Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: BingX against Binance+0.040%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 7 days−0.050%−$5 · spread now +0.040%, 7d avg +0.015%

Together, before fees−0.003%$0 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: BingX is 0.025% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WIFUSDT	0.2492	0.0100	pay 0.0050% / 4h	23m 50s	$18.8M	$118.7M	75x
Short	BingX WIF-USDT	0.2493	0.0100	get 0.0050% / 4h	23m 50s	—	$23.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → +0.015%: $2.54
Slippage, 4 orders: −$21.06
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$38.52
Costs to cover: 0.411%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; BingX: live order book, 15 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 Binance live order book, 4 min ago	2.00 bp	9.4 bp −$9	22.9 bp −$229	95.2 bp −$9,525	doesn't fit
Sell BingX live order book, 15 min ago	2.03 bp	9.2 bp −$9	20.6 bp −$206	79.0 bp −$7,896	526.9 bp −$263.4K

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
BloFin WIF-USDT	−0.0187%	4h	0.2499	+0.281%	$997K	$833K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0152%	1h	0.2493	+0.024%	$76K	$291K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2500	+0.302%	$19K	$597	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2494	+0.080%	$45K	$256K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2494	+0.075%	$806	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−0.883%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2496	+0.148%	$138K	$631K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2493	+0.040%	$57K	$497K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2495	+0.132%	$33K	$284K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2499	+0.280%	$78K	$60K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WIFUSDTlong	+0.0100%	4h	0.2492	long leg	$18.8M	$118.7M	75x
Bybit WIFUSDT	+0.0100%	4h	0.2492	−0.016%	$16.9M	$39.9M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2491	−0.040%	$6.0M	$36.2M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2493	+0.040%	$1.2M	$7.7M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2491	−0.040%	$23.0M	$11.4M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2495	+0.120%	$4.6M	$14.4M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2492	0.000%	$7.6M	$13.3M	50x	as long as short
BingX WIF-USDTshort	+0.0100%	4h	0.2493	+0.040%	—	$23.5M	—
Variational Omni WIF	+0.0100%	4h	0.2501	+0.363%	$76K	$69K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2501	+0.361%	$284K	$2.3M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2500	+0.321%	$46K	$624K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2494	+0.080%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2489	−0.120%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2493	+0.044%	$580	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2495	+0.120%	$167K	$699K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2491	−0.026%	$9K	$147K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2494	+0.063%	$83K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0133% / S −0.0012%	1h	0.2494	+0.062%	$8K	—	100x	as long as short
Kraken Futures PF_WIFUSD	+0.0260%	1h	0.2494	+0.076%	$648K	$2.3M	50x	as long as short
Hyperliquid WIF	+0.0298%	1h	0.2499	+0.273%	$8.1M	$4.9M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0328%	1h	0.2496	+0.161%	$328K	$2.7M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2493	+0.043%	$0	—	15x	as long as short