Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: SoDEX against GRVT−0.080%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: 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: SoDEX is 0.080% cheaper against GRVT than usual: you would sell low and buy high, −$8 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	GRVT WIF_USDT_Perp	0.2487	0.0100	pay 0.0050% / 4h	3h 52m	$277K	$3.0M	10x
Short	SoDEX WIF-USD	0.2485	0.0100	get 0.0013% / 1h	52m 53s	$577	$5K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against GRVT. 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 GRVTbpFee SoDEXbpOrdersPrice spread, now −0.080%Rate

Funding earned: $0
Price spread: −0.080% → 0.000%: −$8.04
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$25.04
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 6 min ago; SoDEX: 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 GRVT live order book, 6 min ago	6.04 bp	27.4 bp −$27	70.3 bp −$703	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate WIF_USDT	−0.0714%	4h	0.2496	+0.362%	$1.3M	$11.1M	50x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L −0.0297% / S +0.0299%	1h	0.2486	−0.030%	$19K	—	100x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2489	+0.080%	$1.0M	$1.0M	75x	as long as short
ApeX Omni WIFUSDT	−0.0001%	1h	0.2496	+0.362%	$35K	$653K	25x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2477	−0.422%	$13K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2487	0.000%	$33K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2475	−0.469%	$4K	—	150x	as long as short
Lighter WIF	+0.0096%	1h	0.2489	+0.076%	$145K	$806K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2487	0.000%	$53K	$579K	20x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2486	−0.040%	$6K	$1.1M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WIF	+0.0100%	1h	0.2498	+0.430%	$10.0M	$9.0M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2492	+0.181%	$41K	$410K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2475	−0.468%	$77K	$84K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2498	+0.460%	$19.8M	$164.7M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2497	+0.402%	$17.4M	$55.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2499	+0.483%	$5.9M	$47.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2506	+0.764%	$24.8M	$15.2M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2507	+0.804%	$3.9M	$17.9M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2497	+0.402%	$7.6M	$18.1M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2503	+0.643%	—	$27.5M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2485	−0.060%	$78K	$329K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2513	+1.049%	$74K	$364K	—	as long as short
GRVT WIF_USDT_Perplong	+0.0100%	4h	0.2487	long leg	$277K	$3.0M	10x
SunX WIF-USDT	+0.0100%	4h	0.2483	−0.161%	$2K	$3.3M	50x	as long as short
SoDEX WIF-USDshort	+0.0100%	1h	0.2485	−0.080%	$577	$5K	5x
HTX WIF-USDT	+0.0100%	4h	0.2479	−0.322%	$153K	$943K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2479	−0.326%	$10K	$211K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2485	−0.078%	$83K	—	3x	as long as short
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2485	−0.080%	$328K	$3.8M	50x	as long as short
Injective WIF/USDC PERP	+0.0323%	1h	0.2480	−0.281%	$10K	$27K	12x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2489	+0.085%	$0	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0744%	1h	0.2487	−0.010%	$639K	$2.9M	50x	as long as short