WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.018%

Price spread now: KuCoin against SunX−0.041%7-day average +0.172% · you buy dearer than you sell

Net, funding: paid 7d − costs−$214as in the Funding arb table

Net, price: spread back to 7d avg − costs−$221as in the Price arb table

costs, in and out, $10k−$2001.995% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.148%−$15 on $10k

Price spread, last 3 days (all we have)+0.134%+$13 · spread now −0.041%, 7d avg +0.172%

Together, before fees−0.013%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.213% cheaper against SunX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.172%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX WIF-USDT	0.2427	0.0100	pay 0.0050% / 4h	38m 11s	$1K	$2.8M	50x
Short	KuCoin WIFUSDTM	0.2426	0.0050	get 0.0025% / 4h	38m 11s	$4.3M	$11.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee SunXbpFee KuCoinbpOrdersPrice spread, now −0.041%Rate

Funding earned: −$10.5
Price spread: −0.041% → +0.172%: −$21.31
Slippage, 4 orders: −$179.51
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$231.32
Costs to cover: 1.995%
Break-even: never at this rate

Slippage from SunX: live order book, 9 min ago; KuCoin: live order book, 5 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 SunX live order book, 9 min ago	16.34 bp	73.2 bp −$73	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	2.06 bp	20.2 bp −$20	52.2 bp −$522	doesn't fit	doesn't fit

WIF on 32 venues

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
Backpack WIF_USDC_PERP	−0.0386%	1h	0.2426	−0.029%	$72K	$249K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2432	+0.194%	$18K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2428	+0.041%	$48K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2429	+0.074%	$16K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−1.319%	$10K	$10K	12x	as long as short
KuCoin WIFUSDTMshort	+0.0050%	4h	0.2426	−0.041%	$4.3M	$11.5M	75x
Orderly PERP_WIF_USDC	+0.0093%	4h	0.2427	0.000%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2429	+0.066%	$135K	$568K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2431	+0.165%	$54K	$484K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2432	+0.194%	$7.6M	$4.0M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2429	+0.098%	$24K	$256K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2431	+0.152%	$75K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2428	+0.026%	$18.1M	$103.4M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2427	0.000%	$16.7M	$35.9M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2427	0.000%	$6.0M	$31.9M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2428	+0.041%	$1.2M	$7.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2428	+0.041%	$22.0M	$10.8M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2428	+0.041%	$7.5M	$11.8M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2427	0.000%	—	$65.7M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2431	+0.173%	$72K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2435	+0.330%	$276K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2433	+0.247%	$43K	$622K	25x	as long as short
SunX WIF-USDTlong	+0.0100%	4h	0.2427	long leg	$1K	$2.8M	50x
SoDEX WIF-USD	+0.0100%	1h	0.2428	+0.037%	$556	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2428	+0.041%	$168K	$740K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2427	−0.017%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2428	+0.031%	$81K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2428	+0.038%	$6K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2433	+0.247%	$322K	$2.4M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0321%	1h	0.2431	+0.153%	$635K	$2.2M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2431	+0.165%	$991K	$727K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2428	+0.050%	$0	—	15x	as long as short