Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against HTX−0.081%7-day average −0.694% · you buy dearer than you sell

Net, funding: paid 7d − costs−$307as in the Funding arb table

Net, price: spread back to 7d avg − costs−$227as in the Price arb table

costs, in and out, $10k−$2882.885% of the position

Long on HTX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.181%−$18 on $10k

Price spread, last 4 days (all we have)−0.468%−$47 · spread now −0.081%, 7d avg −0.694%

Together, before fees−0.649%−$65 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: SunX is 0.613% dearer against HTX than usual: you sell high and buy low, +$61 on $10k if it goes back to its 7-day average of −0.694%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WIF-USDT	0.2480	0.0100	pay 0.0050% / 4h	17m 27s	$166K	$699K	75x
Short	SunX WIF-USDT	0.2478	0.0100	get 0.0050% / 4h	17m 27s	$2K	$2.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.081%Rate

Funding earned: $0
Price spread: −0.081% → −0.694%: $61.31
Slippage, 4 orders: −$268.45
Fee HTX: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$227.15
Costs to cover: 2.885%
Break-even: never at this rate

Slippage from HTX: live order book, 41 min ago; SunX: live order book, 10 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, 41 min ago	8.07 bp	69.5 bp −$69	433.0 bp −$4,330	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	34.08 bp	64.8 bp −$65	doesn't fit	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
BloFin WIF-USDT	−0.0186%	4h	0.2486	+0.242%	$997K	$830K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0129%	1h	0.2483	+0.117%	$76K	$293K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2491	+0.424%	$19K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2480	+0.015%	$802	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−0.403%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2491	+0.444%	$138K	$631K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2495	+0.605%	$57K	$497K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2488	+0.310%	$33K	$284K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2491	+0.433%	$78K	$60K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2495	+0.615%	$18.9M	$119.0M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WIFUSDT	+0.0100%	4h	0.2494	+0.581%	$17.0M	$40.0M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2496	+0.645%	$6.0M	$36.3M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2491	+0.444%	$1.2M	$7.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2490	+0.403%	$23.0M	$11.4M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2488	+0.323%	$4.5M	$14.5M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2495	+0.605%	$7.6M	$13.3M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2490	+0.403%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2480	+0.002%	$86K	$79K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2480	0.000%	$276K	$2.3M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2483	+0.121%	$45K	$625K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2481	+0.040%	$5K	$1.3M	10x	as long as short
SunX WIF-USDTshort	+0.0100%	4h	0.2478	−0.081%	$2K	$2.9M	50x
SoDEX WIF-USD	+0.0100%	1h	0.2480	+0.020%	$577	$5K	5x	as long as short
HTX WIF-USDTlong	+0.0100%	4h	0.2480	long leg	$166K	$699K	75x
Extended WIF-USD	+0.0104%	1h	0.2490	+0.417%	$9K	$147K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2480	−0.018%	$83K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0131% / S −0.0011%	1h	0.2480	+0.004%	$8K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0153%	1h	0.2481	+0.040%	$45K	$256K	25x	as long as short
Kraken Futures PF_WIFUSD	+0.0261%	1h	0.2482	+0.089%	$645K	$2.3M	50x	as long as short
Hyperliquid WIF	+0.0300%	1h	0.2493	+0.536%	$8.1M	$4.9M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0328%	1h	0.2485	+0.202%	$326K	$2.7M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2495	+0.588%	$0	—	15x	as long as short