Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.075%
Price spread now: Extended against Deribit+0.115%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$700.704% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.651%+$65 on $10k
Price spread, last 4 days (all we have)−0.360%−$36 · spread now +0.115%, 7d avg −0.016%
Together, before fees+0.291%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.131% dearer against Deribit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit WIF_USDC-PERPETUAL0.24860get 0.0000% / 1h31m 30s$33K$274K25x
ShortExtended WIF-USD0.24890.0104get 0.0013% / 1h31m 30s$12K$213K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Deribit. 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

Funding earned
$21.84
Price spread: +0.115% → −0.016%
$13.1
Slippage, 4 orders
−$58.41
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$35.47
Costs to cover
0.704%
Break-even
18.4 days
Slippage from Deribit: live order book, 2 min ago; Extended: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 2 min ago4.00 bp19.5 bp −$1930.4 bp −$304doesn't fitdoesn't fit
Sell Extended live order book, 64 min ago9.93 bp21.7 bp −$22103.1 bp −$1,031doesn't fitdoesn't fit

WIF on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate WIF_USDT−0.0410%4h0.2488+0.080%$1.3M$11.5M50xas long as short
GMX WIF/USD [WBTC.b-USDC]L −0.0404% / S +0.0321%1h0.2485−0.045%$19K100xas long as short
BloFin WIF-USDT−0.0140%4h0.2499+0.523%$1.0M$1.0M75xas long as short
dYdX WIF-USD0.0000%1h0.2490+0.142%$14K$58710xas long as short
Deribit WIF_USDC-PERPETUALlong0.0000%1h0.2486long leg$33K$274K25x
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2484−0.066%$4K150xas long as short
Orderly PERP_WIF_USDC+0.0094%4h0.24860.000%$6K$1.1M10xas long as short
Lighter WIF+0.0096%1h0.2493+0.286%$144K$834K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2490+0.161%$54K$580K20xas long as short
Hyperliquid WIF+0.0100%1h0.2488+0.068%$10.0M$9.2M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WIFUSDT+0.0100%4h0.2489+0.112%$40K$411K10xas long as short
Pacifica WIF+0.0100%1h0.2490+0.141%$77K$88K5xas long as short
Binance WIFUSDT+0.0100%4h0.2490+0.160%$19.7M$166.5M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2489+0.121%$17.4M$56.0M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.24860.000%$5.8M$48.3M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2491+0.201%$24.0M$15.4M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2491+0.201%$3.9M$18.1M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2488+0.080%$7.6M$18.3M50xas long as short
BingX WIF-USDT+0.0100%4h0.2491+0.201%$27.5Mas long as short
Backpack WIF_USDC_PERP+0.0100%1h0.2484−0.088%$80K$355K10xas long as short
Variational Omni WIF+0.0100%4h0.2497+0.446%$76K$368Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2504+0.724%$278K$3.0M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2500+0.563%$35K$654K25xas long as short
SunX WIF-USDT+0.0100%4h0.2482−0.161%$2K$3.3M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2486+0.004%$577$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2488+0.080%$153K$943K75xas long as short
Extended WIF-USDshort+0.0104%1h0.2489+0.115%$12K$213K25x
Aevo WIF-PERP+0.0104%1h0.2476−0.421%$83K3xas long as short
Coinbase International WIF-PERP-INTX+0.0312%1h0.2485−0.040%$361K$3.9M50xas long as short
Injective WIF/USDC PERP+0.0323%1h0.2509+0.925%$10K$28K12xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2487+0.035%$015xas long as short
Kraken Futures PF_WIFUSD+0.0744%1h0.2488+0.070%$641K$3.0M50xas long as short