WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0248%/8h= +27.2% APRnext payment +$0.31 per $10,000 · paid last 24h +0.046%

Price spread now: Coinbase International against Extended+0.460%7-day average +0.174% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$890.893% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.321%+$32 on $10k

Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.460%, 7d avg +0.174%

Together, before fees+0.211%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.286% dearer against Extended than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.174%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WIF-USD	0.2550	0.0104	pay 0.0013% / 1h	26m 26s	$12K	$145K	25x
Short	Coinbase International WIF-PERP-INTX	0.2562	0.0352	get 0.0044% / 1h	26m 26s	$348K	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now +0.460%Rate

Funding earned: $52.08
Price spread: +0.460% → +0.174%: $28.62
Slippage, 4 orders: −$74.35
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$8.65
Costs to cover: 0.893%
Break-even: 8.2 days

Slippage from Extended: live order book, 24 min ago; Coinbase International: 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 Extended live order book, 24 min ago	7.80 bp	19.2 bp −$19	108.5 bp −$1,085	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	9.74 bp	25.2 bp −$25	214.2 bp −$2,142	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
BloFin WIF-USDT	−0.0194%	4h	0.2558	+0.303%	$1.1M	$908K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2555	+0.167%	$14K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2559	+0.354%	—	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2555	+0.186%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2561	+0.433%	$147K	$652K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2552	+0.068%	$52K	$563K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2554	+0.133%	$44K	$310K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2554	+0.161%	$79K	$65K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2552	+0.068%	$20.3M	$127.9M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2550	−0.010%	$17.5M	$42.7M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2551	+0.029%	$6.2M	$38.9M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2552	+0.068%	$1.2M	$8.3M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2553	+0.107%	$23.5M	$11.6M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2558	+0.303%	$4.3M	$15.2M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2551	+0.029%	$7.8M	$14.4M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2552	+0.068%	—	$23.9M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2557	+0.268%	$78K	$304K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2573	+0.894%	$97K	$136K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2568	+0.696%	$294K	$2.5M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2578	+1.088%	$47K	$624K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2559	+0.343%	$5K	$1.2M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2556	+0.225%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2560	+0.402%	$600	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2553	+0.107%	$168K	$735K	75x	as long as short
Extended WIF-USDlong	+0.0104%	1h	0.2550	long leg	$12K	$145K	25x
Aevo WIF-PERP	+0.0104%	1h	0.2559	+0.342%	$85K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0115% / S +0.0004%	1h	0.2559	+0.358%	$9K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0141%	1h	0.2560	+0.382%	$40K	$263K	25x	as long as short
Coinbase International WIF-PERP-INTXshort	+0.0352%	1h	0.2562	+0.460%	$348K	$3.0M	50x
Kraken Futures PF_WIFUSD	+0.0359%	1h	0.2562	+0.450%	$666K	$2.4M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2551	+0.011%	$1	—	15x	as long as short
Hyperliquid WIF	+0.0563%	1h	0.2557	+0.249%	$8.5M	$5.2M	5x	as long as short