WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.014%

Price spread now: Orderly against Bybit+0.120%7-day average +0.003% · you sell dearer than you buy

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

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 3 days (all we have)−0.056%−$6 · spread now +0.120%, 7d avg +0.003%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.117% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit WIFUSDT	0.2496	0.0100	pay 0.0050% / 4h	3h 13m	$17.2M	$37.2M	50x
Short	Orderly PERP_WIF_USDC	0.2499	0.0098	get 0.0049% / 4h	3h 13m	$5K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. 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 BybitbpFee OrderlybpOrdersPrice spread, now +0.120%Rate

Funding earned: −$0.36
Price spread: +0.120% → +0.003%: $11.68
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$5.69
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago	2.00 bp	13.7 bp −$14	32.2 bp −$322	154.1 bp −$15.4K	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
Gate WIF_USDT	−0.0192%	4h	0.2498	+0.080%	$1.3M	$7.2M	50x	as long as short
Backpack WIF_USDC_PERP	−0.0162%	1h	0.2497	+0.020%	$76K	$256K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0150%	1h	0.2499	+0.120%	$49K	$289K	25x	as long as short
KuCoin WIFUSDTM	−0.0046%	4h	0.2495	−0.040%	$4.5M	$12.2M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2503	+0.264%	$19K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2500	+0.180%	$12K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−1.042%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0039%	1h	0.2500	+0.152%	$654K	$2.3M	50x	as long as short
Lighter WIF	+0.0096%	1h	0.2499	+0.120%	$148K	$595K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2502	+0.240%	$57K	$496K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_WIF_USDCshort	+0.0098%	4h	0.2499	+0.120%	$5K	$1.3M	10x
Aster WIFUSDT	+0.0100%	4h	0.2501	+0.187%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2503	+0.268%	$77K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2499	+0.120%	$19.2M	$108.2M	75x	as long as short
Bybit WIFUSDTlong	+0.0100%	4h	0.2496	long leg	$17.2M	$37.2M	50x
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2495	−0.040%	$6.0M	$34.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2497	+0.040%	$22.7M	$11.1M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2497	+0.040%	$7.6M	$12.2M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2502	+0.240%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2503	+0.265%	$74K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2511	+0.594%	$285K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2511	+0.601%	$43K	$631K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2495	−0.040%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2498	+0.100%	$568	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2498	+0.080%	$171K	$745K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2495	−0.042%	$10K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2500	+0.140%	$83K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0188% / S −0.0048%	1h	0.2500	+0.152%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0206%	1h	0.2503	+0.276%	$8.0M	$4.2M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2500	+0.160%	$337K	$2.5M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2499	+0.120%	$1.0M	$706K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2499	+0.105%	$0	—	15x	as long as short