Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: Aster against Bybit+0.296%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$670.668% of the position

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.085%+$8 on $10k

Price spread, last 4 days (all we have)−0.260%−$26 · spread now +0.296%, 7d avg +0.039%

Together, before fees−0.176%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.257% dearer against Bybit than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WIFUSDT	0.2485	0.0100	pay 0.0050% / 4h	53m 40s	$17.0M	$38.8M	50x
Short	Aster WIFUSDT	0.2492	0.0100	get 0.0050% / 4h	53m 40s	$34K	$283K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now +0.296%Rate

Funding earned: $0
Price spread: +0.296% → +0.039%: $25.73
Slippage, 4 orders: −$47.81
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$41.08
Costs to cover: 0.668%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Aster: live order book, 3 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 Bybit live order book, 5 min ago	2.02 bp	10.9 bp −$11	28.9 bp −$289	204.8 bp −$20.5K	doesn't fit
Sell Aster live order book, 3 min ago	10.01 bp	24.2 bp −$24	doesn't fit	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
BloFin WIF-USDT	−0.0184%	4h	0.2496	+0.459%	$1.0M	$834K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0145%	1h	0.2488	+0.125%	$85K	$275K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2488	+0.117%	$19K	$597	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2489	+0.177%	$47K	$258K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2490	+0.217%	$805	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−0.588%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2490	+0.217%	$140K	$629K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2490	+0.217%	$57K	$497K	20x	as long as short
Aster WIFUSDTshort	+0.0100%	4h	0.2492	+0.296%	$34K	$283K	10x
Pacifica WIF	+0.0100%	1h	0.2489	+0.171%	$77K	$57K	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	0.2488	+0.137%	$19.1M	$115.7M	75x	as long as short
Bybit WIFUSDTlong	+0.0100%	4h	0.2485	long leg	$17.0M	$38.8M	50x
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2486	+0.056%	$5.9M	$35.4M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2488	+0.137%	$1.2M	$7.6M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2487	+0.097%	$22.7M	$11.1M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2489	+0.177%	$4.5M	$13.8M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2485	+0.016%	$7.5M	$12.9M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2487	+0.097%	—	$23.5M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2495	+0.402%	$76K	$69K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2493	+0.338%	$278K	$2.2M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2478	−0.266%	$43K	$622K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2489	+0.177%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2484	−0.024%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2489	+0.177%	$568	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2486	+0.056%	$166K	$695K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2485	+0.010%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2488	+0.157%	$83K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0143% / S −0.0019%	1h	0.2490	+0.214%	$8K	—	100x	as long as short
Kraken Futures PF_WIFUSD	+0.0260%	1h	0.2490	+0.227%	$651K	$2.3M	50x	as long as short
Hyperliquid WIF	+0.0324%	1h	0.2495	+0.398%	$8.1M	$4.8M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0328%	1h	0.2492	+0.298%	$331K	$2.7M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2487	+0.101%	$0	—	15x	as long as short