WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.78 per $10,000 · paid last 24h +0.021%

Price spread now: OKX against KuCoin−0.041%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$830.828% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.148%+$15 on $10k

Price spread, last 7 days−0.013%−$1 · spread now −0.041%, 7d avg +0.005%

Together, before fees+0.134%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.046% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.005%). If the spread goes back, that is −$5 on $10k: about 23 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.148% in total) that is about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin WIFUSDTM	0.2450	−0.0056	get 0.0028% / 4h	2h 58m	$4.6M	$12.7M	75x
Short	OKX WIF-USDT-SWAP	0.2449	0.0100	get 0.0050% / 4h	2h 58m	$5.8M	$33.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.041%Rate

Funding earned: $32.76
Price spread: −0.041% → +0.005%: −$4.57
Slippage, 4 orders: −$60.81
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$54.63
Costs to cover: 0.828%
Break-even: 18.7 days

Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	4.06 bp	27.6 bp −$28	67.8 bp −$678	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	2.03 bp	13.2 bp −$13	36.8 bp −$368	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
Injective WIF/USDC PERP	−0.0783%	1h	0.2470	+0.816%	$11K	$10K	12x	as long as short
Gate WIF_USDT	−0.0168%	4h	0.2450	0.000%	$1.2M	$7.3M	50x	as long as short
Kraken Futures PF_WIFUSD	−0.0075%	1h	0.2455	+0.184%	$640K	$2.3M	50x	as long as short
KuCoin WIFUSDTMlong	−0.0056%	4h	0.2450	long leg	$4.6M	$12.7M	75x
dYdX WIF-USD	0.0000%	1h	0.2438	−0.507%	$18K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2452	+0.082%	$48K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2449	−0.026%	$792	—	150x	as long as short
Lighter WIF	+0.0096%	1h	0.2437	−0.547%	$145K	$596K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2450	0.000%	$55K	$496K	20x	as long as short
Orderly PERP_WIF_USDC	+0.0099%	4h	0.2450	0.000%	$5K	$1.3M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WIF	+0.0100%	1h	0.2453	+0.139%	$7.9M	$4.5M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2444	−0.259%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2439	−0.441%	$76K	$53K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2450	+0.019%	$18.5M	$110.3M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2449	−0.041%	$16.8M	$37.7M	50x	as long as short
OKX WIF-USDT-SWAPshort	+0.0100%	4h	0.2449	−0.041%	$5.8M	$33.9M	50x
MEXC WIF_USDT	+0.0100%	4h	0.2449	−0.041%	$22.2M	$11.0M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2451	+0.041%	$7.4M	$12.4M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2441	−0.367%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2454	+0.143%	$73K	$259K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2442	−0.324%	$72K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2437	−0.526%	$276K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2461	+0.449%	$42K	$632K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2449	−0.041%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2453	+0.106%	$556	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2451	+0.041%	$167K	$747K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2441	−0.372%	$9K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2453	+0.142%	$82K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0183% / S −0.0045%	1h	0.2450	−0.002%	$8K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0304%	1h	0.2455	+0.204%	$321K	$2.5M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2456	+0.245%	$1.0M	$699K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2450	+0.005%	$0	—	15x	as long as short