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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0552%/8h= −60.4% APRnext payment $0.69 per $10,000 · paid last 24h −0.081%
Price spread now: dYdX against Coinbase International−0.260%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and dYdX is 0.260% cheaper against Coinbase International than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WIF-PERP-INTX0.25310.0552pay 0.0069% / 1h47m 35s$343K$4.0M50x
ShortdYdX WIF-USD0.25240get 0.0000% / 1h47m 35s$13K$58710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$115.92
Price spread: −0.260% → 0.000%
−$26
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$161.92
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 4 min ago; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 4 min ago9.94 bp14.9 bp −$1528.7 bp −$287doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WIF/USDC PERP−0.0389%1h0.2559+1.106%$10K$28K12xas long as short
BloFin WIF-USDT−0.0140%4h0.2524−0.277%$1.1M$1.1M75xas long as short
GMX WIF/USD [WBTC.b-USDC]L −0.0118% / S +0.0180%1h0.2534+0.128%$9K100xas long as short
dYdX WIF-USDshort0.0000%1h0.2524−0.260%$13K$58710x
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2536+0.198%$34K$254K25xas long as short
Backpack WIF_USDC_PERP+0.0001%1h0.2534+0.130%$87K$363K10xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2535+0.158%$4K150xas long as short
Orderly PERP_WIF_USDC+0.0096%4h0.2536+0.198%$5K$1.0M10xas long as short
Lighter WIF+0.0096%1h0.2533+0.071%$141K$879K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2530−0.040%$54K$634K20xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WIF+0.0100%1h0.2535+0.150%$10.0M$9.5M5xas long as short
Aster WIFUSDT+0.0100%4h0.2530−0.021%$32K$420K10xas long as short
Pacifica WIF+0.0100%1h0.25310.000%$78K$98K5xas long as short
Binance WIFUSDT+0.0100%4h0.2530−0.040%$20.3M$173.1M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2528−0.103%$17.3M$58.6M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2530−0.040%$6.2M$51.3M50xas long as short
Gate WIF_USDT+0.0100%4h0.2532+0.040%$1.2M$12.6M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2530−0.040%$22.6M$15.0M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.25310.000%$3.8M$18.5M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2530−0.040%$7.6M$19.6M50xas long as short
BingX WIF-USDT+0.0100%4h0.25310.000%$27.6Mas long as short
Variational Omni WIF+0.0100%4h0.2512−0.756%$77K$366Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2515−0.651%$284K$3.3M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2515−0.632%$36K$646K25xas long as short
SunX WIF-USDT+0.0100%4h0.2532+0.040%$2K$3.2M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2535+0.138%$3K$6K5xas long as short
HTX WIF-USDT+0.0100%4h0.2520−0.435%$156K$1.0M75xas long as short
Extended WIF-USD+0.0104%1h0.2528−0.132%$9K$259K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2535+0.158%$85K3xas long as short
Coinbase International WIF-PERP-INTXlong+0.0552%1h0.2531long leg$343K$4.0M50x
Reya WIFRUSDPERP+0.0558%1h0.2513−0.725%$115xas long as short
Kraken Futures PF_WIFUSD+0.0566%1h0.2536+0.214%$651K$3.0M50xas long as short