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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: Binance against Popdex−0.012%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1651.655% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.012%, 7d avg −0.037%
Together, before fees−0.108%−$11 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: Binance is 0.025% dearer against Popdex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex WIFUSDT0.24730.0096pay 0.0012% / 1h55m 39s$57K$496K20x
ShortBinance WIFUSDT0.24730.0100get 0.0050% / 4h1h 55m$18.9M$113.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Popdex. 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: −0.012% → −0.037%
$2.51
Slippage, 4 orders
−$149.1
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$162.15
Costs to cover
1.655%
Break-even
1358.2 days
Slippage from Popdex: live order book, 8 min ago; Binance: live order book, 2 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 Popdex live order book, 8 min ago4.04 bp62.4 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago2.04 bp13.9 bp −$1433.3 bp −$333105.7 bp −$10.6Kdoesn'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
ApeX Omni WIFUSDT−0.0291%1h0.2459−0.566%$42K$629K25xas long as short
Backpack WIF_USDC_PERP−0.0073%1h0.2482+0.380%$81K$273K10xas long as short
dYdX WIF-USD0.0000%1h0.2476+0.105%$19K$58910xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2487+0.584%$804150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2470−0.121%$11K$10K12xas long as short
Gate WIF_USDT+0.0038%4h0.2472−0.040%$1.2M$7.4M50xas long as short
Lighter WIF+0.0096%1h0.2474+0.057%$140K$627K10xas long as short
Popdex WIFUSDTlong+0.0096%1h0.2473long leg$57K$496K20x
Orderly PERP_WIF_USDC+0.0100%4h0.2490+0.687%$5K$1.3M10xas long as short
Aster WIFUSDT+0.0100%4h0.2477+0.151%$34K$283K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WIF+0.0100%1h0.2474+0.030%$77K$55K5xas long as short
Binance WIFUSDTshort+0.0100%4h0.2473−0.012%$18.9M$113.4M75x
Bybit WIFUSDT+0.0100%4h0.2469−0.154%$17.0M$38.3M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2470−0.121%$5.9M$34.7M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2472−0.040%$22.0M$10.9M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2474+0.040%$4.5M$13.3M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2471−0.081%$7.5M$12.6M50xas long as short
BingX WIF-USDC+0.0100%4h0.2476+0.121%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2487+0.570%$75K$69Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2468−0.202%$277K$2.0M10xas long as short
SunX WIF-USDT+0.0100%4h0.2485+0.485%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2490+0.683%$567$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2484+0.445%$167K$689K75xas long as short
Extended WIF-USD+0.0104%1h0.2471−0.065%$8K$152K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2489+0.649%$83K$853xas long as short
Kraken Futures PF_WIFUSD+0.0137%1h0.2489+0.657%$647K$2.3M50xas long as short
Deribit WIF_USDC-PERPETUAL+0.0152%1h0.2490+0.687%$47K$261K25xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0163% / S −0.0032%1h0.2488+0.615%$8K100xas long as short
Hyperliquid WIF+0.0229%1h0.2479+0.228%$8.0M$4.7M5xas long as short
Coinbase International WIF-PERP-INTX+0.0312%1h0.2489+0.647%$330K$2.6M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2488+0.610%$015xas long as short