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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.042%
Price spread now: Coinbase International against Extended−0.126%7-day average +0.181% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$720.721% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.324%+$32 on $10k
Price spread, last 3 days (all we have)+0.477%+$48 · spread now −0.126%, 7d avg +0.181%
Together, before fees+0.800%+ Points / potential airdropExtended: Active · farm board+$80 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.307% cheaper against Extended than usual: you would sell low and buy high (spread −0.126% now, against its 7-day average of +0.181%). If the spread goes back, that is −$31 on $10k: about 6.4 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WIF-USD0.24140.0104pay 0.0013% / 1h22m 22s$10K$153K25x
ShortCoinbase International WIF-PERP-INTX0.24110.0264get 0.0033% / 1h22m 22s$318K$2.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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
$33.6
Price spread: −0.126% → +0.181%
−$30.72
Slippage, 4 orders
−$57.12
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$69.24
Costs to cover
0.721%
Break-even
21.4 days
Slippage from Extended: live order book, 58 min ago; Coinbase International: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 58 min ago6.31 bp18.8 bp −$19123.5 bp −$1,235doesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago6.22 bp19.1 bp −$1933.0 bp −$330doesn't fitdoesn't fit

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
Backpack WIF_USDC_PERP−0.0264%1h0.2408−0.259%$74K$246K10xas long as short
Deribit WIF_USDC-PERPETUAL−0.0165%1h0.2408−0.251%$47K$289K25xas long as short
KuCoin WIFUSDTM−0.0060%4h0.2414−0.002%$4.1M$11.5M75xas long as short
dYdX WIF-USD0.0000%1h0.2412−0.099%$18K$58210xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2415+0.039%$15K150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2395−0.789%$10K$10K12xas long as short
Orderly PERP_WIF_USDC+0.0092%4h0.2415+0.039%$5K$1.3M10xas long as short
Lighter WIF+0.0096%1h0.2412−0.085%$135K$549K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2416+0.081%$54K$483K20xas long as short
Hyperliquid WIF+0.0100%1h0.2419+0.194%$7.5M$4.0M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WIFUSDT+0.0100%4h0.2415+0.039%$25K$255K10xas long as short
Pacifica WIF+0.0100%1h0.2412−0.087%$76K$50K5xas long as short
Binance WIFUSDT+0.0100%4h0.2415+0.056%$18.0M$101.0M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2414−0.002%$16.7M$35.1M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2416+0.081%$6.1M$31.3M50xas long as short
Gate WIF_USDT+0.0100%4h0.2414−0.002%$1.2M$7.0M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2415+0.039%$21.8M$10.7M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2416+0.081%$7.5M$11.7M50xas long as short
BingX WIF-USDT+0.0100%4h0.2414−0.002%$65.3Mas long as short
Variational Omni WIF+0.0100%4h0.2401−0.532%$71K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2409−0.209%$267K$1.8M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2406−0.333%$42K$618K25xas long as short
SunX WIF-USDT+0.0100%4h0.2405−0.375%$1K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2408−0.251%$552$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2408−0.251%$167K$718K75xas long as short
Extended WIF-USDlong+0.0104%1h0.2414long leg$10K$153K25x
Aevo WIF-PERP+0.0104%1h0.2408−0.251%$80K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0219% / S −0.1234%1h0.2416+0.063%$4K100xas long as short
Coinbase International WIF-PERP-INTXshort+0.0264%1h0.2411−0.126%$318K$2.3M50x
BloFin WIF-USDT+0.0340%4h0.2408−0.251%$978K$707K75xas long as short
Kraken Futures PF_WIFUSD+0.0375%1h0.2410−0.169%$630K$2.2M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2415+0.027%$015xas long as short