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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0143%/8h= +15.6% APRnext payment +$0.71 per $10,000 · paid last 24h −0.002%
Price spread now: Orderly against Gate+0.041%7-day average −0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 3 days (all we have)+0.044%+$4 · spread now +0.041%, 7d avg −0.023%
Together, before fees+0.056%+$6 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 Orderly is 0.064% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate WIF_USDT0.2438−0.0048get 0.0024% / 4h3h 40m$1.2M$7.0M50x
ShortOrderly PERP_WIF_USDC0.24390.0095get 0.0047% / 4h3h 40m$5K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$29.99
Price spread: +0.041% → −0.023%
$6.45
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Orderly: 3 bp × 2 orders
−$6
Net
$15.44
Costs to cover
0.210%
Break-even
3.4 days
Slippage unknown: Gate: live order book, 2 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago4.09 bp27.6 bp −$2846.0 bp −$46070.3 bp −$7,031doesn't fit
Sell Orderly no order-book sample
Orderly: 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 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−0.0402%1h0.2435−0.131%$75K$252K10xas long as short
Deribit WIF_USDC-PERPETUAL−0.0160%1h0.24380.000%$48K$289K25xas long as short
Gate WIF_USDTlong−0.0048%4h0.2438long leg$1.2M$7.0M50x
dYdX WIF-USD0.0000%1h0.2443+0.187%$18K$58910xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2439+0.023%$16K150xas long as short
KuCoin WIFUSDTM+0.0010%4h0.2437−0.041%$4.3M$11.9M75xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2395−1.764%$10K$10K12xas long as short
Kraken Futures PF_WIFUSD+0.0040%1h0.2439+0.035%$631K$2.2M50xas long as short
Orderly PERP_WIF_USDCshort+0.0095%4h0.2439+0.041%$5K$1.3M10x
Lighter WIF+0.0096%1h0.2437−0.041%$146K$580K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex WIFUSDT+0.0096%1h0.2441+0.123%$54K$483K20xas long as short
Aster WIFUSDT+0.0100%4h0.2440+0.069%$24K$258K10xas long as short
Pacifica WIF+0.0100%1h0.2443+0.195%$75K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.2437−0.041%$18.3M$105.4M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2436−0.082%$16.8M$36.4M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2437−0.041%$5.9M$32.7M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2437−0.041%$22.0M$10.9M50xas long as short
Bitget WIFUSDT+0.0100%4h0.24380.000%$7.5M$11.9M50xas long as short
BingX WIF-USDC+0.0100%4h0.24380.000%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2441+0.128%$72K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2443+0.211%$276K$1.9M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2443+0.205%$43K$631K25xas long as short
SunX WIF-USDT+0.0100%4h0.2433−0.205%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2437−0.033%$557$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2434−0.164%$168K$745K75xas long as short
Extended WIF-USD+0.0104%1h0.2436−0.062%$11K$154K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2437−0.028%$81K$853xas long as short
Hyperliquid WIF+0.0134%1h0.2441+0.108%$7.7M$4.1M5xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0191% / S −0.0138%1h0.2438−0.006%$6K100xas long as short
Coinbase International WIF-PERP-INTX+0.0288%1h0.2441+0.123%$323K$2.4M50xas long as short
BloFin WIF-USDT+0.0340%4h0.2436−0.082%$991K$733K75xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2437−0.056%$015xas long as short