WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h −0.043%

Price spread now: Bybit against BloFin+0.118%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$640.639% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.479%−$48 on $10k

Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.118%, 7d avg −0.009%

Together, before fees−0.618%−$62 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.127% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.479%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WIF-USDT	0.2456	−0.0140	get 0.0070% / 4h	1h 59m	$976K	$927K	75x
Short	Bybit WIFUSDT	0.2459	0.0100	get 0.0050% / 4h	1h 59m	$16.6M	$46.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.118%Rate

Funding earned: $50.4
Price spread: +0.118% → −0.009%: $12.68
Slippage, 4 orders: −$40.88
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$0.8
Costs to cover: 0.639%
Break-even: 7.1 days

Slippage from BloFin: live order book, 28 min ago; Bybit: live order book, 5 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, 28 min ago	6.31 bp	19.7 bp −$20	27.4 bp −$274	48.0 bp −$4,797	doesn't fit
Sell Bybit live order book, 5 min ago	2.04 bp	11.2 bp −$11	28.7 bp −$287	163.3 bp −$16.3K	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
Injective WIF/USDC PERP	−0.0467%	1h	0.2401	−2.239%	$10K	$10K	12x	as long as short
BloFin WIF-USDTlong	−0.0140%	4h	0.2456	long leg	$976K	$927K	75x
dYdX WIF-USD	0.0000%	1h	0.2449	−0.305%	$13K	$587	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2458	+0.091%	—	—	150x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0073% / S +0.0252%	1h	0.2458	+0.076%	$21K	—	100x	as long as short
Lighter WIF	+0.0096%	1h	0.2460	+0.175%	$142K	$678K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2450	−0.244%	$53K	$570K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2460	+0.151%	$8.5M	$6.4M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2457	+0.048%	$28K	$349K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2451	−0.213%	$77K	$69K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WIFUSDT	+0.0100%	4h	0.2458	+0.087%	$18.6M	$141.7M	75x	as long as short
Bybit WIFUSDTshort	+0.0100%	4h	0.2459	+0.118%	$16.6M	$46.8M	50x
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2459	+0.122%	$5.5M	$41.1M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2458	+0.081%	$1.1M	$9.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2459	+0.122%	$22.5M	$12.1M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2458	+0.081%	$4.1M	$16.2M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2460	+0.163%	$7.5M	$15.5M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2459	+0.122%	—	$27.2M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2459	+0.138%	$73K	$296K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2448	−0.324%	$73K	$192K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2449	−0.283%	$271K	$2.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2449	−0.285%	$45K	$630K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2459	+0.122%	$5K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2447	−0.366%	$1K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2459	+0.102%	$565	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2451	−0.204%	$149K	$880K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2458	+0.073%	$11K	$165K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2458	+0.081%	$82K	$85	3x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0157%	1h	0.2459	+0.122%	$33K	$274K	25x	as long as short
Kraken Futures PF_WIFUSD	+0.0347%	1h	0.2460	+0.176%	$636K	$2.6M	50x	as long as short
Coinbase International WIF-PERP-INTX	+0.0384%	1h	0.2457	+0.041%	$359K	$3.1M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2458	+0.085%	$0	—	15x	as long as short