Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.04 per $10,000 · paid last 24h −0.018%
Price spread now: Orderly against Bitget−0.042%53s7-day average −0.071% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 3 days (all we have)+0.090%+$9 · spread now −0.042%, 7d avg −0.071%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.029% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.071%. The two prices were read 53 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 | Bitget WIFUSDT | 0.2390 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $7.2M | $11.6M | 50x |
| Short | Orderly PERP_WIF_USDC | 0.2389 | 0.0091 | get 0.0046% / 4h | 1h 50m | $5K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bitget. 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
- −$1.84
- Price spread: −0.042% → −0.071%
- $2.9
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$16.94
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; Orderly: 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 Bitget live order book, 3 min ago | 2.09 bp | 14.2 bp −$14 | 21.4 bp −$214 | 108.0 bp −$10.8K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit WIF_USDC-PERPETUAL | −0.0168% | 1h | 0.2389 | −0.042% | $47K | $289K | 25x | as long as short |
| KuCoin WIFUSDTM | −0.0122% | 4h | 0.2390 | 0.000% | $4.3M | $11.3M | 75x | as long as short |
| Backpack WIF_USDC_PERP | −0.0078% | 1h | 0.2388 | −0.088% | $75K | $235K | 10x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2391 | +0.033% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2390 | 0.000% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | +0.209% | $10K | $10K | 12x | as long as short |
| Variational Omni WIF | +0.0086% | 4h | 0.2384 | −0.239% | $68K | $65K | — | as long as short |
| Orderly PERP_WIF_USDCshort | +0.0091% | 4h | 0.2389 | −0.042% | $5K | $1.3M | 10x | |
| Aster WIFUSDT | +0.0095% | 4h | 0.2390 | +0.005% | $25K | $255K | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2391 | +0.059% | $133K | $543K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex WIFUSDT | +0.0096% | 1h | 0.2388 | −0.084% | $53K | $482K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2392 | +0.079% | $7.4M | $4.0M | 5x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2390 | +0.017% | $75K | $48K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2389 | −0.032% | $17.6M | $99.8M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2389 | −0.046% | $16.7M | $34.8M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2388 | −0.084% | $6.1M | $30.5M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2391 | +0.042% | $1.2M | $6.9M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2390 | 0.000% | $21.4M | $10.6M | 50x | as long as short |
| Bitget WIFUSDTlong | +0.0100% | 4h | 0.2390 | long leg | $7.2M | $11.6M | 50x | |
| BingX WIF-USDT | +0.0100% | 4h | 0.2391 | +0.042% | — | $65.1M | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2398 | +0.335% | $276K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2391 | +0.042% | $42K | $618K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2384 | −0.251% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2389 | −0.063% | $549 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2388 | −0.084% | $165K | $714K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2388 | −0.068% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2389 | −0.063% | $80K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0184% / S −0.0987% | 1h | 0.2389 | −0.029% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2396 | +0.251% | $314K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2387 | −0.126% | $965K | $700K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0378% | 1h | 0.2391 | +0.046% | $629K | $2.1M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2388 | −0.070% | $0 | — | 15x | as long as short |
Bitget WIFUSDT
Deribit WIF_USDC-PERPETUAL
KuCoin WIFUSDTM
Backpack WIF_USDC_PERP
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Variational Omni WIF
Aster WIFUSDT
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
BingX WIF-USDT
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Kraken Futures PF_WIFUSD