Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: MEXC against Gate0.000%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$660.661% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$5 on $10k

Price spread, last 7 days+0.009%+$1 · spread now 0.000%, 7d avg −0.016%

Together, before fees+0.064%+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WIF_USDT	0.2532	0.0100	pay 0.0050% / 4h	2m 09s	$1.2M	$7.9M	50x
Short	MEXC WIF_USDT	0.2532	0.0100	get 0.0050% / 4h	2m 09s	$23.4M	$11.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.016%: $1.62
Slippage, 4 orders: −$47.06
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$64.44
Costs to cover: 0.661%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 2 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 Gate live order book, 1 min ago	3.96 bp	29.1 bp −$29	58.1 bp −$581	84.4 bp −$8,438	doesn't fit
Sell MEXC live order book, 2 min ago	1.98 bp	6.6 bp −$7	20.1 bp −$201	117.4 bp −$11.7K	151.6 bp −$75.8K

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	−0.0210%	4h	0.2525	−0.276%	$1.0M	$861K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0008%	1h	0.2532	0.000%	$77K	$297K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2523	−0.355%	$18K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2531	−0.026%	$818	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−2.449%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2535	+0.118%	$140K	$631K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2530	−0.079%	$55K	$512K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2532	−0.002%	$33K	$288K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2524	−0.332%	$78K	$61K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2533	+0.057%	$19.4M	$121.1M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WIFUSDT	+0.0100%	4h	0.2531	−0.047%	$17.3M	$40.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2532	0.000%	$6.1M	$37.5M	50x	as long as short
Gate WIF_USDTlong	+0.0100%	4h	0.2532	long leg	$1.2M	$7.9M	50x
MEXC WIF_USDTshort	+0.0100%	4h	0.2532	0.000%	$23.4M	$11.5M	50x
KuCoin WIFUSDTM	+0.0100%	4h	0.2533	+0.039%	$4.5M	$14.7M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2531	−0.039%	$7.7M	$13.6M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2531	−0.039%	—	$23.5M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2502	−1.182%	$86K	$79K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2506	−1.040%	$284K	$2.4M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2510	−0.869%	$46K	$626K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2532	0.000%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2528	−0.158%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2532	+0.020%	$587	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2536	+0.158%	$168K	$704K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2534	+0.071%	$11K	$150K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2534	+0.073%	$85K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0126% / S −0.0008%	1h	0.2532	0.000%	$8K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0144%	1h	0.2536	+0.158%	$46K	$256K	25x	as long as short
Kraken Futures PF_WIFUSD	+0.0256%	1h	0.2535	+0.110%	$658K	$2.3M	50x	as long as short
Coinbase International WIF-PERP-INTX	+0.0328%	1h	0.2540	+0.316%	$339K	$2.9M	50x	as long as short
Hyperliquid WIF	+0.0356%	1h	0.2535	+0.134%	$8.3M	$5.0M	5x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2532	+0.003%	$1	—	15x	as long as short