Funding arb · Price arb /

WLFI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h —

Price spread now: Reya against Binance+5.268%7-day average — · you sell dearer than you buy

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

Long on Binance 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 5.268% dearer against Binance than usual: you sell high and buy low (spread +5.268% now, against zero (this spread has no 7-day history yet)): +$527 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WLFIUSDT	0.05743	0.0100	pay 0.0050% / 4h	3h 00m	$137.5M	$39.5M	75x
Short	Reya WLFIRUSDPERP	0.06046	0	get 0.0000% / 1h	0m 51s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Binance. 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 BinancebpFee ReyabpOrdersPrice spread, now +5.268%Rate

Funding earned: −$21
Price spread: +5.268% → 0.000%: $526.75
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $489.75
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Binance: live order book, 12 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 Binance live order book, 12 min ago	0.87 bp	9.7 bp −$10	20.0 bp −$200	102.6 bp −$10.3K	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 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
Kraken Futures PF_WLFIUSD	−0.0110%	1h	0.05743	−0.002%	$73K	$48K	20x	as long as short
Deribit WLFI_USDC-PERPETUAL	−0.0098%	1h	0.05743	0.000%	$521	$11K	10x	as long as short
Lighter WLFI	−0.0024%	1h	0.05736	−0.122%	$991K	$401K	5x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05755	+0.209%	$11K	$970	5x	as long as short
Reya WLFIRUSDPERPshort	0.0000%	1h	0.06046	+5.268%	—	—	—
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05745	+0.038%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.470%	$6K	$77K	5.5x	as long as short
Aster WLFIUSDT	+0.0078%	4h	0.05741	−0.027%	$1.6M	$589K	20x	as long as short
Paradex WLFI-USD-PERP	+0.0088%	8h	0.05744	+0.022%	$2K	$118	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05737	−0.098%	$10.5M	$1.3M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05749	+0.104%	$247K	$13K	5x	as long as short
Binance WLFIUSDTlong	+0.0100%	4h	0.05743	long leg	$137.5M	$39.5M	75x
Bybit WLFIUSDT	+0.0100%	4h	0.05735	−0.139%	$20.8M	$17.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05737	−0.104%	$7.6M	$12.7M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05749	+0.110%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05744	+0.017%	$3.5M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05740	−0.052%	$15.1M	$21.8M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05748	+0.087%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05735	−0.139%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05740	−0.052%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05739	−0.070%	$239K	$27K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05735	−0.131%	$445K	$37K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05770	+0.470%	$278K	$1.8M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	+0.296%	$33K	$40K	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05744	+0.026%	$79K	$24K	5x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	+0.122%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05742	−0.017%	$118	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05733	−0.174%	$133K	$512K	10x	as long as short
01 Exchange WLFIUSD	+0.0112%	1h	0.05746	+0.052%	$4K	$319	3x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0232%	1h	0.05737	−0.104%	$32K	$16K	50x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05744	+0.017%	$3K	—	100x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05742	−0.017%	$4.7M	$78K	75x	as long as short