WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0276%/8h= −30.2% APRnext payment −$1.38 per $10,000 · paid last 24h +0.053%

Price spread now: BloFin against MEXC+0.121%94s7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2as 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−$460.460% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.441%+$44 on $10k

Price spread, last 4 days (all we have)+0.071%+$7 · spread now +0.121%, 7d avg +0.021%

Together, before fees+0.512%+$51 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.100% dearer against MEXC than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.021%): +$10 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 29 hours. Mind the row above: over the last 7 days funding on this pair paid +0.441%, so the current rate has only just turned against you. The two prices were read 94 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	MEXC WIF_USDT	0.2471	0.0100	pay 0.0050% / 4h	1h 31m	$22.2M	$11.0M	50x
Short	BloFin WIF-USDT	0.2474	−0.0176	pay 0.0088% / 4h	1h 31m	$1.0M	$825K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.121%Rate

Funding earned: −$57.95
Price spread: +0.121% → +0.021%: $10.04
Slippage, 4 orders: −$30.01
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$93.91
Costs to cover: 0.460%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 10 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, 2 min ago	2.02 bp	7.4 bp −$7	16.4 bp −$164	97.1 bp −$9,712	143.3 bp −$71.7K
Sell BloFin live order book, 10 min ago	4.05 bp	18.2 bp −$18	29.3 bp −$293	68.8 bp −$6,878	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-USDTshort	−0.0176%	4h	0.2474	+0.121%	$1.0M	$825K	75x
dYdX WIF-USD	0.0000%	1h	0.2472	+0.020%	$19K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2469	−0.081%	$46K	$258K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2470	−0.055%	$798	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−0.040%	$11K	$10K	12x	as long as short
Gate WIF_USDT	+0.0050%	4h	0.2469	−0.081%	$1.2M	$7.5M	50x	as long as short
Backpack WIF_USDC_PERP	+0.0087%	1h	0.2467	−0.154%	$78K	$280K	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2474	+0.113%	$140K	$627K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2471	0.000%	$57K	$497K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2471	+0.014%	$34K	$283K	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	0.2472	+0.024%	$76K	$56K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2472	+0.040%	$18.8M	$114.5M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2469	−0.081%	$17.0M	$38.4M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2470	−0.040%	$5.9M	$34.9M	50x	as long as short
MEXC WIF_USDTlong	+0.0100%	4h	0.2471	long leg	$22.2M	$11.0M	50x
KuCoin WIFUSDTM	+0.0100%	4h	0.2471	0.000%	$4.4M	$13.6M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2471	0.000%	$7.5M	$12.7M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2467	−0.162%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2463	−0.323%	$75K	$69K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2470	−0.053%	$284K	$2.1M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2470	−0.040%	$42K	$628K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2470	−0.040%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2468	−0.121%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2470	−0.053%	$571	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2466	−0.202%	$166K	$691K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2470	−0.028%	$11K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2470	−0.054%	$82K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0138%	1h	0.2471	−0.009%	$648K	$2.3M	50x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0155% / S −0.0027%	1h	0.2470	−0.038%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0292%	1h	0.2475	+0.176%	$8.0M	$4.7M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2470	−0.040%	$330K	$2.6M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2469	−0.078%	$0	—	15x	as long as short