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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0225%/8h= +24.7% APRnext payment +$0.28 per $10,000 · paid last 24h +3.801%
Price spread now: ApeX Omni against GMX+0.365%68s7-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 +$7 a day on $10k at the current rate, and ApeX Omni is 0.365% dearer against GMX than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WIF/USD [WBTC.b-USDC]0.2503L −0.0125% / S +0.0265%get 0.0016% / 1h26m 02s$19K100x
ShortApeX Omni WIFUSDT0.25120.0100get 0.0013% / 1h26m 02s$45K$640K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
$47.31
Price spread: +0.365% → 0.000%
$36.52
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$61.83
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 12 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 GMX no order-book sample
Sell ApeX Omni live order book, 12 min ago9.91 bp20.0 bp −$20115.5 bp −$1,155doesn't fitdoesn't fit
GMX: 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
Injective WIF/USDC PERP−0.0161%1h0.2462−1.633%$10K$11K12xas long as short
BloFin WIF-USDT−0.0140%4h0.2514+0.445%$1.0M$953K75xas long as short
GMX WIF/USD [WBTC.b-USDC]longL −0.0125% / S +0.0265%1h0.2503long leg$19K100x
dYdX WIF-USD0.0000%1h0.2502−0.014%$14K$58710xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2504+0.046%$33K$273K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2503+0.021%150xas long as short
Backpack WIF_USDC_PERP+0.0077%1h0.2501−0.082%$75K$309K10xas long as short
Lighter WIF+0.0096%1h0.2506+0.109%$143K$706K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2507+0.165%$54K$576K20xas long as short
Hyperliquid WIF+0.0100%1h0.2505+0.086%$8.7M$6.9M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster WIFUSDT+0.0100%4h0.2504+0.037%$30K$351K10xas long as short
Pacifica WIF+0.0100%1h0.2509+0.260%$78K$74K5xas long as short
Binance WIFUSDT+0.0100%4h0.2504+0.046%$19.2M$148.8M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2502−0.034%$16.8M$48.8M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2503+0.006%$5.7M$43.5M50xas long as short
Gate WIF_USDT+0.0100%4h0.2502−0.034%$1.2M$9.4M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2504+0.046%$22.4M$12.5M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2503+0.006%$4.2M$17.0M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2504+0.046%$7.6M$16.2M50xas long as short
BingX WIF-USDC+0.0100%4h0.2501−0.074%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2513+0.407%$74K$193Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2509+0.263%$278K$2.9M10xas long as short
ApeX Omni WIFUSDTshort+0.0100%1h0.2512+0.365%$45K$640K25x
Orderly PERP_WIF_USDC+0.0100%4h0.2504+0.046%$6K$1.1M10xas long as short
SunX WIF-USDT+0.0100%4h0.2501−0.074%$2K$3.1M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2505+0.070%$577$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2501−0.074%$159K$912K75xas long as short
Extended WIF-USD+0.0104%1h0.2503−0.002%$12K$176K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2505+0.068%$84K$853xas long as short
Coinbase International WIF-PERP-INTX+0.0352%1h0.2506+0.125%$338K$3.4M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2500−0.133%$015xas long as short
Kraken Futures PF_WIFUSD+0.0809%1h0.2506+0.141%$651K$2.7M50xas long as short