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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.007%
Price spread now: Popdex against MEXC+0.285%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2452.448% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.276%−$28 · spread now +0.285%, 7d avg +0.043%
Together, before fees−0.270%−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.241% dearer against MEXC than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC WIF_USDT0.24600.0100pay 0.0050% / 4h2h 17m$22.0M$11.1M50x
ShortPopdex WIFUSDT0.24670.0096get 0.0012% / 1h17m 50s$57K$497K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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

Funding earned
−$0.84
Price spread: +0.285% → +0.043%
$24.11
Slippage, 4 orders
−$234.36
Fee MEXC: 2 bp × 2 orders
−$4
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$221.49
Costs to cover
2.448%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Popdex: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago2.03 bp7.1 bp −$719.4 bp −$194109.2 bp −$10.9K150.4 bp −$75.2K
Sell Popdex live order book, 51 min ago34.50 bp129.0 bp −$129doesn't fitdoesn't fitdoesn't fit

WIF on 31 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
Injective WIF/USDC PERP−0.0783%1h0.2470+0.407%$11K$10K12xas long as short
Kraken Futures PF_WIFUSD−0.0074%1h0.2469+0.370%$641K$2.3M50xas long as short
Gate WIF_USDT−0.0016%4h0.2459−0.041%$1.2M$7.5M50xas long as short
Backpack WIF_USDC_PERP−0.0010%1h0.2460+0.004%$80K$273K10xas long as short
dYdX WIF-USD0.0000%1h0.2478+0.714%$19K$58910xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2468+0.325%$48K$266K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2469+0.379%$798150xas long as short
KuCoin WIFUSDTM+0.0066%4h0.24600.000%$4.4M$13.1M75xas long as short
Lighter WIF+0.0096%1h0.2470+0.415%$139K$626K10xas long as short
Popdex WIFUSDTshort+0.0096%1h0.2467+0.285%$57K$497K20x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_WIF_USDC+0.0100%4h0.2469+0.366%$5K$1.3M10xas long as short
Aster WIFUSDT+0.0100%4h0.2465+0.189%$35K$278K10xas long as short
Pacifica WIF+0.0100%1h0.2480+0.803%$77K$54K5xas long as short
Binance WIFUSDT+0.0100%4h0.2462+0.075%$18.8M$112.9M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2459−0.041%$16.9M$38.3M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2461+0.041%$5.8M$34.7M50xas long as short
MEXC WIF_USDTlong+0.0100%4h0.2460long leg$22.0M$11.1M50x
Bitget WIFUSDT+0.0100%4h0.2461+0.041%$7.5M$12.5M50xas long as short
BingX WIF-USDT+0.0100%4h0.24600.000%$65.9Mas long as short
Variational Omni WIF+0.0100%4h0.2475+0.611%$75K$70Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2480+0.813%$280K$2.0M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2477+0.691%$43K$628K25xas long as short
SunX WIF-USDT+0.0100%4h0.2465+0.203%$1K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2469+0.366%$565$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2470+0.407%$166K$732K75xas long as short
Extended WIF-USD+0.0104%1h0.2459−0.027%$8K$158K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2468+0.336%$82K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0170% / S −0.0037%1h0.2469+0.350%$8K100xas long as short
Hyperliquid WIF+0.0215%1h0.2466+0.244%$8.0M$4.7M5xas long as short
Coinbase International WIF-PERP-INTX+0.0304%1h0.2469+0.366%$324K$2.5M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2465+0.195%$015xas long as short