WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0524%/8h= +57.4% APRpaid last 24h +0.025%

Price spread now: Coinbase International against BloFin+0.327%118s7-day average +0.158% · you sell dearer than you buy

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$790.792% of the position

Long on BloFin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.327%, 7d avg +0.158%

Together, before fees−0.257%−$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Coinbase International is 0.169% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.158%. Mind the row above: over the last 7 days funding on this pair cost −0.090%, so the current rate has only just turned in your favour. The two prices were read 118 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.090% in total (about -4.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WIF-USDT	0.2449	−0.0140	get 0.0070% / 4h	1h 29m	$978K	$922K	75x
Short	Coinbase International WIF-PERP-INTX	0.2457	0.0384	get 0.0048% / 1h	29m 20s	$323K	$3.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.327%Rate

Funding earned: $110.04
Price spread: +0.327% → +0.158%: $16.85
Slippage, 4 orders: −$57.24
Fee BloFin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $47.65
Costs to cover: 0.792%
Break-even: 4.0 days

Slippage from BloFin: live order book, 58 min ago; Coinbase International: live order book, 5 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 BloFin live order book, 58 min ago	6.31 bp	19.7 bp −$20	27.4 bp −$274	48.0 bp −$4,797	doesn't fit
Sell Coinbase International live order book, 5 min ago	6.13 bp	15.2 bp −$15	27.3 bp −$273	doesn't fit	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	+0.531%	$10K	$11K	12x	as long as short
BloFin WIF-USDTlong	−0.0140%	4h	0.2449	long leg	$978K	$922K	75x
Backpack WIF_USDC_PERP	−0.0061%	1h	0.2456	+0.278%	$73K	$293K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2453	+0.146%	$13K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2448	−0.041%	$33K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2447	−0.065%	—	—	150x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0042% / S +0.0253%	1h	0.2446	−0.112%	$21K	—	100x	as long as short
Lighter WIF	+0.0096%	1h	0.2458	+0.372%	$142K	$702K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2454	+0.204%	$53K	$571K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2454	+0.216%	$8.5M	$6.4M	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	0.2453	+0.160%	$31K	$351K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2456	+0.302%	$77K	$70K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2452	+0.123%	$18.6M	$143.7M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2450	+0.049%	$16.5M	$47.4M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2449	0.000%	$5.5M	$41.2M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2451	+0.082%	$1.1M	$9.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2450	+0.041%	$22.2M	$12.2M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2450	+0.041%	$4.1M	$16.4M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2450	+0.041%	$7.4M	$15.7M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2451	+0.082%	—	$27.1M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2446	−0.120%	$72K	$193K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2449	+0.014%	$270K	$2.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2448	−0.041%	$45K	$631K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2450	+0.041%	$5K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2452	+0.122%	$2K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2450	+0.037%	$561	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2445	−0.163%	$142K	$909K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2447	−0.075%	$10K	$150K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2450	+0.025%	$82K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0348%	1h	0.2451	+0.075%	$636K	$2.7M	50x	as long as short
Coinbase International WIF-PERP-INTXshort	+0.0384%	1h	0.2457	+0.327%	$323K	$3.2M	50x
Reya WIFRUSDPERP	+0.0558%	1h	0.2448	−0.046%	$0	—	15x	as long as short