After costs, if the gap returns to its 7d average, $10k−$67
spread now−0.178%7d average+0.102%fees + slippage, in and out−$39spread needed0.386%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WIF_USDC_PERP | 0.2473 | −0.0636 | get 0.0080% / 1h | 56m 58s | $84K | $197K | 10x |
| Short | Lighter WIF | 0.2469 | 0.0096 | get 0.0012% / 1h | 56m 58s | $141K | $209K | 10x |
Price 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
- −$17.79
- Funding while held
- $21.97
- Slippage, 4 orders
- −$28.59
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$34.41
- Spread needed to break even
- 0.386%
Slippage from Backpack: live order book, 8 min ago; Lighter: live order book, 40 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0732%
- Per $10,000 a day
- +$21.97
- 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, 8 min ago | 1.23 bp | 10.3 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 40 min ago | 2.77 bp | 11.2 bp −$11 | 80.6 bp −$806 | doesn't fit | doesn't fit |
WIF price on every exchange
against the cheapest. Click to use as the short leg.WIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni WIF | −1.491% | −0.0374% | 4h | $69K | $47K | — | as long as short |
| dYdX WIF-USD | −0.829% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |
| HTX WIF-USDT | −0.809% | +0.0100% | 4h | $228K | $513K | 75x | as long as short |
| ApeX Omni WIFUSDT | −0.728% | +0.0076% | 1h | $53K | $584K | 25x | as long as short |
| Injective WIF/USDC PERP | −0.728% | −0.0229% | 1h | $12K | $82K | 12x | as long as short |
| Pacifica WIF | −0.507% | +0.0100% | 1h | $76K | $27K | 5x | as long as short |
| Popdex WIFUSDT | −0.445% | +0.0096% | 1h | $51K | $465K | 20x | as long as short |
| Orderly PERP_WIF_USDC | −0.445% | +0.0028% | 4h | $5K | $1.3M | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.445% | −0.0156% | 1h | $77K | $235K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | −0.429% | L +0.0002% / S −0.0001% | 1h | $19K | — | 150x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX WIF-USD | −0.425% | +0.0100% | 1h | $557 | $5K | 5x | as long as short |
| Reya WIFRUSDPERP | −0.399% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Aevo WIF-PERP | −0.399% | +0.0080% | 1h | $82K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | −0.390% | L −2.1804% / S +0.0456% | 1h | $466 | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | −0.364% | +0.0152% | 1h | $321K | $1.5M | 50x | as long as short |
| SunX WIF-USDT | −0.323% | +0.0100% | 4h | $2K | $2.1M | 50x | as long as short |
| Aster WIFUSDT | −0.298% | −0.0043% | 4h | $20K | $104K | 10x | as long as short |
| Lighter WIFshort | −0.178% | +0.0096% | 1h | $141K | $209K | 10x | |
| KuCoin WIFUSDTM | −0.162% | +0.0100% | 4h | $3.9M | $7.8M | 75x | as long as short |
| BloFin WIF-USDT | −0.162% | +0.0227% | 4h | $1.0M | $569K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | −0.108% | +0.0071% | 1h | $637K | $1.1M | 50x | as long as short |
| MEXC WIF_USDT | −0.081% | −0.0016% | 4h | $23.1M | $7.6M | 50x | as long as short |
| Bybit WIFUSDT | −0.073% | −0.0130% | 4h | $17.2M | $25.8M | 50x | as long as short |
| Gate WIF_USDT | −0.040% | +0.0082% | 4h | $1.2M | $4.1M | 50x | as long as short |
| Extended WIF-USD | −0.024% | −0.0016% | 1h | $13K | $150K | 25x | as long as short |
| Bitget WIFUSDT | 0.000% | +0.0100% | 4h | $7.4M | $4.9M | 50x | as long as short |
| Backpack WIF_USDC_PERPlong | 0.000% | −0.0636% | 1h | $84K | $197K | 10x | |
| OKX WIF-USDT-SWAP | +0.081% | +0.0100% | 4h | $6.5M | $19.6M | 50x | as long as short |
| BingX WIF-USDT | +0.081% | +0.0100% | 4h | — | $61.7M | — | as long as short |
| Binance WIFUSDT | +0.099% | −0.0013% | 4h | $18.3M | $57.1M | 75x | as long as short |
| Hyperliquid WIF | +0.230% | +0.0806% | 1h | $7.4M | $3.5M | 5x | as long as short |
Backpack WIF_USDC_PERP
Lighter WIF
Variational Omni
HTX
ApeX Omni
Injective
Pacifica
Popdex
Deribit
gTrade (Gains Network)
SoDEX
GMX
Coinbase International
SunX
Aster
KuCoin
BloFin
Kraken Futures
MEXC
Bybit
Gate
Extended
Bitget
OKX
BingX
Binance
Hyperliquid