WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0065%/8h= +7.1% APRnext payment +$0.08 per $10,000 · paid last 24h +0.012%

Price spread now: Hyperliquid against ApeX Omni−0.349%85s7-day average +0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$690.691% of the position

Long on ApeX Omni Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 3 days (all we have)−0.179%−$18 · spread now −0.349%, 7d avg +0.073%

Together, before fees−0.172%+ Points / potential airdropHyperliquid: Season 2 · farm board−$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.422% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.349% now, against its 7-day average of +0.073%). If the spread goes back, that is −$42 on $10k: about 22 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.007% in total) that is about 14 months. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni WIFUSDT	0.2379	0.0035	pay 0.0004% / 1h	57m 52s	$42K	$618K	25x
Short	Hyperliquid WIF	0.2371	0.0100	get 0.0013% / 1h	57m 52s	$7.4M	$4.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against ApeX 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 ApeX OmnibpFee HyperliquidbpOrdersPrice spread, now −0.349%Rate

Funding earned: $13.71
Price spread: −0.349% → +0.073%: −$42.22
Slippage, 4 orders: −$50.07
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$97.58
Costs to cover: 0.691%
Break-even: 56.8 days

Slippage from ApeX Omni: live order book, 30 min ago; Hyperliquid: live order book, 4 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 ApeX Omni live order book, 30 min ago	12.58 bp	20.8 bp −$21	117.2 bp −$1,172	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 4 min ago	0.21 bp	14.8 bp −$15	doesn't fit	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
Backpack WIF_USDC_PERP	−0.1097%	1h	0.2366	−0.538%	$70K	$235K	10x	as long as short
Injective WIF/USDC PERP	−0.0321%	1h	0.2395	+0.673%	$10K	$10K	12x	as long as short
KuCoin WIFUSDTM	−0.0216%	4h	0.2369	−0.420%	$4.3M	$11.0M	75x	as long as short
Gate WIF_USDT	−0.0168%	4h	0.2369	−0.420%	$1.2M	$6.9M	50x	as long as short
Variational Omni WIF	−0.0135%	4h	0.2371	−0.356%	$67K	$51K	—	as long as short
GRVT WIF_USDT_Perp	−0.0084%	4h	0.2373	−0.252%	$265K	$1.8M	10x	as long as short
Kraken Futures PF_WIFUSD	−0.0077%	1h	0.2369	−0.441%	$620K	$2.1M	50x	as long as short
Aster WIFUSDT	−0.0023%	4h	0.2368	−0.460%	$23K	$254K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2366	−0.546%	$18K	$582	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2369	−0.420%	$48K	$291K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2368	−0.472%	$14K	—	150x	as long as short
ApeX Omni WIFUSDTlong	+0.0035%	1h	0.2379	long leg	$42K	$618K	25x
Orderly PERP_WIF_USDC	+0.0089%	4h	0.2366	−0.546%	$4K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2367	−0.504%	$131K	$540K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2367	−0.504%	$52K	$483K	20x	as long as short
Hyperliquid WIFshort	+0.0100%	1h	0.2371	−0.349%	$7.4M	$4.0M	5x
Pacifica WIF	+0.0100%	1h	0.2367	−0.519%	$75K	$48K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2369	−0.420%	$17.6M	$99.0M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2369	−0.420%	$16.6M	$34.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2368	−0.462%	$6.1M	$29.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2369	−0.420%	$21.3M	$10.7M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2371	−0.336%	$7.2M	$11.6M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2369	−0.420%	—	$64.9M	—	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2362	−0.715%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2366	−0.555%	$534	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2360	−0.799%	$164K	$716K	75x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0103% / S −0.0417%	1h	0.2368	−0.471%	$4K	—	100x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2370	−0.379%	$9K	$152K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2366	−0.534%	$79K	$85	3x	as long as short
Coinbase International WIF-PERP-INTX	+0.0272%	1h	0.2368	−0.462%	$308K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2365	−0.588%	$982K	$690K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2367	−0.492%	$0	—	15x	as long as short