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 − costs—prices read too far apart to compare
costs, in and out, $10k−$510.511% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WIFUSDT | 0.2367 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $17.5M | $99.2M | 75x |
| Short | BloFin WIF-USDT | 0.2370 | 0.0340 | get 0.0170% / 4h | 2h 31m | $962K | $688K | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 11 min ago | 2.11 bp | 10.0 bp −$10 | 21.8 bp −$218 | 96.8 bp −$9,677 | doesn't fit |
| Sell BloFin live order book, 55 min ago | 4.18 bp | 17.4 bp −$17 | 24.6 bp −$246 | 70.0 bp −$6,996 | 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 | −0.0732% | 1h | 0.2366 | −0.046% | $73K | $234K | 10x | as long as short |
| Injective WIF/USDC PERP | −0.0321% | 1h | 0.2395 | +1.192% | $10K | $10K | 12x | as long as short |
| KuCoin WIFUSDTM | −0.0206% | 4h | 0.2365 | −0.076% | $4.2M | $11.1M | 75x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0172% | 1h | 0.2368 | +0.051% | $46K | $289K | 25x | as long as short |
| Kraken Futures PF_WIFUSD | −0.0077% | 1h | 0.2369 | +0.096% | $623K | $2.1M | 50x | as long as short |
| Variational Omni WIF | −0.0058% | 4h | 0.2374 | +0.322% | $67K | $47K | — | as long as short |
| Gate WIF_USDT | −0.0012% | 4h | 0.2367 | +0.009% | $1.2M | $6.9M | 50x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2369 | +0.086% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2368 | +0.064% | $14K | — | 150x | as long as short |
| Aster WIFUSDT | +0.0007% | 4h | 0.2366 | −0.029% | $23K | $254K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT WIF_USDT_Perp | +0.0038% | 4h | 0.2376 | +0.385% | $265K | $1.8M | 10x | as long as short |
| Orderly PERP_WIF_USDC | +0.0090% | 4h | 0.2367 | +0.009% | $4K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2368 | +0.051% | $131K | $540K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2367 | +0.009% | $52K | $482K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2372 | +0.203% | $7.4M | $4.0M | 5x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2368 | +0.038% | $75K | $48K | 5x | as long as short |
| Binance WIFUSDTlong | +0.0100% | 4h | 0.2367 | long leg | $17.5M | $99.2M | 75x | |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2365 | −0.076% | $16.5M | $34.6M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2367 | +0.009% | $6.0M | $29.9M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2367 | +0.009% | $21.1M | $10.8M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2368 | +0.051% | $7.2M | $11.5M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2364 | −0.118% | — | $2.3M | — | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2372 | +0.220% | $42K | $617K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2364 | −0.118% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2366 | −0.012% | $538 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2366 | −0.034% | $164K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2366 | −0.045% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2366 | −0.015% | $79K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0134% / S −0.0639% | 1h | 0.2368 | +0.052% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0272% | 1h | 0.2376 | +0.389% | $310K | $2.3M | 50x | as long as short |
| BloFin WIF-USDTshort | +0.0340% | 4h | 0.2370 | +0.135% | $962K | $688K | 75x | |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2365 | −0.059% | $0 | — | 15x | as long as short |
Binance WIFUSDT
BloFin WIF-USDT
Backpack WIF_USDC_PERP
Injective WIF/USDC PERP
KuCoin WIFUSDTM
Deribit WIF_USDC-PERPETUAL
Kraken Futures PF_WIFUSD
Variational Omni WIF
Gate WIF_USDT
gTrade (Gains Network) WIF/USD
Aster WIFUSDT
GRVT WIF_USDT_Perp
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Pacifica WIF
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX