WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0200%/8h= −21.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against Binance−0.043%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$690.690% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 on $10k

Price spread, last 7 days+0.123%+$12 · spread now −0.043%, 7d avg +0.017%

Together, before fees+0.022%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.060% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.017%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.101% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance WIFUSDT	0.2400	0.0100	pay 0.0050% / 4h	3h 31m	$17.9M	$97.9M	75x
Short	KuCoin WIFUSDTM	0.2399	−0.0100	pay 0.0050% / 4h	3h 31m	$4.2M	$10.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$42
Price spread: −0.043% → +0.017%: −$5.96
Slippage, 4 orders: −$46.97
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$116.93
Costs to cover: 0.690%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 2 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, 2 min ago	2.08 bp	12.8 bp −$13	30.8 bp −$308	110.8 bp −$11.1K	doesn't fit
Sell KuCoin live order book, 2 min ago	4.16 bp	21.4 bp −$21	63.5 bp −$635	doesn't fit	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	−0.0614%	1h	0.2405	+0.191%	$72K	$234K	10x	as long as short
Variational Omni WIF	−0.0151%	4h	0.2401	+0.042%	$68K	$51K	—	as long as short
KuCoin WIFUSDTMshort	−0.0100%	4h	0.2399	−0.043%	$4.2M	$10.8M	75x
dYdX WIF-USD	0.0000%	1h	0.2408	+0.332%	$18K	$582	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2409	+0.374%	$48K	$291K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2408	+0.320%	$15K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−0.209%	$10K	$10K	12x	as long as short
Aster WIFUSDT	+0.0050%	4h	0.2404	+0.150%	$23K	$253K	10x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0063% / S −0.0129%	1h	0.2407	+0.307%	$4K	—	100x	as long as short
Orderly PERP_WIF_USDC	+0.0092%	4h	0.2406	+0.249%	$5K	$1.3M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter WIF	+0.0096%	1h	0.2402	+0.091%	$132K	$539K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2403	+0.124%	$53K	$483K	20x	as long as short
Pacifica WIF	+0.0100%	1h	0.2402	+0.091%	$74K	$46K	5x	as long as short
Binance WIFUSDTlong	+0.0100%	4h	0.2400	long leg	$17.9M	$97.9M	75x
Bybit WIFUSDT	+0.0100%	4h	0.2400	+0.007%	$16.9M	$34.4M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2401	+0.041%	$6.2M	$30.0M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2403	+0.124%	$1.2M	$6.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2402	+0.082%	$21.9M	$10.6M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2403	+0.124%	$7.3M	$11.5M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2404	+0.166%	—	$64.8M	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2389	−0.462%	$275K	$1.7M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2407	+0.291%	$42K	$612K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2400	−0.001%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2406	+0.228%	$544	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2407	+0.291%	$166K	$708K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2402	+0.070%	$9K	$152K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2406	+0.261%	$80K	$85	3x	as long as short
Hyperliquid WIF	+0.0210%	1h	0.2408	+0.349%	$7.3M	$3.7M	5x	as long as short
Kraken Futures PF_WIFUSD	+0.0221%	1h	0.2408	+0.332%	$645K	$2.1M	50x	as long as short
Coinbase International WIF-PERP-INTX	+0.0296%	1h	0.2412	+0.499%	$317K	$2.4M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2407	+0.291%	$1.0M	$693K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2405	+0.204%	$0	—	15x	as long as short