After costs, if the gap returns to its 7d average, $10k−$50
spread now−0.096%7d average+0.050%fees + slippage, in and out−$35spread needed0.351%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WIF_USDC_PERP | 0.2487 | −0.0847 | get 0.0106% / 1h | 5m 45s | $79K | $220K | 10x |
| Short | MEXC WIF_USDT | 0.2485 | 0.0012 | get 0.0006% / 4h | 5m 45s | $23.1M | $8.7M | 50x |
Backpack WIF_USDC_PERP
MEXC 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
- −$9.65
- Funding while held
- $25.77
- Slippage, 4 orders
- −$21.09
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$18.98
- Spread needed to break even
- 0.351%
Slippage from Backpack: live order book, 60 min ago; MEXC: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0859%
- Per $10,000 a day
- +$25.77
- 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, 60 min ago | 1.23 bp | 10.3 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.03 bp | 9.7 bp −$10 | 29.6 bp −$296 | 120.7 bp −$12.1K | 150.6 bp −$75.3K |
WIF price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2451cheapestApeX Omni0.2459+0.326%BloFin0.2475+0.979%Lighter0.2476+1.020%OKX0.2481+1.224%Bybit0.2482+1.265%KuCoin0.2483+1.306%Binance0.2484+1.334%Gate0.2484+1.346%BingX0.2484+1.346%Extended0.2484+1.359%
Injective
ApeX Omni
BloFin
Lighter
OKX
Bybit
KuCoin
Binance
Gate
BingX
ExtendedMEXC0.2485+1.387%
Hyperliquid0.2485+1.408%Aster0.2486+1.427%SunX0.2486+1.428%Variational Omni0.2487+1.464%Popdex0.2487+1.469%Reya0.2487+1.485%
Hyperliquid
Aster
SunX
Variational Omni
Popdex
ReyaBackpack0.2487+1.485%
SoDEX0.2487+1.489%Pacifica0.2488+1.493%Aevo0.2488+1.496%Bitget0.2488+1.510%Orderly0.2489+1.550%Coinbase International0.2489+1.550%gTrade (Gains Network)0.2490+1.591%Deribit0.2490+1.591%GMX0.2490+1.596%dYdX0.2491+1.628%Kraken Futures0.2491+1.629%HTX0.2492+1.673%
SoDEX
Pacifica
Aevo
Bitget
Orderly
Coinbase International
gTrade (Gains Network)
Deribit
GMX
dYdX
Kraken Futures
HTXWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERP | −1.463% | −0.0229% | 1h | $11K | $82K | 12x | as long as short |
| ApeX Omni WIFUSDT | −1.142% | −0.0266% | 1h | $49K | $602K | 25x | as long as short |
| BloFin WIF-USDT | −0.499% | +0.0049% | 4h | $1.1M | $634K | 75x | as long as short |
| Lighter WIF | −0.458% | +0.0096% | 1h | $148K | $298K | 10x | as long as short |
| OKX WIF-USDT-SWAP | −0.257% | +0.0100% | 4h | $6.4M | $24.2M | 50x | as long as short |
| Bybit WIFUSDT | −0.217% | −0.0008% | 4h | $17.5M | $28.3M | 50x | as long as short |
| KuCoin WIFUSDTM | −0.177% | +0.0100% | 4h | $4.1M | $8.8M | 75x | as long as short |
| Binance WIFUSDT | −0.149% | +0.0017% | 4h | $18.2M | $71.2M | 75x | as long as short |
| Gate WIF_USDT | −0.137% | −0.0016% | 4h | $1.2M | $5.4M | 50x | as long as short |
| BingX WIF-USDT | −0.137% | +0.0100% | 4h | — | $62.0M | — | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended WIF-USD | −0.124% | +0.0016% | 1h | $13K | $150K | 25x | as long as short |
| MEXC WIF_USDTshort | −0.096% | +0.0012% | 4h | $23.1M | $8.7M | 50x | |
| Hyperliquid WIF | −0.076% | +0.0118% | 1h | $7.4M | $3.4M | 5x | as long as short |
| Aster WIFUSDT | −0.057% | −0.0145% | 4h | $34K | $158K | 10x | as long as short |
| SunX WIF-USDT | −0.056% | +0.0100% | 4h | $2K | $2.5M | 50x | as long as short |
| Variational Omni WIF | −0.021% | −0.0302% | 4h | $71K | $48K | — | as long as short |
| Popdex WIFUSDT | −0.016% | +0.0096% | 1h | $54K | $482K | 20x | as long as short |
| Reya WIFRUSDPERP | 0.000% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Backpack WIF_USDC_PERPlong | 0.000% | −0.0847% | 1h | $79K | $220K | 10x | |
| SoDEX WIF-USD | +0.004% | −0.0008% | 1h | $563 | $5K | 5x | as long as short |
| Pacifica WIF | +0.008% | +0.0100% | 1h | $77K | $29K | 5x | as long as short |
| Aevo WIF-PERP | +0.010% | +0.0088% | 1h | $83K | $85 | 3x | as long as short |
| Bitget WIFUSDT | +0.024% | +0.0100% | 4h | $9.5M | $7.7M | 50x | as long as short |
| Orderly PERP_WIF_USDC | +0.064% | +0.0034% | 4h | $5K | $1.3M | 10x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.064% | +0.0152% | 1h | $327K | $1.8M | 50x | as long as short |
| gTrade (Gains Network) WIF/USD | +0.105% | L +0.0002% / S −0.0002% | 1h | $4K | — | 150x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.105% | −0.0151% | 1h | $76K | $267K | 25x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | +0.110% | L −0.0432% / S +0.0425% | 1h | $6K | — | 100x | as long as short |
| dYdX WIF-USD | +0.141% | 0.0000% | 1h | $19K | $582 | 10x | as long as short |
| Kraken Futures PF_WIFUSD | +0.141% | +0.0070% | 1h | $647K | $1.3M | 50x | as long as short |
| HTX WIF-USDT | +0.185% | +0.0100% | 4h | $179K | $668K | 75x | as long as short |