WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.044%

Price spread now: OKX against BloFin−0.764%603s7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$93as 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−$530.533% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.399%−$40 on $10k

Price spread, last 3 days (all we have)+0.724%+$72 · spread now −0.764%, 7d avg +0.019%

Together, before fees+0.325%+$33 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.783% cheaper against BloFin than usual: you would sell low and buy high (−$78 if the spread goes back to its 7-day average of +0.019%). Swap the legs. The two prices were read 603 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin WIF-USDT	0.2487	0.0340	pay 0.0170% / 4h	2h 39m	$997K	$710K	75x
Short	OKX WIF-USDT-SWAP	0.2468	0.0100	get 0.0050% / 4h	2h 39m	$5.9M	$34.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.764%Rate

Funding earned: −$50.4
Price spread: −0.764% → +0.019%: −$78.28
Slippage, 4 orders: −$31.32
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$182
Costs to cover: 0.533%
Break-even: never at this rate

Slippage from BloFin: live order book, 13 min ago; OKX: 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, 13 min ago	4.03 bp	18.9 bp −$19	29.2 bp −$292	60.5 bp −$6,049	doesn't fit
Sell OKX live order book, 5 min ago	2.01 bp	11.2 bp −$11	34.1 bp −$341	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	−0.0783%	1h	0.2470	−0.684%	$11K	$10K	12x	as long as short
Gate WIF_USDT	−0.0120%	4h	0.2467	−0.804%	$1.2M	$7.4M	50x	as long as short
Kraken Futures PF_WIFUSD	−0.0074%	1h	0.2470	−0.702%	$644K	$2.3M	50x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2461	−1.060%	$18K	$589	10x	as long as short
KuCoin WIFUSDTM	0.0000%	4h	0.2468	−0.764%	$4.5M	$13.0M	75x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2467	−0.786%	$798	—	150x	as long as short
Backpack WIF_USDC_PERP	+0.0057%	1h	0.2468	−0.752%	$77K	$272K	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2470	−0.696%	$139K	$624K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2461	−1.045%	$56K	$497K	20x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2468	−0.764%	$5K	$1.3M	10x	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	0.2466	−0.853%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2463	−0.965%	$77K	$53K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2469	−0.730%	$18.7M	$112.2M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2468	−0.780%	$16.9M	$38.1M	50x	as long as short
OKX WIF-USDT-SWAPshort	+0.0100%	4h	0.2468	−0.764%	$5.9M	$34.7M	50x
MEXC WIF_USDT	+0.0100%	4h	0.2468	−0.764%	$22.2M	$11.1M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2467	−0.804%	$7.5M	$12.4M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2468	−0.764%	—	$65.9M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2462	−1.000%	$75K	$70K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2458	−1.151%	$279K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2485	−0.080%	$43K	$629K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2464	−0.925%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2468	−0.760%	$562	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2462	−1.005%	$168K	$741K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2467	−0.807%	$10K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2468	−0.758%	$82K	$85	3x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0155%	1h	0.2468	−0.764%	$48K	$289K	25x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0177% / S −0.0041%	1h	0.2468	−0.772%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0191%	1h	0.2471	−0.631%	$8.0M	$4.7M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0304%	1h	0.2463	−0.965%	$323K	$2.5M	50x	as long as short
BloFin WIF-USDTlong	+0.0340%	4h	0.2487	long leg	$997K	$710K	75x
Reya WIFRUSDPERP	+0.0558%	1h	0.2467	−0.799%	$0	—	15x	as long as short