WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0456%/8h= +49.9% APRnext payment +$0.57 per $10,000 · paid last 24h +0.052%

Price spread now: Coinbase International against Popdex+0.040%7-day average +0.128% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$228as in the Price arb table

costs, in and out, $10k−$2192.195% of the position

Long on Popdex Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.273%+$27 on $10k

Price spread, last 4 days (all we have)+0.261%+$26 · spread now +0.040%, 7d avg +0.128%

Together, before fees+0.534%+$53 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.089% cheaper against Popdex than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.128%). If the spread goes back, that is −$9 on $10k: about 16 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex WIFUSDT	0.2530	0.0096	pay 0.0012% / 1h	47m 31s	$54K	$634K	20x
Short	Coinbase International WIF-PERP-INTX	0.2531	0.0552	get 0.0069% / 1h	47m 31s	$343K	$4.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Popdex. 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 PopdexbpFee Coinbase InternationalbpOrdersPrice spread, now +0.040%Rate

Funding earned: $95.76
Price spread: +0.040% → +0.128%: −$8.86
Slippage, 4 orders: −$203.07
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$132.58
Costs to cover: 2.195%
Break-even: 16.7 days

Slippage from Popdex: live order book, 64 min ago; Coinbase International: live order book, 4 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 Popdex live order book, 64 min ago	29.09 bp	64.9 bp −$65	306.1 bp −$3,061	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	9.94 bp	18.2 bp −$18	31.1 bp −$311	doesn't fit	doesn't fit

WIF on 32 exchanges

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	−0.0389%	1h	0.2559	+1.146%	$10K	$28K	12x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2524	−0.237%	$1.1M	$1.1M	75x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L −0.0118% / S +0.0180%	1h	0.2534	+0.168%	$9K	—	100x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2524	−0.221%	$13K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2536	+0.237%	$34K	$254K	25x	as long as short
Backpack WIF_USDC_PERP	+0.0001%	1h	0.2534	+0.170%	$87K	$363K	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2535	+0.198%	$4K	—	150x	as long as short
Orderly PERP_WIF_USDC	+0.0096%	4h	0.2536	+0.237%	$5K	$1.0M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2533	+0.111%	$141K	$879K	10x	as long as short
Popdex WIFUSDTlong	+0.0096%	1h	0.2530	long leg	$54K	$634K	20x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WIF	+0.0100%	1h	0.2535	+0.190%	$10.0M	$9.5M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2530	+0.018%	$32K	$420K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2531	+0.040%	$78K	$98K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2530	0.000%	$20.3M	$173.1M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2528	−0.063%	$17.3M	$58.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2530	0.000%	$6.2M	$51.3M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2532	+0.079%	$1.2M	$12.6M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2530	0.000%	$22.6M	$15.0M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2531	+0.040%	$3.8M	$18.5M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2530	0.000%	$7.6M	$19.6M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2531	+0.040%	—	$27.6M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2512	−0.717%	$77K	$366K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2515	−0.612%	$284K	$3.3M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2515	−0.593%	$36K	$646K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2532	+0.079%	$2K	$3.2M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2535	+0.178%	$3K	$6K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2520	−0.395%	$156K	$1.0M	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2528	−0.093%	$9K	$259K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2535	+0.198%	$85K	—	3x	as long as short
Coinbase International WIF-PERP-INTXshort	+0.0552%	1h	0.2531	+0.040%	$343K	$4.0M	50x
Reya WIFRUSDPERP	+0.0558%	1h	0.2513	−0.686%	$1	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0566%	1h	0.2536	+0.254%	$651K	$3.0M	50x	as long as short