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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0567%/8h= +62.1% APRnext payment +$0.71 per $10,000 · paid last 24h +0.102%
Price spread now: Coinbase International against Injective−1.016%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Coinbase International is 1.016% cheaper against Injective than usual: you would sell low and buy high (spread −1.016% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$102 on $10k: about 6.0 days of funding at the current rate (+$17 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective WIF/USDC PERP0.25590.0033pay 0.0004% / 1h52m 38s$10K$28K12x
ShortCoinbase International WIF-PERP-INTX0.25330.0600get 0.0075% / 1h52m 38s$345K$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
$119
Price spread: −1.016% → 0.000%
−$101.6
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$7.38
Costs to cover
0.100%
Break-even
6.6 days
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 4 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 Injective no order-book sample
Sell Coinbase International live order book, 4 min ago9.82 bp18.7 bp −$1931.1 bp −$311doesn't fitdoesn't fit
Injective: 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 exchanges

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−0.0188%1h0.2529−1.165%$89K$383K10xas long as short
BloFin WIF-USDT−0.0140%4h0.2528−1.211%$867K$1.1M75xas long as short
GMX WIF/USD [WBTC.b-USDC]L −0.0122% / S +0.0183%1h0.2527−1.245%$9K100xas long as short
dYdX WIF-USD0.0000%1h0.2529−1.159%$13K$58710xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2527−1.250%$34K$251K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2526−1.283%$4K150xas long as short
Injective WIF/USDC PERPlong+0.0033%1h0.2559long leg$10K$28K12x
Lighter WIF+0.0096%1h0.2531−1.082%$137K$929K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2527−1.250%$53K$609K20xas long as short
Orderly PERP_WIF_USDC+0.0098%4h0.2526−1.290%$5K$868K10xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WIF+0.0100%1h0.2531−1.079%$9.9M$9.6M5xas long as short
Aster WIFUSDT+0.0100%4h0.2530−1.131%$31K$415K10xas long as short
Pacifica WIF+0.0100%1h0.2529−1.175%$78K$99K5xas long as short
Binance WIFUSDT+0.0100%4h0.2528−1.199%$20.5M$178.0M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2526−1.293%$17.3M$60.2M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2527−1.250%$6.2M$52.0M50xas long as short
Gate WIF_USDT+0.0100%4h0.2528−1.211%$1.2M$12.9M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2527−1.250%$22.0M$15.0M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2527−1.250%$3.7M$18.9M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2527−1.250%$7.6M$19.8M50xas long as short
BingX WIF-USDC+0.0100%4h0.2527−1.250%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2542−0.671%$80K$371Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2537−0.860%$280K$3.4M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2539−0.782%$36K$649K25xas long as short
SunX WIF-USDT+0.0100%4h0.2525−1.329%$1K$3.2M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2530−1.153%$3K$6K5xas long as short
HTX WIF-USDT+0.0100%4h0.2522−1.446%$157K$1.0M75xas long as short
Extended WIF-USD+0.0104%1h0.2526−1.304%$9K$271K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2528−1.229%$84K3xas long as short
Kraken Futures PF_WIFUSD+0.0361%1h0.2530−1.121%$643K$3.1M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2527−1.267%$115xas long as short
Coinbase International WIF-PERP-INTXshort+0.0600%1h0.2533−1.016%$345K$4.0M50x