Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against BloFin+0.080%95s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$570.570% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.343%−$34 on $10k
Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.080%, 7d avg +0.050%
Together, before fees−0.520%−$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.030% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.050%. Mind the row above: over the last 7 days funding on this pair cost −0.343%, so the current rate has only just turned in your favour. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WIF-USDT0.2487−0.0140get 0.0070% / 4h3h 29m$1.0M$1.0M75x
ShortBitget WIFUSDT0.24890.0100get 0.0050% / 4h3h 29m$7.6M$18.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$50.4
Price spread: +0.080% → +0.050%
$3.04
Slippage, 4 orders
−$33.01
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$3.57
Costs to cover
0.570%
Break-even
7.5 days
Slippage from BloFin: live order book, 2 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 2 min ago4.02 bp14.9 bp −$1532.5 bp −$325100.8 bp −$10.1Kdoesn't fit
Sell Bitget live order book, 4 min ago2.00 bp13.7 bp −$1435.9 bp −$359152.4 bp −$15.2Kdoesn't fit

WIF on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX WIF/USD [WBTC.b-USDC]L −0.0415% / S +0.0324%1h0.2493+0.232%$19K100xas long as short
Gate WIF_USDT−0.0374%4h0.2488+0.040%$1.3M$11.5M50xas long as short
BloFin WIF-USDTlong−0.0140%4h0.2487long leg$1.0M$1.0M75x
dYdX WIF-USD0.0000%1h0.2491+0.145%$14K$58710xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2493+0.239%$4K150xas long as short
Orderly PERP_WIF_USDC+0.0094%4h0.24870.000%$6K$1.1M10xas long as short
Lighter WIF+0.0096%1h0.2493+0.261%$144K$834K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2485−0.080%$54K$580K20xas long as short
Hyperliquid WIF+0.0100%1h0.2492+0.202%$10.0M$9.2M5xas long as short
Aster WIFUSDT+0.0100%4h0.2489+0.076%$40K$411K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WIF+0.0100%1h0.2490+0.139%$77K$90K5xas long as short
Binance WIFUSDT+0.0100%4h0.2491+0.164%$19.7M$166.6M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2490+0.121%$17.4M$56.0M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2489+0.080%$5.9M$48.4M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2490+0.121%$24.0M$15.4M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2490+0.121%$3.9M$18.1M75xas long as short
Bitget WIFUSDTshort+0.0100%4h0.2489+0.080%$7.6M$18.3M50x
BingX WIF-USDC+0.0100%4h0.2488+0.040%$2.3Mas long as short
Backpack WIF_USDC_PERP+0.0100%1h0.2493+0.261%$81K$355K10xas long as short
Variational Omni WIF+0.0100%4h0.2488+0.044%$76K$368Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2504+0.684%$278K$3.0M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2500+0.523%$35K$654K25xas long as short
SunX WIF-USDT+0.0100%4h0.2484−0.121%$2K$3.3M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2495+0.322%$577$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2481−0.241%$152K$942K75xas long as short
Extended WIF-USD+0.0104%1h0.2488+0.055%$12K$213K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2487−0.001%$83K3xas long as short
Deribit WIF_USDC-PERPETUAL+0.0152%1h0.2489+0.080%$33K$274K25xas long as short
Coinbase International WIF-PERP-INTX+0.0312%1h0.2489+0.080%$358K$3.9M50xas long as short
Injective WIF/USDC PERP+0.0323%1h0.2509+0.885%$10K$28K12xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2488+0.024%$015xas long as short
Kraken Futures PF_WIFUSD+0.0743%1h0.2490+0.114%$640K$3.0M50xas long as short