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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0593%/8h= +64.9% APRnext payment +$0.74 per $10,000 · paid last 24h +0.082%
Price spread now: Coinbase International against Injective−1.294%64s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Coinbase International is 1.294% cheaper against Injective than usual: you would sell low and buy high (spread −1.294% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$129 on $10k: about 7.3 days of funding at the current rate (+$18 a day). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective WIF/USDC PERP0.2395−0.0321get 0.0040% / 1h4m 08s$10K$10K12x
ShortCoinbase International WIF-PERP-INTX0.23640.0272get 0.0034% / 1h4m 08s$310K$2.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
$124.47
Price spread: −1.294% → 0.000%
−$129.44
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$14.98
Costs to cover
0.100%
Break-even
7.8 days
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 5 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 Injective no order-book sample
Sell Coinbase International live order book, 5 min ago6.33 bp15.5 bp −$1525.2 bp −$252doesn't fitdoesn't fit
Injective: 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
Backpack WIF_USDC_PERP−0.0631%1h0.2360−1.461%$73K$235K10xas long as short
Injective WIF/USDC PERPlong−0.0321%1h0.2395long leg$10K$10K12x
KuCoin WIFUSDTM−0.0174%4h0.2360−1.461%$4.1M$11.2M75xas long as short
Deribit WIF_USDC-PERPETUAL−0.0173%1h0.2362−1.378%$46K$289K25xas long as short
Kraken Futures PF_WIFUSD−0.0077%1h0.2364−1.285%$626K$2.1M50xas long as short
dYdX WIF-USD0.0000%1h0.2362−1.378%$18K$58210xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2362−1.362%$14K150xas long as short
Variational Omni WIF+0.0031%4h0.2358−1.528%$67K$65Kas long as short
Aster WIFUSDT+0.0057%4h0.2361−1.401%$23K$255K10xas long as short
GRVT WIF_USDT_Perp+0.0068%4h0.2368−1.137%$272K$1.8M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate WIF_USDT+0.0074%4h0.2360−1.461%$1.2M$6.9M50xas long as short
Orderly PERP_WIF_USDC+0.0091%4h0.2361−1.420%$4K$1.3M10xas long as short
Lighter WIF+0.0096%1h0.2362−1.382%$131K$541K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2361−1.420%$52K$482K20xas long as short
Hyperliquid WIF+0.0100%1h0.2364−1.290%$7.3M$4.0M5xas long as short
Pacifica WIF+0.0100%1h0.2362−1.382%$74K$48K5xas long as short
Binance WIFUSDT+0.0100%4h0.2361−1.420%$17.5M$99.4M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2360−1.457%$16.5M$34.7M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2362−1.378%$6.0M$30.1M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2361−1.420%$21.1M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2361−1.420%$7.2M$11.6M50xas long as short
BingX WIF-USDT+0.0100%4h0.2361−1.420%$65.1Mas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2366−1.211%$42K$618K25xas long as short
SunX WIF-USDT+0.0100%4h0.2356−1.628%$1K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2361−1.424%$539$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2362−1.378%$163K$719K75xas long as short
Extended WIF-USD+0.0104%1h0.2361−1.410%$10K$153K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2361−1.410%$79K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0168% / S −0.0877%1h0.2362−1.373%$4K100xas long as short
Coinbase International WIF-PERP-INTXshort+0.0272%1h0.2364−1.294%$310K$2.3M50x
BloFin WIF-USDT+0.0340%4h0.2360−1.461%$968K$684K75xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2361−1.434%$015xas long as short