Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: Binance against Bitget+0.013%7-day average −0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$510.512% of the position

Long on Bitget Short on Binance

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−0.069%−$7 · spread now +0.013%, 7d avg −0.051%

Together, before fees−0.115%−$12 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: Binance is 0.065% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget WIFUSDT	0.2418	0.0100	pay 0.0050% / 4h	2h 14m	$7.3M	$15.5M	50x
Short	Binance WIFUSDT	0.2418	0.0100	get 0.0050% / 4h	2h 14m	$18.7M	$140.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → −0.051%: $6.46
Slippage, 4 orders: −$29.15
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$44.69
Costs to cover: 0.512%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 13 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, 4 min ago	2.07 bp	16.9 bp −$17	29.0 bp −$290	85.7 bp −$8,567	doesn't fit
Sell Binance live order book, 13 min ago	2.10 bp	13.7 bp −$14	31.1 bp −$311	104.6 bp −$10.5K	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	−0.0142%	4h	0.2421	+0.124%	$749K	$910K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2417	−0.061%	$13K	$597	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2420	+0.083%	$32K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2419	+0.057%	—	—	150x	as long as short
Backpack WIF_USDC_PERP	+0.0029%	1h	0.2419	+0.021%	$74K	$317K	10x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0086% / S +0.0032%	1h	0.2419	+0.041%	$8K	—	100x	as long as short
Lighter WIF	+0.0096%	1h	0.2422	+0.153%	$146K	$672K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2420	+0.083%	$52K	$570K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2421	+0.136%	$8.4M	$6.4M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2418	+0.013%	$29K	$339K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WIF	+0.0100%	1h	0.2418	−0.009%	$76K	$69K	5x	as long as short
Binance WIFUSDTshort	+0.0100%	4h	0.2418	+0.013%	$18.7M	$140.4M	75x
Bybit WIFUSDT	+0.0100%	4h	0.2417	−0.058%	$16.4M	$46.5M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2418	0.000%	$5.5M	$40.1M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2418	0.000%	$1.1M	$9.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2417	−0.041%	$21.8M	$12.1M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2418	0.000%	$4.0M	$16.1M	75x	as long as short
Bitget WIFUSDTlong	+0.0100%	4h	0.2418	long leg	$7.3M	$15.5M	50x
BingX WIF-USDC	+0.0100%	4h	0.2418	0.000%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2416	−0.079%	$72K	$190K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2413	−0.207%	$269K	$2.7M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2425	+0.289%	$44K	$630K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2419	+0.041%	$5K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2416	−0.083%	$2K	$3.0M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2419	+0.045%	$558	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2418	0.000%	$147K	$859K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2416	−0.068%	$11K	$165K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2419	+0.047%	$81K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0247%	1h	0.2420	+0.102%	$632K	$2.6M	50x	as long as short
Coinbase International WIF-PERP-INTX	+0.0416%	1h	0.2419	+0.041%	$322K	$3.1M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2418	+0.005%	$0	—	15x	as long as short
Injective WIF/USDC PERP	+0.0707%	1h	0.2401	−0.703%	$10K	$10K	12x	as long as short