WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.053%

Price spread now: BloFin against MEXC−0.162%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$480.477% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.441%+$44 on $10k

Price spread, last 3 days (all we have)+0.219%+$22 · spread now −0.162%, 7d avg +0.016%

Together, before fees+0.661%+$66 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.178% cheaper against MEXC than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of +0.016%). If the spread goes back, that is −$18 on $10k: about 2.5 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WIF_USDT	0.2465	0.0100	pay 0.0050% / 4h	3h 02m	$22.3M	$11.2M	50x
Short	BloFin WIF-USDT	0.2461	0.0340	get 0.0170% / 4h	3h 02m	$1.0M	$696K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.162%Rate

Funding earned: $50.4
Price spread: −0.162% → +0.016%: −$17.83
Slippage, 4 orders: −$31.7
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$15.13
Costs to cover: 0.477%
Break-even: 9.1 days

Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 4 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 MEXC live order book, 1 min ago	2.03 bp	8.3 bp −$8	29.5 bp −$295	128.7 bp −$12.9K	156.3 bp −$78.2K
Sell BloFin live order book, 4 min ago	6.05 bp	12.1 bp −$12	20.1 bp −$201	54.6 bp −$5,463	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
Gate WIF_USDT	−0.0208%	4h	0.2462	−0.122%	$1.2M	$7.3M	50x	as long as short
Backpack WIF_USDC_PERP	−0.0132%	1h	0.2459	−0.264%	$76K	$257K	10x	as long as short
KuCoin WIFUSDTM	−0.0074%	4h	0.2463	−0.081%	$5.0M	$12.5M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2460	−0.203%	$18K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2462	−0.122%	$48K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2461	−0.162%	$795	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	+0.203%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0039%	1h	0.2462	−0.103%	$642K	$2.3M	50x	as long as short
Lighter WIF	+0.0096%	1h	0.2461	−0.146%	$146K	$596K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2461	−0.162%	$56K	$496K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_WIF_USDC	+0.0099%	4h	0.2463	−0.081%	$5K	$1.3M	10x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2462	−0.115%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2460	−0.196%	$76K	$52K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2465	0.000%	$18.8M	$109.6M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2463	−0.081%	$16.9M	$37.5M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2463	−0.081%	$5.9M	$33.9M	50x	as long as short
MEXC WIF_USDTlong	+0.0100%	4h	0.2465	long leg	$22.3M	$11.2M	50x
Bitget WIFUSDT	+0.0100%	4h	0.2462	−0.122%	$7.5M	$12.3M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2465	0.000%	—	$65.8M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2475	+0.407%	$73K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2469	+0.154%	$280K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2469	+0.162%	$42K	$632K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2458	−0.284%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2462	−0.142%	$556	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2457	−0.325%	$168K	$746K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2461	−0.144%	$10K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2462	−0.107%	$82K	$85	3x	as long as short
Hyperliquid WIF	+0.0180%	1h	0.2466	+0.041%	$7.9M	$4.5M	5x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0184% / S −0.0046%	1h	0.2461	−0.165%	$8K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2462	−0.122%	$322K	$2.5M	50x	as long as short
BloFin WIF-USDTshort	+0.0340%	4h	0.2461	−0.162%	$1.0M	$696K	75x
Reya WIFRUSDPERP	+0.0558%	1h	0.2460	−0.209%	$0	—	15x	as long as short