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+0.0049%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.105%
Price spread now: Deribit against Extended+0.057%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$580.579% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.684%−$68 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.057%, 7d avg +0.020%
Together, before fees−0.619%+ Points / potential airdropExtended: Active · farm board−$62 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.037% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.684%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WIF-USD0.24800.0104pay 0.0013% / 1h51m 03s$10K$153K25x
ShortDeribit WIF_USDC-PERPETUAL0.24810.0153get 0.0019% / 1h51m 03s$47K$258K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$10.34
Price spread: +0.057% → +0.020%
$3.7
Slippage, 4 orders
−$45.87
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$43.83
Costs to cover
0.579%
Break-even
36.7 days
Slippage from Extended: live order book, 5 min ago; Deribit: live order book, 7 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, 5 min ago8.03 bp19.4 bp −$19112.7 bp −$1,127doesn't fitdoesn't fit
Sell Deribit live order book, 7 min ago6.05 bp9.6 bp −$1018.9 bp −$189doesn'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−0.0273%1h0.2479−0.015%$85K$275K10xas long as short
BloFin WIF-USDT−0.0183%4h0.2483+0.138%$1.0M$830K75xas long as short
dYdX WIF-USD0.0000%1h0.2482+0.080%$19K$59710xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2482+0.084%$802150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2470−0.386%$11K$10K12xas long as short
Lighter WIF+0.0096%1h0.2483+0.130%$139K$629K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2484+0.178%$57K$497K20xas long as short
Aster WIFUSDT+0.0100%4h0.2481+0.055%$34K$283K10xas long as short
Pacifica WIF+0.0100%1h0.2482+0.084%$77K$57K5xas long as short
Binance WIFUSDT+0.0100%4h0.2484+0.161%$19.1M$115.7M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WIFUSDT+0.0100%4h0.2479−0.027%$17.0M$38.8M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2481+0.057%$5.9M$35.3M50xas long as short
Gate WIF_USDT+0.0100%4h0.2480+0.017%$1.2M$7.6M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2482+0.098%$22.6M$11.1M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2479−0.023%$4.5M$13.8M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2482+0.098%$7.5M$12.9M50xas long as short
BingX WIF-USDC+0.0100%4h0.2479−0.023%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2478−0.061%$75K$69Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2489+0.361%$285K$2.2M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2493+0.541%$46K$624K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2481+0.057%$5K$1.3M10xas long as short
SunX WIF-USDT+0.0100%4h0.2478−0.064%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2481+0.041%$566$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2480+0.017%$166K$695K75xas long as short
Extended WIF-USDlong+0.0104%1h0.2480long leg$10K$153K25x
Aevo WIF-PERP+0.0104%1h0.2480+0.023%$83K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0142% / S −0.0018%1h0.2482+0.094%$8K100xas long as short
Deribit WIF_USDC-PERPETUALshort+0.0153%1h0.2481+0.057%$47K$258K25x
Kraken Futures PF_WIFUSD+0.0261%1h0.2482+0.112%$648K$2.3M50xas long as short
Coinbase International WIF-PERP-INTX+0.0328%1h0.2483+0.138%$330K$2.7M50xas long as short
Hyperliquid WIF+0.0332%1h0.2484+0.187%$8.1M$4.8M5xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2481+0.071%$015xas long as short