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 −0.025%

Price spread now: MEXC against BloFin−0.747%94s7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as 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−$470.467% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.413%−$41 on $10k

Price spread, last 4 days (all we have)+0.684%+$68 · spread now −0.747%, 7d avg −0.009%

Together, before fees+0.270%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.738% cheaper against BloFin than usual: you would sell low and buy high (spread −0.747% now, against its 7-day average of −0.009%). If the spread goes back, that is −$74 on $10k: about 10 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.413%, so the current rate has only just turned in your favour. The two prices were read 94 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	0.2543	−0.0140	get 0.0070% / 4h	39m 34s	$988K	$965K	75x
Short	MEXC WIF_USDT	0.2524	0.0100	get 0.0050% / 4h	39m 34s	$22.6M	$12.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.747%Rate

Funding earned: $50.4
Price spread: −0.747% → −0.009%: −$73.81
Slippage, 4 orders: −$30.71
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$70.12
Costs to cover: 0.467%
Break-even: 16.7 days

Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 4 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, 3 min ago	5.92 bp	11.9 bp −$12	20.4 bp −$204	82.9 bp −$8,287	doesn't fit
Sell MEXC live order book, 4 min ago	1.97 bp	8.8 bp −$9	25.3 bp −$253	124.8 bp −$12.5K	163.1 bp −$81.5K

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	−0.0161%	1h	0.2462	−3.185%	$10K	$11K	12x	as long as short
BloFin WIF-USDTlong	−0.0140%	4h	0.2543	long leg	$988K	$965K	75x
GMX WIF/USD [WBTC.b-USDC]	L −0.0052% / S +0.0250%	1h	0.2528	−0.601%	$20K	—	100x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2524	−0.766%	$14K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2530	−0.511%	$34K	$273K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2529	−0.537%	$353	—	150x	as long as short
Lighter WIF	+0.0096%	1h	0.2531	−0.488%	$144K	$705K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2525	−0.708%	$54K	$575K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2533	−0.393%	$8.9M	$6.8M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2525	−0.712%	$31K	$351K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WIF	+0.0100%	1h	0.2526	−0.652%	$78K	$73K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2525	−0.708%	$19.2M	$147.6M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2523	−0.771%	$16.8M	$48.4M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2523	−0.786%	$5.8M	$43.5M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2523	−0.786%	$1.2M	$9.3M	50x	as long as short
MEXC WIF_USDTshort	+0.0100%	4h	0.2524	−0.747%	$22.6M	$12.4M	50x
KuCoin WIFUSDTM	+0.0100%	4h	0.2531	−0.472%	$4.3M	$16.9M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2522	−0.826%	$7.7M	$16.1M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2525	−0.708%	—	$27.1M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2526	−0.669%	$74K	$303K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2532	−0.432%	$75K	$193K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2534	−0.355%	$281K	$2.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2534	−0.354%	$46K	$636K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2529	−0.551%	$6K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2525	−0.708%	$1K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2528	−0.590%	$575	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2524	−0.747%	$160K	$916K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2522	−0.814%	$12K	$176K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2530	−0.529%	$84K	$85	3x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2533	−0.393%	$341K	$3.4M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2526	−0.656%	$1	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0801%	1h	0.2530	−0.520%	$659K	$2.7M	50x	as long as short