WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0284%/8h= −31.1% APRnext payment −$0.36 per $10,000 · paid last 24h −0.054%

Price spread now: ApeX Omni against Coinbase International−0.242%75s7-day average −0.159% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as 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−$720.716% of the position

Long on Coinbase International Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.292%−$29 on $10k

Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.242%, 7d avg −0.159%

Together, before fees−0.370%−$37 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and ApeX Omni is 0.083% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.159%). Swap the legs. The two prices were read 75 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	Coinbase International WIF-PERP-INTX	0.2479	0.0384	pay 0.0048% / 1h	19m 56s	$326K	$3.2M	50x
Short	ApeX Omni WIFUSDT	0.2473	0.0100	get 0.0013% / 1h	19m 56s	$45K	$632K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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 Coinbase InternationalbpFee ApeX OmnibpOrdersPrice spread, now −0.242%Rate

Funding earned: −$59.64
Price spread: −0.242% → −0.159%: −$8.3
Slippage, 4 orders: −$51.61
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$139.55
Costs to cover: 0.716%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; ApeX Omni: live order book, 23 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 Coinbase International live order book, 4 min ago	6.06 bp	18.9 bp −$19	31.0 bp −$310	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 23 min ago	10.18 bp	18.8 bp −$19	115.4 bp −$1,154	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	−0.686%	$10K	$11K	12x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2479	0.000%	$982K	$938K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0034%	1h	0.2473	−0.250%	$73K	$293K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2478	−0.058%	$13K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2476	−0.121%	$33K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2475	−0.144%	—	—	150x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0030% / S +0.0256%	1h	0.2475	−0.161%	$21K	—	100x	as long as short
Lighter WIF	+0.0096%	1h	0.2477	−0.073%	$143K	$702K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2477	−0.081%	$53K	$571K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2476	−0.105%	$8.6M	$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	0.2476	−0.140%	$31K	$352K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2478	−0.060%	$78K	$70K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2476	−0.121%	$18.9M	$144.1M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2475	−0.141%	$16.7M	$47.5M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2477	−0.081%	$5.5M	$41.8M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2474	−0.202%	$1.1M	$9.2M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2473	−0.242%	$22.4M	$12.2M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2472	−0.282%	$4.1M	$16.4M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2474	−0.202%	$7.5M	$15.7M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2477	−0.081%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2474	−0.199%	$73K	$193K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2473	−0.242%	$280K	$2.9M	10x	as long as short
ApeX Omni WIFUSDTshort	+0.0100%	1h	0.2473	−0.242%	$45K	$632K	25x
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2475	−0.161%	$5K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2471	−0.323%	$2K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2475	−0.141%	$565	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2473	−0.242%	$143K	$911K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2473	−0.246%	$10K	$150K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2475	−0.157%	$83K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0345%	1h	0.2477	−0.068%	$643K	$2.7M	50x	as long as short
Coinbase International WIF-PERP-INTXlong	+0.0384%	1h	0.2479	long leg	$326K	$3.2M	50x
Reya WIFRUSDPERP	+0.0558%	1h	0.2476	−0.138%	$0	—	15x	as long as short