After costs, if the gap returns to its 7d average, $10k−$68
spread now−0.188%7d average+0.064%fees + slippage, in and out−$42spread needed0.423%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WIF_USDC_PERP | 0.2445 | −0.0365 | get 0.0046% / 1h | 41m 17s | $75K | $233K | 10x |
| Short | BloFin WIF-USDT | 0.2440 | 0.0340 | get 0.0170% / 4h | 1h 41m | $1.0M | $675K | 75x |
Backpack WIF_USDC_PERP
BloFin WIF-USDTPrice 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
- −$18.82
- Funding while held
- $21.14
- Slippage, 4 orders
- −$20.29
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$39.97
- Spread needed to break even
- 0.423%
Slippage from Backpack: live order book, 9 min ago; BloFin: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0705%
- Per $10,000 a day
- +$21.14
- 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, 9 min ago | 0.21 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 4.10 bp | 13.3 bp −$13 | 30.6 bp −$306 | 86.2 bp −$8,617 | doesn't fit |
WIF price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2396cheapestVariational Omni0.2413+0.691%ApeX Omni0.2432+1.503%SunX0.2439+1.795%BingX0.2440+1.836%
Injective
Variational Omni
ApeX Omni
SunX
BingXBloFin0.2440+1.836%
Bitget0.2441+1.878%Binance0.2441+1.893%SoDEX0.2442+1.899%Extended0.2442+1.900%Aevo0.2442+1.917%Gate0.2442+1.920%Lighter0.2442+1.937%Reya0.2443+1.945%Bybit0.2443+1.962%KuCoin0.2443+1.962%Orderly0.2443+1.962%Deribit0.2443+1.962%Coinbase International0.2443+1.962%Kraken Futures0.2444+1.988%Popdex0.2444+2.003%MEXC0.2444+2.003%
Bitget
Binance
SoDEX
Extended
Aevo
Gate
Lighter
Reya
Bybit
KuCoin
Orderly
Deribit
Coinbase International
Kraken Futures
Popdex
MEXCBackpack0.2445+2.028%
GMX0.2445+2.034%Aster0.2445+2.043%gTrade (Gains Network)0.2445+2.045%OKX0.2446+2.087%HTX0.2446+2.087%Pacifica0.2446+2.099%Hyperliquid0.2447+2.122%dYdX0.2448+2.175%
GMX
Aster
gTrade (Gains Network)
OKX
HTX
Pacifica
Hyperliquid
dYdXWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERP | −1.988% | +0.1452% | 1h | $10K | $59K | 12x | as long as short |
| Variational Omni WIF | −1.311% | −0.0265% | 4h | $68K | $47K | — | as long as short |
| ApeX Omni WIFUSDT | −0.515% | +0.0100% | 1h | $46K | $606K | 25x | as long as short |
| SunX WIF-USDT | −0.229% | +0.0100% | 4h | $1K | $2.7M | 50x | as long as short |
| BingX WIF-USDC | −0.188% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| BloFin WIF-USDTshort | −0.188% | +0.0340% | 4h | $1.0M | $675K | 75x | |
| Bitget WIFUSDT | −0.147% | +0.0100% | 4h | $7.5M | $10.6M | 50x | as long as short |
| Binance WIFUSDT | −0.133% | +0.0100% | 4h | $18.6M | $89.0M | 75x | as long as short |
| SoDEX WIF-USD | −0.127% | +0.0100% | 1h | $546 | $5K | 5x | as long as short |
| Extended WIF-USD | −0.126% | +0.0104% | 1h | $12K | $148K | 25x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo WIF-PERP | −0.109% | +0.0104% | 1h | $81K | $85 | 3x | as long as short |
| Gate WIF_USDT | −0.106% | −0.0044% | 4h | $1.2M | $6.5M | 50x | as long as short |
| Lighter WIF | −0.090% | +0.0096% | 1h | $138K | $445K | 10x | as long as short |
| Reya WIFRUSDPERP | −0.081% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Bybit WIFUSDT | −0.065% | −0.0200% | 4h | $17.1M | $32.0M | 50x | as long as short |
| KuCoin WIFUSDTM | −0.065% | +0.0100% | 4h | $4.4M | $10.2M | 75x | as long as short |
| Orderly PERP_WIF_USDC | −0.065% | +0.0078% | 4h | $5K | $1.3M | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.065% | −0.0159% | 1h | $47K | $290K | 25x | as long as short |
| Coinbase International WIF-PERP-INTX | −0.065% | +0.0288% | 1h | $320K | $2.1M | 50x | as long as short |
| Kraken Futures PF_WIFUSD | −0.040% | +0.0342% | 1h | $642K | $1.8M | 50x | as long as short |
| Popdex WIFUSDT | −0.025% | +0.0096% | 1h | $54K | $481K | 20x | as long as short |
| MEXC WIF_USDT | −0.025% | +0.0100% | 4h | $22.0M | $9.7M | 50x | as long as short |
| Backpack WIF_USDC_PERPlong | 0.000% | −0.0365% | 1h | $75K | $233K | 10x | |
| GMX WIF/USD [WBTC.b-USDC] | +0.006% | L +0.0036% / S +0.0067% | 1h | $4K | — | 100x | as long as short |
| Aster WIFUSDT | +0.014% | −0.0078% | 4h | $20K | $217K | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | +0.016% | L +0.0002% / S −0.0002% | 1h | $18K | — | 150x | as long as short |
| OKX WIF-USDT-SWAP | +0.057% | +0.0100% | 4h | $6.2M | $28.7M | 50x | as long as short |
| HTX WIF-USDT | +0.057% | +0.0100% | 4h | $171K | $691K | 75x | as long as short |
| Pacifica WIF | +0.069% | +0.0100% | 1h | $76K | $43K | 5x | as long as short |
| Hyperliquid WIF | +0.092% | +0.0100% | 1h | $7.2M | $3.4M | 5x | as long as short |
| dYdX WIF-USD | +0.144% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |