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
My profile →
My profile
Funding arb · Price arb / Crypto

WIF

All WIF markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
PopdexWIFUSDT
0.2405+0.0096pay 0.0012% / 1h25m 00s$51K$149K20xLong Popdex
SHORT
PhemexWIFUSDT
0.2404+0.0100get 0.0050% / 4h25m 00s$1.7M$1.8M50xShort Phemex
Price gap−0.042%
Funding gap+0.0004% /8h

Funding is ≈ 0 and the gap is 0.038% under its 7d average: the price leg works against you, −$4 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$0+0.0004% /8h now · paid +0.005% over the last 7D
Price−$4spread −0.042% now, avg −0.003% → −0.038% if it goes back
Costs−$2582.575% of $10k · taker + slippage, in and out
Result−$261−2.61%no pointsWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Phemex price against Popdexnow
RANGE STATS · 7D
Now−0.042%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

WIF on 32 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size101.7 / 44.2 bp
    At $10k entering Popdex costs 101.7 bp, fee and slippage, 2.3× Phemex’s.
  • Note: Margin at max leverage$500 + $200
    Popdex 20x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$0.12Long Popdex: 24 payments, −$2.88; short Phemex: 6 payments, +$3.00.
  • Watch: Gap narrower than usual−0.042% vs −0.003%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$51K vs $1.7M OI
    Popdex sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCPopdex No · Phemex Yes
    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+$0.46
Price spread−0.042% → −0.003% (7d avg)−$3.84
Slippage, 4 orderslive order books−$239.14
Fee Popdex bp × 2 orders−$6.40
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$260.92
Costs to cover2.575%Break-even3967.6 days
Slippage: Popdex: live order book, 7 min ago; Phemex: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex6.22101.7 bp−$102doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPhemex2.0844.2 bp−$44doesn’t fitdoesn’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 ↗