WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0228%/8h= +25.0% APRnext payment +$0.29 per $10,000 · paid last 24h +0.051%

Price spread now: Coinbase International against ApeX Omni−0.240%7-day average +0.168% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$690.686% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.297%+$30 on $10k

Price spread, last 4 days (all we have)+0.456%+$46 · spread now −0.240%, 7d avg +0.168%

Together, before fees+0.752%+$75 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.408% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.240% now, against its 7-day average of +0.168%). If the spread goes back, that is −$41 on $10k: about 6.0 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WIFUSDT	0.2495	0.0100	pay 0.0013% / 1h	15m 18s	$46K	$625K	25x
Short	Coinbase International WIF-PERP-INTX	0.2489	0.0328	get 0.0041% / 1h	15m 18s	$329K	$2.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.240%Rate

Funding earned: $47.88
Price spread: −0.240% → +0.168%: −$40.84
Slippage, 4 orders: −$48.57
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$61.53
Costs to cover: 0.686%
Break-even: 16.0 days

Slippage from ApeX Omni: live order book, 43 min ago; Coinbase International: live order book, 4 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, 43 min ago	8.09 bp	17.5 bp −$17	113.4 bp −$1,134	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	8.06 bp	13.1 bp −$13	26.0 bp −$260	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
BloFin WIF-USDT	−0.0186%	4h	0.2494	−0.040%	$1.0M	$833K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0093%	1h	0.2492	−0.104%	$76K	$293K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2490	−0.218%	$19K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2491	−0.146%	$805	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−1.002%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2494	−0.048%	$138K	$631K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2490	−0.200%	$57K	$497K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2490	−0.191%	$33K	$284K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2489	−0.260%	$78K	$60K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2492	−0.109%	$18.8M	$119.1M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WIFUSDT	+0.0100%	4h	0.2490	−0.188%	$17.0M	$40.0M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2492	−0.120%	$6.0M	$36.3M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2490	−0.200%	$1.2M	$7.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2492	−0.120%	$23.0M	$11.4M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2491	−0.160%	$4.5M	$14.5M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2492	−0.120%	$7.6M	$13.3M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2492	−0.120%	—	$23.5M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2494	−0.038%	$86K	$79K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2496	+0.044%	$286K	$2.3M	10x	as long as short
ApeX Omni WIFUSDTlong	+0.0100%	1h	0.2495	long leg	$46K	$625K	25x
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2493	−0.080%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2488	−0.281%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2492	−0.100%	$580	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2492	−0.120%	$166K	$701K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2491	−0.147%	$9K	$147K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2492	−0.114%	$83K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0130% / S −0.0010%	1h	0.2492	−0.127%	$8K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0151%	1h	0.2493	−0.080%	$45K	$256K	25x	as long as short
Kraken Futures PF_WIFUSD	+0.0260%	1h	0.2493	−0.071%	$648K	$2.3M	50x	as long as short
Hyperliquid WIF	+0.0310%	1h	0.2495	+0.008%	$8.2M	$4.9M	5x	as long as short
Coinbase International WIF-PERP-INTXshort	+0.0328%	1h	0.2489	−0.240%	$329K	$2.7M	50x
Reya WIFRUSDPERP	+0.0558%	1h	0.2490	−0.217%	$0	—	15x	as long as short