Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0295%/8h= −32.3% APRnext payment $0.37 per $10,000 · paid last 24h −0.087%
Price spread now: Injective against Coinbase International−2.641%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Injective is 2.641% cheaper against Coinbase International than usual: you would sell low and buy high (−$264 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WIF-PERP-INTX0.25370.0328pay 0.0041% / 1h1m 19s$338K$2.9M50x
ShortInjective WIF/USDC PERP0.24700.0033get 0.0004% / 1h1m 19s$11K$10K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$61.88
Price spread: −2.641% → 0.000%
−$264.09
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$335.99
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 3 min ago7.92 bp26.8 bp −$27448.1 bp −$4,481doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin WIF-USDT−0.0214%4h0.2534−0.118%$1.0M$864K75xas long as short
Backpack WIF_USDC_PERP−0.0008%1h0.2532−0.197%$77K$297K10xas long as short
dYdX WIF-USD0.0000%1h0.2535−0.097%$17K$59710xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2533−0.145%$819150xas long as short
Injective WIF/USDC PERPshort+0.0033%1h0.2470−2.641%$11K$10K12x
Lighter WIF+0.0096%1h0.25370.000%$139K$632K10xas long as short
Popdex WIFUSDT+0.0096%1h0.25370.000%$55K$518K20xas long as short
Aster WIFUSDT+0.0100%4h0.2535−0.062%$33K$288K10xas long as short
Pacifica WIF+0.0100%1h0.2536−0.022%$79K$61K5xas long as short
Binance WIFUSDT+0.0100%4h0.2535−0.066%$19.4M$121.3M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WIFUSDT+0.0100%4h0.2531−0.236%$17.2M$40.8M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2533−0.158%$6.1M$37.5M50xas long as short
Gate WIF_USDT+0.0100%4h0.2535−0.079%$1.2M$7.9M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2534−0.118%$23.4M$11.5M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2534−0.118%$4.5M$14.7M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2534−0.118%$7.7M$13.6M50xas long as short
BingX WIF-USDC+0.0100%4h0.2532−0.197%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2502−1.377%$86K$79Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2525−0.489%$288K$2.4M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2527−0.394%$46K$626K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2533−0.158%$5K$1.3M10xas long as short
SunX WIF-USDT+0.0100%4h0.2530−0.276%$2K$2.9M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2534−0.114%$587$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2538+0.039%$168K$704K75xas long as short
Extended WIF-USD+0.0104%1h0.2533−0.147%$11K$145K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2534−0.121%$85K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0126% / S −0.0007%1h0.2532−0.179%$8K100xas long as short
Deribit WIF_USDC-PERPETUAL+0.0145%1h0.2534−0.118%$46K$256K25xas long as short
Kraken Futures PF_WIFUSD+0.0256%1h0.2536−0.021%$658K$2.3M50xas long as short
Coinbase International WIF-PERP-INTXlong+0.0328%1h0.2537long leg$338K$2.9M50x
Hyperliquid WIF+0.0363%1h0.2541+0.146%$8.3M$5.0M5xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2534−0.134%$115xas long as short