Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against Aster−0.134%7-day average −0.025% · 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−$101as in the Price arb table

costs, in and out, $10k−$900.899% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.123%−$12 on $10k

Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.134%, 7d avg −0.025%

Together, before fees+0.053%+ Points / potential airdropAster: Stage 5 · farm board+$5 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: KuCoin is 0.109% cheaper against Aster than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster WIFUSDT	0.2454	0.0100	pay 0.0050% / 4h	1h 48m	$31K	$351K	10x
Short	KuCoin WIFUSDTM	0.2451	0.0100	get 0.0050% / 4h	1h 48m	$4.1M	$16.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.134%Rate

Funding earned: $0
Price spread: −0.134% → −0.025%: −$10.89
Slippage, 4 orders: −$69.86
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$100.74
Costs to cover: 0.899%
Break-even: never at this rate

Slippage from Aster: live order book, 59 min ago; KuCoin: live order book, 10 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, 59 min ago	6.14 bp	15.9 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	4.06 bp	18.4 bp −$18	65.7 bp −$657	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	−0.0467%	1h	0.2454	−0.011%	$10K	$10K	12x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2442	−0.500%	$975K	$921K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2458	+0.134%	$13K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2444	−0.419%	$32K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2444	−0.402%	—	—	150x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0062% / S +0.0250%	1h	0.2445	−0.385%	$21K	—	100x	as long as short
Backpack WIF_USDC_PERP	+0.0078%	1h	0.2446	−0.333%	$73K	$293K	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2455	+0.050%	$142K	$700K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2451	−0.134%	$53K	$570K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2455	+0.029%	$8.5M	$6.4M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDTlong	+0.0100%	4h	0.2454	long leg	$31K	$351K	10x
Pacifica WIF	+0.0100%	1h	0.2455	+0.019%	$77K	$70K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2453	−0.066%	$18.6M	$142.9M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2454	−0.003%	$16.6M	$47.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2453	−0.052%	$5.5M	$41.2M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2455	+0.029%	$1.1M	$9.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2453	−0.052%	$22.1M	$12.2M	50x	as long as short
KuCoin WIFUSDTMshort	+0.0100%	4h	0.2451	−0.134%	$4.1M	$16.3M	75x
Bitget WIFUSDT	+0.0100%	4h	0.2454	−0.011%	$7.4M	$15.6M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2455	+0.029%	—	$27.2M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2445	−0.374%	$72K	$193K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2447	−0.296%	$277K	$2.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2435	−0.786%	$45K	$630K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2446	−0.337%	$5K	$1.0M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2441	−0.541%	$2K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2445	−0.399%	$561	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2442	−0.500%	$148K	$882K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2453	−0.048%	$10K	$157K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2444	−0.428%	$82K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0349%	1h	0.2446	−0.349%	$626K	$2.7M	50x	as long as short
Coinbase International WIF-PERP-INTX	+0.0384%	1h	0.2446	−0.337%	$323K	$3.2M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2453	−0.068%	$0	—	15x	as long as short