Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.17 per $10,000 · paid last 24h −0.077%
Price spread now: Deribit against gTrade (Gains Network)+0.065%7-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 +$4 a day on $10k at the current rate, and Deribit is 0.065% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) WIF/USD0.2569L +0.0002% / S −0.0001%pay 0.0000% / 1h44m 45s150x
ShortDeribit WIF_USDC-PERPETUAL0.25710.0139get 0.0017% / 1h44m 45s$46K$256K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$28.9
Price spread: +0.065% → 0.000%
$6.5
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$18.4
Costs to cover
0.170%
Break-even
2.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: live order book, 9 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 Deribit live order book, 9 min ago3.91 bp7.4 bp −$721.5 bp −$215doesn'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
BloFin WIF-USDT−0.0215%4h0.2569−0.013%$1.0M$908K75xas long as short
dYdX WIF-USD0.0000%1h0.2569−0.031%$14K$59710xas long as short
gTrade (Gains Network) WIF/USDlongL +0.0002% / S −0.0001%1h0.2569long leg150x
Injective WIF/USDC PERP+0.0033%1h0.2542−1.064%$11K$10K12xas long as short
Lighter WIF+0.0096%1h0.2571+0.061%$148K$638K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2568−0.052%$52K$556K20xas long as short
Aster WIFUSDT+0.0100%4h0.2569−0.030%$45K$303K10xas long as short
Pacifica WIF+0.0100%1h0.2568−0.055%$79K$63K5xas long as short
Binance WIFUSDT+0.0100%4h0.2568−0.052%$20.1M$124.9M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2566−0.114%$17.6M$42.0M50xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX WIF-USDT-SWAP+0.0100%4h0.2565−0.169%$6.2M$38.6M50xas long as short
Gate WIF_USDT+0.0100%4h0.2567−0.091%$1.2M$8.1M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2567−0.091%$23.7M$11.5M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2565−0.169%$4.5M$15.0M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2570+0.026%$7.8M$14.0M50xas long as short
BingX WIF-USDT+0.0100%4h0.2567−0.091%$23.6Mas long as short
Backpack WIF_USDC_PERP+0.0100%1h0.2568−0.067%$79K$302K10xas long as short
Variational Omni WIF+0.0100%4h0.2571+0.067%$99K$90Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2556−0.507%$285K$2.5M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2573+0.143%$47K$623K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2571+0.065%$5K$1.3M10xas long as short
SunX WIF-USDT+0.0100%4h0.2566−0.130%$2K$2.9M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2570+0.026%$601$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2569−0.013%$171K$713K75xas long as short
Extended WIF-USD+0.0104%1h0.2566−0.148%$10K$149K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2570+0.038%$86K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0121% / S −0.0004%1h0.2570+0.019%$8K100xas long as short
Deribit WIF_USDC-PERPETUALshort+0.0139%1h0.2571+0.065%$46K$256K25x
Coinbase International WIF-PERP-INTX+0.0352%1h0.2570+0.026%$350K$3.0M50xas long as short
Kraken Futures PF_WIFUSD+0.0357%1h0.2572+0.102%$668K$2.3M50xas long as short
Hyperliquid WIF+0.0385%1h0.2573+0.147%$8.4M$5.0M5xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2568−0.049%$115xas long as short