Funding you earn now, next payment 23:00 UTC+0.0998%/8h= +109.3% APRpaid last 24h −0.073%
Price spread now: GMX against Binance+0.218%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 +$30 a day on $10k at the current rate, and GMX is 0.218% dearer against Binance than usual: you sell high and buy low: +$22 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 | Binance WIFUSDT | 0.2405 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $17.9M | $100.6M | 75x |
| Short | GMX WIF/USD [WBTC.b-USDC] | 0.2410 | L +0.0200% / S −0.1098% | get 0.0137% / 1h | 38m 06s | $4K | — | 100x |
Binance WIFUSDT
GMX WIF/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Binance. 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
- $209.64
- Price spread: +0.218% → 0.000%
- $21.83
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $209.47
- Costs to cover
- 0.220%
- Break-even
- 0.0 days
Slippage unknown: Binance: live order book, 5 min ago; GMX: 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 Binance live order book, 5 min ago | 2.08 bp | 9.8 bp −$10 | 19.5 bp −$195 | 97.3 bp −$9,728 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | −0.0219% | 1h | 0.2404 | −0.035% | $76K | $239K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0165% | 1h | 0.2409 | +0.169% | $47K | $289K | 25x | as long as short |
| KuCoin WIFUSDTM | −0.0092% | 4h | 0.2405 | +0.002% | $4.3M | $11.4M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2412 | +0.278% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2411 | +0.234% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −0.413% | $10K | $10K | 12x | as long as short |
| Orderly PERP_WIF_USDC | +0.0092% | 4h | 0.2409 | +0.169% | $5K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2407 | +0.090% | $135K | $548K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2410 | +0.210% | $54K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2409 | +0.156% | $7.5M | $4.0M | 5x | as long as short |
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
KuCoin WIFUSDTM
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Orderly PERP_WIF_USDC
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2407 | +0.093% | $25K | $255K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2411 | +0.234% | $76K | $49K | 5x | as long as short |
| Binance WIFUSDTlong | +0.0100% | 4h | 0.2405 | long leg | $17.9M | $100.6M | 75x | |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2404 | −0.060% | $16.7M | $35.0M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2405 | +0.002% | $6.0M | $31.0M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2406 | +0.044% | $1.2M | $6.9M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2406 | +0.044% | $21.5M | $10.6M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2406 | +0.044% | $7.4M | $11.7M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2403 | −0.081% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2420 | +0.635% | $70K | $67K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2424 | +0.793% | $276K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2422 | +0.709% | $43K | $617K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2404 | −0.039% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2407 | +0.065% | $553 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2406 | +0.044% | $167K | $718K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2406 | +0.026% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2407 | +0.065% | $80K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]short | L +0.0200% / S −0.1098% | 1h | 0.2410 | +0.218% | $4K | — | 100x | |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2408 | +0.127% | $315K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2411 | +0.252% | $974K | $708K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0376% | 1h | 0.2409 | +0.155% | $629K | $2.1M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2409 | +0.157% | $0 | — | 15x | as long as short |
Aster WIFUSDT
Pacifica WIF
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Kraken Futures PF_WIFUSD
Reya WIFRUSDPERP