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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin WIF-USDT | 0.2558 | −0.0194 | get 0.0097% / 4h | 3h 26m | $1.1M | $908K | 75x |
| Short | Bybit WIFUSDT | 0.2550 | 0.0100 | get 0.0050% / 4h | 3h 26m | $17.5M | $42.7M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 6 min ago | 7.79 bp | 18.4 bp −$18 | 32.6 bp −$326 | 89.5 bp −$8,954 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.90 bp | 13.6 bp −$14 | 28.2 bp −$282 | 191.6 bp −$19.2K | 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-USDTlong | −0.0194% | 4h | 0.2558 | long leg | $1.1M | $908K | 75x | |
| dYdX WIF-USD | 0.0000% | 1h | 0.2555 | −0.136% | $14K | $597 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2559 | +0.050% | — | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2555 | −0.117% | $11K | $10K | 12x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2561 | +0.129% | $147K | $652K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2552 | −0.235% | $52K | $563K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2554 | −0.170% | $44K | $310K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2554 | −0.142% | $79K | $65K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2552 | −0.235% | $20.3M | $127.9M | 75x | as long as short |
| Bybit WIFUSDTshort | +0.0100% | 4h | 0.2550 | −0.313% | $17.5M | $42.7M | 50x |
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 | 0.2551 | −0.274% | $6.2M | $38.9M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2552 | −0.235% | $1.2M | $8.3M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2553 | −0.195% | $23.5M | $11.6M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2558 | 0.000% | $4.3M | $15.2M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2551 | −0.274% | $7.8M | $14.4M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2552 | −0.235% | — | $23.9M | — | as long as short |
| Backpack WIF_USDC_PERP | +0.0100% | 1h | 0.2557 | −0.035% | $78K | $304K | 10x | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2573 | +0.588% | $97K | $136K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2568 | +0.391% | $294K | $2.5M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2578 | +0.782% | $47K | $624K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2559 | +0.039% | $5K | $1.2M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2556 | −0.078% | $2K | $2.9M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2560 | +0.098% | $600 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2553 | −0.195% | $168K | $735K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2550 | −0.303% | $12K | $145K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2559 | +0.039% | $85K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0115% / S +0.0004% | 1h | 0.2559 | +0.054% | $9K | — | 100x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.0141% | 1h | 0.2560 | +0.078% | $40K | $263K | 25x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0352% | 1h | 0.2562 | +0.156% | $348K | $3.0M | 50x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0359% | 1h | 0.2562 | +0.146% | $666K | $2.4M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2551 | −0.292% | $1 | — | 15x | as long as short |
| Hyperliquid WIF | +0.0563% | 1h | 0.2557 | −0.055% | $8.5M | $5.2M | 5x | as long as short |
BloFin WIF-USDT
Bybit WIFUSDT
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDT
Backpack WIF_USDC_PERP
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
GMX WIF/USD [WBTC.b-USDC]
Deribit WIF_USDC-PERPETUAL
Coinbase International WIF-PERP-INTX
Kraken Futures PF_WIFUSD
Hyperliquid WIF