Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%

Price spread now: ApeX Omni against HTX−0.516%7-day average −0.479% · you buy dearer than you sell

Net, funding: paid 7d − costs−$194as in the Funding arb table

Net, price: spread back to 7d avg − costs−$178as in the Price arb table

costs, in and out, $10k−$1741.744% of the position

Long on HTX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.196%−$20 on $10k

Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.516%, 7d avg −0.479%

Together, before fees−0.112%−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.037% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.479%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WIF-USDT	0.2518	0.0100	pay 0.0050% / 4h	3h 25m	$154K	$948K	75x
Short	ApeX Omni WIFUSDT	0.2505	0.0100	get 0.0013% / 1h	25m 06s	$35K	$653K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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 HTXbpFee ApeX OmnibpOrdersPrice spread, now −0.516%Rate

Funding earned: $0
Price spread: −0.516% → −0.479%: −$3.73
Slippage, 4 orders: −$152.43
Fee HTX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$178.16
Costs to cover: 1.744%
Break-even: never at this rate

Slippage from HTX: live order book, 9 min ago; ApeX Omni: live order book, 8 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 HTX live order book, 9 min ago	12.01 bp	46.5 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 8 min ago	12.01 bp	21.1 bp −$21	115.8 bp −$1,158	doesn't fit	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
GMX WIF/USD [WBTC.b-USDC]	L −0.0441% / S +0.0329%	1h	0.2523	+0.187%	$20K	—	100x	as long as short
Gate WIF_USDT	−0.0300%	4h	0.2525	+0.278%	$1.3M	$11.6M	50x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2527	+0.357%	$1.0M	$1.0M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2517	−0.020%	$14K	$587	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2523	+0.199%	$4K	—	150x	as long as short
Orderly PERP_WIF_USDC	+0.0095%	4h	0.2524	+0.238%	$6K	$1.1M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2528	+0.393%	$146K	$834K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2525	+0.278%	$55K	$580K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2525	+0.278%	$10.1M	$9.2M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2525	+0.263%	$41K	$409K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WIF	+0.0100%	1h	0.2517	−0.025%	$78K	$90K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2526	+0.318%	$20.1M	$166.7M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2525	+0.278%	$17.5M	$56.0M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2525	+0.278%	$5.9M	$49.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2525	+0.278%	$24.2M	$15.5M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2525	+0.278%	$3.9M	$18.1M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2526	+0.318%	$7.7M	$18.3M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2514	−0.159%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2526	+0.330%	$82K	$354K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2501	−0.675%	$77K	$368K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2508	−0.405%	$277K	$3.1M	10x	as long as short
ApeX Omni WIFUSDTshort	+0.0100%	1h	0.2505	−0.516%	$35K	$653K	25x
SunX WIF-USDT	+0.0100%	4h	0.2522	+0.159%	$2K	$3.3M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2526	+0.318%	$585	$5K	5x	as long as short
HTX WIF-USDTlong	+0.0100%	4h	0.2518	long leg	$154K	$948K	75x
Extended WIF-USD	+0.0104%	1h	0.2523	+0.200%	$12K	$212K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2524	+0.232%	$84K	—	3x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0146%	1h	0.2525	+0.278%	$34K	$274K	25x	as long as short
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2529	+0.437%	$360K	$3.9M	50x	as long as short
Injective WIF/USDC PERP	+0.0323%	1h	0.2509	−0.357%	$10K	$28K	12x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2524	+0.221%	$1	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0732%	1h	0.2526	+0.335%	$647K	$3.0M	50x	as long as short