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: BingX against Bitget−0.126%7-day average −0.139% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$720.716% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.028%+$3 · spread now −0.126%, 7d avg −0.139%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WIFUSDT	0.2377	0.0100	pay 0.0050% / 4h	2h 14m	$7.2M	$11.5M	50x
Short	BingX WIF-USDC	0.2374	0.0100	get 0.0050% / 4h	2h 14m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now −0.126%Rate

Funding earned: $0
Price spread: −0.126% → −0.139%: $1.29
Slippage, 4 orders: −$49.58
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$70.29
Costs to cover: 0.716%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; BingX: 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 Bitget live order book, 4 min ago	2.11 bp	15.0 bp −$15	25.2 bp −$252	72.4 bp −$7,243	doesn't fit
Sell BingX live order book, 3 min ago	2.11 bp	20.7 bp −$21	58.1 bp −$581	319.3 bp −$31.9K	595.2 bp −$297.6K

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	−0.0642%	1h	0.2375	−0.076%	$74K	$235K	10x	as long as short
Injective WIF/USDC PERP	−0.0321%	1h	0.2395	+0.757%	$10K	$10K	12x	as long as short
KuCoin WIFUSDTM	−0.0190%	4h	0.2375	−0.084%	$4.2M	$11.2M	75x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0171%	1h	0.2377	0.000%	$47K	$289K	25x	as long as short
Kraken Futures PF_WIFUSD	−0.0076%	1h	0.2378	+0.035%	$629K	$2.1M	50x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2374	−0.131%	$18K	$582	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2376	−0.033%	$14K	—	150x	as long as short
Variational Omni WIF	+0.0006%	4h	0.2370	−0.278%	$76K	$56K	—	as long as short
Aster WIFUSDT	+0.0041%	4h	0.2375	−0.100%	$23K	$254K	10x	as long as short
GRVT WIF_USDT_Perp	+0.0052%	4h	0.2370	−0.293%	$272K	$1.8M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate WIF_USDT	+0.0062%	4h	0.2375	−0.084%	$1.2M	$6.9M	50x	as long as short
Orderly PERP_WIF_USDC	+0.0090%	4h	0.2376	−0.042%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2377	−0.004%	$132K	$540K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2376	−0.042%	$53K	$483K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2380	+0.126%	$7.4M	$4.0M	5x	as long as short
Pacifica WIF	+0.0100%	1h	0.2375	−0.072%	$75K	$48K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2377	−0.020%	$17.6M	$99.3M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2375	−0.080%	$16.6M	$34.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2376	−0.042%	$6.0M	$30.2M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2376	−0.042%	$21.2M	$10.8M	50x	as long as short
Bitget WIFUSDTlong	+0.0100%	4h	0.2377	long leg	$7.2M	$11.5M	50x
BingX WIF-USDCshort	+0.0100%	4h	0.2374	−0.126%	—	$2.3M	—
ApeX Omni WIFUSDT	+0.0100%	1h	0.2374	−0.126%	$42K	$617K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2373	−0.168%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2377	−0.021%	$541	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2376	−0.042%	$164K	$719K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2376	−0.036%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2376	−0.059%	$79K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0155% / S −0.0782%	1h	0.2377	−0.016%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0272%	1h	0.2380	+0.126%	$312K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2374	−0.126%	$968K	$686K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2376	−0.058%	$0	—	15x	as long as short