WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0224%/8h= −24.5% APRnext payment −$0.28 per $10,000 · paid last 24h −0.045%

Price spread now: Extended against Coinbase International+0.185%7-day average −0.180% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$730.727% of the position

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.322%−$32 on $10k

Price spread, last 4 days (all we have)−0.428%−$43 · spread now +0.185%, 7d avg −0.180%

Together, before fees−0.750%+ Points / potential airdropExtended: Active · farm board−$75 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.365% dearer against Coinbase International than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of −0.180%): +$37 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WIF-PERP-INTX	0.2495	0.0328	pay 0.0041% / 1h	27m 30s	$328K	$2.7M	50x
Short	Extended WIF-USD	0.2500	0.0104	get 0.0013% / 1h	27m 30s	$9K	$147K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. 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 Coinbase InternationalbpFee ExtendedbpOrdersPrice spread, now +0.185%Rate

Funding earned: −$47.04
Price spread: +0.185% → −0.180%: $36.51
Slippage, 4 orders: −$57.74
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$83.28
Costs to cover: 0.727%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 1 min ago; Extended: live order book, 28 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 Coinbase International live order book, 1 min ago	8.02 bp	17.0 bp −$17	29.2 bp −$292	doesn't fit	doesn't fit
Sell Extended live order book, 28 min ago	8.03 bp	19.4 bp −$19	98.6 bp −$986	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
Backpack WIF_USDC_PERP	−0.0185%	1h	0.2495	−0.020%	$77K	$291K	10x	as long as short
BloFin WIF-USDT	−0.0181%	4h	0.2488	−0.281%	$996K	$827K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2497	+0.061%	$19K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2497	+0.080%	$807	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−1.002%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2500	+0.208%	$140K	$630K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2500	+0.200%	$57K	$497K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2497	+0.094%	$33K	$284K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2498	+0.138%	$78K	$60K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2499	+0.156%	$18.9M	$118.5M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WIFUSDT	+0.0100%	4h	0.2498	+0.104%	$17.0M	$39.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2498	+0.120%	$6.0M	$36.2M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2498	+0.120%	$1.2M	$7.7M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2498	+0.120%	$23.1M	$11.4M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2497	+0.080%	$4.6M	$14.5M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2498	+0.120%	$7.6M	$13.3M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2498	+0.120%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2485	−0.398%	$76K	$69K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2488	−0.281%	$282K	$2.3M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2491	−0.160%	$46K	$624K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2495	0.000%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2490	−0.200%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2495	+0.020%	$581	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2494	−0.040%	$166K	$695K	75x	as long as short
Extended WIF-USDshort	+0.0104%	1h	0.2500	+0.185%	$9K	$147K	25x
Aevo WIF-PERP	+0.0104%	1h	0.2495	−0.018%	$83K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0134% / S −0.0013%	1h	0.2497	+0.074%	$8K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0151%	1h	0.2496	+0.040%	$45K	$260K	25x	as long as short
Kraken Futures PF_WIFUSD	+0.0260%	1h	0.2497	+0.068%	$648K	$2.3M	50x	as long as short
Hyperliquid WIF	+0.0304%	1h	0.2503	+0.305%	$8.1M	$4.9M	5x	as long as short
Coinbase International WIF-PERP-INTXlong	+0.0328%	1h	0.2495	long leg	$328K	$2.7M	50x
Reya WIFRUSDPERP	+0.0558%	1h	0.2497	+0.083%	$0	—	15x	as long as short