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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.20 per $10,000 · paid last 24h +0.051%
Price spread now: Coinbase International against SoDEX+0.515%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.515% dearer against SoDEX than usual: you sell high and buy low: +$51 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX WIF-USD0.24290.0100pay 0.0013% / 1h39m 25s$556$5K5x
ShortCoinbase International WIF-PERP-INTX0.24410.0264get 0.0033% / 1h39m 25s$323K$2.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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
$34.44
Price spread: +0.515% → 0.000%
$51.47
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$67.91
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 4 min ago. 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 SoDEX no order-book sample
Sell Coinbase International live order book, 4 min ago8.20 bp27.6 bp −$28doesn't fitdoesn't fitdoesn't fit
SoDEX: 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
Backpack WIF_USDC_PERP−0.0391%1h0.2427−0.082%$72K$249K10xas long as short
dYdX WIF-USD0.0000%1h0.2431+0.086%$18K$58910xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2430+0.062%$48K$289K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2432+0.127%$16K150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2395−1.379%$10K$10K12xas long as short
KuCoin WIFUSDTM+0.0046%4h0.2429+0.021%$4.3M$11.4M75xas long as short
Orderly PERP_WIF_USDC+0.0093%4h0.2431+0.103%$5K$1.3M10xas long as short
Lighter WIF+0.0096%1h0.2433+0.181%$136K$568K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2432+0.144%$54K$484K20xas long as short
Hyperliquid WIF+0.0100%1h0.2435+0.259%$7.6M$4.0M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WIFUSDT+0.0100%4h0.2432+0.144%$24K$256K10xas long as short
Pacifica WIF+0.0100%1h0.2432+0.154%$75K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.2432+0.128%$18.1M$103.3M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2430+0.062%$16.7M$35.9M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2430+0.062%$6.0M$31.9M50xas long as short
Gate WIF_USDT+0.0100%4h0.2431+0.103%$1.2M$7.0M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2431+0.103%$22.1M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2432+0.144%$7.5M$11.8M50xas long as short
BingX WIF-USDT+0.0100%4h0.2431+0.103%$65.7Mas long as short
Variational Omni WIF+0.0100%4h0.2431+0.111%$72K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2435+0.268%$276K$1.8M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2433+0.185%$43K$622K25xas long as short
SunX WIF-USDT+0.0100%4h0.2428−0.021%$1K$2.8M50xas long as short
SoDEX WIF-USDlong+0.0100%1h0.2429long leg$556$5K5x
HTX WIF-USDT+0.0100%4h0.2429+0.021%$168K$740K75xas long as short
Extended WIF-USD+0.0104%1h0.2431+0.106%$10K$153K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2429+0.041%$81K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0191% / S −0.0138%1h0.2431+0.100%$6K100xas long as short
Coinbase International WIF-PERP-INTXshort+0.0264%1h0.2441+0.515%$323K$2.4M50x
Kraken Futures PF_WIFUSD+0.0321%1h0.2431+0.109%$635K$2.2M50xas long as short
BloFin WIF-USDT+0.0340%4h0.2431+0.103%$991K$724K75xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2431+0.112%$015xas long as short