Funding arb · Price arb /

WIF

all WIF markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against OKX−0.196%7-day average +0.483% · you buy dearer than you sell

Net, funding: paid 7d − costs−$132as in the Funding arb table

Net, price: spread back to 7d avg − costs−$218as in the Price arb table

costs, in and out, $10k−$1511.505% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.185%+$19 on $10k

Price spread, last 4 days (all we have)+0.625%+$62 · spread now −0.196%, 7d avg +0.483%

Together, before fees+0.810%+$81 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: HTX is 0.679% cheaper against OKX than usual: you would sell low and buy high, −$68 on $10k if it goes back to its 7-day average of +0.483%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WIF-USDT-SWAP	0.2547	0.0100	pay 0.0050% / 4h	3h 16m	$6.1M	$39.2M	50x
Short	HTX WIF-USDT	0.2542	0.0100	get 0.0050% / 4h	3h 16m	$168K	$737K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee OKXbpFee HTXbpOrdersPrice spread, now −0.196%Rate

Funding earned: $0
Price spread: −0.196% → +0.483%: −$67.93
Slippage, 4 orders: −$128.52
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$218.45
Costs to cover: 1.505%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; HTX: live order book, 37 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 OKX live order book, 2 min ago	1.97 bp	13.4 bp −$13	30.6 bp −$306	doesn't fit	doesn't fit
Sell HTX live order book, 37 min ago	1.96 bp	80.7 bp −$81	doesn't fit	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
BloFin WIF-USDT	−0.0192%	4h	0.2552	+0.196%	$1.1M	$910K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2546	−0.039%	$14K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2549	+0.091%	—	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2555	+0.314%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2552	+0.204%	$146K	$652K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2550	+0.118%	$53K	$563K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2548	+0.034%	$44K	$310K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2548	+0.038%	$79K	$67K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2550	+0.110%	$20.2M	$129.5M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2548	+0.039%	$17.5M	$43.0M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WIF-USDT-SWAPlong	+0.0100%	4h	0.2547	long leg	$6.1M	$39.2M	50x
Gate WIF_USDT	+0.0100%	4h	0.2547	0.000%	$1.2M	$8.4M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2547	0.000%	$23.7M	$11.6M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2547	0.000%	$4.3M	$15.3M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2548	+0.039%	$7.8M	$14.5M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2548	+0.039%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2549	+0.063%	$76K	$306K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2535	−0.469%	$87K	$145K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2533	−0.550%	$290K	$2.6M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2536	−0.432%	$46K	$626K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2551	+0.157%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2546	−0.039%	$1K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2550	+0.137%	$596	$5K	5x	as long as short
HTX WIF-USDTshort	+0.0100%	4h	0.2542	−0.196%	$168K	$737K	75x
Extended WIF-USD	+0.0104%	1h	0.2548	+0.041%	$12K	$114K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2550	+0.115%	$85K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0111% / S +0.0021%	1h	0.2549	+0.081%	$9K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0142%	1h	0.2551	+0.157%	$39K	$263K	25x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2552	+0.196%	$338K	$3.1M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0360%	1h	0.2551	+0.174%	$667K	$2.4M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2549	+0.082%	$1	—	15x	as long as short
Hyperliquid WIF	+0.0650%	1h	0.2555	+0.326%	$8.6M	$5.3M	5x	as long as short