Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.041%

Price spread now: Variational Omni against ApeX Omni−0.518%118s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.518% cheaper against ApeX Omni than usual: you would sell low and buy high, −$52 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 118 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	0.2488	0.0100	pay 0.0013% / 1h	45m 37s	$43K	$631K	25x
Short	Variational Omni WIF	0.2475	0.0100	get 0.0050% / 4h	2h 45m	$75K	$70K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.518%Rate

Funding earned: $0
Price spread: −0.518% → 0.000%: −$51.78
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$61.78
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 22 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 22 min ago	10.11 bp	19.6 bp −$20	111.2 bp −$1,112	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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 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
Injective WIF/USDC PERP	−0.0783%	1h	0.2470	−0.723%	$11K	$10K	12x	as long as short
Gate WIF_USDT	−0.0126%	4h	0.2475	−0.523%	$1.2M	$7.3M	50x	as long as short
Kraken Futures PF_WIFUSD	−0.0074%	1h	0.2476	−0.495%	$645K	$2.3M	50x	as long as short
KuCoin WIFUSDTM	−0.0024%	4h	0.2470	−0.723%	$4.5M	$12.9M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2470	−0.743%	$19K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2474	−0.563%	$49K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2474	−0.547%	$800	—	150x	as long as short
Lighter WIF	+0.0096%	1h	0.2472	−0.635%	$139K	$624K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2475	−0.523%	$56K	$496K	20x	as long as short
Orderly PERP_WIF_USDC	+0.0099%	4h	0.2475	−0.523%	$5K	$1.3M	10x	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	0.2473	−0.603%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2472	−0.645%	$77K	$53K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2471	−0.664%	$18.7M	$111.5M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2477	−0.430%	$17.0M	$37.9M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2478	−0.402%	$5.9M	$34.6M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2476	−0.482%	$22.4M	$11.0M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2475	−0.523%	$7.5M	$12.4M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2477	−0.442%	—	$65.9M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2472	−0.651%	$77K	$269K	10x	as long as short
Variational Omni WIFshort	+0.0100%	4h	0.2475	−0.518%	$75K	$70K	—
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2486	−0.064%	$284K	$1.9M	10x	as long as short
ApeX Omni WIFUSDTlong	+0.0100%	1h	0.2488	long leg	$43K	$631K	25x
SunX WIF-USDT	+0.0100%	4h	0.2470	−0.723%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2474	−0.559%	$563	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2470	−0.723%	$169K	$748K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2474	−0.548%	$11K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2474	−0.579%	$83K	$85	3x	as long as short
Hyperliquid WIF	+0.0171%	1h	0.2475	−0.539%	$8.0M	$4.7M	5x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0179% / S −0.0043%	1h	0.2475	−0.532%	$8K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0304%	1h	0.2479	−0.362%	$326K	$2.5M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2487	−0.040%	$997K	$710K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2475	−0.538%	$0	—	15x	as long as short