Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.046%

Price spread now: Variational Omni against Extended−0.512%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.512% cheaper against Extended than usual: you would sell low and buy high, −$51 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WIF-USD	0.2483	0.0104	pay 0.0013% / 1h	30m 07s	$11K	$155K	25x
Short	Variational Omni WIF	0.2470	0.0100	get 0.0050% / 4h	2h 30m	$75K	$70K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.512%Rate

Funding earned: −$0.84
Price spread: −0.512% → 0.000%: −$51.23
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$57.07
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 36 min ago; Variational Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 36 min ago	8.07 bp	19.5 bp −$20	113.9 bp −$1,139	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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 31 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
Injective WIF/USDC PERP	−0.0783%	1h	0.2470	−0.517%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	−0.0074%	1h	0.2485	+0.084%	$645K	$2.3M	50x	as long as short
Gate WIF_USDT	−0.0066%	4h	0.2483	+0.007%	$1.2M	$7.4M	50x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2474	−0.371%	$19K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2479	−0.139%	$801	—	150x	as long as short
KuCoin WIFUSDTM	+0.0028%	4h	0.2483	+0.007%	$4.5M	$13.0M	75x	as long as short
Backpack WIF_USDC_PERP	+0.0067%	1h	0.2483	+0.007%	$79K	$273K	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2484	+0.039%	$140K	$624K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2480	−0.114%	$56K	$496K	20x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2481	−0.074%	$5K	$1.3M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2478	−0.176%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2477	−0.234%	$77K	$53K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2484	+0.060%	$18.9M	$112.4M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2482	−0.034%	$17.0M	$38.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2484	+0.047%	$5.9M	$34.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2483	+0.007%	$22.3M	$11.1M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2484	+0.047%	$7.5M	$12.4M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2479	−0.154%	—	$2.3M	—	as long as short
Variational Omni WIFshort	+0.0100%	4h	0.2470	−0.512%	$75K	$70K	—
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2463	−0.796%	$279K	$2.0M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2471	−0.477%	$42K	$629K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2476	−0.275%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2483	+0.027%	$569	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2480	−0.114%	$169K	$727K	75x	as long as short
Extended WIF-USDlong	+0.0104%	1h	0.2483	long leg	$11K	$155K	25x
Aevo WIF-PERP	+0.0104%	1h	0.2482	−0.019%	$83K	$85	3x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0153%	1h	0.2481	−0.074%	$49K	$276K	25x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0174% / S −0.0039%	1h	0.2480	−0.132%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0228%	1h	0.2488	+0.206%	$8.0M	$4.7M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0304%	1h	0.2479	−0.154%	$325K	$2.5M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2477	−0.240%	$0	—	15x	as long as short