WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.73 per $10,000 · paid last 24h +0.013%

Price spread now: MEXC against KuCoin+0.040%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$570.572% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 7 days−0.149%−$15 · spread now +0.040%, 7d avg −0.018%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.058% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WIFUSDTM	0.2512	−0.0046	get 0.0023% / 4h	3h 22m	$4.5M	$12.1M	75x
Short	MEXC WIF_USDT	0.2513	0.0100	get 0.0050% / 4h	3h 22m	$22.7M	$11.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.040%Rate

Funding earned: $30.66
Price spread: +0.040% → −0.018%: $5.77
Slippage, 4 orders: −$41.17
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$20.74
Costs to cover: 0.572%
Break-even: 11.7 days

Slippage from KuCoin: live order book, 1 min ago; MEXC: live order book, 2 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 KuCoin live order book, 1 min ago	3.98 bp	17.9 bp −$18	65.0 bp −$650	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.99 bp	8.1 bp −$8	24.4 bp −$244	118.9 bp −$11.9K	156.2 bp −$78.1K

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
Backpack WIF_USDC_PERP	−0.0251%	1h	0.2511	−0.056%	$77K	$254K	10x	as long as short
Gate WIF_USDT	−0.0178%	4h	0.2511	−0.040%	$1.3M	$7.2M	50x	as long as short
KuCoin WIFUSDTMlong	−0.0046%	4h	0.2512	long leg	$4.5M	$12.1M	75x
dYdX WIF-USD	0.0000%	1h	0.2514	+0.064%	$19K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2512	0.000%	$49K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2512	+0.019%	$12K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−1.672%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0038%	1h	0.2513	+0.029%	$659K	$2.2M	50x	as long as short
Lighter WIF	+0.0096%	1h	0.2512	+0.004%	$144K	$588K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2514	+0.080%	$57K	$497K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_WIF_USDC	+0.0097%	4h	0.2512	0.000%	$5K	$1.3M	10x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2515	+0.137%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2513	+0.056%	$78K	$52K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2511	−0.030%	$19.4M	$107.5M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2509	−0.135%	$17.3M	$37.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2509	−0.119%	$6.1M	$34.1M	50x	as long as short
MEXC WIF_USDTshort	+0.0100%	4h	0.2513	+0.040%	$22.7M	$11.0M	50x
Bitget WIFUSDT	+0.0100%	4h	0.2513	+0.040%	$7.7M	$12.2M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2512	0.000%	—	$65.7M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2497	−0.594%	$74K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2501	−0.429%	$282K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2492	−0.796%	$43K	$631K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2506	−0.239%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2511	−0.040%	$571	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2514	+0.080%	$173K	$745K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2509	−0.132%	$10K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2511	−0.027%	$84K	$85	3x	as long as short
Hyperliquid WIF	+0.0181%	1h	0.2518	+0.247%	$8.0M	$4.2M	5x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0190% / S −0.0050%	1h	0.2512	+0.009%	$8K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2512	0.000%	$337K	$2.5M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2515	+0.119%	$1.0M	$713K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2513	+0.025%	$1	—	15x	as long as short