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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: Orderly against OKX+0.239%50s7-day average −0.042% · you sell dearer than you buy
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−0.084%−$8 on $10k
Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.239%, 7d avg −0.042%
Together, before fees−0.267%−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.280% dearer against OKX than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.042%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX WIF-USDT-SWAP0.25140.0100pay 0.0050% / 4h35m 25s$5.7M$43.5M50x
ShortOrderly PERP_WIF_USDC0.25200.0100get 0.0050% / 4h35m 25s$6K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$0
Price spread: +0.239% → −0.042%
$28.04
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$12.04
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: OKX: live order book, 3 min ago; Orderly: 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 OKX live order book, 3 min ago1.98 bp16.3 bp −$1642.2 bp −$422doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 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−0.0161%1h0.2462−2.068%$10K$11K12xas long as short
BloFin WIF-USDT−0.0140%4h0.2519+0.199%$999K$956K75xas long as short
GMX WIF/USD [WBTC.b-USDC]L −0.0073% / S +0.0254%1h0.2519+0.202%$20K100xas long as short
dYdX WIF-USD0.0000%1h0.2514+0.020%$14K$58710xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2518+0.172%$352150xas long as short
Lighter WIF+0.0096%1h0.2520+0.227%$144K$705K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2516+0.080%$54K$576K20xas long as short
Hyperliquid WIF+0.0100%1h0.2517+0.135%$8.8M$6.9M5xas long as short
Aster WIFUSDT+0.0100%4h0.2518+0.160%$31K$351K10xas long as short
Pacifica WIF+0.0100%1h0.2519+0.182%$78K$73K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WIFUSDT+0.0100%4h0.2517+0.116%$19.1M$147.9M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2515+0.044%$16.7M$48.5M50xas long as short
OKX WIF-USDT-SWAPlong+0.0100%4h0.2514long leg$5.7M$43.5M50x
Gate WIF_USDT+0.0100%4h0.2517+0.119%$1.2M$9.3M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2517+0.119%$22.5M$12.4M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2519+0.199%$4.3M$17.0M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2516+0.080%$7.7M$16.1M50xas long as short
BingX WIF-USDC+0.0100%4h0.2513−0.040%$2.3Mas long as short
Backpack WIF_USDC_PERP+0.0100%1h0.2518+0.159%$74K$304K10xas long as short
Variational Omni WIF+0.0100%4h0.2519+0.179%$74K$193Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2524+0.399%$280K$2.9M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2518+0.159%$45K$637K25xas long as short
Orderly PERP_WIF_USDCshort+0.0100%4h0.2520+0.239%$6K$1.1M10x
SunX WIF-USDT+0.0100%4h0.2516+0.080%$1K$3.1M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2518+0.159%$575$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2511−0.119%$160K$916K75xas long as short
Extended WIF-USD+0.0104%1h0.2516+0.091%$12K$176K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2516+0.092%$84K$853xas long as short
Deribit WIF_USDC-PERPETUAL+0.0147%1h0.2521+0.278%$33K$273K25xas long as short
Coinbase International WIF-PERP-INTX+0.0352%1h0.2519+0.199%$338K$3.4M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2516+0.080%$115xas long as short
Kraken Futures PF_WIFUSD+0.0805%1h0.2520+0.231%$656K$2.7M50xas long as short