It means "your joking!" or "your kidding!". Suggesting that whatever the person said was unrealistic or just stupid.
Trey: I bet I could get a date with Beyoncé.
Mick: You wellin my nigga!

Kevin: Imma blow the school up.
Daiquawn: You wellin bruh!
by chacha_JOYask February 9, 2014
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