Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.010%

Price spread now: GRVT against Aevo−0.263%49s7-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 GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

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

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.263% cheaper against Aevo than usual: you would sell low and buy high, −$26 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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	0.2495	0.0104	pay 0.0013% / 1h	27m 33s	$83K	$85	3x
Short	GRVT WIF_USDT_Perp	0.2488	0.0100	get 0.0050% / 4h	27m 33s	$282K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.263%Rate

Funding earned: −$0.84
Price spread: −0.263% → 0.000%: −$26.3
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$52.14
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; GRVT: live order book, 1 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 GRVT live order book, 1 min ago	6.02 bp	19.9 bp −$20	58.3 bp −$583	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_PERP	−0.0185%	1h	0.2495	−0.002%	$77K	$291K	10x	as long as short
BloFin WIF-USDT	−0.0181%	4h	0.2488	−0.263%	$996K	$827K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2497	+0.079%	$19K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2497	+0.098%	$807	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−0.985%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2500	+0.226%	$140K	$630K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2500	+0.218%	$57K	$497K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2497	+0.111%	$33K	$284K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2498	+0.156%	$78K	$60K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2499	+0.174%	$18.9M	$118.5M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WIFUSDT	+0.0100%	4h	0.2498	+0.122%	$17.0M	$39.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2498	+0.138%	$6.0M	$36.2M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2498	+0.138%	$1.2M	$7.7M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2498	+0.138%	$23.1M	$11.4M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2497	+0.098%	$4.6M	$14.5M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2498	+0.138%	$7.6M	$13.3M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2498	+0.138%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2485	−0.381%	$76K	$69K	—	as long as short
GRVT WIF_USDT_Perpshort	+0.0100%	4h	0.2488	−0.263%	$282K	$2.3M	10x
ApeX Omni WIFUSDT	+0.0100%	1h	0.2491	−0.143%	$46K	$624K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2495	+0.018%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2490	−0.183%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2495	+0.038%	$581	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2494	−0.022%	$166K	$695K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2500	+0.203%	$9K	$147K	25x	as long as short
Aevo WIF-PERPlong	+0.0104%	1h	0.2495	long leg	$83K	$85	3x
GMX WIF/USD [WBTC.b-USDC]	L +0.0134% / S −0.0013%	1h	0.2497	+0.091%	$8K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0151%	1h	0.2496	+0.058%	$45K	$260K	25x	as long as short
Kraken Futures PF_WIFUSD	+0.0260%	1h	0.2497	+0.085%	$648K	$2.3M	50x	as long as short
Hyperliquid WIF	+0.0304%	1h	0.2503	+0.322%	$8.1M	$4.9M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0328%	1h	0.2495	+0.018%	$328K	$2.7M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2497	+0.101%	$0	—	15x	as long as short