Funding you earn now, next payment 04:00 UTC−0.0252%/8h= −27.6% APRnext payment −$0.31 per $10,000 · paid last 24h −0.051%
Price spread now: SoDEX against Coinbase International−0.160%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$8 a day on $10k at the current rate, and SoDEX is 0.160% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International WIF-PERP-INTX | 0.2505 | 0.0352 | pay 0.0044% / 1h | 1m 01s | $346K | $3.0M | 50x |
| Short | SoDEX WIF-USD | 0.2501 | 0.0100 | get 0.0013% / 1h | 1m 01s | $583 | $5K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Coinbase International. 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
- −$52.92
- Price spread: −0.160% → 0.000%
- −$15.97
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$86.89
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago | 7.95 bp | 23.6 bp −$24 | 37.2 bp −$372 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WIF-USDT | −0.0208% | 4h | 0.2499 | −0.240% | $1.1M | $905K | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2496 | −0.377% | $14K | $597 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2502 | −0.120% | $33K | $272K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2500 | −0.180% | — | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2555 | +1.996% | $11K | $10K | 12x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2503 | −0.072% | $144K | $654K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2502 | −0.120% | $52K | $564K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2499 | −0.220% | $44K | $313K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2497 | −0.310% | $78K | $67K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2498 | −0.262% | $19.8M | $131.7M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WIFUSDT | +0.0100% | 4h | 0.2497 | −0.327% | $17.1M | $43.5M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2497 | −0.319% | $6.0M | $38.9M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2498 | −0.279% | $1.2M | $8.4M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2499 | −0.240% | $23.1M | $11.7M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2497 | −0.319% | $4.2M | $15.5M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2494 | −0.439% | $7.7M | $14.7M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2499 | −0.240% | — | $26.7M | — | as long as short |
| Backpack WIF_USDC_PERP | +0.0100% | 1h | 0.2499 | −0.255% | $73K | $312K | 10x | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2500 | −0.197% | $86K | $146K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2530 | +0.984% | $284K | $2.6M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2514 | +0.359% | $46K | $628K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2502 | −0.120% | $5K | $1.2M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2496 | −0.359% | $2K | $3.0M | 50x | as long as short |
| SoDEX WIF-USDshort | +0.0100% | 1h | 0.2501 | −0.160% | $583 | $5K | 5x | |
| HTX WIF-USDT | +0.0100% | 4h | 0.2500 | −0.200% | $165K | $737K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2501 | −0.176% | $9K | $141K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2502 | −0.137% | $83K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0104% / S +0.0025% | 1h | 0.2501 | −0.149% | $9K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTXlong | +0.0352% | 1h | 0.2505 | long leg | $346K | $3.0M | 50x | |
| Kraken Futures PF_WIFUSD | +0.0367% | 1h | 0.2502 | −0.106% | $654K | $2.4M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2503 | −0.076% | $1 | — | 15x | as long as short |
| Hyperliquid WIF | +0.0796% | 1h | 0.2503 | −0.084% | $8.5M | $5.4M | 5x | as long as short |
Coinbase International WIF-PERP-INTX
SoDEX WIF-USD
BloFin WIF-USDT
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDT
Backpack WIF_USDC_PERP
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
HTX WIF-USDT
Extended WIF-USD
GMX WIF/USD [WBTC.b-USDC]
Kraken Futures PF_WIFUSD
Hyperliquid WIF