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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0442%/8h= +48.4% APRnext payment +$2.21 per $10,000 · paid last 24h +0.056%
Price spread now: BloFin against Gate+0.974%408s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$730.733% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.496%+$50 on $10k
Price spread, last 3 days (all we have)−0.911%−$91 · spread now +0.974%, 7d avg −0.001%
Together, before fees−0.415%−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BloFin is 0.976% dearer against Gate than usual: you sell high and buy low: +$98 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 408 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate WIF_USDT0.2463−0.0102get 0.0051% / 4h2h 42m$1.2M$7.4M50x
ShortBloFin WIF-USDT0.24870.0340get 0.0170% / 4h2h 42m$997K$710K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$92.82
Price spread: +0.974% → −0.001%
$97.58
Slippage, 4 orders
−$46.26
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
$117.14
Costs to cover
0.733%
Break-even
from the start
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago4.03 bp24.1 bp −$2454.1 bp −$54182.7 bp −$8,271doesn't fit
Sell BloFin live order book, 10 min ago4.03 bp10.0 bp −$1017.3 bp −$17354.5 bp −$5,449doesn't fit

WIF on 32 venues

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−0.0783%1h0.2470+0.284%$11K$10K12xas long as short
Gate WIF_USDTlong−0.0102%4h0.2463long leg$1.2M$7.4M50x
Kraken Futures PF_WIFUSD−0.0075%1h0.2465+0.079%$642K$2.3M50xas long as short
KuCoin WIFUSDTM−0.0012%4h0.24630.000%$4.6M$12.9M75xas long as short
dYdX WIF-USD0.0000%1h0.2464+0.026%$18K$58910xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2465+0.081%$48K$289K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2463+0.016%$796150xas long as short
Backpack WIF_USDC_PERP+0.0051%1h0.2464+0.057%$77K$272K10xas long as short
Lighter WIF+0.0096%1h0.2466+0.118%$139K$624K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2466+0.122%$56K$496K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_WIF_USDC+0.0099%4h0.2464+0.041%$5K$1.3M10xas long as short
Aster WIFUSDT+0.0100%4h0.2467+0.177%$35K$274K10xas long as short
Pacifica WIF+0.0100%1h0.2466+0.104%$77K$53K5xas long as short
Binance WIFUSDT+0.0100%4h0.2464+0.041%$18.7M$111.8M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2465+0.069%$16.9M$38.0M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2468+0.203%$5.9M$34.5M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2466+0.122%$22.2M$11.0M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2468+0.203%$7.5M$12.4M50xas long as short
BingX WIF-USDT+0.0100%4h0.2466+0.122%$65.9Mas long as short
Variational Omni WIF+0.0100%4h0.2475+0.492%$75K$70Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2474+0.441%$274K$1.9M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2479+0.650%$43K$631K25xas long as short
SunX WIF-USDT+0.0100%4h0.2460−0.122%$2K$2.9M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2464+0.041%$559$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2458−0.203%$168K$750K75xas long as short
Extended WIF-USD+0.0104%1h0.2463+0.016%$11K$155K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2465+0.074%$82K$853xas long as short
Hyperliquid WIF+0.0176%1h0.2469+0.252%$8.0M$4.7M5xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0178% / S −0.0042%1h0.2464+0.024%$8K100xas long as short
Coinbase International WIF-PERP-INTX+0.0304%1h0.2464+0.041%$324K$2.5M50xas long as short
BloFin WIF-USDTshort+0.0340%4h0.2487+0.974%$997K$710K75x
Reya WIFRUSDPERP+0.0558%1h0.2464+0.046%$015xas long as short