Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%

Price spread now: MEXC against Aster+0.017%7-day average −0.026% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$570.566% of the position

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.010%−$1 on $10k

Price spread, last 4 days (all we have)+0.256%+$26 · spread now +0.017%, 7d avg −0.026%

Together, before fees+0.246%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.044% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WIFUSDT	0.2526	0.0100	pay 0.0050% / 4h	2m 29s	$33K	$288K	10x
Short	MEXC WIF_USDT	0.2526	0.0100	get 0.0050% / 4h	2m 29s	$23.3M	$11.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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 AsterbpFee MEXCbpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → −0.026%: $4.38
Slippage, 4 orders: −$44.61
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$52.23
Costs to cover: 0.566%
Break-even: never at this rate

Slippage from Aster: live order book, 54 min ago; MEXC: live order book, 1 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 Aster live order book, 54 min ago	10.01 bp	18.3 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	1.98 bp	6.6 bp −$7	20.1 bp −$201	117.4 bp −$11.7K	151.6 bp −$75.8K

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
BloFin WIF-USDT	−0.0210%	4h	0.2525	−0.022%	$1.0M	$861K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0023%	1h	0.2523	−0.098%	$77K	$297K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2523	−0.101%	$18K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2526	+0.017%	$816	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−2.200%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2526	+0.021%	$140K	$631K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2530	+0.176%	$55K	$512K	20x	as long as short
Aster WIFUSDTlong	+0.0100%	4h	0.2526	long leg	$33K	$288K	10x
Pacifica WIF	+0.0100%	1h	0.2524	−0.078%	$78K	$61K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2531	+0.206%	$19.4M	$121.0M	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	0.2530	+0.176%	$17.2M	$40.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2531	+0.215%	$6.1M	$37.4M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2527	+0.057%	$1.2M	$7.9M	50x	as long as short
MEXC WIF_USDTshort	+0.0100%	4h	0.2526	+0.017%	$23.3M	$11.5M	50x
KuCoin WIFUSDTM	+0.0100%	4h	0.2523	−0.101%	$4.5M	$14.6M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2532	+0.255%	$7.7M	$13.6M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2532	+0.255%	—	$23.5M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2502	−0.931%	$86K	$79K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2506	−0.788%	$284K	$2.4M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2510	−0.616%	$46K	$626K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2527	+0.057%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2519	−0.260%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2524	−0.062%	$586	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2526	+0.017%	$167K	$703K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2530	+0.187%	$11K	$150K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2527	+0.039%	$84K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0127% / S −0.0008%	1h	0.2526	+0.015%	$8K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0146%	1h	0.2527	+0.057%	$45K	$256K	25x	as long as short
Kraken Futures PF_WIFUSD	+0.0257%	1h	0.2527	+0.041%	$655K	$2.3M	50x	as long as short
Coinbase International WIF-PERP-INTX	+0.0328%	1h	0.2528	+0.096%	$336K	$2.9M	50x	as long as short
Hyperliquid WIF	+0.0348%	1h	0.2529	+0.124%	$8.3M	$5.0M	5x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2532	+0.258%	$1	—	15x	as long as short