Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: Bybit against MEXC−0.080%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$420.422% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 7 days+0.044%+$4 · spread now −0.080%, 7d avg −0.011%
Together, before fees−0.049%−$5 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: Bybit is 0.070% 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 −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC WIF_USDT0.24850.0100pay 0.0050% / 4h2h 27m$22.3M$11.1M50x
ShortBybit WIFUSDT0.24830.0100get 0.0050% / 4h2h 27m$17.0M$38.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: −0.080% → −0.011%
−$6.99
Slippage, 4 orders
−$27.24
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$49.24
Costs to cover
0.422%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago2.01 bp9.4 bp −$921.0 bp −$21093.3 bp −$9,330130.1 bp −$65.0K
Sell Bybit live order book, 1 min ago2.02 bp11.9 bp −$1226.1 bp −$261222.1 bp −$22.2Kdoesn't fit

WIF on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WIF/USDC PERP−0.0783%1h0.2470−0.604%$11K$10K12xas long as short
Kraken Futures PF_WIFUSD−0.0074%1h0.2487+0.085%$645K$2.3M50xas long as short
Gate WIF_USDT−0.0070%4h0.2484−0.040%$1.2M$7.4M50xas long as short
dYdX WIF-USD0.0000%1h0.2475−0.418%$19K$58910xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2486+0.057%$804150xas long as short
KuCoin WIFUSDTM+0.0032%4h0.2486+0.040%$4.5M$13.0M75xas long as short
Backpack WIF_USDC_PERP+0.0067%1h0.2485−0.004%$79K$273K10xas long as short
Lighter WIF+0.0096%1h0.2487+0.068%$140K$624K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2477−0.322%$56K$496K20xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2488+0.121%$5K$1.3M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WIFUSDT+0.0100%4h0.2485−0.002%$35K$274K10xas long as short
Pacifica WIF+0.0100%1h0.2473−0.467%$77K$54K5xas long as short
Binance WIFUSDT+0.0100%4h0.2485+0.011%$18.9M$112.5M75xas long as short
Bybit WIFUSDTshort+0.0100%4h0.2483−0.080%$17.0M$38.1M50x
OKX WIF-USDT-SWAP+0.0100%4h0.24850.000%$5.9M$34.9M50xas long as short
MEXC WIF_USDTlong+0.0100%4h0.2485long leg$22.3M$11.1M50x
Bitget WIFUSDT+0.0100%4h0.2484−0.040%$7.5M$12.4M50xas long as short
BingX WIF-USDC+0.0100%4h0.2482−0.121%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2470−0.599%$75K$70Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2463−0.882%$279K$2.0M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2472−0.523%$43K$628K25xas long as short
SunX WIF-USDT+0.0100%4h0.2482−0.121%$1K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2485+0.020%$568$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2482−0.121%$169K$727K75xas long as short
Extended WIF-USD+0.0104%1h0.2483−0.066%$11K$155K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2487+0.096%$83K$853xas long as short
Deribit WIF_USDC-PERPETUAL+0.0152%1h0.2488+0.121%$49K$276K25xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0173% / S −0.0039%1h0.2486+0.033%$8K100xas long as short
Hyperliquid WIF+0.0229%1h0.2489+0.153%$8.0M$4.7M5xas long as short
Coinbase International WIF-PERP-INTX+0.0304%1h0.2487+0.080%$327K$2.6M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2483−0.096%$015xas long as short