WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.125%

Price spread now: Deribit against ApeX Omni+0.910%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs+$28as in the Price arb table

costs, in and out, $10k−$610.614% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.727%−$73 on $10k

Price spread, last 3 days (all we have)−0.768%−$77 · spread now +0.910%, 7d avg +0.020%

Together, before fees−1.495%−$150 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.890% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.910% now, against its 7-day average of +0.020%): +$89 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 days. At the pace of the last 7 days (−0.727% in total) that is about 8.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WIFUSDT	0.2418	0.0100	pay 0.0013% / 1h	18m 59s	$42K	$626K	25x
Short	Deribit WIF_USDC-PERPETUAL	0.2440	0	get 0.0000% / 1h	18m 59s	$48K	$289K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.910%Rate

Funding earned: −$21
Price spread: +0.910% → +0.020%: $88.95
Slippage, 4 orders: −$44.42
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $6.53
Costs to cover: 0.614%
Break-even: from the start

Slippage from ApeX Omni: live order book, 59 min ago; Deribit: live order book, 60 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, 59 min ago	10.32 bp	22.5 bp −$22	116.4 bp −$1,164	doesn't fit	doesn't fit
Sell Deribit live order book, 60 min ago	4.13 bp	7.6 bp −$8	16.8 bp −$168	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	−0.0366%	1h	0.2435	+0.711%	$73K	$248K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2434	+0.662%	$18K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUALshort	0.0000%	1h	0.2440	+0.910%	$48K	$289K	25x
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2440	+0.892%	$16K	—	150x	as long as short
KuCoin WIFUSDTM	+0.0022%	4h	0.2434	+0.662%	$4.3M	$11.6M	75x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−0.951%	$10K	$10K	12x	as long as short
Orderly PERP_WIF_USDC	+0.0093%	4h	0.2440	+0.910%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2438	+0.811%	$136K	$571K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2437	+0.786%	$54K	$485K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2438	+0.835%	$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	0.2437	+0.782%	$24K	$256K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2435	+0.688%	$75K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2436	+0.751%	$18.2M	$103.9M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2436	+0.740%	$16.8M	$36.0M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2435	+0.703%	$6.0M	$32.1M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2436	+0.744%	$1.2M	$7.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2436	+0.744%	$22.0M	$10.8M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2436	+0.744%	$7.5M	$11.8M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2438	+0.827%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2425	+0.297%	$72K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2422	+0.155%	$275K	$1.8M	10x	as long as short
ApeX Omni WIFUSDTlong	+0.0100%	1h	0.2418	long leg	$42K	$626K	25x
SunX WIF-USDT	+0.0100%	4h	0.2435	+0.703%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2438	+0.831%	$556	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2433	+0.620%	$168K	$744K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2435	+0.684%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2439	+0.867%	$81K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2440	+0.900%	$6K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2439	+0.868%	$320K	$2.4M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0320%	1h	0.2440	+0.902%	$633K	$2.2M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2436	+0.744%	$985K	$732K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2438	+0.833%	$0	—	15x	as long as short