WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h −0.005%

Price spread now: Bybit against KuCoin−0.247%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$740.737% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 7 days+0.129%+$13 · spread now −0.247%, 7d avg −0.027%

Together, before fees+0.141%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.220% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.247% now, against its 7-day average of −0.027%). If the spread goes back, that is −$22 on $10k: about 22 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.012% in total) that is about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WIFUSDTM	0.2468	0.0066	pay 0.0033% / 4h	2h 18m	$4.4M	$13.1M	75x
Short	Bybit WIFUSDT	0.2462	0.0100	get 0.0050% / 4h	2h 18m	$17.0M	$38.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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 KuCoinbpFee BybitbpOrdersPrice spread, now −0.247%Rate

Funding earned: $7.14
Price spread: −0.247% → −0.027%: −$22.01
Slippage, 4 orders: −$50.73
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$88.61
Costs to cover: 0.737%
Break-even: 93.9 days

Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, just now.

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 KuCoin live order book, 5 min ago	4.04 bp	30.1 bp −$30	74.1 bp −$741	doesn't fit	doesn't fit
Sell Bybit live order book, just now	2.03 bp	12.8 bp −$13	26.0 bp −$260	248.6 bp −$24.9K	doesn't fit

WIF on 31 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
Injective WIF/USDC PERP	−0.0783%	1h	0.2470	+0.081%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	−0.0074%	1h	0.2469	+0.045%	$641K	$2.3M	50x	as long as short
Gate WIF_USDT	−0.0016%	4h	0.2462	−0.243%	$1.2M	$7.5M	50x	as long as short
Backpack WIF_USDC_PERP	−0.0010%	1h	0.2460	−0.320%	$80K	$273K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2478	+0.387%	$19K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2468	0.000%	$48K	$266K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2469	+0.054%	$798	—	150x	as long as short
KuCoin WIFUSDTMlong	+0.0066%	4h	0.2468	long leg	$4.4M	$13.1M	75x
Lighter WIF	+0.0096%	1h	0.2470	+0.089%	$139K	$626K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2467	−0.041%	$57K	$497K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2469	+0.041%	$5K	$1.3M	10x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2467	−0.021%	$35K	$278K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2480	+0.476%	$77K	$54K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2468	−0.015%	$18.8M	$112.9M	75x	as long as short
Bybit WIFUSDTshort	+0.0100%	4h	0.2462	−0.247%	$17.0M	$38.3M	50x
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2461	−0.284%	$5.8M	$34.7M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2463	−0.203%	$22.0M	$11.1M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2462	−0.243%	$7.5M	$12.5M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2459	−0.365%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2475	+0.285%	$75K	$70K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2480	+0.486%	$280K	$2.0M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2477	+0.365%	$43K	$628K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2465	−0.122%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2469	+0.041%	$565	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2470	+0.081%	$166K	$732K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2468	−0.006%	$8K	$158K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2468	+0.011%	$82K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0170% / S −0.0037%	1h	0.2469	+0.025%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0216%	1h	0.2465	−0.105%	$8.0M	$4.7M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0304%	1h	0.2469	+0.041%	$324K	$2.5M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2465	−0.130%	$0	—	15x	as long as short