Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%

Price spread now: ApeX Omni against Bitget+0.742%7-day average −0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs+$14as in the Price arb table

costs, in and out, $10k−$640.645% of the position

Long on Bitget Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$2 on $10k

Price spread, last 4 days (all we have)−0.498%−$50 · spread now +0.742%, 7d avg −0.047%

Together, before fees−0.513%−$51 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: ApeX Omni is 0.789% dearer against Bitget than usual: you sell high and buy low, +$79 on $10k if it goes back to its 7-day average of −0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WIFUSDT	0.2559	0.0100	pay 0.0050% / 4h	3h 26m	$7.9M	$14.4M	50x
Short	ApeX Omni WIFUSDT	0.2578	0.0100	get 0.0013% / 1h	26m 52s	$47K	$624K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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 BitgetbpFee ApeX OmnibpOrdersPrice spread, now +0.742%Rate

Funding earned: $0
Price spread: +0.742% → −0.047%: $78.93
Slippage, 4 orders: −$42.49
Fee Bitget: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $14.44
Costs to cover: 0.645%
Break-even: from the start

Slippage from Bitget: live order book, 2 min ago; ApeX Omni: live order book, 26 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 Bitget live order book, 2 min ago	1.95 bp	10.1 bp −$10	33.3 bp −$333	114.2 bp −$11.4K	doesn't fit
Sell ApeX Omni live order book, 26 min ago	11.72 bp	21.6 bp −$22	128.4 bp −$1,284	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
BloFin WIF-USDT	−0.0194%	4h	0.2558	−0.039%	$1.1M	$908K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2559	+0.019%	$14K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2559	+0.011%	—	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2555	−0.156%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2562	+0.109%	$147K	$652K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2558	−0.039%	$53K	$563K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2560	+0.029%	$45K	$310K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2561	+0.068%	$79K	$65K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2559	+0.007%	$20.4M	$127.8M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2558	−0.039%	$17.6M	$42.7M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2559	0.000%	$6.2M	$39.0M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2558	−0.039%	$1.2M	$8.3M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2558	−0.039%	$23.6M	$11.6M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2557	−0.078%	$4.3M	$15.2M	75x	as long as short
Bitget WIFUSDTlong	+0.0100%	4h	0.2559	long leg	$7.9M	$14.4M	50x
BingX WIF-USDT	+0.0100%	4h	0.2558	−0.039%	—	$23.9M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2557	−0.074%	$78K	$304K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2573	+0.549%	$97K	$136K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2568	+0.352%	$294K	$2.5M	10x	as long as short
ApeX Omni WIFUSDTshort	+0.0100%	1h	0.2578	+0.742%	$47K	$624K	25x
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2559	0.000%	$5K	$1.2M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2556	−0.117%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2560	+0.059%	$600	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2553	−0.234%	$168K	$735K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2557	−0.088%	$12K	$145K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2559	0.000%	$85K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0115% / S +0.0004%	1h	0.2559	+0.015%	$9K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0141%	1h	0.2560	+0.039%	$40K	$263K	25x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2562	+0.117%	$348K	$3.0M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0359%	1h	0.2562	+0.107%	$666K	$2.4M	50x	as long as short
Hyperliquid WIF	+0.0554%	1h	0.2564	+0.184%	$8.5M	$5.2M	5x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2559	+0.001%	$1	—	15x	as long as short