Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

WIF

All WIF markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
PhemexWIFUSDT
0.2586+0.0100pay 0.0050% / 4h3h 00m$1.8M$2.2M50xLong Phemex
SHORT
GRVTWIF_USDT_Perp
0.2580+0.0100get 0.0050% / 4h3h 00m$289K$357K10xShort GRVT
Price gap−0.232%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.204% under its 7d average: the price leg works against you, −$20 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$10.0000% /8h now · paid −0.005% over the last 7D
Price−$20spread −0.232% now, avg −0.028% → −0.204% if it goes back
Costs−$1551.552% of $10k · taker + slippage, in and out
Result−$176−1.76%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.232%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

WIF on 33 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size48.5 / 25.3 bp
    At $10k entering Phemex costs 48.5 bp, fee and slippage, 1.9× GRVT’s.
  • Note: Margin at max leverage$200 + $1,000
    Phemex 50x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Phemex: 6 payments, −$3.00; short GRVT: 6 payments, +$3.00.
  • Watch: Gap narrower than usual−0.232% vs −0.028%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$289K vs $1.8M OI
    GRVT sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • Watch: KYCPhemex Yes · GRVT No
    KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0002%/8h × 21 periods−$0.50
Price spread−0.232% → −0.028% (7d avg)−$20.39
Slippage, 4 orderslive order books−$134.25
Fee Phemex bp × 2 orders−$12.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$176.13
Costs to cover1.552%Break-evennever at this rate
Slippage: Phemex: live order book, 6 min ago; GRVT: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPhemex11.6548.5 bp−$48159.5 bp−$1,595doesn’t fitdoesn’t fit
SELL · SHORTGRVT5.8225.3 bp−$25103.5 bp−$1,035doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

WIF news

posts that mention WIF, from every exchangeSearch all news →
09-30 01:05ReyaListingWIFRUSDPERP no longer reported ($WIF) seen by our collector
09-23 12:07PhemexListing🚀 New listing: $WIF Perps (@dogwifcoin) $WIF/USDT futures are now live on Phemex with up to 20x leverage. 🔗 Trade here: @Phemex_official on X ↗
09-23 09:31PhemexListingnew market WIFUSDT ($WIF) seen by our collector
09-22 07:03ApeX OmniOther59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗