WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.053%

Price spread now: BloFin against Binance+0.395%91s7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$4as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$490.485% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.441%+$44 on $10k

Price spread, last 3 days (all we have)−0.376%−$38 · spread now +0.395%, 7d avg +0.002%

Together, before fees+0.065%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.393% dearer against Binance than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.002%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WIFUSDT	0.2484	0.0100	pay 0.0050% / 4h	3h 27m	$19.1M	$107.1M	75x
Short	BloFin WIF-USDT	0.2494	0.0340	get 0.0170% / 4h	3h 27m	$1.0M	$746K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.395%Rate

Funding earned: $50.4
Price spread: +0.395% → +0.002%: $39.34
Slippage, 4 orders: −$26.51
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $41.24
Costs to cover: 0.485%
Break-even: 1.3 days

Slippage from Binance: live order book, 15 min ago; BloFin: live order book, 44 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, 15 min ago	2.04 bp	11.5 bp −$11	25.4 bp −$254	102.3 bp −$10.2K	doesn't fit
Sell BloFin live order book, 44 min ago	4.12 bp	10.1 bp −$10	11.9 bp −$119	42.4 bp −$4,243	doesn't fit

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
Backpack WIF_USDC_PERP	−0.0323%	1h	0.2483	−0.052%	$76K	$254K	10x	as long as short
Gate WIF_USDT	−0.0204%	4h	0.2482	−0.088%	$1.2M	$7.1M	50x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0152%	1h	0.2485	+0.033%	$49K	$289K	25x	as long as short
KuCoin WIFUSDTM	−0.0034%	4h	0.2482	−0.088%	$4.4M	$12.1M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2486	+0.054%	$19K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2485	+0.014%	$12K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−0.571%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0039%	1h	0.2487	+0.095%	$653K	$2.2M	50x	as long as short
Lighter WIF	+0.0096%	1h	0.2486	+0.061%	$142K	$588K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2490	+0.234%	$56K	$483K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_WIF_USDC	+0.0096%	4h	0.2485	+0.033%	$5K	$1.3M	10x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2485	+0.041%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2484	−0.002%	$77K	$52K	5x	as long as short
Binance WIFUSDTlong	+0.0100%	4h	0.2484	long leg	$19.1M	$107.1M	75x
Bybit WIFUSDT	+0.0100%	4h	0.2482	−0.088%	$17.2M	$36.9M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2482	−0.088%	$6.0M	$33.7M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2484	−0.007%	$22.5M	$11.0M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2487	+0.113%	$7.6M	$12.1M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2483	−0.048%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2487	+0.118%	$74K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2492	+0.315%	$281K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2490	+0.234%	$43K	$632K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2478	−0.249%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2484	+0.001%	$565	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2483	−0.048%	$170K	$745K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2485	+0.031%	$10K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2485	+0.046%	$83K	$85	3x	as long as short
Hyperliquid WIF	+0.0179%	1h	0.2489	+0.182%	$7.9M	$4.3M	5x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2484	0.000%	$7K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2483	−0.048%	$333K	$2.5M	50x	as long as short
BloFin WIF-USDTshort	+0.0340%	4h	0.2494	+0.395%	$1.0M	$746K	75x
Reya WIFRUSDPERP	+0.0558%	1h	0.2481	−0.133%	$0	—	15x	as long as short