Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.045%

Price spread now: BloFin against Aevo−0.061%53s7-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 BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.397%+$40 on $10k

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

Together, before fees—needs both histories

Funding pays, the price is against you. BloFin is 0.061% cheaper against Aevo than usual: you would sell low and buy high (spread −0.061% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 21 hours of funding at the current rate (+$7 a day). The two prices were read 53 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	0.2457	0.0104	pay 0.0013% / 1h	2m 14s	$82K	$85	3x
Short	BloFin WIF-USDT	0.2456	0.0340	get 0.0170% / 4h	2m 14s	$986K	$738K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.061%Rate

Funding earned: $49.56
Price spread: −0.061% → 0.000%: −$6.1
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee BloFin: 6 bp × 2 orders: −$12
Net: $15.46
Costs to cover: 0.280%
Break-even: 4.8 days

Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 10 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 BloFin live order book, 10 min ago	4.12 bp	10.1 bp −$10	11.9 bp −$119	42.4 bp −$4,243	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_PERP	−0.0391%	1h	0.2457	−0.024%	$75K	$250K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0157%	1h	0.2458	+0.020%	$48K	$289K	25x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2458	+0.002%	$18K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2459	+0.043%	$16K	—	150x	as long as short
KuCoin WIFUSDTM	+0.0018%	4h	0.2456	−0.061%	$4.3M	$11.8M	75x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−2.543%	$10K	$10K	12x	as long as short
Orderly PERP_WIF_USDC	+0.0094%	4h	0.2458	+0.020%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2459	+0.049%	$138K	$571K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2457	−0.020%	$54K	$484K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2462	+0.187%	$7.7M	$4.1M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2459	+0.050%	$24K	$256K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2458	+0.023%	$76K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2459	+0.061%	$18.5M	$104.5M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2457	−0.020%	$16.9M	$36.2M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2457	−0.020%	$6.0M	$32.7M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2457	−0.020%	$1.2M	$7.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2459	+0.061%	$22.3M	$10.9M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2459	+0.061%	$7.6M	$11.8M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2456	−0.061%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2437	−0.827%	$72K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2449	−0.346%	$276K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2449	−0.346%	$43K	$629K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2453	−0.183%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2457	−0.016%	$565	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2453	−0.183%	$169K	$746K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2457	−0.039%	$10K	$153K	25x	as long as short
Aevo WIF-PERPlong	+0.0104%	1h	0.2457	long leg	$82K	$85	3x
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2459	+0.060%	$6K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2458	+0.020%	$323K	$2.4M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0317%	1h	0.2459	+0.064%	$637K	$2.2M	50x	as long as short
BloFin WIF-USDTshort	+0.0340%	4h	0.2456	−0.061%	$986K	$738K	75x
Reya WIFRUSDPERP	+0.0558%	1h	0.2457	−0.034%	$0	—	15x	as long as short