Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.052%

Price spread now: Variational Omni against Aevo+0.186%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.186% dearer against Aevo than usual: you sell high and buy low (spread +0.186% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo WIF-PERP	0.2366	0.0104	pay 0.0013% / 1h	12m 00s	$79K	$85	3x
Short	Variational Omni WIF	0.2370	0.0006	get 0.0003% / 4h	2h 12m	$76K	$56K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aevo. 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 AevobpFee Variational OmnibpOrdersPrice spread, now +0.186%Rate

Funding earned: −$20.57
Price spread: +0.186% → 0.000%: $18.57
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$18
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; Variational Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Aevo and Variational Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack WIF_USDC_PERP	−0.0647%	1h	0.2365	−0.034%	$73K	$235K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0594%	1h	0.2367	+0.042%	$46K	$289K	25x	as long as short
Injective WIF/USDC PERP	−0.0321%	1h	0.2395	+1.226%	$10K	$10K	12x	as long as short
KuCoin WIFUSDTM	−0.0192%	4h	0.2365	−0.042%	$4.1M	$11.2M	75x	as long as short
Kraken Futures PF_WIFUSD	−0.0077%	1h	0.2369	+0.144%	$627K	$2.1M	50x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2368	+0.079%	$18K	$582	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2368	+0.080%	$14K	—	150x	as long as short
Variational Omni WIFshort	+0.0006%	4h	0.2370	+0.186%	$76K	$56K	—
Gate WIF_USDT	+0.0036%	4h	0.2366	0.000%	$1.2M	$6.9M	50x	as long as short
Aster WIFUSDT	+0.0041%	4h	0.2367	+0.027%	$23K	$254K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT WIF_USDT_Perp	+0.0052%	4h	0.2370	+0.171%	$272K	$1.8M	10x	as long as short
Orderly PERP_WIF_USDC	+0.0091%	4h	0.2367	+0.042%	$4K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2367	+0.051%	$131K	$540K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2366	0.000%	$52K	$482K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2370	+0.154%	$7.4M	$4.0M	5x	as long as short
Pacifica WIF	+0.0100%	1h	0.2366	+0.016%	$75K	$48K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2364	−0.085%	$17.5M	$99.3M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2363	−0.118%	$16.5M	$34.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2366	0.000%	$6.0M	$30.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2366	0.000%	$21.1M	$10.8M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2367	+0.042%	$7.2M	$11.5M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2368	+0.085%	—	$65.0M	—	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2374	+0.338%	$42K	$617K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2362	−0.169%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2366	−0.021%	$539	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2364	−0.085%	$164K	$719K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2365	−0.031%	$10K	$153K	25x	as long as short
Aevo WIF-PERPlong	+0.0104%	1h	0.2366	long leg	$79K	$85	3x
GMX WIF/USD [WBTC.b-USDC]	L +0.0158% / S −0.0808%	1h	0.2367	+0.063%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0272%	1h	0.2380	+0.592%	$312K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2368	+0.085%	$968K	$684K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2365	−0.022%	$0	—	15x	as long as short