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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0146%/8h= +15.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.008%
Price spread now: Kraken Futures against Extended+0.133%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$910.911% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.142%−$14 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.133%, 7d avg +0.067%
Together, before fees−0.100%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.066% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.067%. Mind the row above: over the last 7 days funding on this pair cost −0.142%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WIF-USD0.23920.0104pay 0.0013% / 1h36m 19s$8K$163K25x
ShortKraken Futures PF_WIFUSD0.23950.0250get 0.0031% / 1h36m 19s$632K$2.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$30.57
Price spread: +0.133% → +0.067%
$6.61
Slippage, 4 orders
−$76.12
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$53.94
Costs to cover
0.911%
Break-even
19.4 days
Slippage from Extended: live order book, 9 min ago; Kraken Futures: live order book, 2 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, 9 min ago6.13 bp18.7 bp −$1986.3 bp −$863doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago14.65 bp26.4 bp −$26104.6 bp −$1,046doesn'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
BloFin WIF-USDT−0.0140%4h0.2403+0.465%$1.0M$897K75xas long as short
Backpack WIF_USDC_PERP−0.0004%1h0.2400+0.343%$72K$316K10xas long as short
dYdX WIF-USD0.0000%1h0.2398+0.240%$13K$59710xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2396+0.172%$32K$274K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2395+0.150%150xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0094% / S +0.0031%1h0.2395+0.133%$9K100xas long as short
Lighter WIF+0.0096%1h0.2401+0.377%$144K$667K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2398+0.256%$51K$570K20xas long as short
Hyperliquid WIF+0.0100%1h0.2398+0.252%$8.5M$6.2M5xas long as short
Aster WIFUSDT+0.0100%4h0.2397+0.220%$29K$330K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WIF+0.0100%1h0.2399+0.289%$75K$69K5xas long as short
Binance WIFUSDT+0.0100%4h0.2396+0.165%$18.7M$137.7M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2396+0.151%$16.4M$45.8M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2394+0.088%$5.5M$39.2M50xas long as short
Gate WIF_USDT+0.0100%4h0.2397+0.214%$1.1M$8.8M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2396+0.172%$21.8M$11.9M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2396+0.172%$3.9M$15.9M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2395+0.130%$7.3M$15.3M50xas long as short
BingX WIF-USDC+0.0100%4h0.2394+0.088%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2389−0.116%$89K$173Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2390−0.081%$271K$2.7M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2385−0.288%$44K$627K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2395+0.130%$4K$1.1M10xas long as short
SunX WIF-USDT+0.0100%4h0.2391−0.037%$1K$3.0M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2394+0.068%$551$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2394+0.088%$169K$778K75xas long as short
Extended WIF-USDlong+0.0104%1h0.2392long leg$8K$163K25x
Aevo WIF-PERP+0.0104%1h0.2393+0.029%$80K$853xas long as short
Kraken Futures PF_WIFUSDshort+0.0250%1h0.2395+0.133%$632K$2.5M50x
Coinbase International WIF-PERP-INTX+0.0416%1h0.2398+0.256%$323K$3.0M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2394+0.094%$015xas long as short
Injective WIF/USDC PERP+0.0707%1h0.2398+0.256%$10K$10K12xas long as short