Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%

Price spread now: Aster against MEXC−0.044%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$600.603% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.236%−$24 · spread now −0.044%, 7d avg +0.025%

Together, before fees−0.226%+ Points / potential airdropAster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.069% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WIF_USDT	0.2547	0.0100	pay 0.0050% / 4h	3h 12m	$23.7M	$11.6M	50x
Short	Aster WIFUSDT	0.2546	0.0100	get 0.0050% / 4h	3h 12m	$44K	$310K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now −0.044%Rate

Funding earned: $0
Price spread: −0.044% → +0.025%: −$6.95
Slippage, 4 orders: −$48.26
Fee MEXC: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$67.2
Costs to cover: 0.603%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Aster: live order book, 40 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 MEXC live order book, 1 min ago	1.97 bp	8.1 bp −$8	22.9 bp −$229	109.5 bp −$11.0K	151.2 bp −$75.6K
Sell Aster live order book, 40 min ago	9.71 bp	19.2 bp −$19	doesn't fit	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	−0.0196%	4h	0.2534	−0.510%	$1.1M	$903K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2547	−0.018%	$14K	$597	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2534	−0.510%	$34K	$272K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2549	+0.091%	—	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2555	+0.314%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2550	+0.126%	$146K	$653K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2545	−0.079%	$53K	$563K	20x	as long as short
Aster WIFUSDTshort	+0.0100%	4h	0.2546	−0.044%	$44K	$310K	10x
Pacifica WIF	+0.0100%	1h	0.2547	+0.012%	$79K	$67K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2548	+0.051%	$20.2M	$129.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WIFUSDT	+0.0100%	4h	0.2553	+0.236%	$17.5M	$43.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2555	+0.314%	$6.1M	$39.4M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2547	0.000%	$1.2M	$8.4M	50x	as long as short
MEXC WIF_USDTlong	+0.0100%	4h	0.2547	long leg	$23.7M	$11.6M	50x
KuCoin WIFUSDTM	+0.0100%	4h	0.2544	−0.118%	$4.3M	$15.4M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2548	+0.039%	$7.8M	$14.5M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2554	+0.275%	—	$26.6M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2535	−0.483%	$76K	$306K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2550	+0.120%	$87K	$145K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2542	−0.205%	$286K	$2.6M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2550	+0.118%	$47K	$626K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2552	+0.196%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2532	−0.589%	$1K	$3.0M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2536	−0.412%	$589	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2529	−0.707%	$167K	$737K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2546	−0.048%	$11K	$115K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2534	−0.502%	$85K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0109% / S +0.0022%	1h	0.2549	+0.097%	$9K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2537	−0.393%	$337K	$3.1M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0362%	1h	0.2538	−0.365%	$663K	$2.4M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2548	+0.043%	$1	—	15x	as long as short
Hyperliquid WIF	+0.0712%	1h	0.2554	+0.255%	$8.7M	$5.3M	5x	as long as short