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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0009%/8h= +1.0% APRpaid last 24h +3.827%
Price spread now: BingX against GMX−0.013%7-day average · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WIF/USD [WBTC.b-USDC]0.2378L +0.0091% / S +0.0029%pay 0.0011% / 1h27m 59s$8K100x
ShortBingX WIF-USDT0.23780.0100get 0.0050% / 4h2h 27m$27.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$1.95
Price spread: −0.013% → 0.000%
−$1.3
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$21.36
Costs to cover
0.220%
Break-even
83.8 days
Slippage unknown: GMX: no order-book sample; BingX: live order book, 11 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 BingX live order book, 11 min ago4.19 bp11.1 bp −$1123.0 bp −$23077.7 bp −$7,772488.3 bp −$244.2K
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
BloFin WIF-USDT−0.0140%4h0.2381+0.113%$975K$888K75xas long as short
dYdX WIF-USD0.0000%1h0.2376−0.114%$13K$59710xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2379+0.029%$32K$274K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2379+0.044%150xas long as short
Backpack WIF_USDC_PERP+0.0015%1h0.2379+0.029%$73K$317K10xas long as short
GMX WIF/USD [WBTC.b-USDC]longL +0.0091% / S +0.0029%1h0.2378long leg$8K100x
Lighter WIF+0.0096%1h0.2382+0.151%$144K$668K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2379+0.029%$50K$570K20xas long as short
Hyperliquid WIF+0.0100%1h0.2382+0.143%$8.4M$6.2M5xas long as short
Aster WIFUSDT+0.0100%4h0.2380+0.079%$29K$330K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WIF+0.0100%1h0.2376−0.085%$75K$69K5xas long as short
Binance WIFUSDT+0.0100%4h0.2379+0.028%$18.4M$138.7M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2379+0.016%$16.1M$46.0M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2377−0.055%$5.4M$39.2M50xas long as short
Gate WIF_USDT+0.0100%4h0.2380+0.071%$1.1M$8.9M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2379+0.029%$21.4M$12.0M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2378−0.013%$3.9M$16.0M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2378−0.013%$7.2M$15.3M50xas long as short
BingX WIF-USDTshort+0.0100%4h0.2378−0.013%$27.1M
Variational Omni WIF+0.0100%4h0.2382+0.161%$87K$174Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2385+0.276%$263K$2.7M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2384+0.239%$44K$628K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2380+0.071%$4K$1.1M10xas long as short
SunX WIF-USDT+0.0100%4h0.2375−0.139%$2K$3.0M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2379+0.037%$549$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2378−0.013%$154K$829K75xas long as short
Extended WIF-USD+0.0104%1h0.2377−0.062%$8K$161K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2379+0.033%$79K$853xas long as short
Kraken Futures PF_WIFUSD+0.0251%1h0.2380+0.068%$617K$2.5M50xas long as short
Coinbase International WIF-PERP-INTX+0.0416%1h0.2386+0.323%$320K$3.0M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2378−0.007%$015xas long as short
Injective WIF/USDC PERP+0.0707%1h0.2398+0.828%$10K$10K12xas long as short