WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0569%/8h= −62.3% APRnext payment −$0.71 per $10,000 · paid last 24h −0.200%

Price spread now: Backpack against Aevo−0.249%46s7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.425%−$42 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Backpack is 0.249% cheaper against Aevo than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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	Aevo WIF-PERP	0.2446	0.0104	pay 0.0013% / 1h	43m 25s	$82K	$85	3x
Short	Backpack WIF_USDC_PERP	0.2440	−0.0465	pay 0.0058% / 1h	43m 25s	$74K	$251K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Aevo. 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 AevobpFee BackpackbpOrdersPrice spread, now −0.249%Rate

Funding earned: −$119.55
Price spread: −0.249% → 0.000%: −$24.9
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$170.45
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Backpack: live order book, 30 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 Aevo no order-book sample	—	—	—	—	—
Sell Backpack live order book, 30 min ago	0.21 bp	8.2 bp −$8	doesn't fit	doesn't fit	doesn't fit

Aevo: 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
Backpack WIF_USDC_PERPshort	−0.0465%	1h	0.2440	−0.249%	$74K	$251K	10x
Deribit WIF_USDC-PERPETUAL	−0.0160%	1h	0.2440	−0.229%	$48K	$289K	25x	as long as short
Gate WIF_USDT	−0.0020%	4h	0.2443	−0.106%	$1.2M	$7.0M	50x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2443	−0.122%	$18K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2446	−0.002%	$16K	—	150x	as long as short
KuCoin WIFUSDTM	+0.0008%	4h	0.2441	−0.188%	$4.3M	$11.9M	75x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−2.069%	$10K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0040%	1h	0.2443	−0.097%	$632K	$2.2M	50x	as long as short
Orderly PERP_WIF_USDC	+0.0095%	4h	0.2446	+0.017%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2445	−0.040%	$146K	$580K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex WIFUSDT	+0.0096%	1h	0.2443	−0.106%	$54K	$484K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2443	−0.105%	$24K	$258K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2444	−0.051%	$76K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2445	−0.015%	$18.4M	$105.3M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2445	−0.016%	$16.9M	$36.4M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2444	−0.065%	$6.0M	$32.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2445	−0.024%	$22.0M	$10.9M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2443	−0.106%	$7.5M	$11.9M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2441	−0.188%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2443	−0.101%	$72K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2443	−0.124%	$270K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2443	−0.106%	$43K	$631K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2434	−0.474%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2442	−0.167%	$560	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2440	−0.229%	$168K	$745K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2441	−0.178%	$11K	$154K	25x	as long as short
Aevo WIF-PERPlong	+0.0104%	1h	0.2446	long leg	$82K	$85	3x
Hyperliquid WIF	+0.0148%	1h	0.2447	+0.045%	$7.7M	$4.1M	5x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2446	+0.022%	$6K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2444	−0.065%	$331K	$2.4M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2445	−0.024%	$994K	$737K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2442	−0.162%	$0	—	15x	as long as short