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−0.0461%/8h= −50.5% APRnext payment $0.58 per $10,000 · paid last 24h −0.007%
Price spread now: Pacifica against Kraken Futures−0.059%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 7 days+0.103%+$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Pacifica is 0.059% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.103%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.103% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.58 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_WIFUSD0.25560.0561pay 0.0070% / 1h6m 10s$651K$3.1M50x
ShortPacifica WIF0.25550.0100get 0.0013% / 1h6m 10s$79K$99K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Kraken Futures. 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
−$96.86
Price spread: −0.059% → 0.000%
−$5.94
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$120.8
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 1 min ago; Pacifica: 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 Kraken Futures live order book, 1 min ago9.79 bp26.0 bp −$26132.7 bp −$1,327doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: 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+0.114%$10K$28K12xas long as short
BloFin WIF-USDT−0.0140%4h0.2565+0.349%$1.1M$1.1M75xas long as short
GMX WIF/USD [WBTC.b-USDC]L −0.0121% / S +0.0182%1h0.2554−0.072%$9K100xas long as short
dYdX WIF-USD0.0000%1h0.2555−0.029%$13K$58710xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2554−0.082%$34K$252K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2553−0.114%$4K150xas long as short
Backpack WIF_USDC_PERP+0.0010%1h0.2553−0.109%$90K$384K10xas long as short
Lighter WIF+0.0096%1h0.2557+0.043%$143K$924K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2554−0.082%$53K$629K20xas long as short
Orderly PERP_WIF_USDC+0.0098%4h0.2554−0.082%$5K$900K10xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WIF+0.0100%1h0.2555−0.058%$10.0M$9.6M5xas long as short
Aster WIFUSDT+0.0100%4h0.2555−0.060%$30K$426K10xas long as short
Pacifica WIFshort+0.0100%1h0.2555−0.059%$79K$99K5x
Binance WIFUSDT+0.0100%4h0.2554−0.081%$20.9M$177.4M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2552−0.156%$17.5M$60.0M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2555−0.043%$6.3M$52.6M50xas long as short
Gate WIF_USDT+0.0100%4h0.2554−0.082%$1.2M$13.0M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2554−0.082%$22.4M$15.3M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2554−0.082%$3.8M$18.8M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2555−0.043%$7.7M$19.8M50xas long as short
BingX WIF-USDT+0.0100%4h0.2554−0.082%$27.7Mas long as short
Variational Omni WIF+0.0100%4h0.2565+0.362%$77K$367Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2571+0.589%$285K$3.4M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2568+0.466%$37K$646K25xas long as short
SunX WIF-USDT+0.0100%4h0.2550−0.238%$2K$3.2M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2555−0.031%$3K$6K5xas long as short
HTX WIF-USDT+0.0100%4h0.2558+0.075%$160K$1.1M75xas long as short
Extended WIF-USD+0.0104%1h0.2554−0.094%$11K$264K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2555−0.042%$85K3xas long as short
Coinbase International WIF-PERP-INTX+0.0552%1h0.2553−0.121%$351K$4.1M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2554−0.098%$115xas long as short
Kraken Futures PF_WIFUSDlong+0.0561%1h0.2556long leg$651K$3.1M50x