WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0146%/8h= −15.9% APRnext payment −$0.18 per $10,000 · paid last 24h +0.008%

Price spread now: Extended against Kraken Futures−0.133%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$910.911% of the position

Long on Kraken Futures Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.142%+$14 on $10k

Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.133%, 7d avg −0.067%

Together, before fees+0.099%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.066% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.067%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.142%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WIFUSD	0.2395	0.0250	pay 0.0031% / 1h	36m 16s	$632K	$2.5M	50x
Short	Extended WIF-USD	0.2392	0.0104	get 0.0013% / 1h	36m 16s	$8K	$163K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.133%Rate

Funding earned: −$30.57
Price spread: −0.133% → −0.067%: −$6.6
Slippage, 4 orders: −$76.12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$128.29
Costs to cover: 0.911%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 2 min ago; Extended: live order book, 9 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, 2 min ago	14.65 bp	27.3 bp −$27	71.5 bp −$715	doesn't fit	doesn't fit
Sell Extended live order book, 9 min ago	6.13 bp	18.7 bp −$19	99.3 bp −$993	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	−0.0140%	4h	0.2403	+0.331%	$1.0M	$897K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0004%	1h	0.2400	+0.210%	$72K	$316K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2398	+0.106%	$13K	$597	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2396	+0.039%	$32K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2395	+0.017%	—	—	150x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0094% / S +0.0031%	1h	0.2395	0.000%	$9K	—	100x	as long as short
Lighter WIF	+0.0096%	1h	0.2401	+0.243%	$144K	$667K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2398	+0.122%	$51K	$570K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2398	+0.118%	$8.5M	$6.2M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2397	+0.087%	$29K	$330K	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	0.2399	+0.156%	$75K	$69K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2396	+0.032%	$18.7M	$137.7M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2396	+0.018%	$16.4M	$45.8M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2394	−0.045%	$5.5M	$39.2M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2397	+0.081%	$1.1M	$8.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2396	+0.039%	$21.8M	$11.9M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2396	+0.039%	$3.9M	$15.9M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2395	−0.003%	$7.3M	$15.3M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2394	−0.045%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2389	−0.249%	$89K	$173K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2390	−0.214%	$271K	$2.7M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2385	−0.420%	$44K	$627K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2395	−0.003%	$4K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2391	−0.170%	$1K	$3.0M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2394	−0.066%	$551	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2394	−0.045%	$169K	$778K	75x	as long as short
Extended WIF-USDshort	+0.0104%	1h	0.2392	−0.133%	$8K	$163K	25x
Aevo WIF-PERP	+0.0104%	1h	0.2393	−0.104%	$80K	$85	3x	as long as short
Kraken Futures PF_WIFUSDlong	+0.0250%	1h	0.2395	long leg	$632K	$2.5M	50x
Coinbase International WIF-PERP-INTX	+0.0416%	1h	0.2398	+0.122%	$323K	$3.0M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2394	−0.039%	$0	—	15x	as long as short
Injective WIF/USDC PERP	+0.0707%	1h	0.2398	+0.122%	$10K	$10K	12x	as long as short