WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0814%/8h= +89.1% APRnext payment +$4.07 per $10,000 · paid last 24h +0.011%

Price spread now: Bitget against Gate+0.081%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$900.900% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.083%+$8 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.081%, 7d avg +0.037%

Together, before fees+0.049%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Bitget is 0.044% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.037%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.07 per $10,000. 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	Gate WIF_USDT	0.2483	−0.0714	get 0.0357% / 4h	3h 53m	$1.3M	$11.1M	50x
Short	Bitget WIFUSDT	0.2485	0.0100	get 0.0050% / 4h	3h 53m	$7.5M	$18.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.081%Rate

Funding earned: $170.94
Price spread: +0.081% → +0.037%: $4.35
Slippage, 4 orders: −$62.95
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: $85.34
Costs to cover: 0.900%
Break-even: 3.5 days

Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 1 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 Gate live order book, 5 min ago	6.04 bp	28.6 bp −$29	66.7 bp −$667	95.5 bp −$9,555	doesn't fit
Sell Bitget live order book, 1 min ago	2.01 bp	13.3 bp −$13	28.7 bp −$287	125.5 bp −$12.6K	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
Gate WIF_USDTlong	−0.0714%	4h	0.2483	long leg	$1.3M	$11.1M	50x
GMX WIF/USD [WBTC.b-USDC]	L −0.0297% / S +0.0299%	1h	0.2486	+0.131%	$19K	—	100x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2489	+0.242%	$1.0M	$1.0M	75x	as long as short
ApeX Omni WIFUSDT	−0.0001%	1h	0.2496	+0.524%	$35K	$653K	25x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2477	−0.262%	$13K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2487	+0.161%	$33K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2475	−0.309%	$4K	—	150x	as long as short
Lighter WIF	+0.0096%	1h	0.2489	+0.238%	$145K	$806K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2487	+0.161%	$53K	$579K	20x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2486	+0.121%	$6K	$1.1M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WIF	+0.0100%	1h	0.2485	+0.101%	$10.1M	$8.9M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2485	+0.072%	$41K	$408K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2475	−0.308%	$77K	$84K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2486	+0.111%	$19.7M	$164.4M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2484	+0.048%	$17.3M	$54.9M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2480	−0.121%	$5.9M	$47.4M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2487	+0.161%	$24.6M	$15.2M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2485	+0.081%	$3.8M	$17.9M	75x	as long as short
Bitget WIFUSDTshort	+0.0100%	4h	0.2485	+0.081%	$7.5M	$18.1M	50x
BingX WIF-USDC	+0.0100%	4h	0.2485	+0.081%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2485	+0.101%	$78K	$329K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2513	+1.212%	$74K	$364K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2487	+0.161%	$277K	$3.0M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2483	0.000%	$2K	$3.3M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2485	+0.081%	$577	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2479	−0.161%	$153K	$943K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2479	−0.166%	$10K	$211K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2485	+0.083%	$83K	—	3x	as long as short
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2485	+0.081%	$328K	$3.8M	50x	as long as short
Injective WIF/USDC PERP	+0.0323%	1h	0.2480	−0.121%	$10K	$27K	12x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2489	+0.246%	$0	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0744%	1h	0.2487	+0.151%	$639K	$2.9M	50x	as long as short