After costs, if the gap returns to its 7d average, $10k−$30
spread now+0.185%7d average+0.082%fees + slippage, in and out−$41spread needed0.406%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WIFUSDT | 0.2271 | −0.0525 | get 0.0263% / 4h | 2h 39m | $15.5M | $18.8M | 50x |
| Short | Hyperliquid WIF | 0.2275 | 0.0100 | get 0.0013% / 1h | 39m 40s | $6.0M | $2.2M | 5x |
Bybit WIFUSDT
Hyperliquid WIFPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $18.45
- Funding while held
- $18.76
- Slippage, 4 orders
- −$20.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$3.44
- Spread needed to break even
- 0.406%
Slippage from Bybit: live order book, 5 min ago; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0625%
- Per $10,000 a day
- +$18.76
- Average in range /8h
- —
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 Bybit live order book, 5 min ago | 2.23 bp | 12.1 bp −$12 | 23.9 bp −$239 | 174.1 bp −$17.4K | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.67 bp | 5.8 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
WIF price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2048cheapest
ApeX Omni0.2240+9.375%Variational Omni0.2252+9.963%SunX0.2264+10.547%Popdex0.2265+10.596%BloFin0.2266+10.645%Aevo0.2266+10.669%Orderly0.2267+10.693%Deribit0.2267+10.693%SoDEX0.2268+10.718%Reya0.2268+10.743%Backpack0.2268+10.767%KuCoin0.2269+10.791%Coinbase International0.2269+10.791%Extended0.2269+10.807%gTrade (Gains Network)0.2269+10.810%Pacifica0.2269+10.813%Binance0.2270+10.820%GMX0.2270+10.834%MEXC0.2270+10.840%dYdX0.2270+10.857%Kraken Futures0.2271+10.866%Aster0.2271+10.869%
Injective
ApeX Omni
Variational Omni
SunX
Popdex
BloFin
Aevo
Orderly
Deribit
SoDEX
Reya
Backpack
KuCoin
Coinbase International
Extended
gTrade (Gains Network)
Pacifica
Binance
GMX
MEXC
dYdX
Kraken Futures
AsterBybit0.2271+10.889%
Gate0.2271+10.889%Lighter0.2272+10.938%OKX0.2273+10.986%Bitget0.2273+10.986%BingX0.2273+10.986%
Gate
Lighter
OKX
Bitget
BingXHyperliquid0.2275+11.093%
HTX0.2276+11.133%
HTXWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERP | −9.819% | +0.0033% | 1h | $10K | $97K | 12x | as long as short |
| ApeX Omni WIFUSDT | −1.365% | −0.0278% | 1h | $50K | $588K | 25x | as long as short |
| Variational Omni WIF | −0.835% | −0.0504% | 4h | $66K | $37K | — | as long as short |
| SunX WIF-USDT | −0.308% | +0.0100% | 4h | $2K | $1.4M | 50x | as long as short |
| Popdex WIFUSDT | −0.264% | +0.0096% | 1h | $53K | $252K | 20x | as long as short |
| BloFin WIF-USDT | −0.220% | +0.0296% | 4h | $939K | $386K | 75x | as long as short |
| Aevo WIF-PERP | −0.198% | +0.0096% | 1h | $76K | $85 | 3x | as long as short |
| Orderly PERP_WIF_USDC | −0.176% | +0.0048% | 4h | $4K | $1.3M | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.176% | −0.1072% | 1h | $85K | $170K | 25x | as long as short |
| SoDEX WIF-USD | −0.154% | −0.0218% | 1h | $521 | $6K | 5x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya WIFRUSDPERP | −0.131% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Backpack WIF_USDC_PERP | −0.110% | −0.0797% | 1h | $76K | $147K | 10x | as long as short |
| KuCoin WIFUSDTM | −0.088% | −0.0074% | 4h | $3.6M | $6.4M | 75x | as long as short |
| Coinbase International WIF-PERP-INTX | −0.088% | +0.0088% | 1h | $286K | $1.1M | 50x | as long as short |
| Extended WIF-USD | −0.074% | +0.0072% | 1h | $8K | $146K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | −0.071% | L +0.0002% / S −0.0002% | 1h | $5K | — | 150x | as long as short |
| Pacifica WIF | −0.068% | +0.0100% | 1h | $70K | $20K | 5x | as long as short |
| Binance WIFUSDT | −0.062% | +0.0072% | 4h | $15.6M | $38.2M | 75x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | −0.049% | L −0.1826% / S +0.0368% | 1h | $495 | — | 100x | as long as short |
| MEXC WIF_USDT | −0.044% | +0.0074% | 4h | $22.5M | $6.1M | 50x | as long as short |
| dYdX WIF-USD | −0.029% | 0.0000% | 1h | $17K | $582 | 10x | as long as short |
| Kraken Futures PF_WIFUSD | −0.021% | −0.0129% | 1h | $580K | $836K | 50x | as long as short |
| Aster WIFUSDT | −0.017% | +0.0023% | 4h | $20K | $69K | 10x | as long as short |
| Bybit WIFUSDTlong | 0.000% | −0.0525% | 4h | $15.5M | $18.8M | 50x | |
| Gate WIF_USDT | 0.000% | +0.0090% | 4h | $1.0M | $2.7M | 50x | as long as short |
| Lighter WIF | +0.044% | +0.0096% | 1h | $116K | $56K | 10x | as long as short |
| OKX WIF-USDT-SWAP | +0.088% | +0.0100% | 4h | $5.9M | $12.1M | 50x | as long as short |
| Bitget WIFUSDT | +0.088% | +0.0100% | 4h | $7.1M | $3.4M | 50x | as long as short |
| BingX WIF-USDT | +0.088% | +0.0100% | 4h | — | $47.1M | — | as long as short |
| Hyperliquid WIFshort | +0.185% | +0.0100% | 1h | $6.0M | $2.2M | 5x | |
| HTX WIF-USDT | +0.220% | +0.0100% | 4h | $219K | $413K | 75x | as long as short |