Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.006%

Price spread now: HTX against Extended+0.252%7-day average +0.555% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$149as in the Price arb table

costs, in and out, $10k−$1181.183% of the position

Long on Extended Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.221%+$22 on $10k

Price spread, last 3 days (all we have)+0.219%+$22 · spread now +0.252%, 7d avg +0.555%

Together, before fees+0.440%+ Points / potential airdropExtended: Active · farm board+$44 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.303% cheaper against Extended than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.555%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WIF-USD	0.2438	0.0104	pay 0.0013% / 1h	1m 18s	$9K	$155K	25x
Short	HTX WIF-USDT	0.2444	0.0100	get 0.0050% / 4h	3h 01m	$167K	$746K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.252%Rate

Funding earned: −$0.84
Price spread: +0.252% → +0.555%: −$30.32
Slippage, 4 orders: −$101.27
Fee Extended: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$149.44
Costs to cover: 1.183%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; HTX: live order book, 7 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, 5 min ago	8.07 bp	19.5 bp −$20	113.9 bp −$1,139	doesn't fit	doesn't fit
Sell HTX live order book, 7 min ago	10.14 bp	46.7 bp −$47	192.0 bp −$1,920	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
Gate WIF_USDT	−0.0190%	4h	0.2445	+0.293%	$1.2M	$7.4M	50x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0160%	1h	0.2438	+0.005%	$48K	$289K	25x	as long as short
Backpack WIF_USDC_PERP	−0.0130%	1h	0.2449	+0.436%	$73K	$259K	10x	as long as short
KuCoin WIFUSDTM	−0.0068%	4h	0.2444	+0.252%	$4.5M	$12.7M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2449	+0.440%	$18K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2440	+0.105%	$790	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	+1.318%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0040%	1h	0.2440	+0.080%	$637K	$2.3M	50x	as long as short
Lighter WIF	+0.0096%	1h	0.2441	+0.116%	$145K	$597K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2449	+0.457%	$55K	$496K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_WIF_USDC	+0.0099%	4h	0.2439	+0.047%	$5K	$1.3M	10x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2448	+0.435%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2449	+0.458%	$76K	$52K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2440	+0.088%	$18.4M	$109.9M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2438	+0.001%	$16.7M	$37.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2438	+0.005%	$5.8M	$33.7M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2444	+0.252%	$22.2M	$11.2M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2439	+0.047%	$7.4M	$12.3M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2443	+0.211%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2442	+0.173%	$72K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2469	+1.269%	$280K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2461	+0.949%	$42K	$632K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2434	−0.159%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2439	+0.026%	$553	$5K	5x	as long as short
HTX WIF-USDTshort	+0.0100%	4h	0.2444	+0.252%	$167K	$746K	75x
Extended WIF-USDlong	+0.0104%	1h	0.2438	long leg	$9K	$155K	25x
Aevo WIF-PERP	+0.0104%	1h	0.2438	−0.008%	$81K	$85	3x	as long as short
Hyperliquid WIF	+0.0172%	1h	0.2450	+0.485%	$7.9M	$4.5M	5x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0184% / S −0.0046%	1h	0.2444	+0.239%	$8K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2443	+0.211%	$320K	$2.5M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2441	+0.129%	$1.0M	$695K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2445	+0.297%	$0	—	15x	as long as short