Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.044%

Price spread now: Variational Omni against MEXC+0.169%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on Variational Omni

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.169% dearer against MEXC than usual: you sell high and buy low, +$17 on $10k if it 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	MEXC WIF_USDT	0.2462	0.0100	pay 0.0050% / 4h	52m 49s	$22.4M	$10.8M	50x
Short	Variational Omni WIF	0.2466	0.0100	get 0.0050% / 4h	52m 49s	$73K	$68K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.169%Rate

Funding earned: $0
Price spread: +0.169% → 0.000%: $16.93
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $12.93
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: MEXC: live order book, 1 min ago; Variational Omni: 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 MEXC live order book, 1 min ago	2.03 bp	5.8 bp −$6	21.2 bp −$212	104.2 bp −$10.4K	147.3 bp −$73.6K
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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
Backpack WIF_USDC_PERP	−0.0426%	1h	0.2457	−0.183%	$73K	$249K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0156%	1h	0.2460	−0.081%	$48K	$289K	25x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2464	+0.064%	$18K	$589	10x	as long as short
KuCoin WIFUSDTM	0.0000%	4h	0.2459	−0.122%	$4.3M	$11.3M	75x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2463	+0.022%	$15K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−2.721%	$10K	$10K	12x	as long as short
Orderly PERP_WIF_USDC	+0.0090%	4h	0.2460	−0.081%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2461	−0.041%	$138K	$562K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2465	+0.122%	$55K	$485K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2464	+0.062%	$7.6M	$4.0M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2461	−0.036%	$25K	$256K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2463	+0.047%	$78K	$49K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2461	−0.027%	$18.5M	$102.7M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2460	−0.081%	$17.0M	$35.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2460	−0.081%	$6.1M	$32.2M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2461	−0.041%	$1.2M	$7.0M	50x	as long as short
MEXC WIF_USDTlong	+0.0100%	4h	0.2462	long leg	$22.4M	$10.8M	50x
Bitget WIFUSDT	+0.0100%	4h	0.2461	−0.041%	$7.6M	$11.8M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2462	0.000%	—	$2.3M	—	as long as short
Variational Omni WIFshort	+0.0100%	4h	0.2466	+0.169%	$73K	$68K	—
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2470	+0.309%	$275K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2460	−0.081%	$43K	$620K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2457	−0.203%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2460	−0.081%	$565	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2460	−0.081%	$170K	$721K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2461	−0.040%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2460	−0.097%	$82K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2462	+0.009%	$6K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2466	+0.162%	$325K	$2.4M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0317%	1h	0.2462	+0.018%	$656K	$2.2M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2459	−0.122%	$992K	$727K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2465	+0.108%	$0	—	15x	as long as short