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: SunX against BloFin−0.204%7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1791.787% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.395%−$39 on $10k
Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.204%, 7d avg −0.177%
Together, before fees−0.407%−$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.177%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WIF-USDT0.24490.0340pay 0.0170% / 4h3h 38m$998K$736K75x
ShortSunX WIF-USDT0.24440.0100get 0.0050% / 4h3h 38m$1K$2.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.204% → −0.177%
−$2.68
Slippage, 4 orders
−$158.74
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$231.82
Costs to cover
1.787%
Break-even
never at this rate
Slippage from BloFin: live order book, 33 min ago; SunX: live order book, 9 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, 33 min ago4.12 bp17.0 bp −$1727.5 bp −$27568.8 bp −$6,876doesn't fit
Sell SunX live order book, 9 min ago32.80 bp61.9 bp −$62doesn't fitdoesn'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−0.0394%1h0.2447−0.061%$75K$252K10xas long as short
Deribit WIF_USDC-PERPETUAL−0.0158%1h0.2448−0.041%$48K$289K25xas long as short
Gate WIF_USDT−0.0106%4h0.2456+0.286%$1.2M$7.0M50xas long as short
dYdX WIF-USD0.0000%1h0.2453+0.147%$18K$58910xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2450+0.022%$16K150xas long as short
KuCoin WIFUSDTM+0.0002%4h0.2450+0.041%$4.3M$11.9M75xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2395−2.205%$10K$10K12xas long as short
Kraken Futures PF_WIFUSD+0.0039%1h0.2449+0.004%$633K$2.2M50xas long as short
Orderly PERP_WIF_USDC+0.0095%4h0.2448−0.041%$5K$1.3M10xas long as short
Lighter WIF+0.0096%1h0.2452+0.131%$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%4h0.2452+0.119%$25K$258K10xas long as short
Pacifica WIF+0.0100%1h0.2457+0.314%$76K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.2456+0.286%$18.5M$105.5M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2456+0.298%$16.9M$36.4M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2454+0.204%$6.0M$33.0M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2458+0.367%$22.1M$10.9M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2457+0.327%$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-USDTshort+0.0100%4h0.2444−0.204%$1K$2.8M50x
SoDEX WIF-USD+0.0100%1h0.2448−0.045%$559$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2446−0.122%$168K$745K75xas long as short
Extended WIF-USD+0.0104%1h0.2456+0.285%$11K$154K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2448−0.035%$82K$853xas long as short
Hyperliquid WIF+0.0130%1h0.2455+0.229%$7.7M$4.1M5xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0191% / S −0.0138%1h0.2450+0.038%$6K100xas long as short
Coinbase International WIF-PERP-INTX+0.0288%1h0.2450+0.041%$324K$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