Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.052%

Price spread now: BingX against Variational Omni−0.462%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on BingX

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.462% cheaper against Variational Omni than usual: you would sell low and buy high, −$46 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	Variational Omni WIF	0.2427	0.0100	pay 0.0050% / 4h	31m 52s	$72K	$68K	—
Short	BingX WIF-USDC	0.2416	0.0100	get 0.0050% / 4h	31m 52s	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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 Variational OmnibpFee BingXbpOrdersPrice spread, now −0.462%Rate

Funding earned: $0
Price spread: −0.462% → 0.000%: −$46.23
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$56.23
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 2 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 Variational Omni no order-book sample	—	—	—	—	—
Sell BingX live order book, 2 min ago	4.13 bp	28.5 bp −$29	74.2 bp −$742	345.7 bp −$34.6K	790.2 bp −$395.1K

Variational Omni: 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
Backpack WIF_USDC_PERP	−0.0421%	1h	0.2420	−0.314%	$72K	$248K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0163%	1h	0.2421	−0.256%	$48K	$289K	25x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2425	−0.103%	$18K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2422	−0.203%	$16K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−1.327%	$10K	$10K	12x	as long as short
KuCoin WIFUSDTM	+0.0046%	4h	0.2419	−0.339%	$4.3M	$11.5M	75x	as long as short
Orderly PERP_WIF_USDC	+0.0093%	4h	0.2421	−0.256%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2422	−0.194%	$136K	$571K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2422	−0.215%	$54K	$484K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2424	−0.149%	$7.5M	$4.0M	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	0.2423	−0.193%	$24K	$256K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2425	−0.094%	$75K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2420	−0.297%	$18.0M	$103.5M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2419	−0.335%	$16.6M	$35.9M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2420	−0.297%	$6.0M	$31.8M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2419	−0.339%	$1.2M	$7.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2421	−0.256%	$21.9M	$10.8M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2421	−0.256%	$7.5M	$11.8M	50x	as long as short
BingX WIF-USDCshort	+0.0100%	4h	0.2416	−0.462%	—	$2.3M	—
Variational Omni WIFlong	+0.0100%	4h	0.2427	long leg	$72K	$68K	—
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2427	+0.007%	$275K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2428	+0.032%	$43K	$623K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2418	−0.380%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2421	−0.256%	$552	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2422	−0.215%	$168K	$740K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2420	−0.314%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2422	−0.236%	$81K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2422	−0.222%	$6K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2423	−0.174%	$319K	$2.4M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0322%	1h	0.2424	−0.118%	$632K	$2.2M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2429	+0.073%	$990K	$726K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2421	−0.268%	$0	—	15x	as long as short