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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against Gate+0.042%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$760.759% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 7 days−0.033%−$3 · spread now +0.042%, 7d avg −0.012%
Together, before fees+0.025%+$3 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 Binance is 0.055% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate WIF_USDT0.23740.0062pay 0.0031% / 4h2h 15m$1.2M$6.9M50x
ShortBinance WIFUSDT0.23750.0100get 0.0050% / 4h2h 15m$17.6M$99.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$7.98
Price spread: +0.042% → −0.012%
$5.46
Slippage, 4 orders
−$50.88
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$62.44
Costs to cover
0.759%
Break-even
61.8 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 12 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 Gate live order book, 3 min ago4.22 bp25.3 bp −$2546.3 bp −$46372.4 bp −$7,242doesn't fit
Sell Binance live order book, 12 min ago2.11 bp13.5 bp −$1424.5 bp −$245100.5 bp −$10.1Kdoesn'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−0.0645%1h0.2372−0.101%$73K$235K10xas long as short
Deribit WIF_USDC-PERPETUAL−0.0592%1h0.2372−0.084%$47K$289K25xas long as short
Injective WIF/USDC PERP−0.0321%1h0.2395+0.885%$10K$10K12xas long as short
KuCoin WIFUSDTM−0.0190%4h0.2375+0.042%$4.2M$11.2M75xas long as short
Kraken Futures PF_WIFUSD−0.0077%1h0.23740.000%$627K$2.1M50xas long as short
Variational Omni WIF−0.0001%4h0.2379+0.226%$68K$47Kas long as short
dYdX WIF-USD0.0000%1h0.2374−0.005%$18K$58210xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2372−0.075%$14K150xas long as short
Aster WIFUSDT+0.0041%4h0.2372−0.076%$23K$254K10xas long as short
GRVT WIF_USDT_Perp+0.0056%4h0.2372−0.070%$273K$1.8M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate WIF_USDTlong+0.0062%4h0.2374long leg$1.2M$6.9M50x
Orderly PERP_WIF_USDC+0.0090%4h0.2372−0.084%$5K$1.3M10xas long as short
Lighter WIF+0.0096%1h0.2376+0.093%$132K$540K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2376+0.084%$53K$483K20xas long as short
Hyperliquid WIF+0.0100%1h0.2379+0.211%$7.4M$4.0M5xas long as short
Pacifica WIF+0.0100%1h0.2375+0.055%$75K$48K5xas long as short
Binance WIFUSDTshort+0.0100%4h0.2375+0.042%$17.6M$99.3M75x
Bybit WIFUSDT+0.0100%4h0.2375+0.042%$16.6M$34.6M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2377+0.126%$6.0M$30.2M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2375+0.042%$21.2M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2376+0.084%$7.2M$11.5M50xas long as short
BingX WIF-USDT+0.0100%4h0.2375+0.042%$65.0Mas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2381+0.295%$42K$617K25xas long as short
SunX WIF-USDT+0.0100%4h0.2368−0.253%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2371−0.105%$540$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2370−0.168%$164K$719K75xas long as short
Extended WIF-USD+0.0104%1h0.2375+0.061%$10K$153K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2371−0.126%$79K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0153% / S −0.0775%1h0.2373−0.059%$4K100xas long as short
Coinbase International WIF-PERP-INTX+0.0272%1h0.2378+0.168%$312K$2.3M50xas long as short
BloFin WIF-USDT+0.0340%4h0.23740.000%$967K$686K75xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2371−0.110%$015xas long as short