Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0174%/8h= +19.1% APRpaid last 24h +0.021%

Price spread now: Aevo against KuCoin−0.419%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.150%+$15 on $10k

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

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.419% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.419% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$42 on $10k: about 8.0 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.150% in total) that is about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WIFUSDTM	0.2480	−0.0070	get 0.0035% / 4h	3h 07m	$5.1M	$12.5M	75x
Short	Aevo WIF-PERP	0.2470	0.0104	get 0.0013% / 1h	7m 35s	$82K	$85	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against KuCoin. 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 KuCoinbpFee AevobpOrdersPrice spread, now −0.419%Rate

Funding earned: $36.54
Price spread: −0.419% → 0.000%: −$41.9
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$33.36
Costs to cover: 0.280%
Break-even: 13.4 days

Slippage unknown: KuCoin: live order book, 6 min ago; Aevo: 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 KuCoin live order book, 6 min ago	4.01 bp	21.8 bp −$22	68.5 bp −$685	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Backpack WIF_USDC_PERP	−0.0159%	1h	0.2470	−0.403%	$73K	$256K	10x	as long as short
Gate WIF_USDT	−0.0144%	4h	0.2479	−0.040%	$1.3M	$7.3M	50x	as long as short
KuCoin WIFUSDTMlong	−0.0070%	4h	0.2480	long leg	$5.1M	$12.5M	75x
dYdX WIF-USD	0.0000%	1h	0.2478	−0.096%	$19K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2472	−0.323%	$49K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2470	−0.384%	$12K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−0.403%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0039%	1h	0.2475	−0.208%	$646K	$2.3M	50x	as long as short
Lighter WIF	+0.0096%	1h	0.2474	−0.246%	$147K	$596K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2481	+0.040%	$56K	$496K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_WIF_USDC	+0.0099%	4h	0.2470	−0.403%	$5K	$1.3M	10x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2471	−0.370%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2479	−0.049%	$77K	$52K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2479	−0.042%	$18.9M	$109.0M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2482	+0.073%	$17.1M	$37.4M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2482	+0.081%	$5.9M	$34.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2482	+0.081%	$22.5M	$11.2M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2482	+0.081%	$7.5M	$12.2M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2481	+0.040%	—	$65.8M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2487	+0.286%	$74K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2496	+0.644%	$283K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2490	+0.403%	$43K	$632K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2469	−0.444%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2472	−0.319%	$560	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2468	−0.484%	$169K	$746K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2481	+0.048%	$10K	$155K	25x	as long as short
Aevo WIF-PERPshort	+0.0104%	1h	0.2470	−0.419%	$82K	$85	3x
GMX WIF/USD [WBTC.b-USDC]	L +0.0186% / S −0.0047%	1h	0.2470	−0.397%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0202%	1h	0.2478	−0.093%	$8.0M	$4.3M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2473	−0.282%	$332K	$2.5M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2473	−0.282%	$1.0M	$699K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2467	−0.539%	$0	—	15x	as long as short