WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0288%/8h= +31.5% APRnext payment +$0.36 per $10,000 · paid last 24h +0.043%

Price spread now: Coinbase International against Popdex+0.082%7-day average +0.125% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$178as in the Price arb table

costs, in and out, $10k−$1741.737% of the position

Long on Popdex Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.255%+$25 on $10k

Price spread, last 4 days (all we have)+0.132%+$13 · spread now +0.082%, 7d avg +0.125%

Together, before fees+0.387%+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.043% cheaper against Popdex than usual: you would sell low and buy high (spread +0.082% now, against its 7-day average of +0.125%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex WIFUSDT	0.2451	0.0096	pay 0.0012% / 1h	48m 14s	$53K	$570K	20x
Short	Coinbase International WIF-PERP-INTX	0.2453	0.0384	get 0.0048% / 1h	48m 14s	$324K	$3.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee PopdexbpFee Coinbase InternationalbpOrdersPrice spread, now +0.082%Rate

Funding earned: $60.48
Price spread: +0.082% → +0.125%: −$4.31
Slippage, 4 orders: −$157.35
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$117.58
Costs to cover: 1.737%
Break-even: 20.6 days

Slippage from Popdex: live order book, 61 min ago; Coinbase International: live order book, 6 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 Popdex live order book, 61 min ago	4.08 bp	70.7 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 6 min ago	8.20 bp	21.3 bp −$21	36.3 bp −$363	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
Injective WIF/USDC PERP	−0.0467%	1h	0.2454	+0.122%	$10K	$10K	12x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2442	−0.367%	$975K	$921K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2458	+0.268%	$13K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2450	−0.041%	$33K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2450	−0.024%	—	—	150x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0061% / S +0.0250%	1h	0.2450	−0.034%	$21K	—	100x	as long as short
Backpack WIF_USDC_PERP	+0.0078%	1h	0.2446	−0.200%	$73K	$293K	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2452	+0.033%	$142K	$700K	10x	as long as short
Popdex WIFUSDTlong	+0.0096%	1h	0.2451	long leg	$53K	$570K	20x
Hyperliquid WIF	+0.0100%	1h	0.2455	+0.163%	$8.5M	$6.4M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2451	−0.017%	$31K	$351K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2455	+0.153%	$77K	$70K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2450	−0.041%	$18.6M	$142.9M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2450	−0.041%	$16.5M	$47.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2449	−0.082%	$5.5M	$41.1M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2451	0.000%	$1.1M	$9.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2453	+0.082%	$22.1M	$12.2M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2451	0.000%	$4.1M	$16.3M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2449	−0.082%	$7.4M	$15.6M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2452	+0.041%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2445	−0.241%	$72K	$193K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2447	−0.162%	$277K	$2.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2435	−0.653%	$45K	$630K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2450	−0.041%	$5K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2446	−0.204%	$2K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2450	−0.049%	$562	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2446	−0.204%	$149K	$882K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2449	−0.088%	$10K	$157K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2449	−0.082%	$82K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0348%	1h	0.2451	+0.006%	$626K	$2.7M	50x	as long as short
Coinbase International WIF-PERP-INTXshort	+0.0384%	1h	0.2453	+0.082%	$324K	$3.2M	50x
Reya WIFRUSDPERP	+0.0558%	1h	0.2453	+0.066%	$0	—	15x	as long as short