Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: Binance against Bitget+0.019%7-day average −0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$510.508% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 7 days−0.084%−$8 · spread now +0.019%, 7d avg −0.051%

Together, before fees−0.130%−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.069% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WIFUSDT	0.2455	0.0100	pay 0.0050% / 4h	1h 30m	$7.4M	$15.7M	50x
Short	Binance WIFUSDT	0.2455	0.0100	get 0.0050% / 4h	1h 30m	$18.7M	$143.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.019%Rate

Funding earned: $0
Price spread: +0.019% → −0.051%: $6.93
Slippage, 4 orders: −$28.78
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$43.85
Costs to cover: 0.508%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 12 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 Bitget live order book, 3 min ago	2.04 bp	13.6 bp −$14	33.9 bp −$339	100.4 bp −$10.0K	doesn't fit
Sell Binance live order book, 12 min ago	2.04 bp	11.6 bp −$12	30.9 bp −$309	107.2 bp −$10.7K	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
Injective WIF/USDC PERP	−0.0467%	1h	0.2462	+0.285%	$10K	$11K	12x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2449	−0.244%	$978K	$922K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0064%	1h	0.2446	−0.354%	$72K	$293K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2453	−0.098%	$13K	$587	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2447	−0.309%	—	—	150x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0042% / S +0.0253%	1h	0.2446	−0.356%	$21K	—	100x	as long as short
Lighter WIF	+0.0096%	1h	0.2454	−0.045%	$142K	$701K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2456	+0.041%	$53K	$571K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2455	+0.004%	$8.5M	$6.4M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2455	0.000%	$31K	$351K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WIF	+0.0100%	1h	0.2454	−0.045%	$77K	$70K	5x	as long as short
Binance WIFUSDTshort	+0.0100%	4h	0.2455	+0.019%	$18.7M	$143.6M	75x
Bybit WIFUSDT	+0.0100%	4h	0.2454	−0.041%	$16.6M	$47.4M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2456	+0.041%	$5.5M	$41.3M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2454	−0.041%	$1.1M	$9.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2454	−0.041%	$22.2M	$12.2M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2452	−0.122%	$4.0M	$16.4M	75x	as long as short
Bitget WIFUSDTlong	+0.0100%	4h	0.2455	long leg	$7.4M	$15.7M	50x
BingX WIF-USDT	+0.0100%	4h	0.2455	0.000%	—	$27.1M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2446	−0.364%	$72K	$193K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2446	−0.354%	$270K	$2.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2448	−0.285%	$45K	$631K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2448	−0.285%	$5K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2443	−0.489%	$2K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2447	−0.305%	$562	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2443	−0.489%	$142K	$909K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2454	−0.044%	$10K	$150K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2448	−0.301%	$82K	$85	3x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0159%	1h	0.2448	−0.285%	$33K	$274K	25x	as long as short
Kraken Futures PF_WIFUSD	+0.0348%	1h	0.2450	−0.218%	$634K	$2.7M	50x	as long as short
Coinbase International WIF-PERP-INTX	+0.0384%	1h	0.2446	−0.367%	$323K	$3.2M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2445	−0.403%	$0	—	15x	as long as short