Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h —

Price spread now: BloFin against Reya−4.458%46s7-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 BloFin

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

Funding pays, the price is against you. BloFin is 4.458% cheaper against Reya than usual: you would sell low and buy high (spread −4.458% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$446 on $10k: about 44 days of funding at the current rate (+$10 a day). The two prices were read 46 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	Reya WLFIRUSDPERP	0.06045	0	get 0.0000% / 1h	26m 27s	—	—	—
Short	BloFin WLFI-USDT	0.05776	0.0340	get 0.0170% / 4h	1h 26m	$4.8M	$84K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −4.458%Rate

Funding earned: $71.4
Price spread: −4.458% → 0.000%: −$445.78
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$392.38
Costs to cover: 0.180%
Break-even: 45.5 days

Slippage unknown: Reya: no order-book sample; BloFin: live order book, 2 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 BloFin live order book, 2 min ago	0.87 bp	11.4 bp −$11	19.9 bp −$199	57.9 bp −$5,791	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.

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
Coinbase International WLFI-PERP-INTX	−0.0312%	1h	0.05737	−5.103%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERPlong	0.0000%	1h	0.06045	long leg	—	—	—
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05778	−4.430%	$316	—	150x	as long as short
dYdX WLFI-USD	+0.0018%	1h	0.05773	−4.507%	$11K	$943	5x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−5.450%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05770	−4.557%	$1.0M	$462K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0100%	8h	0.05774	−4.497%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05778	−4.426%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05778	−4.425%	$10.6M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05778	−4.418%	$1.6M	$535K	20x	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	0.05772	−4.531%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05784	−4.326%	$139.6M	$42.7M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05776	−4.458%	$21.0M	$19.4M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05777	−4.441%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05779	−4.410%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05775	−4.474%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05783	−4.342%	$13.8M	$20.0M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05777	−4.441%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05780	−4.392%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05772	−4.524%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05775	−4.474%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05764	−4.648%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05778	−4.421%	$276K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05770	−4.557%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05780	−4.392%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05771	−4.541%	$88	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05774	−4.484%	$173K	$692K	10x	as long as short
01 Exchange WLFIUSD	+0.0296%	1h	0.05783	−4.342%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05766	−4.622%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0306%	1h	0.05773	−4.513%	$97K	$90K	20x	as long as short
BloFin WLFI-USDTshort	+0.0340%	4h	0.05776	−4.458%	$4.8M	$84K	75x
Deribit WLFI_USDC-PERPETUAL	+0.0443%	1h	0.05775	−4.474%	$524	$11K	10x	as long as short