WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h +0.009%

Price spread now: KuCoin against Bybit−0.008%7-day average +0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$700.705% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 7 days+0.144%+$14 · spread now −0.008%, 7d avg +0.030%

Together, before fees+0.157%+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.038% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.030%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WIFUSDT	0.2431	0.0100	pay 0.0050% / 4h	41m 25s	$16.7M	$35.9M	50x
Short	KuCoin WIFUSDTM	0.2431	0.0036	get 0.0018% / 4h	41m 25s	$4.3M	$11.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$13.44
Price spread: −0.008% → +0.030%: −$3.78
Slippage, 4 orders: −$47.47
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$87.7
Costs to cover: 0.705%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; KuCoin: 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 Bybit live order book, 2 min ago	2.05 bp	10.3 bp −$10	27.1 bp −$271	278.4 bp −$27.8K	doesn't fit
Sell KuCoin live order book, 2 min ago	2.06 bp	20.2 bp −$20	52.2 bp −$522	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
Backpack WIF_USDC_PERP	−0.0401%	1h	0.2429	−0.107%	$72K	$249K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0162%	1h	0.2429	−0.090%	$48K	$289K	25x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2433	+0.056%	$18K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2433	+0.057%	$15K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−1.489%	$10K	$10K	12x	as long as short
KuCoin WIFUSDTMshort	+0.0036%	4h	0.2431	−0.008%	$4.3M	$11.4M	75x
Orderly PERP_WIF_USDC	+0.0093%	4h	0.2435	+0.156%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2432	+0.045%	$136K	$568K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2432	+0.033%	$54K	$484K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2437	+0.218%	$7.6M	$4.0M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2433	+0.075%	$24K	$256K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2432	+0.034%	$75K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2432	+0.043%	$18.1M	$103.2M	75x	as long as short
Bybit WIFUSDTlong	+0.0100%	4h	0.2431	long leg	$16.7M	$35.9M	50x
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2435	+0.156%	$6.0M	$32.0M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2432	+0.033%	$1.2M	$7.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2433	+0.074%	$22.1M	$10.8M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2433	+0.074%	$7.5M	$11.8M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2431	−0.008%	—	$65.7M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2452	+0.864%	$72K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2435	+0.156%	$276K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2448	+0.691%	$43K	$621K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2428	−0.132%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2430	−0.062%	$556	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2430	−0.049%	$168K	$739K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2431	−0.006%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2435	+0.146%	$81K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2433	+0.076%	$6K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2431	−0.008%	$321K	$2.4M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0321%	1h	0.2432	+0.034%	$635K	$2.2M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2433	+0.074%	$988K	$724K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2432	+0.041%	$0	—	15x	as long as short