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+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +3.816%
Price spread now: ApeX Omni against GMX−0.420%68s7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.420% cheaper against GMX than usual: you would sell low and buy high, −$42 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WIF/USD [WBTC.b-USDC]0.2395L +0.0094% / S +0.0031%pay 0.0012% / 1h36m 13s$9K100x
ShortApeX Omni WIFUSDT0.23850.0100get 0.0013% / 1h36m 13s$44K$627K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
$1.25
Price spread: −0.420% → 0.000%
−$42.04
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$62.79
Costs to cover
0.220%
Break-even
357.8 days
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 12 min ago. 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 GMX no order-book sample
Sell ApeX Omni live order book, 12 min ago10.20 bp19.1 bp −$19117.6 bp −$1,176doesn't fitdoesn't fit
GMX: 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
BloFin WIF-USDT−0.0140%4h0.2403+0.331%$1.0M$897K75xas long as short
Backpack WIF_USDC_PERP−0.0001%1h0.2394−0.028%$72K$316K10xas long as short
dYdX WIF-USD0.0000%1h0.2398+0.106%$13K$59710xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2396+0.039%$32K$274K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2395+0.017%150xas long as short
GMX WIF/USD [WBTC.b-USDC]longL +0.0094% / S +0.0031%1h0.2395long leg$9K100x
Lighter WIF+0.0096%1h0.2397+0.060%$144K$667K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2398+0.122%$51K$570K20xas long as short
Hyperliquid WIF+0.0100%1h0.2398+0.118%$8.5M$6.2M5xas long as short
Aster WIFUSDT+0.0100%4h0.2395+0.016%$29K$330K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WIF+0.0100%1h0.2399+0.156%$75K$69K5xas long as short
Binance WIFUSDT+0.0100%4h0.2397+0.068%$18.7M$137.8M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2396+0.018%$16.4M$45.8M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2396+0.039%$5.5M$39.2M50xas long as short
Gate WIF_USDT+0.0100%4h0.2396+0.039%$1.1M$8.8M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2396+0.039%$21.8M$11.9M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2395−0.003%$3.9M$15.9M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2396+0.039%$7.3M$15.3M50xas long as short
BingX WIF-USDT+0.0100%4h0.2396+0.039%$27.1Mas long as short
Variational Omni WIF+0.0100%4h0.2389−0.249%$89K$173Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2390−0.214%$271K$2.7M10xas long as short
ApeX Omni WIFUSDTshort+0.0100%1h0.2385−0.420%$44K$627K25x
Orderly PERP_WIF_USDC+0.0100%4h0.2395−0.003%$4K$1.1M10xas long as short
SunX WIF-USDT+0.0100%4h0.2391−0.170%$1K$3.0M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2394−0.066%$551$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2394−0.045%$169K$778K75xas long as short
Extended WIF-USD+0.0104%1h0.2392−0.133%$8K$163K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2393−0.104%$80K$853xas long as short
Kraken Futures PF_WIFUSD+0.0250%1h0.23950.000%$632K$2.5M50xas long as short
Coinbase International WIF-PERP-INTX+0.0416%1h0.2398+0.122%$323K$3.0M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2394−0.039%$015xas long as short
Injective WIF/USDC PERP+0.0707%1h0.2398+0.122%$10K$10K12xas long as short