WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0290%/8h= −31.8% APRnext payment −$1.45 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against Binance−0.005%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$780.780% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 on $10k

Price spread, last 7 days+0.103%+$10 · spread now −0.005%, 7d avg +0.017%

Together, before fees+0.003%$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.022% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.017%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.101% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WIFUSDT	0.2378	0.0100	pay 0.0050% / 4h	2h 20m	$17.6M	$99.3M	75x
Short	KuCoin WIFUSDTM	0.2378	−0.0190	pay 0.0095% / 4h	2h 20m	$4.2M	$11.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$60.9
Price spread: −0.005% → +0.017%: −$2.17
Slippage, 4 orders: −$56.03
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$141.1
Costs to cover: 0.780%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 3 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, 7 min ago	2.11 bp	12.1 bp −$12	25.9 bp −$259	102.5 bp −$10.2K	doesn't fit
Sell KuCoin live order book, 3 min ago	2.10 bp	22.9 bp −$23	57.2 bp −$572	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	−0.0637%	1h	0.2378	−0.013%	$74K	$235K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0590%	1h	0.2379	+0.037%	$47K	$289K	25x	as long as short
Injective WIF/USDC PERP	−0.0321%	1h	0.2395	+0.710%	$10K	$10K	12x	as long as short
KuCoin WIFUSDTMshort	−0.0190%	4h	0.2378	−0.005%	$4.2M	$11.2M	75x
Kraken Futures PF_WIFUSD	−0.0076%	1h	0.2382	+0.153%	$629K	$2.1M	50x	as long as short
Variational Omni WIF	−0.0011%	4h	0.2382	+0.160%	$67K	$47K	—	as long as short
dYdX WIF-USD	0.0000%	1h	0.2380	+0.074%	$18K	$582	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2380	+0.079%	$15K	—	150x	as long as short
Aster WIFUSDT	+0.0037%	4h	0.2379	+0.019%	$23K	$254K	10x	as long as short
Gate WIF_USDT	+0.0054%	4h	0.2378	−0.005%	$1.2M	$6.9M	50x	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	+0.0054%	4h	0.2379	+0.055%	$273K	$1.8M	10x	as long as short
Orderly PERP_WIF_USDC	+0.0090%	4h	0.2380	+0.079%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2379	+0.058%	$132K	$540K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2379	+0.037%	$53K	$482K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2382	+0.163%	$7.4M	$4.0M	5x	as long as short
Pacifica WIF	+0.0100%	1h	0.2379	+0.055%	$75K	$48K	5x	as long as short
Binance WIFUSDTlong	+0.0100%	4h	0.2378	long leg	$17.6M	$99.3M	75x
Bybit WIFUSDT	+0.0100%	4h	0.2379	+0.037%	$16.7M	$34.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2378	−0.005%	$6.0M	$30.2M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2379	+0.037%	$21.2M	$10.8M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2379	+0.037%	$7.2M	$11.5M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2380	+0.079%	—	$2.3M	—	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2383	+0.206%	$42K	$618K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2376	−0.089%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2379	+0.016%	$542	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2381	+0.121%	$165K	$719K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2377	−0.027%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2379	+0.018%	$79K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0148% / S −0.0732%	1h	0.2379	+0.050%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0272%	1h	0.2381	+0.121%	$312K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2380	+0.079%	$966K	$690K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2378	+0.012%	$0	—	15x	as long as short