WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0288%/8h= +31.5% APRnext payment +$1.44 per $10,000 · paid last 24h −0.015%

Price spread now: Bybit against Gate−0.040%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$770.771% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 7 days+0.013%+$1 · spread now −0.040%, 7d avg −0.027%

Together, before fees−0.025%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.038% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.44 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate WIF_USDT	0.2479	−0.0188	get 0.0094% / 4h	3h 09m	$1.3M	$7.2M	50x
Short	Bybit WIFUSDT	0.2478	0.0100	get 0.0050% / 4h	3h 09m	$17.0M	$37.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now −0.040%Rate

Funding earned: $60.48
Price spread: −0.040% → −0.027%: −$1.36
Slippage, 4 orders: −$51.06
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$17.95
Costs to cover: 0.771%
Break-even: 9.1 days

Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 4 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 Gate live order book, 4 min ago	4.01 bp	25.6 bp −$26	47.8 bp −$478	74.0 bp −$7,397	doesn't fit
Sell Bybit live order book, 4 min ago	2.00 bp	11.9 bp −$12	27.5 bp −$275	207.6 bp −$20.8K	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
Deribit WIF_USDC-PERPETUAL	−0.0557%	1h	0.2475	−0.161%	$49K	$289K	25x	as long as short
Gate WIF_USDTlong	−0.0188%	4h	0.2479	long leg	$1.3M	$7.2M	50x
Backpack WIF_USDC_PERP	−0.0161%	1h	0.2473	−0.246%	$73K	$256K	10x	as long as short
KuCoin WIFUSDTM	−0.0070%	4h	0.2477	−0.081%	$5.1M	$12.3M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2475	−0.176%	$19K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2483	+0.180%	$12K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−0.363%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0039%	1h	0.2475	−0.161%	$646K	$2.3M	50x	as long as short
Lighter WIF	+0.0096%	1h	0.2480	+0.061%	$147K	$595K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2488	+0.363%	$56K	$497K	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	+0.0098%	4h	0.2476	−0.121%	$5K	$1.3M	10x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2481	+0.101%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2490	+0.443%	$77K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2477	−0.097%	$19.0M	$108.6M	75x	as long as short
Bybit WIFUSDTshort	+0.0100%	4h	0.2478	−0.040%	$17.0M	$37.3M	50x
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2481	+0.081%	$5.9M	$33.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2479	0.000%	$22.5M	$11.1M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2480	+0.040%	$7.5M	$12.2M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2476	−0.121%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2487	+0.326%	$74K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2496	+0.685%	$283K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2511	+1.291%	$43K	$631K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2472	−0.282%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2474	−0.202%	$561	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2466	−0.524%	$170K	$745K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2478	−0.052%	$10K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2474	−0.196%	$83K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0187% / S −0.0048%	1h	0.2483	+0.171%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0204%	1h	0.2485	+0.242%	$8.0M	$4.2M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2480	+0.040%	$334K	$2.5M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2489	+0.403%	$1.0M	$703K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2484	+0.186%	$0	—	15x	as long as short