Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0292%/8h= +32.0% APRpaid last 24h −0.045%

Price spread now: Aevo against BloFin−0.125%53s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.397%−$40 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.125% cheaper against BloFin than usual: you would sell low and buy high (spread −0.125% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 34 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.397%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WIF-USDT	0.2502	−0.0188	get 0.0094% / 4h	1h 13m	$785K	$836K	75x
Short	Aevo WIF-PERP	0.2499	0.0104	get 0.0013% / 1h	13m 32s	$83K	$85	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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 BloFinbpFee AevobpOrdersPrice spread, now −0.125%Rate

Funding earned: $61.38
Price spread: −0.125% → 0.000%: −$12.55
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: $20.83
Costs to cover: 0.280%
Break-even: 4.6 days

Slippage unknown: BloFin: live order book, 4 min ago; Aevo: no order-book sample. Net counts fees only.

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 BloFin live order book, 4 min ago	7.98 bp	14.0 bp −$14	23.0 bp −$230	55.8 bp −$5,575	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDTlong	−0.0188%	4h	0.2502	long leg	$785K	$836K	75x
dYdX WIF-USD	0.0000%	1h	0.2497	−0.220%	$19K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2498	−0.160%	$47K	$258K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2498	−0.160%	$807	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−1.279%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2499	−0.112%	$140K	$628K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2497	−0.200%	$57K	$497K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2499	−0.134%	$34K	$283K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2498	−0.161%	$77K	$57K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2498	−0.160%	$19.2M	$115.0M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WIFUSDT	+0.0100%	4h	0.2495	−0.280%	$17.1M	$38.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2497	−0.200%	$6.0M	$35.4M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2498	−0.160%	$1.2M	$7.6M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2496	−0.240%	$22.4M	$11.1M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2496	−0.240%	$4.7M	$13.5M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2497	−0.200%	$7.5M	$12.8M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2498	−0.160%	—	$65.9M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2496	−0.232%	$85K	$272K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2503	+0.040%	$76K	$69K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2503	+0.038%	$285K	$2.1M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2495	−0.280%	$43K	$626K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2499	−0.120%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2493	−0.360%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2499	−0.120%	$574	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2497	−0.200%	$168K	$694K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2496	−0.225%	$9K	$155K	25x	as long as short
Aevo WIF-PERPshort	+0.0104%	1h	0.2499	−0.125%	$83K	$85	3x
Kraken Futures PF_WIFUSD	+0.0136%	1h	0.2500	−0.098%	$656K	$2.3M	50x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0149% / S −0.0023%	1h	0.2498	−0.165%	$8K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2504	+0.080%	$333K	$2.7M	50x	as long as short
Hyperliquid WIF	+0.0330%	1h	0.2502	−0.004%	$8.1M	$4.8M	5x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2497	−0.217%	$0	—	15x	as long as short