WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h +0.166%

Price spread now: dYdX against Backpack+0.119%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.119% dearer against Backpack than usual: you sell high and buy low (spread +0.119% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack WIF_USDC_PERP	0.2471	0.0064	pay 0.0008% / 1h	30m 26s	$79K	$273K	10x
Short	dYdX WIF-USD	0.2474	0	get 0.0000% / 1h	30m 26s	$19K	$589	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Backpack. 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 BackpackbpFee dYdXbpOrdersPrice spread, now +0.119%Rate

Funding earned: −$13.41
Price spread: +0.119% → 0.000%: $11.85
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$21.55
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 38 min ago; dYdX: no order-book sample. 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 Backpack live order book, 38 min ago	0.41 bp	10.1 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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 31 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
Injective WIF/USDC PERP	−0.0783%	1h	0.2470	−0.028%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	−0.0074%	1h	0.2485	+0.575%	$645K	$2.3M	50x	as long as short
Gate WIF_USDT	−0.0066%	4h	0.2478	+0.295%	$1.2M	$7.4M	50x	as long as short
dYdX WIF-USDshort	0.0000%	1h	0.2474	+0.119%	$19K	$589	10x
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2479	+0.351%	$801	—	150x	as long as short
KuCoin WIFUSDTM	+0.0028%	4h	0.2479	+0.336%	$4.5M	$13.0M	75x	as long as short
Backpack WIF_USDC_PERPlong	+0.0064%	1h	0.2471	long leg	$79K	$273K	10x
Lighter WIF	+0.0096%	1h	0.2476	+0.223%	$139K	$624K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2480	+0.376%	$56K	$496K	20x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2481	+0.417%	$5K	$1.3M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2478	+0.298%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2477	+0.256%	$77K	$53K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2481	+0.428%	$18.8M	$112.4M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2480	+0.356%	$17.0M	$38.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2480	+0.376%	$5.9M	$34.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2479	+0.336%	$22.2M	$11.1M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2483	+0.498%	$7.5M	$12.4M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2478	+0.295%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2470	−0.024%	$75K	$70K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2463	−0.308%	$279K	$2.0M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2471	+0.012%	$42K	$629K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2476	+0.215%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2483	+0.518%	$569	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2467	−0.150%	$168K	$724K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2483	+0.491%	$11K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2482	+0.472%	$83K	$85	3x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0153%	1h	0.2481	+0.417%	$49K	$276K	25x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0174% / S −0.0039%	1h	0.2480	+0.359%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0220%	1h	0.2482	+0.470%	$8.0M	$4.7M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0304%	1h	0.2474	+0.134%	$325K	$2.5M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2477	+0.250%	$0	—	15x	as long as short