WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.100%

Price spread now: Deribit against Extended+0.049%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$530.533% of the position

Long on Extended Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.678%−$68 on $10k

Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.049%, 7d avg +0.016%

Together, before fees−0.581%+ Points / potential airdropExtended: Active · farm board−$58 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.032% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.016%. Mind the row above: over the last 7 days funding on this pair cost −0.678%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WIF-USD	0.2552	0.0104	pay 0.0013% / 1h	26m 11s	$12K	$145K	25x
Short	Deribit WIF_USDC-PERPETUAL	0.2553	0.0142	get 0.0018% / 1h	26m 11s	$40K	$263K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.049%Rate

Funding earned: $7.95
Price spread: +0.049% → +0.016%: $3.24
Slippage, 4 orders: −$41.26
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$42.08
Costs to cover: 0.533%
Break-even: 44.1 days

Slippage from Extended: live order book, 25 min ago; Deribit: live order book, 27 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, 25 min ago	7.80 bp	19.2 bp −$19	108.5 bp −$1,085	doesn't fit	doesn't fit
Sell Deribit live order book, 27 min ago	3.91 bp	7.4 bp −$7	21.5 bp −$215	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	+0.245%	$1.1M	$908K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2555	+0.108%	$14K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2552	+0.020%	—	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2555	+0.127%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2557	+0.194%	$146K	$652K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2552	+0.009%	$52K	$563K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2557	+0.205%	$45K	$310K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2554	+0.102%	$79K	$65K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2557	+0.190%	$20.4M	$128.0M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2559	+0.284%	$17.6M	$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	0.2560	+0.323%	$6.2M	$39.1M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2560	+0.323%	$1.2M	$8.3M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2559	+0.284%	$23.8M	$11.6M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2552	+0.009%	$4.3M	$15.2M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2562	+0.401%	$7.9M	$14.4M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2557	+0.205%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2557	+0.205%	$78K	$304K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2573	+0.834%	$97K	$136K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2568	+0.636%	$294K	$2.5M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2578	+1.028%	$47K	$624K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2553	+0.049%	$5K	$1.2M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2549	−0.108%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2553	+0.049%	$598	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2549	−0.108%	$169K	$735K	75x	as long as short
Extended WIF-USDlong	+0.0104%	1h	0.2552	long leg	$12K	$145K	25x
Aevo WIF-PERP	+0.0104%	1h	0.2553	+0.045%	$85K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0115% / S +0.0019%	1h	0.2552	+0.018%	$9K	—	100x	as long as short
Deribit WIF_USDC-PERPETUALshort	+0.0142%	1h	0.2553	+0.049%	$40K	$263K	25x
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2554	+0.088%	$363K	$3.0M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0360%	1h	0.2554	+0.104%	$665K	$2.4M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2551	−0.048%	$1	—	15x	as long as short
Hyperliquid WIF	+0.0574%	1h	0.2568	+0.629%	$8.5M	$5.2M	5x	as long as short