WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0248%/8h= −27.2% APRnext payment −$0.31 per $10,000 · paid last 24h −0.047%

Price spread now: Extended against Coinbase International−0.046%7-day average −0.170% · you buy dearer than you sell

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$770.773% of the position

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.313%−$31 on $10k

Price spread, last 4 days (all we have)−0.213%−$21 · spread now −0.046%, 7d avg −0.170%

Together, before fees−0.526%+ Points / potential airdropExtended: Active · farm board−$53 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.124% dearer against Coinbase International than usual: you sell high and buy low (spread −0.046% now, against its 7-day average of −0.170%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 40 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WIF-PERP-INTX	0.2513	0.0352	pay 0.0044% / 1h	19m 18s	$333K	$3.4M	50x
Short	Extended WIF-USD	0.2512	0.0104	get 0.0013% / 1h	19m 18s	$10K	$181K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. 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 Coinbase InternationalbpFee ExtendedbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$52.08
Price spread: −0.046% → −0.170%: $12.41
Slippage, 4 orders: −$62.34
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$117.01
Costs to cover: 0.773%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; Extended: live order book, 16 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 Coinbase International live order book, 5 min ago	8.00 bp	17.0 bp −$17	29.8 bp −$298	doesn't fit	doesn't fit
Sell Extended live order book, 16 min ago	9.93 bp	21.7 bp −$22	103.1 bp −$1,031	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
Injective WIF/USDC PERP	−0.0161%	1h	0.2462	−2.029%	$10K	$11K	12x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L −0.0155% / S +0.0271%	1h	0.2503	−0.417%	$19K	—	100x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2499	−0.557%	$1.0M	$946K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2506	−0.296%	$14K	$587	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2512	−0.024%	$4K	—	150x	as long as short
Backpack WIF_USDC_PERP	+0.0038%	1h	0.2501	−0.458%	$75K	$309K	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2513	−0.004%	$144K	$711K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2514	+0.040%	$54K	$576K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2516	+0.115%	$8.7M	$6.9M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2512	−0.045%	$31K	$352K	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	0.2506	−0.282%	$78K	$74K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2512	−0.045%	$19.3M	$149.2M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2511	−0.072%	$16.8M	$49.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2511	−0.080%	$5.7M	$43.7M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2512	−0.040%	$1.2M	$9.4M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2513	0.000%	$22.5M	$12.5M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2513	0.000%	$4.2M	$17.1M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2513	0.000%	$7.6M	$16.3M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2512	−0.040%	—	$27.1M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2502	−0.435%	$74K	$193K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2497	−0.645%	$281K	$3.0M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2505	−0.318%	$45K	$641K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2514	+0.040%	$6K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2508	−0.199%	$1K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2512	−0.036%	$578	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2507	−0.239%	$159K	$910K	75x	as long as short
Extended WIF-USDshort	+0.0104%	1h	0.2512	−0.046%	$10K	$181K	25x
Aevo WIF-PERP	+0.0104%	1h	0.2513	+0.013%	$84K	$85	3x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0148%	1h	0.2514	+0.040%	$33K	$275K	25x	as long as short
Coinbase International WIF-PERP-INTXlong	+0.0352%	1h	0.2513	long leg	$333K	$3.4M	50x
Reya WIFRUSDPERP	+0.0558%	1h	0.2513	+0.004%	$1	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0806%	1h	0.2514	+0.038%	$659K	$2.7M	50x	as long as short