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−0.0094%/8h= −10.3% APRnext payment $0.47 per $10,000 · paid last 24h −0.021%
Price spread now: KuCoin against SunX+0.205%7-day average +0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1891.893% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.152%−$15 on $10k
Price spread, last 3 days (all we have)−0.112%−$11 · spread now +0.205%, 7d avg +0.172%
Together, before fees−0.264%−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.033% dearer against SunX than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of +0.172%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX WIF-USDT0.24390.0100pay 0.0050% / 4h3h 52m$2K$2.8M50x
ShortKuCoin WIFUSDTM0.24440.0006get 0.0003% / 4h3h 52m$4.3M$11.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
−$19.74
Price spread: +0.205% → +0.172%
$3.31
Slippage, 4 orders
−$169.28
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$205.71
Costs to cover
1.893%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; KuCoin: live order book, 6 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 SunX live order book, 5 min ago32.69 bp89.6 bp −$90doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago2.05 bp17.5 bp −$1853.5 bp −$535doesn't fitdoesn'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
Backpack WIF_USDC_PERP−0.0645%1h0.2446+0.271%$75K$250K10xas long as short
Deribit WIF_USDC-PERPETUAL−0.0159%1h0.2446+0.287%$48K$289K25xas long as short
Gate WIF_USDT−0.0128%4h0.2447+0.328%$1.2M$7.0M50xas long as short
dYdX WIF-USD0.0000%1h0.2447+0.312%$18K$58910xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2446+0.268%$16K150xas long as short
KuCoin WIFUSDTMshort+0.0006%4h0.2444+0.205%$4.3M$11.9M75x
Injective WIF/USDC PERP+0.0033%1h0.2395−1.804%$10K$10K12xas long as short
Kraken Futures PF_WIFUSD+0.0040%1h0.2448+0.362%$634K$2.2M50xas long as short
ApeX Omni WIFUSDT+0.0048%1h0.2452+0.533%$43K$631K25xas long as short
Orderly PERP_WIF_USDC+0.0094%4h0.2445+0.246%$5K$1.3M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter WIF+0.0096%1h0.2447+0.312%$144K$576K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2444+0.205%$54K$484K20xas long as short
Aster WIFUSDT+0.0100%4h0.2448+0.360%$24K$257K10xas long as short
Pacifica WIF+0.0100%1h0.2446+0.268%$76K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.2447+0.328%$18.4M$104.9M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2447+0.308%$16.9M$36.2M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2446+0.287%$6.0M$32.7M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2447+0.328%$22.1M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2448+0.369%$7.5M$11.8M50xas long as short
BingX WIF-USDC+0.0100%4h0.2445+0.246%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2451+0.499%$72K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2450+0.451%$279K$1.9M10xas long as short
SunX WIF-USDTlong+0.0100%4h0.2439long leg$2K$2.8M50x
SoDEX WIF-USD+0.0100%1h0.2446+0.279%$559$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2441+0.082%$168K$746K75xas long as short
Extended WIF-USD+0.0104%1h0.2444+0.224%$11K$154K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2447+0.314%$82K$853xas long as short
Hyperliquid WIF+0.0112%1h0.2453+0.562%$7.7M$4.1M5xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0191% / S −0.0138%1h0.2445+0.260%$6K100xas long as short
Coinbase International WIF-PERP-INTX+0.0288%1h0.2450+0.451%$326K$2.4M50xas long as short
BloFin WIF-USDT+0.0340%4h0.2447+0.328%$990K$738K75xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2443+0.169%$015xas long as short