Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0175%/8h= −19.1% APRpaid last 24h −0.003%

Price spread now: Kraken Futures against Aster−0.055%7-day average +0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$930.927% of the position

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.008%−$1 on $10k

Price spread, last 3 days (all we have)+0.212%+$21 · spread now −0.055%, 7d avg +0.044%

Together, before fees+0.204%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.099% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.044%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WIFUSDT	0.2466	0.0100	pay 0.0050% / 4h	2h 41m	$35K	$274K	10x
Short	Kraken Futures PF_WIFUSD	0.2465	−0.0075	pay 0.0009% / 1h	41m 58s	$642K	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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 AsterbpFee Kraken FuturesbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$36.65
Price spread: −0.055% → +0.044%: −$9.92
Slippage, 4 orders: −$74.71
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$139.27
Costs to cover: 0.927%
Break-even: never at this rate

Slippage from Aster: live order book, 25 min ago; Kraken Futures: live order book, 2 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 Aster live order book, 25 min ago	12.12 bp	23.7 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 2 min ago	12.07 bp	25.2 bp −$25	60.3 bp −$603	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
Injective WIF/USDC PERP	−0.0783%	1h	0.2470	+0.150%	$11K	$10K	12x	as long as short
Gate WIF_USDT	−0.0102%	4h	0.2465	−0.053%	$1.2M	$7.4M	50x	as long as short
Kraken Futures PF_WIFUSDshort	−0.0075%	1h	0.2465	−0.055%	$642K	$2.3M	50x
KuCoin WIFUSDTM	−0.0012%	4h	0.2463	−0.134%	$4.6M	$12.9M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2464	−0.109%	$18K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2465	−0.053%	$48K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2463	−0.118%	$796	—	150x	as long as short
Backpack WIF_USDC_PERP	+0.0051%	1h	0.2464	−0.077%	$77K	$272K	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2466	−0.017%	$139K	$624K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2466	−0.013%	$56K	$496K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_WIF_USDC	+0.0099%	4h	0.2464	−0.094%	$5K	$1.3M	10x	as long as short
Aster WIFUSDTlong	+0.0100%	4h	0.2466	long leg	$35K	$274K	10x
Pacifica WIF	+0.0100%	1h	0.2466	−0.030%	$77K	$53K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2467	+0.042%	$18.7M	$111.8M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2466	−0.013%	$16.9M	$38.0M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2466	−0.013%	$5.9M	$34.5M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2466	−0.013%	$22.2M	$11.0M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2466	−0.013%	$7.5M	$12.4M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2466	−0.013%	—	$65.9M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2475	+0.357%	$75K	$70K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2474	+0.306%	$274K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2479	+0.514%	$43K	$631K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2460	−0.256%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2464	−0.094%	$559	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2458	−0.337%	$168K	$750K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2464	−0.078%	$11K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2465	−0.060%	$82K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0178% / S −0.0042%	1h	0.2464	−0.111%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0181%	1h	0.2470	+0.170%	$8.0M	$4.7M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0304%	1h	0.2464	−0.094%	$324K	$2.5M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2487	+0.839%	$997K	$710K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2464	−0.089%	$0	—	15x	as long as short