$10K12xas long as short
Kraken Futures PF_WIFUSD+0.0040%1h0.2443+0.133%$632K$2.2M50xas long as short
ApeX Omni WIFUSDT+0.0063%1h0.2439−0.026%$43K$631K25xas long as short
Orderly PERP_WIF_USDC+0.0095%4h0.2442+0.097%$5K$1.3M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter WIF+0.0096%1h0.2441+0.056%$146K$579K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2440+0.015%$54K$484K20xas long as short
Hyperliquid WIF+0.0100%1h0.2445+0.228%$7.7M$4.1M5xas long as short
Aster WIFUSDT+0.0100%4h0.2442+0.110%$24K$257K10xas long as short
Pacifica WIF+0.0100%1h0.2441+0.055%$75K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.2440+0.027%$18.4M$105.0M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2439−0.026%$16.8M$36.3M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2438−0.067%$6.0M$32.6M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2441+0.056%$22.0M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2441+0.056%$7.5M$11.8M50xas long as short
BingX WIF-USDCshort+0.0100%4h0.2436−0.149%$2.3M
Variational Omni WIF+0.0100%4h0.2440+0.020%$72K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2445+0.219%$278K$1.9M10xas long as short
SunX WIF-USDT+0.0100%4h0.2436−0.149%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2441+0.048%$558$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2437−0.108%$168K$746K75xas long as short
Extended WIF-USD+0.0104%1h0.2439−0.006%$11K$154K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2441+0.058%$81K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0191% / S −0.0138%1h0.2442+0.087%$6K100xas long as short
Coinbase International WIF-PERP-INTX+0.0288%1h0.2442+0.097%$331K$2.4M50xas long as short
BloFin WIF-USDT+0.0340%4h0.2439−0.026%$988K$735K75xas long as short
Reya WIFRUSDPERPlong+0.0558%1h0.2440long leg$015x