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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.053%
Price spread now: BloFin against Binance+0.135%101s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.441%+$44 on $10k
Price spread, last 3 days (all we have)−0.063%−$6 · spread now +0.135%, 7d avg −0.001%
Together, before fees+0.378%+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.136% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WIFUSDT0.23670.0100pay 0.0050% / 4h2h 31m$17.5M$99.2M75x
ShortBloFin WIF-USDT0.23700.0340get 0.0170% / 4h2h 31m$962K$688K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$50.4
Price spread: +0.135% → −0.001%
$13.62
Slippage, 4 orders
−$29.06
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$12.95
Costs to cover
0.511%
Break-even
5.2 days
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago2.11 bp10.0 bp −$1021.8 bp −$21896.8 bp −$9,677doesn't fit
Sell BloFin live order book, 55 min ago4.18 bp17.4 bp −$1724.6 bp −$24670.0 bp −$6,996doesn't fit

WIF on 32 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
Backpack WIF_USDC_PERP−0.0732%1h0.2366−0.046%$73K$234K10xas long as short
Injective WIF/USDC PERP−0.0321%1h0.2395+1.192%$10K$10K12xas long as short
KuCoin WIFUSDTM−0.0206%4h0.2365−0.076%$4.2M$11.1M75xas long as short
Deribit WIF_USDC-PERPETUAL−0.0172%1h0.2368+0.051%$46K$289K25xas long as short
Kraken Futures PF_WIFUSD−0.0077%1h0.2369+0.096%$623K$2.1M50xas long as short
Variational Omni WIF−0.0058%4h0.2374+0.322%$67K$47Kas long as short
Gate WIF_USDT−0.0012%4h0.2367+0.009%$1.2M$6.9M50xas long as short
dYdX WIF-USD0.0000%1h0.2369+0.086%$18K$58210xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2368+0.064%$14K150xas long as short
Aster WIFUSDT+0.0007%4h0.2366−0.029%$23K$254K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT WIF_USDT_Perp+0.0038%4h0.2376+0.385%$265K$1.8M10xas long as short
Orderly PERP_WIF_USDC+0.0090%4h0.2367+0.009%$4K$1.3M10xas long as short
Lighter WIF+0.0096%1h0.2368+0.051%$131K$540K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2367+0.009%$52K$482K20xas long as short
Hyperliquid WIF+0.0100%1h0.2372+0.203%$7.4M$4.0M5xas long as short
Pacifica WIF+0.0100%1h0.2368+0.038%$75K$48K5xas long as short
Binance WIFUSDTlong+0.0100%4h0.2367long leg$17.5M$99.2M75x
Bybit WIFUSDT+0.0100%4h0.2365−0.076%$16.5M$34.6M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2367+0.009%$6.0M$29.9M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2367+0.009%$21.1M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2368+0.051%$7.2M$11.5M50xas long as short
BingX WIF-USDC+0.0100%4h0.2364−0.118%$2.3Mas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2372+0.220%$42K$617K25xas long as short
SunX WIF-USDT+0.0100%4h0.2364−0.118%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2366−0.012%$538$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2366−0.034%$164K$719K75xas long as short
Extended WIF-USD+0.0104%1h0.2366−0.045%$10K$153K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2366−0.015%$79K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0134% / S −0.0639%1h0.2368+0.052%$4K100xas long as short
Coinbase International WIF-PERP-INTX+0.0272%1h0.2376+0.389%$310K$2.3M50xas long as short
BloFin WIF-USDTshort+0.0340%4h0.2370+0.135%$962K$688K75x
Reya WIFRUSDPERP+0.0558%1h0.2365−0.059%$015xas long as short