Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%

Price spread now: KuCoin against SoDEX+0.278%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on KuCoin

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—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.278% dearer against SoDEX than usual: you sell high and buy low, +$28 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	SoDEX WIF-USD	0.2519	0.0100	pay 0.0013% / 1h	15m 52s	$581	$5K	5x
Short	KuCoin WIFUSDTM	0.2526	0.0100	get 0.0050% / 4h	15m 52s	$4.2M	$17.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SoDEX. 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 SoDEXbpFee KuCoinbpOrdersPrice spread, now +0.278%Rate

Funding earned: $0
Price spread: +0.278% → 0.000%: $27.79
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $7.79
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 3 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 3 min ago	3.99 bp	21.5 bp −$22	59.3 bp −$593	doesn't fit	doesn't fit

SoDEX: 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
GMX WIF/USD [WBTC.b-USDC]	L −0.0176% / S +0.0275%	1h	0.2519	−0.019%	$20K	—	100x	as long as short
Injective WIF/USDC PERP	−0.0161%	1h	0.2462	−2.263%	$10K	$11K	12x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2516	−0.119%	$1.0M	$953K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2517	−0.060%	$14K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2520	+0.040%	$33K	$275K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2519	+0.015%	$4K	—	150x	as long as short
Backpack WIF_USDC_PERP	+0.0018%	1h	0.2517	−0.071%	$76K	$310K	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2521	+0.087%	$144K	$711K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2519	0.000%	$54K	$576K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2530	+0.425%	$8.8M	$6.9M	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	0.2527	+0.325%	$30K	$352K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2517	−0.073%	$78K	$74K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2528	+0.355%	$19.4M	$149.5M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2528	+0.357%	$16.9M	$49.2M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2528	+0.357%	$5.7M	$44.0M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2527	+0.318%	$1.2M	$9.5M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2528	+0.357%	$22.7M	$12.5M	50x	as long as short
KuCoin WIFUSDTMshort	+0.0100%	4h	0.2526	+0.278%	$4.2M	$17.1M	75x
Bitget WIFUSDT	+0.0100%	4h	0.2528	+0.357%	$7.7M	$16.3M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2527	+0.318%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2517	−0.075%	$74K	$193K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2508	−0.439%	$283K	$3.0M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2513	−0.238%	$45K	$641K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2520	+0.040%	$6K	$1.0M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2515	−0.159%	$1K	$3.1M	50x	as long as short
SoDEX WIF-USDlong	+0.0100%	1h	0.2519	long leg	$581	$5K	5x
HTX WIF-USDT	+0.0100%	4h	0.2513	−0.238%	$159K	$912K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2526	+0.274%	$10K	$181K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2518	−0.035%	$84K	$85	3x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2522	+0.119%	$334K	$3.4M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2517	−0.085%	$1	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0804%	1h	0.2520	+0.052%	$656K	$2.7M	50x	as long as short