Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0294%/8h= +32.2% APRnext payment +$1.47 per $10,000 · paid last 24h −0.043%
Price spread now: Bybit against BloFin−0.313%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$640.635% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.479%−$48 on $10k
Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.313%, 7d avg −0.011%
Together, before fees−0.199%−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.302% cheaper against BloFin than usual: you would sell low and buy high (spread −0.313% now, against its 7-day average of −0.011%). If the spread goes back, that is −$30 on $10k: about 3.4 days of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.479%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin WIF-USDT0.2558−0.0194get 0.0097% / 4h3h 26m$1.1M$908K75x
ShortBybit WIFUSDT0.25500.0100get 0.0050% / 4h3h 26m$17.5M$42.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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

Funding earned
$61.83
Price spread: −0.313% → −0.011%
−$30.2
Slippage, 4 orders
−$40.55
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$31.92
Costs to cover
0.635%
Break-even
10.6 days
Slippage from BloFin: live order book, 6 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 6 min ago7.79 bp18.4 bp −$1832.6 bp −$32689.5 bp −$8,954doesn't fit
Sell Bybit live order book, 2 min ago3.90 bp13.6 bp −$1428.2 bp −$282191.6 bp −$19.2Kdoesn't fit

WIF on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin WIF-USDTlong−0.0194%4h0.2558long leg$1.1M$908K75x
dYdX WIF-USD0.0000%1h0.2555−0.136%$14K$59710xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2559+0.050%150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2555−0.117%$11K$10K12xas long as short
Lighter WIF+0.0096%1h0.2561+0.129%$147K$652K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2552−0.235%$52K$563K20xas long as short
Aster WIFUSDT+0.0100%4h0.2554−0.170%$44K$310K10xas long as short
Pacifica WIF+0.0100%1h0.2554−0.142%$79K$65K5xas long as short
Binance WIFUSDT+0.0100%4h0.2552−0.235%$20.3M$127.9M75xas long as short
Bybit WIFUSDTshort+0.0100%4h0.2550−0.313%$17.5M$42.7M50x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WIF-USDT-SWAP+0.0100%4h0.2551−0.274%$6.2M$38.9M50xas long as short
Gate WIF_USDT+0.0100%4h0.2552−0.235%$1.2M$8.3M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2553−0.195%$23.5M$11.6M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.25580.000%$4.3M$15.2M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2551−0.274%$7.8M$14.4M50xas long as short
BingX WIF-USDT+0.0100%4h0.2552−0.235%$23.9Mas long as short
Backpack WIF_USDC_PERP+0.0100%1h0.2557−0.035%$78K$304K10xas long as short
Variational Omni WIF+0.0100%4h0.2573+0.588%$97K$136Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2568+0.391%$294K$2.5M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2578+0.782%$47K$624K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2559+0.039%$5K$1.2M10xas long as short
SunX WIF-USDT+0.0100%4h0.2556−0.078%$2K$2.9M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2560+0.098%$600$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2553−0.195%$168K$735K75xas long as short
Extended WIF-USD+0.0104%1h0.2550−0.303%$12K$145K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2559+0.039%$85K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0115% / S +0.0004%1h0.2559+0.054%$9K100xas long as short
Deribit WIF_USDC-PERPETUAL+0.0141%1h0.2560+0.078%$40K$263K25xas long as short
Coinbase International WIF-PERP-INTX+0.0352%1h0.2562+0.156%$348K$3.0M50xas long as short
Kraken Futures PF_WIFUSD+0.0359%1h0.2562+0.146%$666K$2.4M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2551−0.292%$115xas long as short
Hyperliquid WIF+0.0563%1h0.2557−0.055%$8.5M$5.2M5xas long as short