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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: MEXC against Popdex−0.284%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2452.448% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.276%+$28 · spread now −0.284%, 7d avg −0.043%
Together, before fees+0.269%+$27 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: MEXC is 0.240% cheaper against Popdex than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex WIFUSDT0.24670.0096pay 0.0012% / 1h17m 54s$57K$497K20x
ShortMEXC WIF_USDT0.24600.0100get 0.0050% / 4h2h 17m$22.0M$11.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.284% → −0.043%
−$24.03
Slippage, 4 orders
−$234.36
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$267.95
Costs to cover
2.448%
Break-even
2239.9 days
Slippage from Popdex: live order book, 51 min ago; MEXC: live order book, 1 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, 51 min ago34.50 bp99.1 bp −$99doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago2.03 bp9.6 bp −$1021.7 bp −$217100.6 bp −$10.1K142.0 bp −$71.0K

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
Injective WIF/USDC PERP−0.0783%1h0.2470+0.122%$11K$10K12xas long as short
Kraken Futures PF_WIFUSD−0.0074%1h0.2469+0.086%$641K$2.3M50xas long as short
Gate WIF_USDT−0.0016%4h0.2459−0.324%$1.2M$7.5M50xas long as short
Backpack WIF_USDC_PERP−0.0010%1h0.2460−0.280%$80K$273K10xas long as short
dYdX WIF-USD0.0000%1h0.2478+0.428%$19K$58910xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2468+0.041%$48K$266K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2469+0.094%$798150xas long as short
KuCoin WIFUSDTM+0.0066%4h0.2460−0.284%$4.4M$13.1M75xas long as short
Lighter WIF+0.0096%1h0.2470+0.130%$139K$626K10xas long as short
Popdex WIFUSDTlong+0.0096%1h0.2467long leg$57K$497K20x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_WIF_USDC+0.0100%4h0.2469+0.081%$5K$1.3M10xas long as short
Aster WIFUSDT+0.0100%4h0.2465−0.095%$35K$278K10xas long as short
Pacifica WIF+0.0100%1h0.2480+0.517%$77K$54K5xas long as short
Binance WIFUSDT+0.0100%4h0.2462−0.209%$18.8M$112.9M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2459−0.324%$16.9M$38.3M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2461−0.243%$5.8M$34.7M50xas long as short
MEXC WIF_USDTshort+0.0100%4h0.2460−0.284%$22.0M$11.1M50x
Bitget WIFUSDT+0.0100%4h0.2461−0.243%$7.5M$12.5M50xas long as short
BingX WIF-USDT+0.0100%4h0.2460−0.284%$65.9Mas long as short
Variational Omni WIF+0.0100%4h0.2475+0.326%$75K$70Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2480+0.527%$280K$2.0M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2477+0.405%$43K$628K25xas long as short
SunX WIF-USDT+0.0100%4h0.2465−0.081%$1K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2469+0.081%$565$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2470+0.122%$166K$732K75xas long as short
Extended WIF-USD+0.0104%1h0.2459−0.310%$8K$158K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2468+0.051%$82K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0170% / S −0.0037%1h0.2469+0.066%$8K100xas long as short
Hyperliquid WIF+0.0215%1h0.2466−0.041%$8.0M$4.7M5xas long as short
Coinbase International WIF-PERP-INTX+0.0304%1h0.2469+0.081%$324K$2.5M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2465−0.089%$015xas long as short