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−0.0295%/8h= −32.3% APRnext payment $1.47 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against SunX+0.079%55s7-day average +0.174% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1811.811% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.367%+$37 on $10k
Price spread, last 4 days (all we have)+0.110%+$11 · spread now +0.079%, 7d avg +0.174%
Together, before fees+0.477%+$48 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and BloFin is 0.095% cheaper against SunX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.174%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.367%, so the current rate has only just turned against you. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX WIF-USDT0.25360.0100pay 0.0050% / 4h3h 19m$1K$2.9M50x
ShortBloFin WIF-USDT0.2538−0.0195pay 0.0097% / 4h3h 19m$1.1M$905K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
−$61.93
Price spread: +0.079% → +0.174%
−$9.52
Slippage, 4 orders
−$161.1
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$252.54
Costs to cover
1.811%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; BloFin: live order book, 3 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 SunX live order book, 8 min ago33.25 bp94.5 bp −$95doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago3.96 bp10.0 bp −$1016.8 bp −$16852.0 bp −$5,195doesn'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
BloFin WIF-USDTshort−0.0195%4h0.2538+0.079%$1.1M$905K75x
dYdX WIF-USD0.0000%1h0.2534−0.097%$14K$59710xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2534−0.063%150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2555+0.749%$11K$10K12xas long as short
Lighter WIF+0.0096%1h0.2539+0.099%$145K$652K10xas long as short
Popdex WIFUSDT+0.0096%1h0.25360.000%$52K$563K20xas long as short
Aster WIFUSDT+0.0100%4h0.2536+0.011%$44K$310K10xas long as short
Pacifica WIF+0.0100%1h0.2532−0.147%$79K$67K5xas long as short
Binance WIFUSDT+0.0100%4h0.2535−0.038%$20.1M$129.3M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2534−0.075%$17.4M$43.0M50xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WIF-USDT-SWAP+0.0100%4h0.2533−0.118%$6.1M$38.9M50xas long as short
Gate WIF_USDT+0.0100%4h0.2534−0.079%$1.2M$8.3M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2535−0.039%$23.6M$11.6M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2534−0.079%$4.3M$15.3M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2535−0.039%$7.8M$14.5M50xas long as short
BingX WIF-USDC+0.0100%4h0.2533−0.118%$2.3Mas long as short
Backpack WIF_USDC_PERP+0.0100%1h0.2536+0.020%$76K$306K10xas long as short
Variational Omni WIF+0.0100%4h0.2535−0.037%$87K$145Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2533−0.118%$290K$2.6M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2541+0.197%$47K$627K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2535−0.039%$5K$1.2M10xas long as short
SunX WIF-USDTlong+0.0100%4h0.2536long leg$1K$2.9M50x
SoDEX WIF-USD+0.0100%1h0.2540+0.174%$593$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2534−0.079%$167K$736K75xas long as short
Extended WIF-USD+0.0104%1h0.2534−0.087%$12K$122K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2535−0.057%$85K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0112% / S +0.0021%1h0.2534−0.079%$9K100xas long as short
Deribit WIF_USDC-PERPETUAL+0.0144%1h0.2540+0.158%$39K$263K25xas long as short
Coinbase International WIF-PERP-INTX+0.0352%1h0.2542+0.237%$337K$3.1M50xas long as short
Kraken Futures PF_WIFUSD+0.0362%1h0.2542+0.251%$663K$2.4M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2534−0.075%$115xas long as short
Hyperliquid WIF+0.0618%1h0.2543+0.260%$8.5M$5.2M5xas long as short