ArbiLayer

WIF arbitrage

live

Live dogwifhat price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.03%OKX → Hyperliquid · Perp–Perp
Best perp–perp spread+0.13%OKX → Hyperliquid
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.21%$0.2329 – $0.2333

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoinspot$0.2332Hyperliquid logoHyperliquid$0.2332 +0.00%-0.20% +0.00%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.2332Bitget logoBitget$0.2332 0.00%-0.20% +0.01%— +0.030%— LS Chart →
Binance logoBinancespot$0.2333Hyperliquid logoHyperliquid$0.2332 -0.04%-0.24% -0.04%— +0.030%— LS Chart →
Bybit logoBybitspot$0.2333Hyperliquid logoHyperliquid$0.2332 -0.04%-0.24% -0.04%— +0.030%— LS Chart →
OKX logoOKXspot$0.2333Hyperliquid logoHyperliquid$0.2332 -0.04%-0.24% -0.04%— +0.030%— LS Chart →
Gate logoGatespot$0.2333Hyperliquid logoHyperliquid$0.2332 -0.04%-0.24% -0.04%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.2333Hyperliquid logoHyperliquid$0.2332 -0.04%-0.24% -0.04%— +0.030%— LS Chart →
Binance logoBinancespot$0.2333Bitget logoBitget$0.2332 -0.04%-0.24% -0.04%— +0.030%— LS Chart →
Bybit logoBybitspot$0.2333Bitget logoBitget$0.2332 -0.04%-0.24% -0.04%— +0.030%— LS Chart →
OKX logoOKXspot$0.2333Bitget logoBitget$0.2332 -0.04%-0.24% -0.04%— +0.030%— LS Chart →
Gate logoGatespot$0.2333Bitget logoBitget$0.2332 -0.04%-0.24% -0.04%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.2333Bitget logoBitget$0.2332 -0.04%-0.24% -0.04%— +0.030%— LS Chart →
Bitget logoBitgetspot$0.2334Hyperliquid logoHyperliquid$0.2332 -0.08%-0.28% -0.08%— +0.030%— LS Chart →
Bitget logoBitgetspot$0.2334Bitget logoBitget$0.2332 -0.09%-0.29% -0.08%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.2332Binance logoBinance$0.233 -0.09%-0.29% -0.08%— +0.018%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

WIF price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · WIFUSDTPerpetual $0.2329$0.233$0.233-0.11% +0.030%$9.78M
Gate logoGatePerpetual · WIF_USDTPerpetual $0.233$0.2331$0.2331-0.06% +0.030%$7.95M
OKX logoOKXPerpetual · WIF-USDT-SWAPPerpetual $0.2328$0.2329$0.2329-0.15% +0.028%$7.69M
KuCoin logoKuCoinSpot · WIF-USDTSpot $0.2331$0.2332$0.2332-0.02% —$5.83M
KuCoin logoKuCoinPerpetual · WIFUSDTMPerpetual $0.233$0.2332$0.2331-0.04% +0.030%$4.57M
MEXC logoMEXCPerpetual · WIF_USDTPerpetual $0.233$0.2331$0.2331-0.06% +0.018%$2.88M
Bitget logoBitgetPerpetual · WIFUSDTPerpetual $0.2332$0.2333$0.2333+0.02% +0.030%$2.63M
Bybit logoBybitSpot · WIFUSDTSpot $0.2332$0.2333$0.2333+0.02% —$1.55M
OKX logoOKXSpot · WIF-USDTSpot $0.2332$0.2333$0.2333+0.02% —$1.45M
Hyperliquid logoHyperliquidPerpetual · WIFPerpetual $0.2332$0.2335$0.2333+0.06% +0.030%$1.11M
HTX logoHTXPerpetual · WIF-USDTPerpetual $0.233$0.2335$0.2333+0.02% +0.015%$613.1K
Gate logoGateSpot · WIF_USDTSpot $0.2332$0.2333$0.2333+0.02% —$225.1K
Bitget logoBitgetSpot · WIFUSDTSpot $0.2332$0.2334$0.2333+0.04% —$149.8K
Variational logoVariationalPerpetual · WIFPerpetual $0.2327$0.2331$0.2329-0.13% +0.020%$28.8K
Binance logoBinancePerpetual · WIFUSDTPerpetual $0.233$0.2331$0.2331-0.06% +0.018%—
Aster logoAsterPerpetual · WIFUSDTPerpetual $0.2329$0.2332$0.233-0.06% +0.030%—
Binance logoBinanceSpot · WIFUSDTSpot $0.2332$0.2333$0.2333+0.02% ——
MEXC logoMEXCSpot · WIFUSDTSpot $0.2332$0.2333$0.2333+0.02% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

WIF arbitrage explained

Right now dogwifhat (WIF) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $0.2329 and the highest bid on Hyperliquid perp at $0.2332.

The widest WIF perpetual spread is between OKX and Hyperliquid: long WIF on OKX at $0.2329 and short on Hyperliquid at $0.2332 for +0.13% gross, or -0.03% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.002% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best WIF route is to buy spot on KuCoin and short the perpetual on Hyperliquid: +0.00% gross, -0.20% net, with +0.030% a day of funding on the short leg.

Spot–spot WIF arbitrage (buy on KuCoin, withdraw, deposit and sell on Binance) shows 0.00% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small WIF gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: WIF funding rates · WIF spread charts · dogwifhat price · arbitrage scanner for all coins.

Is there a WIF arbitrage opportunity right now?

The best WIF route right now is to buy on OKX → sell on Hyperliquid (Perp–Perp): +0.13% gross and -0.03% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest WIF?

OKX (perp) has the lowest WIF ask at $0.2329, and Hyperliquid (perp) the highest bid at $0.2332. Prices update every 15 seconds on this page.

How many exchanges list WIF?

ArbiLayer tracks 18 WIF markets on 11 venues: 11 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage WIF without transferring coins?

Use two perpetual contracts: go long WIF on the cheaper exchange (OKX now) and short it on the more expensive one (Hyperliquid), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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