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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against OKX+0.040%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$570.571% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.371%+$37 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.040%, 7d avg −0.031%
Together, before fees+0.341%+$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.071% dearer against OKX than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.031%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 24 hours. Mind the row above: over the last 7 days funding on this pair paid +0.371%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX WIF-USDT-SWAP0.24760.0100pay 0.0050% / 4h1h 14m$5.5M$41.7M50x
ShortBloFin WIF-USDT0.2477−0.0140pay 0.0070% / 4h1h 14m$979K$936K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
−$50.4
Price spread: +0.040% → −0.031%
$7.11
Slippage, 4 orders
−$35.13
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$100.42
Costs to cover
0.571%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 7 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 OKX live order book, 4 min ago2.02 bp11.1 bp −$1131.5 bp −$315doesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago6.05 bp15.8 bp −$1634.9 bp −$34981.0 bp −$8,098doesn'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−0.0467%1h0.2462−0.565%$10K$11K12xas long as short
BloFin WIF-USDTshort−0.0140%4h0.2477+0.040%$979K$936K75x
Backpack WIF_USDC_PERP−0.0024%1h0.2479+0.125%$73K$297K10xas long as short
dYdX WIF-USD0.0000%1h0.2479+0.121%$13K$58710xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2480+0.162%$33K$274K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2478+0.092%150xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0025% / S +0.0189%1h0.2478+0.085%$16K100xas long as short
Lighter WIF+0.0096%1h0.2482+0.242%$143K$702K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2478+0.081%$53K$571K20xas long as short
Hyperliquid WIF+0.0100%1h0.2481+0.186%$8.6M$6.4M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WIFUSDT+0.0100%4h0.2480+0.158%$30K$352K10xas long as short
Pacifica WIF+0.0100%1h0.2481+0.188%$78K$70K5xas long as short
Binance WIFUSDT+0.0100%4h0.2480+0.147%$18.9M$144.2M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2478+0.073%$16.7M$47.5M50xas long as short
OKX WIF-USDT-SWAPlong+0.0100%4h0.2476long leg$5.5M$41.7M50x
Gate WIF_USDT+0.0100%4h0.2479+0.121%$1.1M$9.2M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2480+0.162%$22.4M$12.2M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2480+0.162%$4.5M$16.6M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2477+0.040%$7.5M$15.8M50xas long as short
BingX WIF-USDC+0.0100%4h0.2479+0.121%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2478+0.083%$73K$193Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2473−0.106%$280K$2.9M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2477+0.040%$45K$633K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2479+0.121%$5K$1.0M10xas long as short
SunX WIF-USDT+0.0100%4h0.2474−0.081%$2K$3.1M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2480+0.141%$566$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2478+0.081%$147K$921K75xas long as short
Extended WIF-USD+0.0104%1h0.2478+0.092%$10K$147K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2480+0.141%$83K$853xas long as short
Kraken Futures PF_WIFUSD+0.0344%1h0.2481+0.213%$643K$2.7M50xas long as short
Coinbase International WIF-PERP-INTX+0.0384%1h0.2481+0.202%$327K$3.2M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2476−0.017%$015xas long as short