Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0126%/8h= −13.8% APRpaid last 24h −0.010%

Price spread now: Aster against ApeX Omni−0.042%99s7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$770.770% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.007%−$1 on $10k

Price spread, last 3 days (all we have)−0.542%−$54 · spread now −0.042%, 7d avg +0.025%

Together, before fees−0.549%+ Points / potential airdropAster: Stage 5 · farm board−$55 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.067% cheaper against ApeX Omni than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.025%). Swap the legs. The two prices were read 99 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	ApeX Omni WIFUSDT	0.2366	0.0100	pay 0.0013% / 1h	49m 53s	$42K	$617K	25x
Short	Aster WIFUSDT	0.2365	−0.0026	pay 0.0013% / 4h	2h 49m	$23K	$254K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$26.44
Price spread: −0.042% → +0.025%: −$6.74
Slippage, 4 orders: −$58.99
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$110.17
Costs to cover: 0.770%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 38 min ago; Aster: live order book, 36 min ago.

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 ApeX Omni live order book, 38 min ago	12.58 bp	20.8 bp −$21	117.2 bp −$1,172	doesn't fit	doesn't fit
Sell Aster live order book, 36 min ago	6.28 bp	15.6 bp −$16	doesn't fit	doesn't fit	doesn't fit

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	−0.0843%	1h	0.2363	−0.110%	$71K	$233K	10x	as long as short
Injective WIF/USDC PERP	−0.0321%	1h	0.2395	+1.226%	$10K	$10K	12x	as long as short
KuCoin WIFUSDTM	−0.0198%	4h	0.2365	−0.042%	$4.5M	$11.0M	75x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0172%	1h	0.2366	0.000%	$46K	$289K	25x	as long as short
Gate WIF_USDT	−0.0138%	4h	0.2364	−0.085%	$1.2M	$6.9M	50x	as long as short
Variational Omni WIF	−0.0098%	4h	0.2365	−0.063%	$67K	$47K	—	as long as short
Kraken Futures PF_WIFUSD	−0.0077%	1h	0.2366	+0.009%	$619K	$2.1M	50x	as long as short
GRVT WIF_USDT_Perp	−0.0062%	4h	0.2371	+0.220%	$272K	$1.8M	10x	as long as short
Aster WIFUSDTshort	−0.0026%	4h	0.2365	−0.042%	$23K	$254K	10x
dYdX WIF-USD	0.0000%	1h	0.2368	+0.085%	$18K	$582	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2366	+0.019%	$14K	—	150x	as long as short
Orderly PERP_WIF_USDC	+0.0089%	4h	0.2365	−0.042%	$4K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2365	−0.051%	$131K	$540K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2366	0.000%	$52K	$483K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2367	+0.061%	$7.4M	$4.0M	5x	as long as short
Pacifica WIF	+0.0100%	1h	0.2367	+0.025%	$75K	$48K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2365	−0.062%	$17.5M	$99.1M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2363	−0.110%	$16.5M	$34.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2364	−0.085%	$6.0M	$29.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2365	−0.042%	$21.1M	$10.7M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2365	−0.042%	$7.2M	$11.5M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2362	−0.169%	—	$2.3M	—	as long as short
ApeX Omni WIFUSDTlong	+0.0100%	1h	0.2366	long leg	$42K	$617K	25x
SunX WIF-USDT	+0.0100%	4h	0.2362	−0.169%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2364	−0.097%	$534	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2362	−0.169%	$164K	$716K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2366	−0.008%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2364	−0.092%	$79K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0113% / S −0.0486%	1h	0.2366	−0.003%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0272%	1h	0.2367	+0.042%	$309K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2368	+0.085%	$977K	$688K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2365	−0.061%	$0	—	15x	as long as short