Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.044%
Price spread now: Bitget against BloFin+0.209%55s7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$640.637% of the position
Funding, last 7 days−0.395%−$39 on $10k
+Price spread, last 3 days (all we have)−0.234%−$23 · spread now +0.209%, 7d avg +0.057%
=The price spread pays, funding is against you. Bitget is 0.152% dearer against BloFin than usual: you sell high and buy low (spread +0.209% now, against its 7-day average of +0.057%): +$15 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.1 days. The two prices were read 55 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 | 0.2388 | 0.0340 | pay 0.0170% / 4h | 1h 52m | $965K | $701K | 75x |
| Short | Bitget WIFUSDT | 0.2393 | 0.0100 | get 0.0050% / 4h | 1h 52m | $7.2M | $11.6M | 50x |
BloFin WIF-USDT
Bitget WIFUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$50.4
- Price spread: +0.209% → +0.057%
- $15.22
- Slippage, 4 orders
- −$39.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$98.91
- Costs to cover
- 0.637%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 30 min ago; Bitget: live order book, 1 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 BloFin live order book, 30 min ago | 6.30 bp | 19.8 bp −$20 | 26.9 bp −$269 | 62.1 bp −$6,208 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.09 bp | 14.7 bp −$15 | 30.4 bp −$304 | 120.1 bp −$12.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit WIF_USDC-PERPETUAL | −0.0169% | 1h | 0.2388 | 0.000% | $47K | $289K | 25x | as long as short |
| KuCoin WIFUSDTM | −0.0124% | 4h | 0.2393 | +0.209% | $4.3M | $11.3M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2391 | +0.117% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2393 | +0.209% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | +0.293% | $10K | $10K | 12x | as long as short |
| Backpack WIF_USDC_PERP | +0.0081% | 1h | 0.2387 | −0.054% | $75K | $235K | 10x | as long as short |
| Variational Omni WIF | +0.0086% | 4h | 0.2384 | −0.155% | $68K | $65K | — | as long as short |
| Orderly PERP_WIF_USDC | +0.0091% | 4h | 0.2394 | +0.251% | $5K | $1.3M | 10x | as long as short |
| Aster WIFUSDT | +0.0094% | 4h | 0.2394 | +0.241% | $25K | $255K | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2392 | +0.168% | $133K | $543K | 10x | as long as short |
Deribit WIF_USDC-PERPETUAL
KuCoin WIFUSDTM
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Backpack WIF_USDC_PERP
Variational Omni WIF
Orderly PERP_WIF_USDC
Aster WIFUSDT
Lighter WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex WIFUSDT | +0.0096% | 1h | 0.2391 | +0.126% | $53K | $482K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2397 | +0.360% | $7.4M | $4.0M | 5x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2390 | +0.101% | $75K | $48K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2393 | +0.202% | $17.7M | $99.8M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2393 | +0.197% | $16.7M | $34.8M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2391 | +0.126% | $6.1M | $30.6M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2393 | +0.209% | $1.2M | $6.9M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2393 | +0.209% | $21.4M | $10.6M | 50x | as long as short |
| Bitget WIFUSDTshort | +0.0100% | 4h | 0.2393 | +0.209% | $7.2M | $11.6M | 50x | |
| BingX WIF-USDT | +0.0100% | 4h | 0.2393 | +0.209% | — | $65.1M | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2398 | +0.419% | $276K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2399 | +0.461% | $42K | $618K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2383 | −0.209% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2388 | −0.004% | $547 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2388 | 0.000% | $165K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2391 | +0.110% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2392 | +0.185% | $80K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0183% / S −0.0978% | 1h | 0.2393 | +0.222% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2391 | +0.126% | $314K | $2.3M | 50x | as long as short |
| BloFin WIF-USDTlong | +0.0340% | 4h | 0.2388 | long leg | $965K | $701K | 75x | |
| Kraken Futures PF_WIFUSD | +0.0379% | 1h | 0.2390 | +0.068% | $628K | $2.1M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2393 | +0.203% | $0 | — | 15x | as long as short |
Popdex WIFUSDT
Hyperliquid WIF
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
BingX WIF-USDT
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
Kraken Futures PF_WIFUSD
Reya WIFRUSDPERP