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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against Orderly0.000%7-day average +0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 3 days (all we have)−0.097%−$10 · spread now 0.000%, 7d avg +0.018%
Together, before fees−0.054%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_WIF_USDC0.23780.0090pay 0.0045% / 4h2h 34m$4K$1.3M10x
ShortBinance WIFUSDT0.23780.0100get 0.0050% / 4h2h 34m$17.6M$99.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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
$2.02
Price spread: 0.000% → +0.018%
−$1.81
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$15.79
Costs to cover
0.160%
Break-even
61.7 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Binance live order book, 8 min ago2.11 bp13.5 bp −$1432.9 bp −$329106.4 bp −$10.6Kdoesn't fit
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack WIF_USDC_PERP−0.0730%1h0.2376−0.067%$73K$234K10xas long as short
Injective WIF/USDC PERP−0.0321%1h0.2395+0.715%$10K$10K12xas long as short
KuCoin WIFUSDTM−0.0204%4h0.2376−0.084%$4.2M$11.1M75xas long as short
Deribit WIF_USDC-PERPETUAL−0.0170%1h0.2379+0.042%$47K$289K25xas long as short
Kraken Futures PF_WIFUSD−0.0076%1h0.2378+0.015%$625K$2.1M50xas long as short
Variational Omni WIF−0.0058%4h0.2374−0.151%$67K$47Kas long as short
Gate WIF_USDT−0.0028%4h0.23780.000%$1.2M$6.9M50xas long as short
dYdX WIF-USD0.0000%1h0.2377−0.042%$18K$58210xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2380+0.074%$15K150xas long as short
Aster WIFUSDT+0.0012%4h0.2378+0.003%$23K$254K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT WIF_USDT_Perp+0.0032%4h0.2375−0.127%$265K$1.8M10xas long as short
Orderly PERP_WIF_USDClong+0.0090%4h0.2378long leg$4K$1.3M10x
Lighter WIF+0.0096%1h0.2378+0.008%$132K$540K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2379+0.042%$53K$482K20xas long as short
Hyperliquid WIF+0.0100%1h0.2381+0.130%$7.4M$4.0M5xas long as short
Pacifica WIF+0.0100%1h0.2378−0.013%$75K$48K5xas long as short
Binance WIFUSDTshort+0.0100%4h0.23780.000%$17.6M$99.1M75x
Bybit WIFUSDT+0.0100%4h0.2377−0.063%$16.6M$34.6M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.23780.000%$6.1M$30.0M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2377−0.042%$21.2M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2377−0.042%$7.2M$11.5M50xas long as short
BingX WIF-USDT+0.0100%4h0.2377−0.042%$65.0Mas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2379+0.042%$42K$618K25xas long as short
SunX WIF-USDT+0.0100%4h0.2375−0.126%$1K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2377−0.021%$540$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2376−0.084%$164K$719K75xas long as short
Extended WIF-USD+0.0104%1h0.2377−0.033%$10K$153K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2378−0.014%$79K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0131% / S −0.0613%1h0.2379+0.057%$4K100xas long as short
Coinbase International WIF-PERP-INTX+0.0272%1h0.2381+0.126%$311K$2.3M50xas long as short
BloFin WIF-USDT+0.0340%4h0.2374−0.168%$963K$689K75xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2378−0.003%$015xas long as short