WIF

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BybitWIFUSDT	0.2420	−0.0409	get 0.0205% / 4h	1h 59m	$16.0M	$9.5M	50x	Long Bybit
SHORT	PhemexWIFUSDT	0.2422	+0.0100	get 0.0050% / 4h	1h 59m	$1.7M	$1.8M	50x	Short Phemex

Price gap+0.083%

Funding gap+0.0509% /8h

Both sides work: funding pays +$15 a day on $10k, and the gap is 0.050% above its 7d average: +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$12+0.0509% /8h now · paid +0.124% over the last 7D

Price+$5spread +0.083% now, avg +0.032% → +0.050% if it goes back

Costs−$1221.219% of $10k · taker + slippage, in and out

Result−$104−1.04%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.124% in total, about +0.0064%/8h on average.

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Phemex price against Bybitnow

RANGE STATS · 7D

Now+0.083%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

WIF on 32 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size11.4 / 50.0 bp
At $10k entering Phemex costs 50.0 bp, fee and slippage, 4.4× Bybit’s.
Note: Margin at max leverage$200 + $200
Bybit 50x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$15.27Long Bybit: 6 payments, +$12.27; short Phemex: 6 payments, +$3.00.
OK: Entry gap works for you+0.083% vs +0.032%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$1.7M vs $16.0M OI
Phemex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBybit Yes · Phemex Yes
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0064%/8h × 21 periods+$13.54

Price spread+0.083% → +0.032% (7d avg)+$5.03

Slippage, 4 orderslive order books−$98.90

Fee Bybit bp × 2 orders−$11.00

Fee Phemex bp × 2 orders−$12.00

Net · 7 days · $10k−$103.33

Costs to cover1.219%Break-even60.4 days

Slippage: Bybit: live order book, 4 min ago; Phemex: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBybit2.0711.4 bp−$1127.3 bp−$273166.6 bp−$16.7Kdoesn’t fit

SELL · SHORTPhemex4.1350.0 bp−$50doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

WIF news

posts that mention WIF, from every exchangeSearch all news →

09-23 12:07	Phemex	Listing	🚀 New listing: $WIF Perps (@dogwifcoin) $WIF/USDT futures are now live on Phemex with up to 20x leverage. 🔗 Trade here: @Phemex_official on X ↗
09-23 09:31	Phemex	Listing	new market WIFUSDT ($WIF) seen by our collector
09-22 07:03	ApeX Omni	Other	59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗

WIF