Funding you earn now, next payment 04:00 UTC−0.0150%/8h= −16.4% APRnext payment −$0.19 per $10,000 · paid last 24h +0.081%
Price spread now: dYdX against Deribit−0.099%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$4 a day on $10k at the current rate, and dYdX is 0.099% cheaper against Deribit than usual: you would sell low and buy high (−$10 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 | Deribit WIF_USDC-PERPETUAL | 0.2504 | 0.0150 | pay 0.0019% / 1h | 26m 02s | $45K | $256K | 25x |
| Short | dYdX WIF-USD | 0.2502 | 0 | get 0.0000% / 1h | 26m 02s | $19K | $597 | 10x |
Deribit WIF_USDC-PERPETUAL
dYdX WIF-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Deribit. 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
- −$31.4
- Price spread: −0.099% → 0.000%
- −$9.89
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$58.28
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 32 min ago; dYdX: 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 Deribit live order book, 32 min ago | 6.05 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.0181% | 4h | 0.2498 | −0.240% | $1.0M | $831K | 75x | as long as short |
| Backpack WIF_USDC_PERP | −0.0163% | 1h | 0.2504 | −0.012% | $77K | $291K | 10x | as long as short |
| dYdX WIF-USDshort | 0.0000% | 1h | 0.2502 | −0.099% | $19K | $597 | 10x | |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2502 | −0.080% | $808 | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | −1.358% | $11K | $10K | 12x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2505 | +0.032% | $139K | $631K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2499 | −0.200% | $57K | $497K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2502 | −0.077% | $33K | $284K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2502 | −0.067% | $78K | $60K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2507 | +0.120% | $18.9M | $118.6M | 75x | as long as short |
BloFin WIF-USDT
Backpack WIF_USDC_PERP
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WIFUSDT | +0.0100% | 4h | 0.2506 | +0.080% | $17.1M | $39.8M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2507 | +0.120% | $6.0M | $36.3M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2506 | +0.080% | $1.2M | $7.7M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2503 | −0.040% | $23.1M | $11.4M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2504 | 0.000% | $4.6M | $14.5M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2506 | +0.080% | $7.7M | $13.3M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2504 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2501 | −0.118% | $76K | $69K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2488 | −0.639% | $282K | $2.3M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2491 | −0.519% | $46K | $624K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2502 | −0.080% | $5K | $1.3M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2498 | −0.240% | $1K | $2.9M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2504 | −0.020% | $583 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2500 | −0.160% | $168K | $695K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2503 | −0.044% | $9K | $147K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2502 | −0.060% | $83K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0134% / S −0.0013% | 1h | 0.2501 | −0.100% | $8K | — | 100x | as long as short |
| Deribit WIF_USDC-PERPETUALlong | +0.0150% | 1h | 0.2504 | long leg | $45K | $256K | 25x | |
| Kraken Futures PF_WIFUSD | +0.0259% | 1h | 0.2506 | +0.085% | $651K | $2.3M | 50x | as long as short |
| Hyperliquid WIF | +0.0301% | 1h | 0.2511 | +0.281% | $8.2M | $4.9M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0328% | 1h | 0.2503 | −0.040% | $330K | $2.7M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2499 | −0.196% | $0 | — | 15x | as long as short |
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
Orderly PERP_WIF_USDC
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Kraken Futures PF_WIFUSD
Hyperliquid WIF
Coinbase International WIF-PERP-INTX
Reya WIFRUSDPERP