Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h —

Price spread now: Extended against Reya−4.993%48s7-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 Extended

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 · Extended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 4.993% cheaper against Reya than usual: you would sell low and buy high (spread −4.993% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$499 on $10k: about 5 months of funding at the current rate (+$3 a day). The two prices were read 48 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	41m 37s	—	—	—
Short	Extended WLFI-USD	0.05743	0.0104	get 0.0013% / 1h	41m 37s	$133K	$490K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −4.993%Rate

Funding earned: $21.84
Price spread: −4.993% → 0.000%: −$499.29
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$488.45
Costs to cover: 0.110%
Break-even: 163.6 days

Slippage unknown: Reya: no order-book sample; Extended: live order book, 36 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 Extended live order book, 36 min ago	4.36 bp	21.1 bp −$21	86.6 bp −$866	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.

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	−0.0434%	1h	0.05749	−4.905%	$73K	$59K	20x	as long as short
Aster WLFIUSDT	−0.0129%	4h	0.05751	−4.864%	$1.6M	$581K	20x	as long as short
dYdX WLFI-USD	0.0000%	1h	0.05752	−4.857%	$11K	$970	5x	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	0.05749	−4.909%	$314	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−5.447%	$6K	$77K	5.5x	as long as short
Paradex WLFI-USD-PERP	+0.0066%	8h	0.05750	−4.885%	$2K	$108	5x	as long as short
Lighter WLFI	+0.0072%	1h	0.05742	−5.017%	$964K	$387K	5x	as long as short
OKX WLFI-USDT-SWAP	+0.0085%	4h	0.05746	−4.951%	$7.5M	$12.7M	50x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05744	−4.976%	$79K	$27K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WLFI	+0.0100%	1h	0.05745	−4.968%	$10.5M	$1.3M	5x	as long as short
Pacifica WLFI	+0.0100%	1h	0.05749	−4.901%	$244K	$10K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05753	−4.842%	$137.8M	$39.5M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05748	−4.918%	$21.0M	$17.4M	75x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05752	−4.852%	$1K	$753	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05748	−4.918%	$3.4M	$2.8M	75x	as long as short
MEXC WLFI_USDT	+0.0100%	4h	0.05750	−4.885%	$14.9M	$21.2M	100x	as long as short
KuCoin WLFIUSDTM	+0.0100%	4h	0.05753	−4.835%	$3.3M	$1.1M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05749	−4.901%	$8.0M	$3.1M	75x	as long as short
BingX WLFI-USDT	+0.0100%	4h	0.05745	−4.968%	—	$7.2M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05747	−4.934%	$239K	$29K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05750	−4.888%	$445K	$31K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05750	−4.885%	$275K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05750	−4.885%	$33K	$42K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05750	−4.885%	$38K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05748	−4.918%	$116	$5K	5x	as long as short
Extended WLFI-USDshort	+0.0104%	1h	0.05743	−4.993%	$133K	$490K	10x
01 Exchange WLFIUSD	+0.0136%	1h	0.05750	−4.885%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0252% / S −0.0496%	1h	0.05745	−4.961%	$3K	—	100x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0272%	1h	0.05751	−4.868%	$522	$11K	10x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05758	−4.752%	$4.7M	$72K	75x	as long as short
Coinbase International WLFI-PERP-INTX	+0.0368%	1h	0.05737	−5.100%	$32K	$16K	50x	as long as short