Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%

Price spread now: ApeX Omni against HTX−0.158%7-day average −0.523% · you buy dearer than you sell

Net, funding: paid 7d − costs−$185as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1661.659% of the position

Long on HTX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.196%−$20 on $10k

Price spread, last 4 days (all we have)−0.319%−$32 · spread now −0.158%, 7d avg −0.523%

Together, before fees−0.515%−$51 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.365% dearer against HTX than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of −0.523%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WIF-USDT	0.2531	0.0100	pay 0.0050% / 4h	3h 59m	$168K	$706K	75x
Short	ApeX Omni WIFUSDT	0.2527	0.0100	get 0.0013% / 1h	59m 01s	$46K	$626K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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 HTXbpFee ApeX OmnibpOrdersPrice spread, now −0.158%Rate

Funding earned: $0
Price spread: −0.158% → −0.523%: $36.55
Slippage, 4 orders: −$143.86
Fee HTX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$129.32
Costs to cover: 1.659%
Break-even: never at this rate

Slippage from HTX: live order book, 60 min ago; ApeX Omni: live order book, 59 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 HTX live order book, 60 min ago	8.07 bp	69.5 bp −$69	433.0 bp −$4,330	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 59 min ago	8.09 bp	21.0 bp −$21	127.1 bp −$1,271	doesn't fit	doesn't fit

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	−0.0213%	4h	0.2528	−0.119%	$1.0M	$875K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0086%	1h	0.2524	−0.269%	$80K	$300K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2533	+0.099%	$17K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2527	−0.146%	$817	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−2.410%	$11K	$10K	12x	as long as short
SoDEX WIF-USD	+0.0095%	1h	0.2525	−0.241%	$585	$5K	5x	as long as short
Lighter WIF	+0.0096%	1h	0.2527	−0.138%	$139K	$627K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2531	0.000%	$55K	$518K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2530	−0.020%	$8.3M	$5.0M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2530	−0.047%	$34K	$288K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WIF	+0.0100%	1h	0.2536	+0.203%	$78K	$62K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2527	−0.145%	$19.4M	$121.8M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2529	−0.079%	$17.2M	$40.9M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2528	−0.119%	$6.1M	$37.5M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2528	−0.119%	$1.2M	$7.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2529	−0.079%	$23.3M	$11.4M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2527	−0.158%	$4.5M	$14.7M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2529	−0.079%	$7.7M	$13.6M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2533	+0.079%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2533	+0.081%	$87K	$79K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2525	−0.253%	$288K	$2.4M	10x	as long as short
ApeX Omni WIFUSDTshort	+0.0100%	1h	0.2527	−0.158%	$46K	$626K	25x
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2524	−0.277%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2521	−0.395%	$2K	$2.9M	50x	as long as short
HTX WIF-USDTlong	+0.0100%	4h	0.2531	long leg	$168K	$706K	75x
Extended WIF-USD	+0.0104%	1h	0.2528	−0.106%	$11K	$145K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2525	−0.230%	$84K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0125% / S −0.0007%	1h	0.2527	−0.156%	$8K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2530	−0.040%	$335K	$2.9M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0364%	1h	0.2527	−0.168%	$655K	$2.3M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2527	−0.174%	$1	—	15x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.1731%	1h	0.2529	−0.079%	$45K	$256K	25x	as long as short