Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.008%

Price spread now: SoDEX against KuCoin+0.102%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SoDEX is 0.102% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WIFUSDTM	0.2461	−0.0008	get 0.0004% / 4h	2h 40m	$4.5M	$13.0M	75x
Short	SoDEX WIF-USD	0.2464	0.0100	get 0.0013% / 1h	40m 57s	$559	$5K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.102%Rate

Funding earned: $22.68
Price spread: +0.102% → 0.000%: $10.16
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $12.84
Costs to cover: 0.200%
Break-even: 3.0 days

Slippage unknown: KuCoin: live order book, 3 min ago; SoDEX: 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, 3 min ago	2.01 bp	23.7 bp −$24	65.1 bp −$651	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Injective WIF/USDC PERP	−0.0783%	1h	0.2470	+0.366%	$11K	$10K	12x	as long as short
Gate WIF_USDT	−0.0100%	4h	0.2457	−0.163%	$1.2M	$7.4M	50x	as long as short
Kraken Futures PF_WIFUSD	−0.0075%	1h	0.2464	+0.135%	$642K	$2.3M	50x	as long as short
KuCoin WIFUSDTMlong	−0.0008%	4h	0.2461	long leg	$4.5M	$13.0M	75x
dYdX WIF-USD	0.0000%	1h	0.2462	+0.025%	$18K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2463	+0.081%	$48K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2464	+0.122%	$797	—	150x	as long as short
Backpack WIF_USDC_PERP	+0.0045%	1h	0.2460	−0.057%	$77K	$272K	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2464	+0.138%	$138K	$624K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2466	+0.203%	$56K	$497K	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	0.2464	+0.122%	$5K	$1.3M	10x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2463	+0.083%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2462	+0.048%	$77K	$53K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2458	−0.122%	$18.6M	$111.9M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2456	−0.203%	$16.8M	$38.0M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2458	−0.122%	$5.9M	$34.4M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2458	−0.122%	$22.1M	$11.0M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2458	−0.122%	$7.4M	$12.4M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2456	−0.203%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2462	+0.045%	$75K	$70K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2474	+0.523%	$274K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2485	+0.975%	$43K	$629K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2458	−0.122%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USDshort	+0.0100%	1h	0.2464	+0.102%	$559	$5K	5x
HTX WIF-USDT	+0.0100%	4h	0.2459	−0.081%	$168K	$750K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2458	−0.136%	$11K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2462	+0.046%	$82K	$85	3x	as long as short
Hyperliquid WIF	+0.0176%	1h	0.2465	+0.151%	$8.0M	$4.7M	5x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0177% / S −0.0042%	1h	0.2463	+0.100%	$8K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0304%	1h	0.2463	+0.081%	$324K	$2.5M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2487	+1.056%	$997K	$710K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2465	+0.147%	$0	—	15x	as long as short