Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%

Price spread now: HTX against ApeX Omni+0.237%7-day average +0.519% · you sell dearer than you buy

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs−$194as in the Price arb table

costs, in and out, $10k−$1661.657% of the position

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.196%+$20 on $10k

Price spread, last 4 days (all we have)+0.191%+$19 · spread now +0.237%, 7d avg +0.519%

Together, before fees+0.387%+$39 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: HTX is 0.282% cheaper against ApeX Omni than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.519%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WIFUSDT	0.2536	0.0100	pay 0.0013% / 1h	16m 43s	$46K	$626K	25x
Short	HTX WIF-USDT	0.2542	0.0100	get 0.0050% / 4h	3h 16m	$168K	$737K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.237%Rate

Funding earned: $0
Price spread: +0.237% → +0.519%: −$28.24
Slippage, 4 orders: −$143.7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$193.94
Costs to cover: 1.657%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 36 min ago; HTX: live order book, 37 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, 36 min ago	11.72 bp	19.6 bp −$20	111.7 bp −$1,117	doesn't fit	doesn't fit
Sell HTX live order book, 37 min ago	1.96 bp	80.7 bp −$81	doesn't fit	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	−0.0192%	4h	0.2552	+0.631%	$1.1M	$910K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2554	+0.729%	$14K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2549	+0.526%	—	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2555	+0.749%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2551	+0.591%	$146K	$652K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2550	+0.552%	$53K	$563K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2553	+0.684%	$45K	$310K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2553	+0.655%	$80K	$67K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2555	+0.759%	$20.2M	$129.5M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2554	+0.710%	$17.6M	$43.0M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2556	+0.789%	$6.1M	$39.3M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2547	+0.434%	$1.2M	$8.4M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2555	+0.749%	$23.7M	$11.6M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2547	+0.434%	$4.3M	$15.3M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2555	+0.749%	$7.8M	$14.5M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2547	+0.434%	—	$23.9M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2549	+0.497%	$76K	$306K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2535	−0.037%	$87K	$145K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2533	−0.118%	$290K	$2.6M	10x	as long as short
ApeX Omni WIFUSDTlong	+0.0100%	1h	0.2536	long leg	$46K	$626K	25x
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2551	+0.591%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2546	+0.394%	$1K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2550	+0.572%	$596	$5K	5x	as long as short
HTX WIF-USDTshort	+0.0100%	4h	0.2542	+0.237%	$168K	$737K	75x
Extended WIF-USD	+0.0104%	1h	0.2548	+0.475%	$12K	$114K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2550	+0.549%	$85K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0111% / S +0.0021%	1h	0.2549	+0.515%	$9K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0142%	1h	0.2551	+0.591%	$39K	$263K	25x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2552	+0.631%	$338K	$3.1M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0360%	1h	0.2551	+0.608%	$667K	$2.4M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2549	+0.516%	$1	—	15x	as long as short
Hyperliquid WIF	+0.0656%	1h	0.2555	+0.745%	$8.6M	$5.3M	5x	as long as short