After costs, if the gap returns to its 7d average, $10k−$136
spread now−0.921%7d average+0.053%fees + slippage, in and out−$38spread needed0.383%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WIF_USDC_PERP | 0.2413 | −0.0372 | get 0.0047% / 1h | 29m 27s | $80K | $224K | 10x |
| Short | Binance WIFUSDT | 0.2391 | 0.0064 | get 0.0032% / 4h | 3h 29m | $17.8M | $76.7M | 75x |
Backpack WIF_USDC_PERP
Binance WIFUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$92.11
- Funding while held
- $13.08
- Slippage, 4 orders
- −$18.33
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$117.36
- Spread needed to break even
- 0.383%
Slippage from Backpack: live order book, 31 min ago; Binance: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0436%
- Per $10,000 a day
- +$13.08
- 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 Backpack live order book, 31 min ago | 0.20 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.04 bp | 10.0 bp −$10 | 19.0 bp −$190 | 99.3 bp −$9,929 | doesn't fit |
WIF price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.2387cheapestBitget0.2387cheapestOKX0.2388+0.042%Reya0.2389+0.086%
Bybit
Bitget
OKX
ReyaBinance0.2391+0.162%
Popdex0.2393+0.251%Gate0.2396+0.377%dYdX0.2397+0.419%Extended0.2397+0.439%Pacifica0.2398+0.446%MEXC0.2398+0.461%BingX0.2398+0.461%Lighter0.2399+0.511%KuCoin0.2402+0.628%Aster0.2405+0.745%Hyperliquid0.2406+0.792%SunX0.2412+1.047%Orderly0.2413+1.089%
Popdex
Gate
dYdX
Extended
Pacifica
MEXC
BingX
Lighter
KuCoin
Aster
Hyperliquid
SunX
OrderlyBackpack0.2413+1.093%
GMX0.2414+1.116%Deribit0.2414+1.131%Aevo0.2414+1.134%gTrade (Gains Network)0.2414+1.141%SoDEX0.2414+1.152%HTX0.2416+1.215%Kraken Futures0.2418+1.288%Coinbase International0.2418+1.299%Variational Omni0.2422+1.451%BloFin0.2429+1.760%ApeX Omni0.2434+1.969%Injective0.2451+2.681%
GMX
Deribit
Aevo
gTrade (Gains Network)
SoDEX
HTX
Kraken Futures
Coinbase International
Variational Omni
BloFin
ApeX Omni
InjectiveWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit WIFUSDT | −1.082% | +0.0100% | 4h | $17.1M | $29.0M | 50x | as long as short |
| Bitget WIFUSDT | −1.082% | +0.0100% | 4h | $9.0M | $8.2M | 50x | as long as short |
| OKX WIF-USDT-SWAP | −1.040% | +0.0100% | 4h | $6.2M | $25.0M | 50x | as long as short |
| Reya WIFRUSDPERP | −0.997% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Binance WIFUSDTshort | −0.921% | +0.0064% | 4h | $17.8M | $76.7M | 75x | |
| Popdex WIFUSDT | −0.833% | +0.0096% | 1h | $52K | $474K | 20x | as long as short |
| Gate WIF_USDT | −0.709% | +0.0054% | 4h | $1.2M | $5.6M | 50x | as long as short |
| dYdX WIF-USD | −0.667% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |
| Extended WIF-USD | −0.647% | +0.0064% | 1h | $12K | $150K | 25x | as long as short |
| Pacifica WIF | −0.640% | +0.0100% | 1h | $74K | $34K | 5x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC WIF_USDT | −0.626% | +0.0062% | 4h | $21.5M | $9.0M | 50x | as long as short |
| BingX WIF-USDT | −0.626% | +0.0100% | 4h | — | $62.0M | — | as long as short |
| Lighter WIF | −0.576% | +0.0096% | 1h | $135K | $394K | 10x | as long as short |
| KuCoin WIFUSDTM | −0.460% | +0.0076% | 4h | $4.0M | $9.2M | 75x | as long as short |
| Aster WIFUSDT | −0.345% | −0.0252% | 4h | $44K | $194K | 10x | as long as short |
| Hyperliquid WIF | −0.298% | +0.0304% | 1h | $7.2M | $3.2M | 5x | as long as short |
| SunX WIF-USDT | −0.046% | +0.0100% | 4h | $2K | $2.6M | 50x | as long as short |
| Orderly PERP_WIF_USDC | −0.004% | +0.0040% | 4h | $5K | $1.3M | 10x | as long as short |
| Backpack WIF_USDC_PERPlong | 0.000% | −0.0372% | 1h | $80K | $224K | 10x | |
| GMX WIF/USD [WBTC.b-USDC] | +0.022% | L −0.0365% / S +0.0358% | 1h | $7K | — | 100x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.037% | 0.0000% | 1h | $55K | $282K | 25x | as long as short |
| Aevo WIF-PERP | +0.040% | +0.0096% | 1h | $81K | $85 | 3x | as long as short |
| gTrade (Gains Network) WIF/USD | +0.047% | L +0.0002% / S −0.0002% | 1h | $18K | — | 150x | as long as short |
| SoDEX WIF-USD | +0.058% | +0.0100% | 1h | $553 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.120% | +0.0100% | 4h | $174K | $645K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | +0.192% | −0.0323% | 1h | $640K | $1.4M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.203% | +0.0192% | 1h | $314K | $1.8M | 50x | as long as short |
| Variational Omni WIF | +0.354% | −0.0164% | 4h | $69K | $48K | — | as long as short |
| BloFin WIF-USDT | +0.659% | +0.0233% | 4h | $1.0M | $625K | 75x | as long as short |
| ApeX Omni WIFUSDT | +0.866% | +0.0100% | 1h | $49K | $602K | 25x | as long as short |
| Injective WIF/USDC PERP | +1.571% | −0.0997% | 1h | $11K | $82K | 12x | as long as short |