WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0268%/8h= −29.3% APRnext payment −$1.34 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against MEXC0.000%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$690.691% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 on $10k

Price spread, last 7 days+0.090%+$9 · spread now 0.000%, 7d avg +0.019%

Together, before fees−0.011%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.101% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WIF_USDT	0.2362	0.0100	pay 0.0050% / 4h	2h 03m	$21.1M	$10.8M	50x
Short	KuCoin WIFUSDTM	0.2362	−0.0168	pay 0.0084% / 4h	2h 03m	$4.1M	$11.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$56.28
Price spread: 0.000% → +0.019%: −$1.9
Slippage, 4 orders: −$53.11
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$127.29
Costs to cover: 0.691%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago	2.11 bp	10.8 bp −$11	20.6 bp −$206	90.7 bp −$9,075	147.5 bp −$73.7K
Sell KuCoin live order book, 5 min ago	4.22 bp	24.9 bp −$25	62.0 bp −$620	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
Backpack WIF_USDC_PERP	−0.0631%	1h	0.2360	−0.085%	$73K	$235K	10x	as long as short
Injective WIF/USDC PERP	−0.0321%	1h	0.2395	+1.397%	$10K	$10K	12x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0173%	1h	0.2362	0.000%	$46K	$289K	25x	as long as short
KuCoin WIFUSDTMshort	−0.0168%	4h	0.2362	0.000%	$4.1M	$11.2M	75x
Kraken Futures PF_WIFUSD	−0.0077%	1h	0.2364	+0.094%	$626K	$2.1M	50x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2362	0.000%	$18K	$582	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2362	+0.016%	$14K	—	150x	as long as short
Variational Omni WIF	+0.0031%	4h	0.2358	−0.153%	$67K	$65K	—	as long as short
Aster WIFUSDT	+0.0057%	4h	0.2363	+0.035%	$23K	$255K	10x	as long as short
Gate WIF_USDT	+0.0080%	4h	0.2362	0.000%	$1.2M	$6.9M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT WIF_USDT_Perp	+0.0080%	4h	0.2360	−0.072%	$271K	$1.8M	10x	as long as short
Orderly PERP_WIF_USDC	+0.0091%	4h	0.2361	−0.042%	$4K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2363	+0.059%	$131K	$541K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2363	+0.042%	$52K	$483K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2366	+0.148%	$7.3M	$4.0M	5x	as long as short
Pacifica WIF	+0.0100%	1h	0.2363	+0.047%	$75K	$48K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2363	+0.049%	$17.5M	$99.4M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2363	+0.042%	$16.5M	$34.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2365	+0.127%	$6.1M	$30.2M	50x	as long as short
MEXC WIF_USDTlong	+0.0100%	4h	0.2362	long leg	$21.1M	$10.8M	50x
Bitget WIFUSDT	+0.0100%	4h	0.2363	+0.042%	$7.2M	$11.6M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2363	+0.042%	—	$65.0M	—	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2361	−0.042%	$41K	$618K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2356	−0.254%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2361	−0.047%	$539	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2362	0.000%	$163K	$719K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2362	+0.021%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2361	−0.032%	$79K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0168% / S −0.0877%	1h	0.2362	+0.005%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0272%	1h	0.2364	+0.085%	$310K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2360	−0.085%	$968K	$684K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2363	+0.059%	$0	—	15x	as long as short