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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0321%/8h= +35.1% APRnext payment +$0.40 per $10,000 · paid last 24h −0.002%
Price spread now: Kraken Futures against dYdX−0.150%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.150% cheaper against dYdX than usual: you would sell low and buy high (spread −0.150% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 37 hours of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WIF-USD0.24360get 0.0000% / 1h42m 22s$18K$58910x
ShortKraken Futures PF_WIFUSD0.24320.0321get 0.0040% / 1h42m 22s$635K$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against dYdX. 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
$67.41
Price spread: −0.150% → 0.000%
−$14.98
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$32.43
Costs to cover
0.200%
Break-even
3.6 days
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Kraken Futures live order book, 1 min ago8.20 bp20.9 bp −$2140.5 bp −$405doesn't fitdoesn't fit
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Backpack WIF_USDC_PERP−0.0400%1h0.2433−0.098%$73K$249K10xas long as short
Deribit WIF_USDC-PERPETUAL−0.0162%1h0.2429−0.274%$48K$289K25xas long as short
dYdX WIF-USDlong0.0000%1h0.2436long leg$18K$58910x
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2431−0.210%$15K150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2395−1.670%$10K$10K12xas long as short
KuCoin WIFUSDTM+0.0036%4h0.2431−0.192%$4.4M$11.4M75xas long as short
Orderly PERP_WIF_USDC+0.0093%4h0.2429−0.274%$5K$1.3M10xas long as short
Lighter WIF+0.0096%1h0.2430−0.217%$136K$568K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2432−0.151%$54K$484K20xas long as short
Hyperliquid WIF+0.0100%1h0.2436+0.001%$7.6M$4.0M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WIFUSDT+0.0100%4h0.2431−0.181%$24K$256K10xas long as short
Pacifica WIF+0.0100%1h0.2436+0.007%$75K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.2430−0.233%$18.1M$103.2M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2429−0.274%$16.7M$35.9M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2428−0.315%$6.0M$31.9M50xas long as short
Gate WIF_USDT+0.0100%4h0.2430−0.233%$1.2M$7.0M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2432−0.151%$22.1M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2430−0.233%$7.5M$11.8M50xas long as short
BingX WIF-USDC+0.0100%4h0.2428−0.315%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2452+0.678%$72K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2445+0.399%$273K$1.8M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2448+0.506%$43K$621K25xas long as short
SunX WIF-USDT+0.0100%4h0.2428−0.315%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2430−0.246%$556$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2430−0.233%$168K$739K75xas long as short
Extended WIF-USD+0.0104%1h0.2429−0.292%$10K$153K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2429−0.254%$81K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0191% / S −0.0138%1h0.2429−0.258%$6K100xas long as short
Coinbase International WIF-PERP-INTX+0.0264%1h0.2431−0.192%$321K$2.4M50xas long as short
Kraken Futures PF_WIFUSDshort+0.0321%1h0.2432−0.150%$635K$2.2M50x
BloFin WIF-USDT+0.0340%4h0.2433−0.110%$988K$724K75xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2431−0.205%$015xas long as short