Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.045%

Price spread now: Aevo against BloFin−0.039%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.397%−$40 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aevo is 0.039% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WIF-USDT	0.2471	0.0340	pay 0.0170% / 4h	3h 04m	$1.0M	$699K	75x
Short	Aevo WIF-PERP	0.2470	0.0104	get 0.0013% / 1h	4m 31s	$82K	$85	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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 BloFinbpFee AevobpOrdersPrice spread, now −0.039%Rate

Funding earned: −$49.56
Price spread: −0.039% → 0.000%: −$3.93
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$81.49
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 3 min ago; Aevo: no order-book sample. 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 BloFin live order book, 3 min ago	6.05 bp	20.1 bp −$20	34.6 bp −$346	73.0 bp −$7,300	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Gate WIF_USDT	−0.0152%	4h	0.2476	+0.202%	$1.3M	$7.3M	50x	as long as short
Backpack WIF_USDC_PERP	−0.0133%	1h	0.2467	−0.174%	$73K	$256K	10x	as long as short
KuCoin WIFUSDTM	−0.0070%	4h	0.2476	+0.202%	$5.0M	$12.5M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2473	+0.062%	$19K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2468	−0.121%	$48K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2477	+0.223%	$801	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−0.040%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0039%	1h	0.2471	+0.015%	$644K	$2.3M	50x	as long as short
Lighter WIF	+0.0096%	1h	0.2475	+0.170%	$147K	$596K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2479	+0.324%	$56K	$496K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_WIF_USDC	+0.0099%	4h	0.2474	+0.121%	$5K	$1.3M	10x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2473	+0.100%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2475	+0.144%	$76K	$52K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2478	+0.285%	$18.9M	$109.4M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2475	+0.166%	$17.0M	$37.5M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2473	+0.081%	$5.9M	$34.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2477	+0.243%	$22.5M	$11.2M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2478	+0.283%	$7.5M	$12.3M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2473	+0.081%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2475	+0.164%	$73K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2471	−0.010%	$280K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2476	+0.202%	$43K	$633K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2463	−0.324%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2470	−0.049%	$560	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2466	−0.202%	$169K	$746K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2476	+0.199%	$10K	$155K	25x	as long as short
Aevo WIF-PERPshort	+0.0104%	1h	0.2470	−0.039%	$82K	$85	3x
GMX WIF/USD [WBTC.b-USDC]	L +0.0185% / S −0.0046%	1h	0.2477	+0.231%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0189%	1h	0.2481	+0.417%	$8.0M	$4.5M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2471	0.000%	$324K	$2.5M	50x	as long as short
BloFin WIF-USDTlong	+0.0340%	4h	0.2471	long leg	$1.0M	$699K	75x
Reya WIFRUSDPERP	+0.0558%	1h	0.2477	+0.246%	$0	—	15x	as long as short