WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.96 per $10,000 · paid last 24h −0.018%

Price spread now: KuCoin against Bitget−0.125%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$820.822% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.147%−$15 on $10k

Price spread, last 7 days+0.170%+$17 · spread now −0.125%, 7d avg −0.038%

Together, before fees+0.022%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.086% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.038%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WIFUSDT	0.2404	0.0100	pay 0.0050% / 4h	1h 36m	$7.4M	$11.7M	50x
Short	KuCoin WIFUSDTM	0.2401	−0.0092	pay 0.0046% / 4h	1h 36m	$4.2M	$11.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.125%Rate

Funding earned: −$40.32
Price spread: −0.125% → −0.038%: −$8.64
Slippage, 4 orders: −$58.22
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$131.18
Costs to cover: 0.822%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; KuCoin: 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 Bitget live order book, 2 min ago	2.08 bp	14.0 bp −$14	29.8 bp −$298	114.6 bp −$11.5K	doesn't fit
Sell KuCoin live order book, 2 min ago	4.16 bp	17.7 bp −$18	55.7 bp −$557	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	−0.0240%	1h	0.2405	+0.025%	$76K	$239K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0166%	1h	0.2405	+0.042%	$47K	$289K	25x	as long as short
KuCoin WIFUSDTMshort	−0.0092%	4h	0.2401	−0.125%	$4.2M	$11.4M	75x
dYdX WIF-USD	0.0000%	1h	0.2406	+0.067%	$18K	$582	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2404	+0.017%	$15K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−0.374%	$10K	$10K	12x	as long as short
Orderly PERP_WIF_USDC	+0.0092%	4h	0.2403	−0.042%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2406	+0.075%	$135K	$548K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2403	−0.042%	$53K	$483K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2405	+0.046%	$7.5M	$4.0M	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	0.2403	−0.046%	$25K	$255K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2405	+0.037%	$76K	$49K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2403	−0.056%	$17.9M	$100.6M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2403	−0.054%	$16.7M	$35.0M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2401	−0.125%	$6.0M	$31.0M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2403	−0.042%	$1.2M	$6.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2402	−0.083%	$21.5M	$10.6M	50x	as long as short
Bitget WIFUSDTlong	+0.0100%	4h	0.2404	long leg	$7.4M	$11.7M	50x
BingX WIF-USDC	+0.0100%	4h	0.2400	−0.166%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2420	+0.675%	$70K	$67K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2411	+0.290%	$274K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2415	+0.458%	$42K	$617K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2400	−0.166%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2405	+0.033%	$555	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2406	+0.083%	$167K	$718K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2402	−0.100%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2405	+0.033%	$80K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0202% / S −0.1115%	1h	0.2403	−0.037%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2408	+0.166%	$315K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2403	−0.042%	$973K	$705K	75x	as long as short
Kraken Futures PF_WIFUSD	+0.0376%	1h	0.2408	+0.164%	$628K	$2.1M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2401	−0.117%	$0	—	15x	as long as short