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−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.044%
Price spread now: OKX against BloFin+0.367%93s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$540.540% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.399%−$40 on $10k
Price spread, last 3 days (all we have)−0.378%−$38 · spread now +0.367%, 7d avg +0.022%
Together, before fees−0.777%−$78 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.345% dearer against BloFin than usual: you sell high and buy low (spread +0.367% now, against its 7-day average of +0.022%): +$35 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.8 days. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WIF-USDT0.24490.0340pay 0.0170% / 4h3h 37m$998K$736K75x
ShortOKX WIF-USDT-SWAP0.24580.0100get 0.0050% / 4h3h 37m$6.0M$33.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$50.4
Price spread: +0.367% → +0.022%
$34.53
Slippage, 4 orders
−$31.95
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$69.83
Costs to cover
0.540%
Break-even
never at this rate
Slippage from BloFin: live order book, 34 min ago; OKX: live order book, 1 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, 34 min ago4.12 bp17.0 bp −$1727.5 bp −$27568.8 bp −$6,876doesn't fit
Sell OKX live order book, 1 min ago2.04 bp12.6 bp −$1328.5 bp −$285doesn't fitdoesn'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
Backpack WIF_USDC_PERP−0.0395%1h0.2455+0.261%$75K$252K10xas long as short
Deribit WIF_USDC-PERPETUAL−0.0157%1h0.2457+0.327%$48K$289K25xas long as short
Gate WIF_USDT−0.0072%4h0.2458+0.367%$1.2M$7.0M50xas long as short
KuCoin WIFUSDTM−0.0006%4h0.2454+0.204%$4.3M$12.0M75xas long as short
dYdX WIF-USD0.0000%1h0.2458+0.351%$18K$58910xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2458+0.348%$16K150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2395−2.205%$10K$10K12xas long as short
Kraken Futures PF_WIFUSD+0.0039%1h0.2457+0.329%$635K$2.2M50xas long as short
Orderly PERP_WIF_USDC+0.0095%4h0.2457+0.327%$5K$1.3M10xas long as short
Lighter WIF+0.0096%1h0.2458+0.372%$146K$581K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex WIFUSDT+0.0096%1h0.2457+0.327%$54K$483K20xas long as short
Aster WIFUSDT+0.0100%4h0.2456+0.278%$25K$258K10xas long as short
Pacifica WIF+0.0100%1h0.2459+0.401%$76K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.2459+0.408%$18.5M$105.5M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2458+0.351%$17.0M$36.4M50xas long as short
OKX WIF-USDT-SWAPshort+0.0100%4h0.2458+0.367%$6.0M$33.1M50x
MEXC WIF_USDT+0.0100%4h0.2458+0.367%$22.1M$10.9M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2460+0.449%$7.6M$11.9M50xas long as short
BingX WIF-USDC+0.0100%4h0.2450+0.041%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2441−0.322%$72K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2443−0.239%$276K$1.9M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2441−0.327%$43K$632K25xas long as short
SunX WIF-USDT+0.0100%4h0.2451+0.082%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2456+0.286%$561$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2453+0.163%$169K$741K75xas long as short
Extended WIF-USD+0.0104%1h0.2458+0.357%$11K$154K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2457+0.330%$82K$853xas long as short
Hyperliquid WIF+0.0123%1h0.2460+0.465%$7.7M$4.1M5xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0191% / S −0.0138%1h0.2457+0.329%$6K100xas long as short
Coinbase International WIF-PERP-INTX+0.0288%1h0.2457+0.327%$325K$2.4M50xas long as short
BloFin WIF-USDTlong+0.0340%4h0.2449long leg$998K$736K75x
Reya WIFRUSDPERP+0.0558%1h0.2456+0.271%$015xas long as short