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

WIF

all WIF markets
SwapBacktest
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 +0.044%
Price spread now: BloFin against OKX+0.203%63s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$600.601% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.399%+$40 on $10k
Price spread, last 3 days (all we have)−0.193%−$19 · spread now +0.203%, 7d avg −0.022%
Together, before fees+0.206%+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.225% dearer against OKX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.022%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX WIF-USDT-SWAP0.24660.0100pay 0.0050% / 4h3h 04m$5.9M$34.0M50x
ShortBloFin WIF-USDT0.24710.0340get 0.0170% / 4h3h 04m$1.0M$699K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$50.4
Price spread: +0.203% → −0.022%
$22.5
Slippage, 4 orders
−$38.1
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$12.8
Costs to cover
0.601%
Break-even
5.2 days
Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 3 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 OKX live order book, 4 min ago2.03 bp13.5 bp −$1434.3 bp −$343doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago6.05 bp12.1 bp −$1220.1 bp −$20154.6 bp −$5,463doesn't fit

WIF on 32 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
Gate WIF_USDT−0.0152%4h0.2476+0.406%$1.3M$7.3M50xas long as short
Backpack WIF_USDC_PERP−0.0133%1h0.2467+0.028%$73K$256K10xas long as short
KuCoin WIFUSDTM−0.0070%4h0.2476+0.406%$5.0M$12.5M75xas long as short
dYdX WIF-USD0.0000%1h0.2473+0.265%$19K$58910xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2474+0.324%$49K$289K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2477+0.426%$801150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2470+0.162%$11K$10K12xas long as short
Kraken Futures PF_WIFUSD+0.0039%1h0.2472+0.239%$644K$2.3M50xas long as short
Lighter WIF+0.0096%1h0.2474+0.312%$147K$596K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2479+0.527%$56K$496K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_WIF_USDC+0.0099%4h0.2474+0.324%$5K$1.3M10xas long as short
Aster WIFUSDT+0.0100%4h0.2478+0.493%$35K$274K10xas long as short
Pacifica WIF+0.0100%1h0.2475+0.347%$76K$52K5xas long as short
Binance WIFUSDT+0.0100%4h0.2472+0.262%$18.8M$109.4M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2469+0.122%$17.0M$37.5M50xas long as short
OKX WIF-USDT-SWAPlong+0.0100%4h0.2466long leg$5.9M$34.0M50x
MEXC WIF_USDT+0.0100%4h0.2477+0.446%$22.5M$11.2M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2476+0.406%$7.5M$12.3M50xas long as short
BingX WIF-USDC+0.0100%4h0.2473+0.284%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2475+0.367%$73K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2471+0.193%$280K$1.9M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2476+0.406%$43K$633K25xas long as short
SunX WIF-USDT+0.0100%4h0.2467+0.041%$1K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2471+0.203%$560$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2467+0.041%$169K$746K75xas long as short
Extended WIF-USD+0.0104%1h0.2470+0.181%$10K$155K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2472+0.243%$82K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0185% / S −0.0046%1h0.2477+0.435%$8K100xas long as short
Hyperliquid WIF+0.0189%1h0.2481+0.620%$8.0M$4.5M5xas long as short
Coinbase International WIF-PERP-INTX+0.0288%1h0.2478+0.487%$325K$2.5M50xas long as short
BloFin WIF-USDTshort+0.0340%4h0.2471+0.203%$1.0M$699K75x
Reya WIFRUSDPERP+0.0558%1h0.2477+0.449%$015xas long as short