WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0458%/8h= −50.1% APRnext payment −$0.57 per $10,000 · paid last 24h −0.119%

Price spread now: Hyperliquid against Reya+0.116%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Hyperliquid

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Hyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Hyperliquid is 0.116% dearer against Reya than usual: you sell high and buy low (spread +0.116% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya WIFRUSDPERP	0.2385	0.0558	pay 0.0070% / 1h	34m 25s	$0	—	15x
Short	Hyperliquid WIF	0.2388	0.0100	get 0.0013% / 1h	34m 25s	$8.5M	$6.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.116%Rate

Funding earned: −$96.11
Price spread: +0.116% → 0.000%: $11.59
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$99.52
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 8 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 Hyperliquid live order book, 8 min ago	1.04 bp	12.7 bp −$13	doesn't fit	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.

WIF on 32 venues

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
Deribit WIF_USDC-PERPETUAL	−0.0169%	1h	0.2385	−0.006%	$32K	$274K	25x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2401	+0.665%	$1.0M	$896K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2392	+0.273%	$13K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2387	+0.058%	—	—	150x	as long as short
Backpack WIF_USDC_PERP	+0.0006%	1h	0.2399	+0.569%	$73K	$316K	10x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0093% / S +0.0032%	1h	0.2387	+0.070%	$8K	—	100x	as long as short
Lighter WIF	+0.0096%	1h	0.2393	+0.317%	$144K	$667K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2388	+0.120%	$51K	$569K	20x	as long as short
Hyperliquid WIFshort	+0.0100%	1h	0.2388	+0.116%	$8.5M	$6.2M	5x
Aster WIFUSDT	+0.0100%	4h	0.2389	+0.155%	$29K	$330K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WIF	+0.0100%	1h	0.2390	+0.224%	$75K	$69K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2388	+0.120%	$18.6M	$138.0M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2385	+0.003%	$16.3M	$45.8M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2385	−0.006%	$5.4M	$39.1M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2387	+0.078%	$1.1M	$8.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2387	+0.078%	$21.5M	$12.0M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2389	+0.162%	$3.9M	$15.9M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2385	−0.006%	$7.2M	$15.3M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2388	+0.120%	—	$27.1M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2393	+0.335%	$87K	$174K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2398	+0.531%	$277K	$2.7M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2402	+0.707%	$44K	$627K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2386	+0.036%	$4K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2400	+0.623%	$1K	$3.0M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2402	+0.686%	$554	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2401	+0.665%	$169K	$781K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2389	+0.146%	$8K	$161K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2385	−0.006%	$80K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0249%	1h	0.2402	+0.713%	$634K	$2.5M	50x	as long as short
Coinbase International WIF-PERP-INTX	+0.0416%	1h	0.2402	+0.707%	$321K	$3.0M	50x	as long as short
Reya WIFRUSDPERPlong	+0.0558%	1h	0.2385	long leg	$0	—	15x
Injective WIF/USDC PERP	+0.0707%	1h	0.2398	+0.539%	$10K	$10K	12x	as long as short