Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance0.000%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.009%+$1 · spread now 0.000%, 7d avg −0.002%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WIFUSDT	0.2459	0.0100	pay 0.0050% / 4h	2m 09s	$18.5M	$104.5M	75x
Short	MEXC WIF_USDT	0.2459	0.0100	get 0.0050% / 4h	2m 09s	$22.3M	$10.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.002%: $0.24
Slippage, 4 orders: −$25.97
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$39.72
Costs to cover: 0.400%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 2 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	2.06 bp	12.0 bp −$12	27.3 bp −$273	110.5 bp −$11.1K	doesn't fit
Sell MEXC live order book, 2 min ago	2.03 bp	10.0 bp −$10	25.6 bp −$256	108.2 bp −$10.8K	150.3 bp −$75.1K

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	−0.0391%	1h	0.2457	−0.085%	$75K	$250K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0157%	1h	0.2458	−0.041%	$48K	$289K	25x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2458	−0.059%	$18K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2459	−0.018%	$16K	—	150x	as long as short
KuCoin WIFUSDTM	+0.0018%	4h	0.2456	−0.122%	$4.3M	$11.8M	75x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−2.603%	$10K	$10K	12x	as long as short
Orderly PERP_WIF_USDC	+0.0094%	4h	0.2458	−0.041%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2459	−0.012%	$138K	$571K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2457	−0.081%	$54K	$484K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2462	+0.126%	$7.7M	$4.1M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2459	−0.011%	$24K	$256K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2458	−0.038%	$76K	$51K	5x	as long as short
Binance WIFUSDTlong	+0.0100%	4h	0.2459	long leg	$18.5M	$104.5M	75x
Bybit WIFUSDT	+0.0100%	4h	0.2457	−0.081%	$16.9M	$36.2M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2457	−0.081%	$6.0M	$32.7M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2457	−0.081%	$1.2M	$7.1M	50x	as long as short
MEXC WIF_USDTshort	+0.0100%	4h	0.2459	0.000%	$22.3M	$10.9M	50x
Bitget WIFUSDT	+0.0100%	4h	0.2459	0.000%	$7.6M	$11.8M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2456	−0.122%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2437	−0.888%	$72K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2449	−0.407%	$276K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2449	−0.407%	$43K	$629K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2453	−0.244%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2457	−0.077%	$565	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2453	−0.244%	$169K	$746K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2457	−0.100%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2457	−0.061%	$82K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2459	−0.001%	$6K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2458	−0.041%	$323K	$2.4M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0317%	1h	0.2459	+0.003%	$637K	$2.2M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2456	−0.122%	$986K	$738K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2457	−0.095%	$0	—	15x	as long as short