Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h —

Price spread now: Reya against Kraken Futures+4.572%72s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Reya

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

The price spread pays, funding is against you. Reya is 4.572% dearer against Kraken Futures than usual: you sell high and buy low (spread +4.572% now, against zero (this spread has no 7-day history yet)): +$457 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5 months. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WLFIUSD	0.05781	0.0094	pay 0.0012% / 1h	4m 41s	$96K	$130K	20x
Short	Reya WLFIRUSDPERP	0.06045	0	get 0.0000% / 1h	4m 41s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Kraken Futures. 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 Kraken FuturesbpFee ReyabpOrdersPrice spread, now +4.572%Rate

Funding earned: −$19.78
Price spread: +4.572% → 0.000%: $457.2
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $421.42
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 45 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 45 min ago	13.99 bp	34.5 bp −$35	doesn't fit	doesn't fit	doesn'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.

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
01 Exchange WLFIUSD	−0.0816%	1h	0.05787	+0.101%	$4K	$311	3x	as long as short
Coinbase International WLFI-PERP-INTX	−0.0392%	1h	0.05732	−0.850%	$21K	$15K	50x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05782	+0.021%	$8K	$6K	5x	as long as short
Reya WLFIRUSDPERPshort	0.0000%	1h	0.06045	+4.572%	—	—	—
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05781	+0.003%	$316	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−1.127%	$6K	$77K	5.5x	as long as short
Kraken Futures PF_WLFIUSDlong	+0.0094%	1h	0.05781	long leg	$96K	$130K	20x
Lighter WLFI	+0.0096%	1h	0.05775	−0.106%	$1.1M	$479K	5x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0096%	1h	0.05782	+0.015%	$525	$11K	10x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05775	−0.099%	$2K	$118	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WLFI-PERP	+0.0100%	1h	0.05784	+0.048%	$87K	$26K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05778	−0.056%	$10.6M	$931K	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05782	+0.020%	$1.6M	$547K	20x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05780	−0.022%	$247K	$15K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05782	+0.015%	$139.4M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05779	−0.037%	$21.3M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05777	−0.072%	$7.7M	$13.6M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05787	+0.099%	$7K	$10K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05779	−0.037%	$3.5M	$3.2M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05783	+0.032%	$13.1M	$20.9M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05783	+0.032%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05778	−0.055%	$8.0M	$3.6M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05779	−0.037%	—	$7.5M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05781	−0.003%	$232K	$34K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05780	−0.018%	$451K	$33K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05780	−0.020%	$288K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05780	−0.020%	$34K	$37K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05790	+0.153%	$39K	$1.6M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05779	−0.037%	$103	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05776	−0.095%	$174K	$1.0M	10x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0302% / S −0.1371%	1h	0.05774	−0.122%	$7K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05790	+0.153%	$4.9M	$95K	75x	as long as short