Funding you earn now, next payment 08:00 UTC−0.0242%/8h= −26.5% APRnext payment −$1.21 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against BingX+0.084%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days+0.367%+$37 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.084%, 7d avg −0.034%
=The price spread pays, funding is against you. BloFin is 0.118% dearer against BingX than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of −0.034%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 39 hours. Mind the row above: over the last 7 days funding on this pair paid +0.367%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WIF-USDT | 0.2384 | 0.0100 | pay 0.0050% / 4h | 2h 22m | — | $27.1M | — |
| Short | BloFin WIF-USDT | 0.2386 | −0.0142 | pay 0.0071% / 4h | 2h 22m | $976K | $899K | 75x |
BingX WIF-USDT
BloFin WIF-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$50.78
- Price spread: +0.084% → −0.034%
- $11.76
- Slippage, 4 orders
- −$38.12
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$99.14
- Costs to cover
- 0.601%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; BloFin: live order book, 4 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 BingX live order book, 16 min ago | 4.19 bp | 12.2 bp −$12 | 19.1 bp −$191 | 68.0 bp −$6,798 | 405.7 bp −$202.9K |
| Sell BloFin live order book, 4 min ago | 6.31 bp | 17.2 bp −$17 | 27.0 bp −$270 | 64.2 bp −$6,423 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WIF-USDTshort | −0.0142% | 4h | 0.2386 | +0.084% | $976K | $899K | 75x | |
| dYdX WIF-USD | 0.0000% | 1h | 0.2383 | −0.058% | $13K | $597 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2391 | +0.309% | — | — | 150x | as long as short |
| Backpack WIF_USDC_PERP | +0.0012% | 1h | 0.2383 | −0.055% | $73K | $317K | 10x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0089% / S +0.0030% | 1h | 0.2391 | +0.302% | $8K | — | 100x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2386 | +0.084% | $145K | $670K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2387 | +0.126% | $51K | $570K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2385 | +0.046% | $8.4M | $6.2M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2385 | +0.045% | $29K | $330K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2387 | +0.109% | $75K | $69K | 5x | as long as short |
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Backpack WIF_USDC_PERP
GMX WIF/USD [WBTC.b-USDC]
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDT
Pacifica WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WIFUSDT | +0.0100% | 4h | 0.2385 | +0.042% | $18.5M | $139.4M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2386 | +0.080% | $16.2M | $46.2M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2386 | +0.084% | $5.4M | $39.4M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2384 | 0.000% | $1.1M | $8.9M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2384 | 0.000% | $21.4M | $12.0M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2381 | −0.126% | $3.9M | $16.0M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2382 | −0.084% | $7.2M | $15.4M | 50x | as long as short |
| BingX WIF-USDTlong | +0.0100% | 4h | 0.2384 | long leg | — | $27.1M | — | |
| Variational Omni WIF | +0.0100% | 4h | 0.2376 | −0.331% | $87K | $174K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2378 | −0.244% | $275K | $2.7M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2377 | −0.294% | $44K | $629K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2391 | +0.294% | $4K | $1.1M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2387 | +0.126% | $2K | $3.0M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2392 | +0.315% | $552 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2388 | +0.168% | $154K | $829K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2383 | −0.048% | $8K | $161K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2392 | +0.317% | $80K | $85 | 3x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.0168% | 1h | 0.2392 | +0.336% | $32K | $274K | 25x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0250% | 1h | 0.2392 | +0.352% | $633K | $2.5M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0416% | 1h | 0.2393 | +0.378% | $319K | $3.0M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2387 | +0.110% | $0 | — | 15x | as long as short |
| Injective WIF/USDC PERP | +0.0707% | 1h | 0.2398 | +0.587% | $10K | $10K | 12x | as long as short |
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
Orderly PERP_WIF_USDC
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
Deribit WIF_USDC-PERPETUAL
Kraken Futures PF_WIFUSD
Coinbase International WIF-PERP-INTX
Reya WIFRUSDPERP
Injective WIF/USDC PERP