Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0277%/8h= +30.3% APRnext payment +$1.38 per $10,000 · paid last 24h −0.052%
Price spread now: Binance against BloFin+0.161%71s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.441%−$44 on $10k
Price spread, last 4 days (all we have)−0.306%−$31 · spread now +0.161%, 7d avg −0.006%
Together, before fees−0.747%−$75 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.168% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.006%. Mind the row above: over the last 7 days funding on this pair cost −0.441%, so the current rate has only just turned in your favour. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WIF-USDT0.2463−0.0177get 0.0088% / 4h1h 40m$1.0M$819K75x
ShortBinance WIFUSDT0.24670.0100get 0.0050% / 4h1h 40m$18.8M$114.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$58.11
Price spread: +0.161% → −0.006%
$16.75
Slippage, 4 orders
−$28.95
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$23.92
Costs to cover
0.509%
Break-even
4.1 days
Slippage from BloFin: live order book, 2 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 2 min ago4.05 bp10.1 bp −$1020.0 bp −$20066.4 bp −$6,640doesn't fit
Sell Binance live order book, 3 min ago2.02 bp10.2 bp −$1028.2 bp −$282102.3 bp −$10.2Kdoesn't fit

WIF on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin WIF-USDTlong−0.0177%4h0.2463long leg$1.0M$819K75x
Backpack WIF_USDC_PERP−0.0093%1h0.2464+0.041%$77K$280K10xas long as short
dYdX WIF-USD0.0000%1h0.2467+0.142%$18K$58910xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2466+0.122%$46K$258K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2466+0.134%$797150xas long as short
Gate WIF_USDT+0.0010%4h0.2465+0.081%$1.2M$7.5M50xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2470+0.284%$11K$10K12xas long as short
Lighter WIF+0.0096%1h0.2468+0.211%$140K$627K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2470+0.284%$57K$497K20xas long as short
Aster WIFUSDT+0.0100%4h0.2467+0.147%$34K$283K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WIF+0.0100%1h0.2467+0.178%$77K$56K5xas long as short
Binance WIFUSDTshort+0.0100%4h0.2467+0.161%$18.8M$114.3M75x
Bybit WIFUSDT+0.0100%4h0.2464+0.053%$16.9M$38.3M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2465+0.081%$5.9M$34.8M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2466+0.122%$22.2M$11.0M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2466+0.122%$4.4M$13.5M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2465+0.081%$7.4M$12.7M50xas long as short
BingX WIF-USDT+0.0100%4h0.2466+0.122%$65.9Mas long as short
Variational Omni WIF+0.0100%4h0.2462−0.060%$75K$69Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2477+0.565%$282K$2.0M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2471+0.325%$42K$630K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2466+0.122%$5K$1.3M10xas long as short
SunX WIF-USDT+0.0100%4h0.2462−0.041%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2467+0.142%$568$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2462−0.041%$166K$691K75xas long as short
Extended WIF-USD+0.0104%1h0.2464+0.054%$11K$155K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2466+0.112%$82K$853xas long as short
Kraken Futures PF_WIFUSD+0.0138%1h0.2467+0.151%$646K$2.3M50xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0158% / S −0.0029%1h0.2466+0.113%$8K100xas long as short
Hyperliquid WIF+0.0286%1h0.2470+0.280%$8.0M$4.7M5xas long as short
Coinbase International WIF-PERP-INTX+0.0312%1h0.2468+0.203%$329K$2.6M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2466+0.105%$015xas long as short