Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0123%/8h= +13.4% APRnext payment +$0.15 per $10,000 · paid last 24h +0.195%
Price spread now: Aevo against Backpack+0.138%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.428%+$43 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aevo is 0.138% dearer against Backpack than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack WIF_USDC_PERP0.2462−0.0019get 0.0002% / 1h9m 45s$80K$273K10x
ShortAevo WIF-PERP0.24650.0104get 0.0013% / 1h9m 45s$82K$853x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Backpack. 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

Funding earned
$25.74
Price spread: +0.138% → 0.000%
$13.77
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
$13.51
Costs to cover
0.260%
Break-even
3.3 days
Slippage unknown: Backpack: live order book, 58 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 58 min ago0.41 bp10.1 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
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 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WIF/USDC PERP−0.0783%1h0.2470+0.337%$11K$10K12xas long as short
Kraken Futures PF_WIFUSD−0.0074%1h0.2467+0.202%$640K$2.3M50xas long as short
Gate WIF_USDT−0.0020%4h0.2460−0.069%$1.2M$7.5M50xas long as short
Backpack WIF_USDC_PERPlong−0.0019%1h0.2462long leg$80K$273K10x
dYdX WIF-USD0.0000%1h0.2468+0.239%$18K$58910xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2465+0.134%$48K$266K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2465+0.150%$797150xas long as short
KuCoin WIFUSDTM+0.0078%4h0.2460−0.069%$4.4M$13.2M75xas long as short
Lighter WIF+0.0096%1h0.2462+0.008%$138K$626K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2467+0.215%$57K$496K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_WIF_USDC+0.0100%4h0.2465+0.134%$5K$1.3M10xas long as short
Aster WIFUSDT+0.0100%4h0.2467+0.200%$35K$278K10xas long as short
Pacifica WIF+0.0100%1h0.2471+0.360%$77K$54K5xas long as short
Binance WIFUSDT+0.0100%4h0.2461−0.028%$18.8M$113.2M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2459−0.110%$16.9M$38.4M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2460−0.069%$5.8M$34.7M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2460−0.069%$21.9M$11.2M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2460−0.069%$7.5M$12.5M50xas long as short
BingX WIF-USDC+0.0100%4h0.2465+0.134%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2471+0.381%$75K$70Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2467+0.226%$279K$2.0M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2464+0.093%$42K$629K25xas long as short
SunX WIF-USDT+0.0100%4h0.2462+0.012%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2465+0.154%$567$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2468+0.256%$166K$734K75xas long as short
Extended WIF-USD+0.0104%1h0.2461−0.033%$8K$152K25xas long as short
Aevo WIF-PERPshort+0.0104%1h0.2465+0.138%$82K$853x
GMX WIF/USD [WBTC.b-USDC]L +0.0167% / S −0.0035%1h0.2465+0.149%$8K100xas long as short
Hyperliquid WIF+0.0206%1h0.2465+0.130%$8.0M$4.7M5xas long as short
Coinbase International WIF-PERP-INTX+0.0304%1h0.2468+0.256%$327K$2.5M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2465+0.147%$015xas long as short