Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: Gate against KuCoin0.000%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$890.887% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 7 days−0.102%−$10 · spread now 0.000%, 7d avg +0.003%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WIFUSDTM	0.2457	0.0100	pay 0.0050% / 4h	1h 45m	$4.1M	$16.3M	75x
Short	Gate WIF_USDT	0.2457	0.0100	get 0.0050% / 4h	1h 45m	$1.1M	$9.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.003%: −$0.28
Slippage, 4 orders: −$61.65
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$88.94
Costs to cover: 0.887%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 3 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 KuCoin live order book, 4 min ago	4.08 bp	19.3 bp −$19	66.2 bp −$662	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	4.08 bp	22.4 bp −$22	70.6 bp −$706	108.5 bp −$10.8K	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
Injective WIF/USDC PERP	−0.0467%	1h	0.2454	−0.122%	$10K	$10K	12x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2457	0.000%	$979K	$927K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0017%	1h	0.2457	+0.004%	$72K	$294K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2443	−0.588%	$13K	$587	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2457	+0.015%	—	—	150x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0058% / S +0.0251%	1h	0.2458	+0.024%	$21K	—	100x	as long as short
Lighter WIF	+0.0096%	1h	0.2461	+0.147%	$142K	$701K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2446	−0.448%	$53K	$570K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2459	+0.094%	$8.5M	$6.4M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2455	−0.081%	$31K	$351K	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	0.2443	−0.571%	$77K	$70K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2455	−0.062%	$18.6M	$143.1M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2455	−0.085%	$16.6M	$47.2M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2454	−0.122%	$5.5M	$41.3M	50x	as long as short
Gate WIF_USDTshort	+0.0100%	4h	0.2457	0.000%	$1.1M	$9.1M	50x
MEXC WIF_USDT	+0.0100%	4h	0.2458	+0.041%	$22.2M	$12.2M	50x	as long as short
KuCoin WIFUSDTMlong	+0.0100%	4h	0.2457	long leg	$4.1M	$16.3M	75x
Bitget WIFUSDT	+0.0100%	4h	0.2457	0.000%	$7.5M	$15.7M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2457	0.000%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2441	−0.648%	$72K	$193K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2446	−0.448%	$272K	$2.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2449	−0.326%	$45K	$630K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2459	+0.081%	$5K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2442	−0.611%	$2K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2458	+0.041%	$562	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2454	−0.122%	$149K	$882K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2459	+0.079%	$10K	$151K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2460	+0.129%	$82K	$85	3x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0157%	1h	0.2461	+0.163%	$33K	$274K	25x	as long as short
Kraken Futures PF_WIFUSD	+0.0347%	1h	0.2461	+0.155%	$639K	$2.7M	50x	as long as short
Coinbase International WIF-PERP-INTX	+0.0384%	1h	0.2459	+0.081%	$329K	$3.2M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2454	−0.117%	$0	—	15x	as long as short