After costs, if the gap returns to its 7d average, $10k+$10
spread now+0.473%7d average−0.081%fees + slippage, in and out−$46spread needed0.458%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WIF-USDT-SWAP | 0.2412 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $6.2M | $18.2M | 50x |
| Short | Backpack WIF_USDC_PERP | 0.2423 | −0.0690 | pay 0.0086% / 1h | 3m 23s | $82K | $193K | 10x |
OKX WIF-USDT-SWAP
Backpack WIF_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $47.26
- Funding while held
- −$23.69
- Slippage, 4 orders
- −$25.77
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$22.2
- Spread needed to break even
- 0.458%
Slippage from OKX: live order book, 2 min ago; Backpack: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0790%
- Per $10,000 a day
- −$23.69
- Average in range /8h
- —
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 OKX live order book, 2 min ago | 2.06 bp | 14.8 bp −$15 | 48.6 bp −$486 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 2 min ago | 1.23 bp | 8.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
WIF price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2329cheapestPopdex0.2411+3.521%KuCoin0.2411+3.521%Bybit0.2411+3.525%Aevo0.2412+3.552%
Injective
Popdex
KuCoin
Bybit
AevoOKX0.2412+3.564%
Orderly0.2412+3.564%Reya0.2412+3.569%Extended0.2412+3.580%Binance0.2413+3.603%Gate0.2413+3.607%MEXC0.2413+3.607%Bitget0.2413+3.607%gTrade (Gains Network)0.2414+3.671%GMX0.2415+3.678%Hyperliquid0.2416+3.731%BingX0.2416+3.736%Aster0.2417+3.783%Lighter0.2419+3.873%Pacifica0.2419+3.875%dYdX0.2420+3.886%ApeX Omni0.2420+3.907%Variational Omni0.2422+3.995%
Orderly
Reya
Extended
Binance
Gate
MEXC
Bitget
gTrade (Gains Network)
GMX
Hyperliquid
BingX
Aster
Lighter
Pacifica
dYdX
ApeX Omni
Variational OmniBackpack0.2423+4.053%
SunX0.2424+4.079%SoDEX0.2425+4.122%Deribit0.2426+4.165%Kraken Futures0.2429+4.295%Coinbase International0.2431+4.380%BloFin0.2432+4.422%HTX0.2436+4.594%
SunX
SoDEX
Deribit
Kraken Futures
Coinbase International
BloFin
HTXWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERP | −3.441% | −0.0468% | 1h | $11K | $97K | 12x | as long as short |
| Popdex WIFUSDT | −0.041% | +0.0096% | 1h | $54K | $416K | 20x | as long as short |
| KuCoin WIFUSDTM | −0.041% | +0.0100% | 4h | $3.7M | $7.6M | 75x | as long as short |
| Bybit WIFUSDT | −0.037% | −0.0124% | 4h | $16.7M | $24.9M | 50x | as long as short |
| Aevo WIF-PERP | −0.012% | +0.0072% | 1h | $80K | $85 | 3x | as long as short |
| OKX WIF-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $6.2M | $18.2M | 50x | |
| Orderly PERP_WIF_USDC | 0.000% | +0.0029% | 4h | $5K | $1.3M | 10x | as long as short |
| Reya WIFRUSDPERP | +0.005% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Extended WIF-USD | +0.015% | −0.0024% | 1h | $12K | $150K | 25x | as long as short |
| Binance WIFUSDT | +0.038% | −0.0021% | 4h | $17.5M | $55.0M | 75x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate WIF_USDT | +0.041% | +0.0068% | 4h | $1.1M | $4.1M | 50x | as long as short |
| MEXC WIF_USDT | +0.041% | −0.0020% | 4h | $22.4M | $7.6M | 50x | as long as short |
| Bitget WIFUSDT | +0.041% | +0.0100% | 4h | $7.2M | $4.7M | 50x | as long as short |
| gTrade (Gains Network) WIF/USD | +0.104% | L +0.0002% / S −0.0002% | 1h | $19K | — | 150x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | +0.110% | L −29.4933% / S +0.0808% | 1h | $6K | — | 100x | as long as short |
| Hyperliquid WIF | +0.162% | +0.0102% | 1h | $6.9M | $3.1M | 5x | as long as short |
| BingX WIF-USDC | +0.166% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Aster WIFUSDT | +0.212% | −0.0067% | 4h | $17K | $103K | 10x | as long as short |
| Lighter WIF | +0.299% | +0.0096% | 1h | $140K | $211K | 10x | as long as short |
| Pacifica WIF | +0.301% | +0.0100% | 1h | $75K | $24K | 5x | as long as short |
| dYdX WIF-USD | +0.312% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.332% | +0.0021% | 1h | $51K | $585K | 25x | as long as short |
| Variational Omni WIF | +0.417% | −0.0341% | 4h | $69K | $47K | — | as long as short |
| Backpack WIF_USDC_PERPshort | +0.473% | −0.0690% | 1h | $82K | $193K | 10x | |
| SunX WIF-USDT | +0.498% | +0.0100% | 4h | $2K | $2.0M | 50x | as long as short |
| SoDEX WIF-USD | +0.539% | −0.0044% | 1h | $545 | $5K | 5x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.580% | −0.0162% | 1h | $76K | $231K | 25x | as long as short |
| Kraken Futures PF_WIFUSD | +0.706% | −0.0373% | 1h | $626K | $1.1M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.788% | +0.0104% | 1h | $318K | $1.4M | 50x | as long as short |
| BloFin WIF-USDT | +0.829% | +0.0218% | 4h | $1.0M | $541K | 75x | as long as short |
| HTX WIF-USDT | +0.995% | +0.0100% | 4h | $229K | $486K | 75x | as long as short |