Funding you earn now, next payment 01:00 UTC+0.0270%/8h= +29.6% APRnext payment +$0.34 per $10,000 · paid last 24h +0.186%
Price spread now: SoDEX against Backpack+0.044%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and SoDEX is 0.044% dearer against Backpack than usual: you sell high and buy low: +$4 more if the spread 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 | Backpack WIF_USDC_PERP | 0.2509 | −0.0170 | get 0.0021% / 1h | 14m 55s | $77K | $256K | 10x |
| Short | SoDEX WIF-USD | 0.2510 | 0.0100 | get 0.0013% / 1h | 14m 55s | $571 | $5K | 5x |
Backpack WIF_USDC_PERP
SoDEX WIF-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $56.75
- Price spread: +0.044% → 0.000%
- $4.38
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $43.14
- Costs to cover
- 0.180%
- Break-even
- 1.7 days
Slippage unknown: Backpack: live order book, 58 min ago; SoDEX: 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, 58 min ago | 0.21 bp | 8.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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_PERPlong | −0.0170% | 1h | 0.2509 | long leg | $77K | $256K | 10x | |
| Gate WIF_USDT | −0.0162% | 4h | 0.2509 | 0.000% | $1.3M | $7.2M | 50x | as long as short |
| KuCoin WIFUSDTM | −0.0044% | 4h | 0.2510 | +0.040% | $4.5M | $12.2M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2507 | −0.095% | $19K | $589 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2511 | +0.080% | $49K | $289K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2510 | +0.059% | $12K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | −1.554% | $11K | $10K | 12x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0039% | 1h | 0.2512 | +0.103% | $658K | $2.3M | 50x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2511 | +0.100% | $149K | $595K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2511 | +0.080% | $57K | $496K | 20x | as long as short |
Gate WIF_USDT
KuCoin WIFUSDTM
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD
Lighter WIF
Popdex WIFUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_WIF_USDC | +0.0098% | 4h | 0.2511 | +0.080% | $5K | $1.3M | 10x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2511 | +0.081% | $35K | $274K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2508 | −0.021% | $78K | $51K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2513 | +0.142% | $19.3M | $108.0M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2512 | +0.120% | $17.3M | $37.1M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2511 | +0.080% | $6.1M | $34.3M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2514 | +0.199% | $22.7M | $11.0M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2514 | +0.199% | $7.7M | $12.2M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2511 | +0.080% | — | $65.8M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2503 | −0.255% | $74K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2496 | −0.518% | $280K | $1.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2495 | −0.558% | $43K | $631K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2506 | −0.120% | $985 | $2.8M | 50x | as long as short |
| SoDEX WIF-USDshort | +0.0100% | 1h | 0.2510 | +0.044% | $571 | $5K | 5x | |
| HTX WIF-USDT | +0.0100% | 4h | 0.2508 | −0.040% | $172K | $745K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2511 | +0.098% | $10K | $155K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2511 | +0.067% | $84K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0188% / S −0.0049% | 1h | 0.2510 | +0.053% | $8K | — | 100x | as long as short |
| Hyperliquid WIF | +0.0206% | 1h | 0.2516 | +0.287% | $8.0M | $4.2M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0288% | 1h | 0.2512 | +0.120% | $339K | $2.5M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2512 | +0.120% | $1.0M | $710K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2509 | +0.005% | $1 | — | 15x | as long as short |
Orderly PERP_WIF_USDC
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDT
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Hyperliquid WIF
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Reya WIFRUSDPERP