Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: Binance against HTX+0.135%53s7-day average −0.554% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1371.374% of the position

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.228%−$23 on $10k

Price spread, last 3 days (all we have)−0.574%−$57 · spread now +0.135%, 7d avg −0.554%

Together, before fees−0.802%−$80 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: Binance is 0.688% dearer against HTX than usual: you sell high and buy low, +$69 on $10k if it goes back to its 7-day average of −0.554%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WIF-USDT	0.2398	0.0100	pay 0.0050% / 4h	1h 26m	$166K	$718K	75x
Short	Binance WIFUSDT	0.2401	0.0100	get 0.0050% / 4h	1h 26m	$17.8M	$100.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.135%Rate

Funding earned: $0
Price spread: +0.135% → −0.554%: $68.83
Slippage, 4 orders: −$115.38
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$68.55
Costs to cover: 1.374%
Break-even: never at this rate

Slippage from HTX: live order book, 57 min ago; Binance: live order book, 1 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, 57 min ago	10.50 bp	33.0 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	2.09 bp	11.2 bp −$11	23.6 bp −$236	94.0 bp −$9,402	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
Backpack WIF_USDC_PERP	−0.0305%	1h	0.2401	+0.133%	$74K	$246K	10x	as long as short
KuCoin WIFUSDTM	−0.0064%	4h	0.2401	+0.125%	$4.1M	$11.5M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2400	+0.066%	$18K	$582	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2403	+0.209%	$47K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2403	+0.191%	$15K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−0.125%	$10K	$10K	12x	as long as short
Orderly PERP_WIF_USDC	+0.0092%	4h	0.2402	+0.167%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2401	+0.121%	$135K	$549K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2402	+0.167%	$53K	$483K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2405	+0.304%	$7.5M	$4.0M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2401	+0.129%	$25K	$255K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2401	+0.126%	$76K	$50K	5x	as long as short
Binance WIFUSDTshort	+0.0100%	4h	0.2401	+0.135%	$17.8M	$100.9M	75x
Bybit WIFUSDT	+0.0100%	4h	0.2401	+0.125%	$16.7M	$35.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2402	+0.167%	$6.0M	$31.1M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2402	+0.167%	$1.2M	$7.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2400	+0.083%	$21.4M	$10.7M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2402	+0.167%	$7.4M	$11.7M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2402	+0.167%	—	$65.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2396	−0.096%	$71K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2400	+0.083%	$266K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2397	−0.042%	$42K	$617K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2396	−0.083%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2402	+0.146%	$550	$5K	5x	as long as short
HTX WIF-USDTlong	+0.0100%	4h	0.2398	long leg	$166K	$718K	75x
Extended WIF-USD	+0.0104%	1h	0.2399	+0.024%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2405	+0.291%	$80K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0214% / S −0.1199%	1h	0.2402	+0.180%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2405	+0.292%	$317K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2404	+0.250%	$984K	$706K	75x	as long as short
Kraken Futures PF_WIFUSD	+0.0376%	1h	0.2404	+0.265%	$629K	$2.2M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2401	+0.112%	$0	—	15x	as long as short