Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0084%/8hnext payment +$0.42 per $10,000 · paid last 24h +0.004%

Price spread now: MEXC against KuCoin0.000%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$570.571% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.101%+$10 on $10k

Price spread, last 7 days−0.053%−$5 · spread now 0.000%, 7d avg −0.019%

Together, before fees+0.048%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WIFUSDTM	0.2359	0.0016	pay 0.0008% / 4h	23m 21s	$4.2M	$10.7M	75x
Short	MEXC WIF_USDT	0.2359	0.0100	get 0.0050% / 4h	23m 21s	$21.3M	$10.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $17.64
Price spread: 0.000% → −0.019%: $1.9
Slippage, 4 orders: −$41.08
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$37.53
Costs to cover: 0.571%
Break-even: 21.9 days

Slippage from KuCoin: live order book, 9 min ago; MEXC: live order book, 9 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, 9 min ago	2.12 bp	23.8 bp −$24	64.8 bp −$648	doesn't fit	doesn't fit
Sell MEXC live order book, 9 min ago	2.12 bp	6.5 bp −$6	21.3 bp −$213	101.8 bp −$10.2K	150.1 bp −$75.0K

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	−0.0650%	1h	0.2445	+3.646%	$11K	$30K	12x	as long as short
Backpack WIF_USDC_PERP	−0.0555%	1h	0.2364	+0.191%	$70K	$235K	10x	as long as short
Variational Omni WIF	−0.0178%	4h	0.2354	−0.191%	$67K	$50K	—	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0173%	1h	0.2361	+0.085%	$45K	$290K	25x	as long as short
Gate WIF_USDT	−0.0010%	4h	0.2361	+0.085%	$1.2M	$6.8M	50x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2363	+0.171%	$18K	$582	10x	as long as short
Bybit WIFUSDT	0.0000%	4h	0.2361	+0.064%	$16.6M	$33.8M	50x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2362	+0.122%	$14K	—	150x	as long as short
KuCoin WIFUSDTMlong	+0.0016%	4h	0.2359	long leg	$4.2M	$10.7M	75x
Aster WIFUSDT	+0.0023%	4h	0.2362	+0.134%	$25K	$241K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX WIF/USD [WBTC.b-USDC]	L +0.0043% / S +0.0009%	1h	0.2361	+0.103%	$4K	—	100x	as long as short
ApeX Omni WIFUSDT	+0.0085%	1h	0.2366	+0.297%	$40K	$611K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0090%	4h	0.2361	+0.085%	$4K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2364	+0.212%	$139K	$518K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2360	+0.042%	$52K	$482K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2363	+0.160%	$7.0M	$3.5M	5x	as long as short
Pacifica WIF	+0.0100%	1h	0.2362	+0.117%	$74K	$45K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2360	+0.042%	$17.8M	$96.3M	75x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2361	+0.085%	$6.2M	$29.1M	50x	as long as short
MEXC WIF_USDTshort	+0.0100%	4h	0.2359	0.000%	$21.3M	$10.6M	50x
Bitget WIFUSDT	+0.0100%	4h	0.2362	+0.127%	$7.2M	$11.2M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2366	+0.297%	—	$2.3M	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2371	+0.504%	$265K	$1.5M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2357	−0.085%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2364	+0.212%	$530	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2366	+0.297%	$165K	$704K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2360	+0.057%	$9K	$152K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2360	+0.042%	$79K	$85	3x	as long as short
Coinbase International WIF-PERP-INTX	+0.0296%	1h	0.2367	+0.339%	$323K	$2.2M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2370	+0.466%	$1.0M	$690K	75x	as long as short
Kraken Futures PF_WIFUSD	+0.0355%	1h	0.2363	+0.157%	$638K	$2.0M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2359	+0.021%	$0	—	15x	as long as short