Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%

Price spread now: Binance against ApeX Omni−0.240%109s7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$620.623% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.240%, 7d avg −0.007%

Together, before fees+0.042%+$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.232% cheaper against ApeX Omni than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.007%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WIFUSDT	0.2384	0.0100	pay 0.0013% / 1h	27m 50s	$44K	$628K	25x
Short	Binance WIFUSDT	0.2378	0.0100	get 0.0050% / 4h	2h 27m	$18.4M	$138.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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 ApeX OmnibpFee BinancebpOrdersPrice spread, now −0.240%Rate

Funding earned: $0
Price spread: −0.240% → −0.007%: −$23.25
Slippage, 4 orders: −$42.28
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$85.53
Costs to cover: 0.623%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 20 min ago; Binance: live order book, 15 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 ApeX Omni live order book, 20 min ago	10.20 bp	21.0 bp −$21	114.7 bp −$1,147	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	2.08 bp	12.7 bp −$13	31.7 bp −$317	106.0 bp −$10.6K	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
BloFin WIF-USDT	−0.0140%	4h	0.2381	−0.126%	$975K	$888K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2379	−0.227%	$13K	$597	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2379	−0.210%	$32K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2379	−0.195%	—	—	150x	as long as short
Backpack WIF_USDC_PERP	+0.0015%	1h	0.2379	−0.210%	$73K	$317K	10x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0091% / S +0.0029%	1h	0.2378	−0.239%	$8K	—	100x	as long as short
Lighter WIF	+0.0096%	1h	0.2380	−0.176%	$144K	$669K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2379	−0.210%	$50K	$570K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2380	−0.185%	$8.4M	$6.2M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2379	−0.206%	$29K	$330K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WIF	+0.0100%	1h	0.2376	−0.323%	$75K	$69K	5x	as long as short
Binance WIFUSDTshort	+0.0100%	4h	0.2378	−0.240%	$18.4M	$138.6M	75x
Bybit WIFUSDT	+0.0100%	4h	0.2377	−0.281%	$16.1M	$46.0M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2376	−0.336%	$5.4M	$39.2M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2378	−0.252%	$1.1M	$8.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2379	−0.210%	$21.4M	$12.0M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2378	−0.252%	$3.9M	$16.0M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2378	−0.252%	$7.2M	$15.3M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2378	−0.252%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2382	−0.078%	$87K	$174K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2385	+0.037%	$263K	$2.7M	10x	as long as short
ApeX Omni WIFUSDTlong	+0.0100%	1h	0.2384	long leg	$44K	$628K	25x
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2380	−0.168%	$4K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2375	−0.378%	$2K	$3.0M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2379	−0.201%	$549	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2378	−0.252%	$154K	$829K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2377	−0.301%	$8K	$161K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2379	−0.206%	$79K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0251%	1h	0.2380	−0.171%	$617K	$2.5M	50x	as long as short
Coinbase International WIF-PERP-INTX	+0.0416%	1h	0.2386	+0.084%	$320K	$3.0M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2378	−0.246%	$0	—	15x	as long as short
Injective WIF/USDC PERP	+0.0707%	1h	0.2398	+0.587%	$10K	$10K	12x	as long as short