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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0245%/8h= +26.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.056%
Price spread now: SoDEX against Deribit+0.024%7-day average · you sell dearer than you buy
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 4 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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and SoDEX is 0.024% dearer against Deribit than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit WIF_USDC-PERPETUAL0.2531−0.0145get 0.0018% / 1h46m 53s$34K$254K25x
ShortSoDEX WIF-USD0.25320.0100get 0.0013% / 1h46m 53s$3K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Deribit. 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
$51.44
Price spread: +0.024% → 0.000%
$2.37
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$38.81
Costs to cover
0.150%
Break-even
1.7 days
Slippage unknown: Deribit: live order book, 64 min ago; SoDEX: 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 Deribit live order book, 64 min ago3.90 bp11.3 bp −$1121.1 bp −$211doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
Deribit WIF_USDC-PERPETUALlong−0.0145%1h0.2531long leg$34K$254K25x
BloFin WIF-USDT−0.0140%4h0.2533+0.079%$1.1M$1.1M75xas long as short
GMX WIF/USD [WBTC.b-USDC]L −0.0118% / S +0.0180%1h0.2530−0.053%$9K100xas long as short
dYdX WIF-USD0.0000%1h0.2524−0.260%$13K$58710xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2532+0.046%$4K150xas long as short
Backpack WIF_USDC_PERP+0.0006%1h0.2532+0.051%$87K$363K10xas long as short
Orderly PERP_WIF_USDC+0.0096%4h0.2530−0.040%$5K$1.0M10xas long as short
Lighter WIF+0.0096%1h0.2534+0.103%$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+0.146%$10.0M$9.5M5xas long as short
Aster WIFUSDT+0.0100%4h0.2536+0.181%$32K$420K10xas long as short
Pacifica WIF+0.0100%1h0.25310.000%$78K$98K5xas long as short
Binance WIFUSDT+0.0100%4h0.2536+0.207%$20.4M$173.1M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2534+0.119%$17.3M$58.6M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2536+0.198%$6.2M$51.4M50xas long as short
Gate WIF_USDT+0.0100%4h0.2535+0.158%$1.2M$12.6M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2536+0.198%$22.6M$15.0M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2535+0.158%$3.8M$18.5M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2535+0.158%$7.6M$19.6M50xas long as short
BingX WIF-USDC+0.0100%4h0.2532+0.040%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2512−0.756%$77K$366Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2525−0.237%$285K$3.3M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2515−0.632%$36K$646K25xas long as short
SunX WIF-USDT+0.0100%4h0.2526−0.198%$2K$3.2M50xas long as short
SoDEX WIF-USDshort+0.0100%1h0.2532+0.024%$3K$6K5x
HTX WIF-USDT+0.0100%4h0.2529−0.079%$157K$1.0M75xas long as short
Extended WIF-USD+0.0104%1h0.2536+0.204%$9K$259K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2530−0.024%$84K3xas long as short
Coinbase International WIF-PERP-INTX+0.0552%1h0.2535+0.158%$343K$4.0M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2530−0.044%$115xas long as short
Kraken Futures PF_WIFUSD+0.0566%1h0.2533+0.072%$649K$3.0M50xas long as short