WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0174%/8h= +19.1% APRnext payment +$0.22 per $10,000 · paid last 24h +0.013%

Price spread now: ApeX Omni against Kraken Futures+0.057%45s7-day average −0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$840.841% of the position

Long on Kraken Futures Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.167%+$17 on $10k

Price spread, last 3 days (all we have)−0.203%−$20 · spread now +0.057%, 7d avg −0.070%

Together, before fees−0.035%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and ApeX Omni is 0.127% dearer against Kraken Futures than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.070%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WIFUSD	0.2470	−0.0074	get 0.0009% / 1h	59m 26s	$641K	$2.3M	50x
Short	ApeX Omni WIFUSDT	0.2471	0.0100	get 0.0013% / 1h	59m 26s	$42K	$629K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Kraken Futures. 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 Kraken FuturesbpFee ApeX OmnibpOrdersPrice spread, now +0.057%Rate

Funding earned: $36.62
Price spread: +0.057% → −0.070%: $12.65
Slippage, 4 orders: −$64.11
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$34.84
Costs to cover: 0.841%
Break-even: 13.7 days

Slippage from Kraken Futures: live order book, 4 min ago; ApeX Omni: live order book, 4 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 Kraken Futures live order book, 4 min ago	10.11 bp	23.7 bp −$24	65.9 bp −$659	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 4 min ago	10.12 bp	18.1 bp −$18	106.4 bp −$1,064	doesn't fit	doesn't fit

WIF on 31 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
Injective WIF/USDC PERP	−0.0783%	1h	0.2470	+0.016%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSDlong	−0.0074%	1h	0.2470	long leg	$641K	$2.3M	50x
Backpack WIF_USDC_PERP	−0.0008%	1h	0.2465	−0.174%	$81K	$273K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2470	−0.001%	$19K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2468	−0.065%	$46K	$268K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2464	−0.209%	$797	—	150x	as long as short
Gate WIF_USDT	+0.0030%	4h	0.2468	−0.065%	$1.2M	$7.4M	50x	as long as short
Lighter WIF	+0.0096%	1h	0.2472	+0.093%	$140K	$627K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2465	−0.186%	$57K	$496K	20x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2469	−0.024%	$5K	$1.3M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WIF	+0.0100%	1h	0.2469	−0.028%	$8.0M	$4.7M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2470	+0.017%	$35K	$279K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2470	+0.017%	$77K	$55K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2466	−0.127%	$18.8M	$113.3M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2464	−0.247%	$17.0M	$38.2M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2463	−0.267%	$5.9M	$34.6M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2464	−0.227%	$21.9M	$10.8M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2465	−0.186%	$4.5M	$13.3M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2466	−0.146%	$7.5M	$12.6M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2470	+0.016%	—	$65.9M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2470	+0.019%	$75K	$69K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2468	−0.065%	$276K	$2.0M	10x	as long as short
ApeX Omni WIFUSDTshort	+0.0100%	1h	0.2471	+0.057%	$42K	$629K	25x
SunX WIF-USDT	+0.0100%	4h	0.2469	−0.024%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2468	−0.065%	$564	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2468	−0.065%	$166K	$692K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2466	−0.149%	$8K	$152K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2468	−0.079%	$82K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0164% / S −0.0033%	1h	0.2469	−0.040%	$8K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0304%	1h	0.2473	+0.138%	$328K	$2.5M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2464	−0.233%	$0	—	15x	as long as short