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−0.0252%/8h= −27.6% APRnext payment $0.31 per $10,000 · paid last 24h −0.051%
Price spread now: SoDEX against Coinbase International−0.160%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 3 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 −$8 a day on $10k at the current rate, and SoDEX is 0.160% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 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-INTX0.25050.0352pay 0.0044% / 1h1m 01s$346K$3.0M50x
ShortSoDEX WIF-USD0.25010.0100get 0.0013% / 1h1m 01s$583$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$52.92
Price spread: −0.160% → 0.000%
−$15.97
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$86.89
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 3 min ago; SoDEX: 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 ago7.95 bp23.6 bp −$2437.2 bp −$372doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.0208%4h0.2499−0.240%$1.1M$905K75xas long as short
dYdX WIF-USD0.0000%1h0.2496−0.377%$14K$59710xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2502−0.120%$33K$272K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2500−0.180%150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2555+1.996%$11K$10K12xas long as short
Lighter WIF+0.0096%1h0.2503−0.072%$144K$654K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2502−0.120%$52K$564K20xas long as short
Aster WIFUSDT+0.0100%4h0.2499−0.220%$44K$313K10xas long as short
Pacifica WIF+0.0100%1h0.2497−0.310%$78K$67K5xas long as short
Binance WIFUSDT+0.0100%4h0.2498−0.262%$19.8M$131.7M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WIFUSDT+0.0100%4h0.2497−0.327%$17.1M$43.5M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2497−0.319%$6.0M$38.9M50xas long as short
Gate WIF_USDT+0.0100%4h0.2498−0.279%$1.2M$8.4M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2499−0.240%$23.1M$11.7M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2497−0.319%$4.2M$15.5M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2494−0.439%$7.7M$14.7M50xas long as short
BingX WIF-USDT+0.0100%4h0.2499−0.240%$26.7Mas long as short
Backpack WIF_USDC_PERP+0.0100%1h0.2499−0.255%$73K$312K10xas long as short
Variational Omni WIF+0.0100%4h0.2500−0.197%$86K$146Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2530+0.984%$284K$2.6M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2514+0.359%$46K$628K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2502−0.120%$5K$1.2M10xas long as short
SunX WIF-USDT+0.0100%4h0.2496−0.359%$2K$3.0M50xas long as short
SoDEX WIF-USDshort+0.0100%1h0.2501−0.160%$583$5K5x
HTX WIF-USDT+0.0100%4h0.2500−0.200%$165K$737K75xas long as short
Extended WIF-USD+0.0104%1h0.2501−0.176%$9K$141K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2502−0.137%$83K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0104% / S +0.0025%1h0.2501−0.149%$9K100xas long as short
Coinbase International WIF-PERP-INTXlong+0.0352%1h0.2505long leg$346K$3.0M50x
Kraken Futures PF_WIFUSD+0.0367%1h0.2502−0.106%$654K$2.4M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2503−0.076%$115xas long as short
Hyperliquid WIF+0.0796%1h0.2503−0.084%$8.5M$5.4M5xas long as short