After costs, if the gap returns to its 7d average, $10k−$54
spread now−0.041%7d average−0.023%fees + slippage, in and out−$52spread needed0.523%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit WIF_USDC-PERPETUAL | 0.2440 | 0 | get 0.0000% / 1h | 31m 50s | $47K | $290K | 25x |
| Short | Bybit WIFUSDT | 0.2439 | −0.0243 | pay 0.0122% / 4h | 1h 31m | $17.0M | $32.3M | 50x |
Deribit WIF_USDC-PERPETUAL
Bybit WIFUSDTPrice 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
- −$4.1
- Funding while held
- −$7.3
- Slippage, 4 orders
- −$34.3
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$63.7
- Spread needed to break even
- 0.523%
Slippage from Deribit: live order book, 39 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0243%
- Per $10,000 a day
- −$7.30
- 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 Deribit live order book, 39 min ago | 4.20 bp | 16.1 bp −$16 | 26.1 bp −$261 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.05 bp | 15.9 bp −$16 | 31.4 bp −$314 | 307.5 bp −$30.7K | doesn't fit |
WIF price on every exchange
against the cheapest. Click to use as the short leg.SunX0.2431cheapestHTX0.2434+0.123%Reya0.2436+0.210%Popdex0.2437+0.247%Backpack0.2438+0.280%GMX0.2438+0.288%KuCoin0.2438+0.288%Pacifica0.2439+0.325%gTrade (Gains Network)0.2439+0.327%
SunX
HTX
Reya
Popdex
Backpack
GMX
KuCoin
Pacifica
gTrade (Gains Network)Bybit0.2439+0.329%
Gate0.2439+0.329%SoDEX0.2440+0.350%Lighter0.2440+0.366%Aster0.2440+0.370%BingX0.2440+0.370%ApeX Omni0.2440+0.370%Orderly0.2440+0.370%
Gate
SoDEX
Lighter
Aster
BingX
ApeX Omni
OrderlyDeribit0.2440+0.370%
BloFin0.2440+0.370%dYdX0.2440+0.373%Aevo0.2441+0.395%MEXC0.2441+0.411%Binance0.2441+0.423%OKX0.2442+0.452%Coinbase International0.2442+0.452%Kraken Futures0.2442+0.468%Hyperliquid0.2443+0.477%Extended0.2443+0.490%Bitget0.2443+0.494%Injective0.2445+0.576%Variational Omni0.2448+0.682%
BloFin
dYdX
Aevo
MEXC
Binance
OKX
Coinbase International
Kraken Futures
Hyperliquid
Extended
Bitget
Injective
Variational OmniWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX WIF-USDT | −0.369% | +0.0100% | 4h | $2K | $2.7M | 50x | as long as short |
| HTX WIF-USDT | −0.246% | +0.0100% | 4h | $171K | $694K | 75x | as long as short |
| Reya WIFRUSDPERP | −0.160% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Popdex WIFUSDT | −0.123% | +0.0096% | 1h | $54K | $482K | 20x | as long as short |
| Backpack WIF_USDC_PERP | −0.090% | −0.0393% | 1h | $74K | $233K | 10x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | −0.082% | L +0.0039% / S +0.0049% | 1h | $4K | — | 100x | as long as short |
| KuCoin WIFUSDTM | −0.082% | +0.0100% | 4h | $4.2M | $10.4M | 75x | as long as short |
| Pacifica WIF | −0.045% | +0.0100% | 1h | $75K | $43K | 5x | as long as short |
| gTrade (Gains Network) WIF/USD | −0.043% | L +0.0002% / S −0.0002% | 1h | $4K | — | 150x | as long as short |
| Bybit WIFUSDTshort | −0.041% | −0.0243% | 4h | $17.0M | $32.3M | 50x |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate WIF_USDT | −0.041% | −0.0042% | 4h | $1.2M | $6.6M | 50x | as long as short |
| SoDEX WIF-USD | −0.020% | +0.0100% | 1h | $548 | $5K | 5x | as long as short |
| Lighter WIF | −0.004% | +0.0096% | 1h | $143K | $464K | 10x | as long as short |
| Aster WIFUSDT | 0.000% | −0.0065% | 4h | $20K | $235K | 10x | as long as short |
| BingX WIF-USDT | 0.000% | +0.0100% | 4h | — | $64.3M | — | as long as short |
| ApeX Omni WIFUSDT | 0.000% | +0.0100% | 1h | $46K | $608K | 25x | as long as short |
| Orderly PERP_WIF_USDC | 0.000% | +0.0077% | 4h | $5K | $1.3M | 10x | as long as short |
| Deribit WIF_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $47K | $290K | 25x | |
| BloFin WIF-USDT | 0.000% | +0.0340% | 4h | $1.0M | $677K | 75x | as long as short |
| dYdX WIF-USD | +0.003% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |
| Aevo WIF-PERP | +0.025% | +0.0104% | 1h | $81K | $85 | 3x | as long as short |
| MEXC WIF_USDT | +0.041% | +0.0100% | 4h | $22.9M | $10.0M | 50x | as long as short |
| Binance WIFUSDT | +0.053% | +0.0100% | 4h | $18.7M | $90.2M | 75x | as long as short |
| OKX WIF-USDT-SWAP | +0.082% | +0.0100% | 4h | $6.2M | $28.8M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.082% | +0.0288% | 1h | $318K | $2.2M | 50x | as long as short |
| Kraken Futures PF_WIFUSD | +0.097% | +0.0342% | 1h | $640K | $1.9M | 50x | as long as short |
| Hyperliquid WIF | +0.107% | +0.0100% | 1h | $7.2M | $3.4M | 5x | as long as short |
| Extended WIF-USD | +0.120% | +0.0104% | 1h | $12K | $148K | 25x | as long as short |
| Bitget WIFUSDT | +0.123% | +0.0100% | 4h | $7.5M | $10.7M | 50x | as long as short |
| Injective WIF/USDC PERP | +0.205% | +0.1452% | 1h | $11K | $59K | 12x | as long as short |
| Variational Omni WIF | +0.311% | −0.0285% | 4h | $70K | $47K | — | as long as short |