WIF

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.890%

7d average—if it closes, per $10,000$89funding while held, a day+$2.28

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WIFUSDT	0.2473	−0.0305	get 0.0038% / 1h	1m 32s	$50K	$599K	25x
Short	Injective WIF/USDC PERP	0.2451	−0.0229	pay 0.0029% / 1h	1m 32s	$11K	$82K	12x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee ApeX OmnibpFee InjectivebpOrdersClose when spread is

Spread captured: −$88.96
Funding while held: $2.28
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$96.7
Spread needed to break even: 0.100%

Slippage unknown: ApeX Omni: live order book, 48 min ago; Injective: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0076%
Per $10,000 a day: +$2.28
Average in range /8h: —

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, 48 min ago	12.07 bp	20.9 bp −$21	112.5 bp −$1,125	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 31 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective WIF/USDC PERPshort	−0.890%	−0.0229%	1h	$11K	$82K	12x
SunX WIF-USDT	−0.849%	+0.0100%	4h	$2K	$2.6M	50x	as long as short
Orderly PERP_WIF_USDC	−0.809%	+0.0034%	4h	$5K	$1.3M	10x	as long as short
Backpack WIF_USDC_PERP	−0.780%	−0.0860%	1h	$78K	$221K	10x	as long as short
Aevo WIF-PERP	−0.768%	+0.0088%	1h	$82K	$85	3x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.768%	−0.0564%	1h	$75K	$266K	25x	as long as short
SoDEX WIF-USD	−0.708%	−0.0045%	1h	$554	$5K	5x	as long as short
GMX WIF/USD [WBTC.b-USDC]	−0.666%	L −0.1450% / S +0.0534%	1h	$14K	—	100x	as long as short
Kraken Futures PF_WIFUSD	−0.568%	+0.0071%	1h	$638K	$1.3M	50x	as long as short
dYdX WIF-USD	−0.445%	0.0000%	1h	$18K	$582	10x	as long as short

Show all 31 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
BingX WIF-USDC	−0.445%	+0.0100%	4h	—	$2.3M	—	as long as short
Aster WIFUSDT	−0.330%	−0.0182%	4h	$33K	$158K	10x	as long as short
Gate WIF_USDT	−0.323%	−0.0020%	4h	$1.2M	$5.4M	50x	as long as short
Coinbase International WIF-PERP-INTX	−0.283%	+0.0152%	1h	$326K	$1.8M	50x	as long as short
Extended WIF-USD	−0.280%	+0.0008%	1h	$12K	$150K	25x	as long as short
Pacifica WIF	−0.263%	+0.0100%	1h	$76K	$29K	5x	as long as short
Bybit WIFUSDT	−0.202%	−0.0035%	4h	$17.3M	$28.5M	50x	as long as short
Lighter WIF	−0.125%	+0.0096%	1h	$147K	$301K	10x	as long as short
Binance WIFUSDT	−0.121%	+0.0007%	4h	$18.1M	$71.7M	75x	as long as short
Popdex WIFUSDT	−0.121%	+0.0096%	1h	$54K	$482K	20x	as long as short
Bitget WIFUSDT	−0.121%	+0.0100%	4h	$9.4M	$7.8M	50x	as long as short
BloFin WIF-USDT	−0.121%	+0.0046%	4h	$1.1M	$634K	75x	as long as short
OKX WIF-USDT-SWAP	−0.081%	+0.0100%	4h	$6.3M	$24.3M	50x	as long as short
Reya WIFRUSDPERP	−0.021%	+0.0558%	1h	$0	—	15x	as long as short
ApeX Omni WIFUSDTlong	0.000%	−0.0305%	1h	$50K	$599K	25x
Hyperliquid WIF	+0.049%	+0.0100%	1h	$7.4M	$3.4M	5x	as long as short
KuCoin WIFUSDTM	+0.081%	+0.0100%	4h	$4.0M	$8.9M	75x	as long as short
HTX WIF-USDT	+0.081%	+0.0100%	4h	$179K	$670K	75x	as long as short
MEXC WIF_USDT	+0.121%	+0.0010%	4h	$22.9M	$8.8M	50x	as long as short
gTrade (Gains Network) WIF/USD	+0.239%	L +0.0002% / S −0.0002%	1h	$4K	—	150x	as long as short
Variational Omni WIF	+0.562%	−0.0302%	4h	$71K	$48K	—	as long as short

WIF