Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.044%

Price spread now: MEXC against Variational Omni+0.036%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.036% dearer against Variational Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni WIF	0.2487	0.0100	pay 0.0050% / 4h	3h 30m	$74K	$68K	—
Short	MEXC WIF_USDT	0.2488	0.0100	get 0.0050% / 4h	3h 30m	$22.4M	$11.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. 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 Variational OmnibpFee MEXCbpOrdersPrice spread, now +0.036%Rate

Funding earned: $0
Price spread: +0.036% → 0.000%: $3.56
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$0.44
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell MEXC live order book, 4 min ago	2.01 bp	8.4 bp −$8	25.1 bp −$251	96.0 bp −$9,596	142.0 bp −$71.0K

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Backpack WIF_USDC_PERP	−0.0321%	1h	0.2489	+0.084%	$76K	$255K	10x	as long as short
Gate WIF_USDT	−0.0158%	4h	0.2485	−0.085%	$1.2M	$7.1M	50x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0152%	1h	0.2486	−0.045%	$49K	$289K	25x	as long as short
KuCoin WIFUSDTM	−0.0026%	4h	0.2485	−0.085%	$4.4M	$12.1M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2488	+0.020%	$19K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2487	−0.025%	$12K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−0.688%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0039%	1h	0.2488	+0.032%	$655K	$2.2M	50x	as long as short
Orderly PERP_WIF_USDC	+0.0095%	4h	0.2487	−0.005%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2489	+0.060%	$142K	$588K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex WIFUSDT	+0.0096%	1h	0.2484	−0.125%	$56K	$484K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2488	+0.041%	$25K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2489	+0.079%	$77K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2491	+0.156%	$19.1M	$107.1M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2490	+0.116%	$17.1M	$36.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2489	+0.076%	$6.0M	$33.8M	50x	as long as short
MEXC WIF_USDTshort	+0.0100%	4h	0.2488	+0.036%	$22.4M	$11.0M	50x
Bitget WIFUSDT	+0.0100%	4h	0.2492	+0.196%	$7.7M	$12.0M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2490	+0.116%	—	$65.8M	—	as long as short
Variational Omni WIFlong	+0.0100%	4h	0.2487	long leg	$74K	$68K	—
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2497	+0.401%	$280K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2490	+0.116%	$43K	$632K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2481	−0.246%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2486	−0.045%	$567	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2487	−0.005%	$171K	$745K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2489	+0.095%	$11K	$151K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2486	−0.026%	$83K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2487	−0.017%	$7K	—	100x	as long as short
Hyperliquid WIF	+0.0191%	1h	0.2495	+0.321%	$7.9M	$4.3M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2491	+0.156%	$335K	$2.5M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2492	+0.196%	$1.0M	$746K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2482	−0.201%	$0	—	15x	as long as short