WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0356%/8h= +39.0% APRnext payment +$1.78 per $10,000 · paid last 24h +0.011%

Price spread now: SunX against Gate−0.158%7-day average −0.187% · you buy dearer than you sell

Net, funding: paid 7d − costs−$203as in the Funding arb table

Net, price: spread back to 7d avg − costs−$209as in the Price arb table

costs, in and out, $10k−$2122.118% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.255%+$25 · spread now −0.158%, 7d avg −0.187%

Together, before fees+0.338%+$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and SunX is 0.028% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.187%.

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 +$1.78 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	0.2525	−0.0256	get 0.0128% / 4h	3h 23m	$1.4M	$11.6M	50x
Short	SunX WIF-USDT	0.2521	0.0100	get 0.0050% / 4h	3h 23m	$2K	$3.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.158%Rate

Funding earned: $74.76
Price spread: −0.158% → −0.187%: $2.82
Slippage, 4 orders: −$188.78
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$134.2
Costs to cover: 2.118%
Break-even: 19.6 days

Slippage from Gate: live order book, 5 min ago; SunX: live order book, 4 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	4.00 bp	14.2 bp −$14	54.7 bp −$547	84.8 bp −$8,475	doesn't fit
Sell SunX live order book, 4 min ago	33.97 bp	64.6 bp −$65	doesn't fit	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
GMX WIF/USD [WBTC.b-USDC]	L −0.0446% / S +0.0330%	1h	0.2523	−0.090%	$20K	—	100x	as long as short
Gate WIF_USDTlong	−0.0256%	4h	0.2525	long leg	$1.4M	$11.6M	50x
BloFin WIF-USDT	−0.0140%	4h	0.2527	+0.079%	$1.0M	$1.0M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2523	−0.097%	$14K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2524	−0.040%	$34K	$272K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2523	−0.079%	$4K	—	150x	as long as short
Orderly PERP_WIF_USDC	+0.0095%	4h	0.2524	−0.040%	$6K	$1.1M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2525	+0.020%	$146K	$834K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2526	+0.040%	$55K	$580K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2525	−0.008%	$10.2M	$9.2M	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	0.2528	+0.107%	$41K	$409K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2524	−0.040%	$78K	$90K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2530	+0.185%	$20.1M	$166.7M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2529	+0.158%	$17.6M	$56.0M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2528	+0.119%	$5.9M	$49.2M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2527	+0.079%	$24.2M	$15.5M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2525	0.000%	$3.9M	$18.1M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2524	−0.040%	$7.7M	$18.3M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2520	−0.198%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2524	−0.051%	$82K	$354K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2501	−0.950%	$77K	$368K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2508	−0.681%	$277K	$3.1M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2505	−0.792%	$35K	$653K	25x	as long as short
SunX WIF-USDTshort	+0.0100%	4h	0.2521	−0.158%	$2K	$3.3M	50x
SoDEX WIF-USD	+0.0100%	1h	0.2524	−0.059%	$584	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2520	−0.198%	$154K	$948K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2525	−0.007%	$12K	$212K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2523	−0.066%	$84K	—	3x	as long as short
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2524	−0.040%	$354K	$3.9M	50x	as long as short
Injective WIF/USDC PERP	+0.0323%	1h	0.2509	−0.634%	$10K	$28K	12x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2522	−0.116%	$1	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0733%	1h	0.2524	−0.046%	$647K	$3.0M	50x	as long as short