WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.043%

Price spread now: Coinbase International against Popdex+0.167%7-day average +0.125% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$153as in the Price arb table

costs, in and out, $10k−$1571.569% of the position

Long on Popdex Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.255%+$25 on $10k

Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.167%, 7d avg +0.125%

Together, before fees+0.302%+$30 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.042% dearer against Popdex than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.125%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex WIFUSDT	0.2402	0.0096	pay 0.0012% / 1h	37m 01s	$51K	$570K	20x
Short	Coinbase International WIF-PERP-INTX	0.2406	0.0416	get 0.0052% / 1h	37m 01s	$324K	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Popdex. 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 PopdexbpFee Coinbase InternationalbpOrdersPrice spread, now +0.167%Rate

Funding earned: $67.2
Price spread: +0.167% → +0.125%: $4.18
Slippage, 4 orders: −$140.5
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$85.52
Costs to cover: 1.569%
Break-even: 15.9 days

Slippage from Popdex: live order book, 12 min ago; Coinbase International: live order book, 2 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 Popdex live order book, 12 min ago	4.08 bp	70.7 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	8.38 bp	17.3 bp −$17	30.5 bp −$305	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
BloFin WIF-USDT	−0.0140%	4h	0.2403	+0.042%	$1.0M	$897K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0004%	1h	0.2400	−0.079%	$72K	$316K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2392	−0.416%	$13K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2402	+0.019%	—	—	150x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0094% / S +0.0031%	1h	0.2402	+0.002%	$9K	—	100x	as long as short
Lighter WIF	+0.0096%	1h	0.2404	+0.104%	$145K	$667K	10x	as long as short
Popdex WIFUSDTlong	+0.0096%	1h	0.2402	long leg	$51K	$570K	20x
Hyperliquid WIF	+0.0100%	1h	0.2402	−0.004%	$8.5M	$6.2M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2398	−0.181%	$29K	$330K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2392	−0.418%	$75K	$69K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WIFUSDT	+0.0100%	4h	0.2398	−0.180%	$18.7M	$137.7M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2398	−0.167%	$16.4M	$45.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2398	−0.167%	$5.5M	$39.2M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2403	+0.042%	$1.1M	$8.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2403	+0.042%	$21.8M	$11.9M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2402	0.000%	$4.0M	$15.9M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2398	−0.167%	$7.3M	$15.3M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2396	−0.250%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2389	−0.537%	$89K	$173K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2390	−0.502%	$271K	$2.7M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2385	−0.708%	$44K	$627K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2402	0.000%	$5K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2398	−0.167%	$2K	$3.0M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2403	+0.037%	$553	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2397	−0.208%	$169K	$778K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2396	−0.234%	$8K	$163K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2402	0.000%	$80K	$85	3x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0166%	1h	0.2404	+0.083%	$32K	$274K	25x	as long as short
Kraken Futures PF_WIFUSD	+0.0249%	1h	0.2404	+0.101%	$635K	$2.5M	50x	as long as short
Coinbase International WIF-PERP-INTXshort	+0.0416%	1h	0.2406	+0.167%	$324K	$3.0M	50x
Reya WIFRUSDPERP	+0.0558%	1h	0.2400	−0.067%	$0	—	15x	as long as short
Injective WIF/USDC PERP	+0.0707%	1h	0.2398	−0.167%	$10K	$10K	12x	as long as short