Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.051%

Price spread now: Extended against BloFin+0.021%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$730.731% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.435%−$44 on $10k

Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.021%, 7d avg −0.021%

Together, before fees−0.553%+ Points / potential airdropExtended: Active · farm board−$55 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.042% dearer against BloFin than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.021%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WIF-USDT	0.2432	0.0340	pay 0.0170% / 4h	1h 09m	$986K	$717K	75x
Short	Extended WIF-USD	0.2433	0.0104	get 0.0013% / 1h	9m 10s	$10K	$153K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$49.56
Price spread: +0.021% → −0.021%: $4.17
Slippage, 4 orders: −$56.13
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$118.53
Costs to cover: 0.731%
Break-even: never at this rate

Slippage from BloFin: live order book, 8 min ago; Extended: live order book, 6 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, 8 min ago	6.19 bp	12.2 bp −$12	17.4 bp −$174	47.6 bp −$4,763	doesn't fit
Sell Extended live order book, 6 min ago	10.32 bp	22.4 bp −$22	115.8 bp −$1,158	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	−0.0289%	1h	0.2432	+0.008%	$74K	$246K	10x	as long as short
KuCoin WIFUSDTM	−0.0028%	4h	0.2432	0.000%	$4.1M	$11.2M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2434	+0.068%	$18K	$582	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2433	+0.041%	$48K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2434	+0.063%	$15K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−1.521%	$10K	$10K	12x	as long as short
Orderly PERP_WIF_USDC	+0.0090%	4h	0.2432	0.000%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2434	+0.066%	$136K	$550K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2434	+0.082%	$54K	$483K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2437	+0.206%	$7.6M	$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	0.2433	+0.033%	$25K	$255K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2433	+0.048%	$77K	$49K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2434	+0.082%	$18.1M	$101.2M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2432	+0.012%	$16.9M	$35.2M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2432	0.000%	$6.1M	$31.5M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2433	+0.041%	$1.2M	$7.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2433	+0.041%	$22.1M	$10.7M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2435	+0.123%	$7.5M	$11.7M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2433	+0.041%	—	$65.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2420	−0.486%	$72K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2429	−0.123%	$277K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2429	−0.123%	$43K	$618K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2428	−0.164%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2433	+0.033%	$554	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2431	−0.041%	$168K	$719K	75x	as long as short
Extended WIF-USDshort	+0.0104%	1h	0.2433	+0.021%	$10K	$153K	25x
Aevo WIF-PERP	+0.0104%	1h	0.2433	+0.041%	$81K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0235% / S −0.1345%	1h	0.2433	+0.034%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2432	0.000%	$320K	$2.3M	50x	as long as short
BloFin WIF-USDTlong	+0.0340%	4h	0.2432	long leg	$986K	$717K	75x
Kraken Futures PF_WIFUSD	+0.0372%	1h	0.2434	+0.090%	$636K	$2.1M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2433	+0.028%	$0	—	15x	as long as short