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+0.0286%/8h= +31.4% APRnext payment +$0.36 per $10,000 · paid last 24h +0.066%
Price spread now: Coinbase International against gTrade (Gains Network)+0.224%52s7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.224% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) WIF/USD0.2443L +0.0002% / S −0.0001%pay 0.0000% / 1h51m 19s$16K150x
ShortCoinbase International WIF-PERP-INTX0.24480.0288get 0.0036% / 1h51m 19s$332K$2.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). 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
$60.16
Price spread: +0.224% → 0.000%
$22.39
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$62.56
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 3 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 gTrade (Gains Network) no order-book sample
Sell Coinbase International live order book, 3 min ago6.14 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
gTrade (Gains Network): 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−0.0637%1h0.2443+0.015%$75K$250K10xas long as short
Deribit WIF_USDC-PERPETUAL−0.0159%1h0.2445+0.101%$48K$289K25xas long as short
ApeX Omni WIFUSDT−0.0032%1h0.2443+0.019%$43K$632K25xas long as short
Gate WIF_USDT−0.0012%4h0.2442−0.022%$1.2M$7.0M50xas long as short
KuCoin WIFUSDTM−0.0004%4h0.2439−0.145%$4.3M$11.9M75xas long as short
dYdX WIF-USD0.0000%1h0.2445+0.086%$18K$58910xas long as short
gTrade (Gains Network) WIF/USDlongL +0.0002% / S −0.0001%1h0.2443long leg$16K150x
Injective WIF/USDC PERP+0.0033%1h0.2395−1.946%$10K$10K12xas long as short
Kraken Futures PF_WIFUSD+0.0040%1h0.2445+0.083%$633K$2.2M50xas long as short
Orderly PERP_WIF_USDC+0.0094%4h0.2439−0.145%$5K$1.3M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter WIF+0.0096%1h0.2443+0.023%$144K$577K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2441−0.063%$54K$484K20xas long as short
Hyperliquid WIF+0.0100%1h0.2446+0.134%$7.7M$4.1M5xas long as short
Aster WIFUSDT+0.0100%4h0.2444+0.052%$24K$257K10xas long as short
Pacifica WIF+0.0100%1h0.2442−0.001%$76K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.2441−0.063%$18.4M$105.0M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2440−0.104%$16.8M$36.2M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2439−0.145%$6.0M$32.6M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2441−0.063%$22.0M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2440−0.104%$7.5M$11.8M50xas long as short
BingX WIF-USDT+0.0100%4h0.2441−0.063%$65.7Mas long as short
Variational Omni WIF+0.0100%4h0.2440−0.099%$72K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2445+0.100%$278K$1.9M10xas long as short
SunX WIF-USDT+0.0100%4h0.2445+0.101%$1K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2444+0.052%$559$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2447+0.183%$169K$746K75xas long as short
Extended WIF-USD+0.0104%1h0.2439−0.124%$11K$154K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2439−0.158%$81K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0191% / S −0.0138%1h0.2442−0.029%$6K100xas long as short
Coinbase International WIF-PERP-INTXshort+0.0288%1h0.2448+0.224%$332K$2.4M50x
BloFin WIF-USDT+0.0340%4h0.2447+0.183%$990K$738K75xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2440−0.109%$015xas long as short