Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.006%

Price spread now: SunX against Extended−0.111%7-day average −0.163% · you buy dearer than you sell

Net, funding: paid 7d − costs−$193as in the Funding arb table

Net, price: spread back to 7d avg − costs−$192as in the Price arb table

costs, in and out, $10k−$1971.969% of the position

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.111%, 7d avg −0.163%

Together, before fees+0.061%+ Points / potential airdropExtended: Active · farm board+$6 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: SunX is 0.052% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.163%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WIF-USD	0.2533	0.0104	pay 0.0013% / 1h	20m 46s	$12K	$124K	25x
Short	SunX WIF-USDT	0.2530	0.0100	get 0.0050% / 4h	3h 20m	$1K	$2.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.111%Rate

Funding earned: −$0.84
Price spread: −0.111% → −0.163%: $5.19
Slippage, 4 orders: −$183.91
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$192.56
Costs to cover: 1.969%
Break-even: never at this rate

Slippage from Extended: live order book, 30 min ago; SunX: 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, 30 min ago	7.80 bp	19.2 bp −$19	108.5 bp −$1,085	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	33.25 bp	64.0 bp −$64	doesn't fit	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	−0.0195%	4h	0.2538	+0.205%	$1.1M	$905K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2538	+0.188%	$14K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2537	+0.165%	—	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2555	+0.876%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2538	+0.213%	$145K	$652K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2540	+0.284%	$53K	$563K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2535	+0.083%	$44K	$310K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2537	+0.150%	$78K	$65K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2535	+0.074%	$20.1M	$129.2M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2533	+0.019%	$17.4M	$42.9M	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	0.2534	+0.047%	$6.1M	$38.9M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2534	+0.047%	$1.2M	$8.3M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2533	+0.007%	$23.5M	$11.6M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2534	+0.047%	$4.3M	$15.3M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2534	+0.047%	$7.8M	$14.5M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2534	+0.047%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2532	−0.028%	$76K	$306K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2535	+0.088%	$87K	$145K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2546	+0.510%	$292K	$2.6M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2532	−0.032%	$46K	$626K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2536	+0.126%	$5K	$1.2M	10x	as long as short
SunX WIF-USDTshort	+0.0100%	4h	0.2530	−0.111%	$1K	$2.9M	50x
SoDEX WIF-USD	+0.0100%	1h	0.2535	+0.086%	$592	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2535	+0.086%	$167K	$736K	75x	as long as short
Extended WIF-USDlong	+0.0104%	1h	0.2533	long leg	$12K	$124K	25x
Aevo WIF-PERP	+0.0104%	1h	0.2536	+0.124%	$85K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0113% / S +0.0020%	1h	0.2536	+0.125%	$9K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0144%	1h	0.2537	+0.165%	$39K	$263K	25x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2537	+0.165%	$337K	$3.0M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0363%	1h	0.2536	+0.131%	$662K	$2.4M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2538	+0.207%	$1	—	15x	as long as short
Hyperliquid WIF	+0.0602%	1h	0.2541	+0.323%	$8.5M	$5.2M	5x	as long as short