Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h +0.018%

Price spread now: Gate against gTrade (Gains Network)+0.012%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Gate

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WIF/USD	0.2371	L +0.0002% / S −0.0002%	pay 0.0000% / 1h	59m 05s	$14K	—	150x
Short	Gate WIF_USDT	0.2371	0.0088	get 0.0044% / 4h	1h 59m	$1.2M	$6.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee GatebpOrdersPrice spread, now +0.012%Rate

Funding earned: $18.05
Price spread: +0.012% → 0.000%: $1.22
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$5.73
Costs to cover: 0.250%
Break-even: 9.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: live order book, 4 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Gate live order book, 4 min ago	4.23 bp	28.7 bp −$29	136.8 bp −$1,368	275.5 bp −$27.6K	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit WIF_USDC-PERPETUAL	−0.0172%	1h	0.2371	+0.012%	$47K	$289K	25x	as long as short
KuCoin WIFUSDTM	−0.0158%	4h	0.2368	−0.114%	$4.2M	$11.2M	75x	as long as short
Backpack WIF_USDC_PERP	−0.0105%	1h	0.2371	+0.025%	$74K	$235K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2366	−0.209%	$18K	$582	10x	as long as short
gTrade (Gains Network) WIF/USDlong	L +0.0002% / S −0.0002%	1h	0.2371	long leg	$14K	—	150x
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	+1.025%	$10K	$10K	12x	as long as short
Variational Omni WIF	+0.0054%	4h	0.2364	−0.265%	$67K	$65K	—	as long as short
Aster WIFUSDT	+0.0073%	4h	0.2372	+0.074%	$24K	$255K	10x	as long as short
Gate WIF_USDTshort	+0.0088%	4h	0.2371	+0.012%	$1.2M	$6.9M	50x
Orderly PERP_WIF_USDC	+0.0091%	4h	0.2370	−0.030%	$5K	$1.3M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter WIF	+0.0096%	1h	0.2371	+0.008%	$131K	$541K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2370	−0.030%	$52K	$482K	20x	as long as short
Pacifica WIF	+0.0100%	1h	0.2365	−0.240%	$75K	$48K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2373	+0.079%	$17.6M	$99.5M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2372	+0.038%	$16.6M	$34.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2370	−0.030%	$6.1M	$30.2M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2372	+0.054%	$21.2M	$10.6M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2373	+0.097%	$7.2M	$11.6M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2367	−0.156%	—	$2.3M	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2366	−0.199%	$272K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2366	−0.199%	$42K	$618K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2361	−0.410%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2371	−0.009%	$543	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2362	−0.367%	$163K	$719K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2370	−0.023%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2371	−0.009%	$79K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0174% / S −0.0919%	1h	0.2371	+0.016%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2372	+0.054%	$311K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2371	+0.012%	$972K	$690K	75x	as long as short
Hyperliquid WIF	+0.0359%	1h	0.2376	+0.202%	$7.4M	$4.0M	5x	as long as short
Kraken Futures PF_WIFUSD	+0.0383%	1h	0.2359	−0.502%	$624K	$2.1M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2370	−0.014%	$0	—	15x	as long as short