Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.006%

Price spread now: HTX against Extended−0.073%7-day average +0.539% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$197as in the Price arb table

costs, in and out, $10k−$1361.357% of the position

Long on Extended Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.221%+$22 on $10k

Price spread, last 4 days (all we have)+0.655%+$65 · spread now −0.073%, 7d avg +0.539%

Together, before fees+0.876%+ Points / potential airdropExtended: Active · farm board+$88 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.613% cheaper against Extended than usual: you would sell low and buy high, −$61 on $10k if it goes back to its 7-day average of +0.539%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WIF-USD	0.2468	0.0104	pay 0.0013% / 1h	32m 09s	$11K	$155K	25x
Short	HTX WIF-USDT	0.2466	0.0100	get 0.0050% / 4h	1h 32m	$166K	$691K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee ExtendedbpFee HTXbpOrdersPrice spread, now −0.073%Rate

Funding earned: −$0.84
Price spread: −0.073% → +0.539%: −$61.27
Slippage, 4 orders: −$118.71
Fee Extended: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$197.81
Costs to cover: 1.357%
Break-even: never at this rate

Slippage from Extended: live order book, 29 min ago; HTX: live order book, 31 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 Extended live order book, 29 min ago	8.09 bp	19.6 bp −$20	93.2 bp −$932	doesn't fit	doesn't fit
Sell HTX live order book, 31 min ago	2.02 bp	54.9 bp −$55	165.1 bp −$1,651	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
BloFin WIF-USDT	−0.0176%	4h	0.2474	+0.251%	$1.0M	$825K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2472	+0.150%	$19K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2469	+0.048%	$46K	$258K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2470	+0.075%	$798	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	+0.089%	$11K	$10K	12x	as long as short
Gate WIF_USDT	+0.0050%	4h	0.2468	+0.008%	$1.2M	$7.5M	50x	as long as short
Backpack WIF_USDC_PERP	+0.0087%	1h	0.2467	−0.025%	$78K	$280K	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2471	+0.146%	$140K	$627K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2471	+0.129%	$57K	$497K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2470	+0.082%	$34K	$283K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WIF	+0.0100%	1h	0.2471	+0.122%	$76K	$56K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2471	+0.111%	$18.8M	$114.5M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2469	+0.048%	$17.0M	$38.4M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2469	+0.048%	$5.9M	$34.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2470	+0.089%	$22.2M	$11.0M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2469	+0.048%	$4.4M	$13.6M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2469	+0.048%	$7.4M	$12.7M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2465	−0.114%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2463	−0.194%	$75K	$69K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2470	+0.077%	$284K	$2.1M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2470	+0.089%	$42K	$628K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2470	+0.089%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2468	+0.008%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2470	+0.077%	$571	$5K	5x	as long as short
HTX WIF-USDTshort	+0.0100%	4h	0.2466	−0.073%	$166K	$691K	75x
Extended WIF-USDlong	+0.0104%	1h	0.2468	long leg	$11K	$155K	25x
Aevo WIF-PERP	+0.0104%	1h	0.2470	+0.075%	$82K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0138%	1h	0.2471	+0.121%	$648K	$2.3M	50x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0155% / S −0.0027%	1h	0.2470	+0.091%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0291%	1h	0.2474	+0.259%	$8.0M	$4.7M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2470	+0.089%	$330K	$2.6M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2469	+0.051%	$0	—	15x	as long as short