Funding you earn now, next payment 01:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h +0.127%
Price spread now: Extended against Deribit−0.062%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs+$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$590.593% of the position
Funding, last 7 days+0.700%+$70 on $10k
+Price spread, last 3 days (all we have)−0.050%−$5 · spread now −0.062%, 7d avg −0.019%
=Together, before fees+0.650%+ Points / potential airdropExtended: Active · farm board+$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.043% cheaper against Deribit than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of −0.019%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit WIF_USDC-PERPETUAL | 0.2438 | −0.0160 | get 0.0020% / 1h | 40m 45s | $48K | $289K | 25x |
| Short | Extended WIF-USD | 0.2436 | 0.0104 | get 0.0013% / 1h | 40m 45s | $11K | $154K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $55.44
- Price spread: −0.062% → −0.019%
- −$4.27
- Slippage, 4 orders
- −$47.29
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$8.12
- Costs to cover
- 0.593%
- Break-even
- 8.0 days
Slippage from Deribit: live order book, 33 min ago; Extended: live order book, 30 min ago.
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, 33 min ago | 6.16 bp | 13.3 bp −$13 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell Extended live order book, 30 min ago | 6.18 bp | 18.2 bp −$18 | 89.7 bp −$897 | doesn't fit | doesn't fit |
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 | −0.0402% | 1h | 0.2435 | −0.131% | $75K | $252K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUALlong | −0.0160% | 1h | 0.2438 | long leg | $48K | $289K | 25x | |
| Gate WIF_USDT | −0.0048% | 4h | 0.2438 | 0.000% | $1.2M | $7.0M | 50x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2445 | +0.271% | $18K | $589 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2439 | +0.023% | $16K | — | 150x | as long as short |
| KuCoin WIFUSDTM | +0.0004% | 4h | 0.2439 | +0.041% | $4.3M | $11.9M | 75x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −1.764% | $10K | $10K | 12x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0040% | 1h | 0.2439 | +0.035% | $631K | $2.2M | 50x | as long as short |
| Orderly PERP_WIF_USDC | +0.0095% | 4h | 0.2439 | +0.041% | $5K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2445 | +0.275% | $145K | $581K | 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 | 0.2441 | +0.123% | $54K | $483K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2440 | +0.083% | $24K | $258K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2445 | +0.272% | $76K | $51K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2444 | +0.239% | $18.4M | $105.4M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2447 | +0.369% | $16.9M | $36.4M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2447 | +0.369% | $5.9M | $32.9M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2445 | +0.287% | $22.0M | $10.9M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2447 | +0.369% | $7.5M | $11.9M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2439 | +0.041% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2441 | +0.128% | $72K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2443 | +0.211% | $276K | $1.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2443 | +0.205% | $43K | $631K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2433 | −0.205% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2437 | −0.033% | $557 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2434 | −0.164% | $168K | $745K | 75x | as long as short |
| Extended WIF-USDshort | +0.0104% | 1h | 0.2436 | −0.062% | $11K | $154K | 25x | |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2437 | −0.028% | $81K | $85 | 3x | as long as short |
| Hyperliquid WIF | +0.0139% | 1h | 0.2444 | +0.250% | $7.7M | $4.1M | 5x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0191% / S −0.0138% | 1h | 0.2438 | −0.006% | $6K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0288% | 1h | 0.2441 | +0.123% | $323K | $2.4M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2436 | −0.082% | $991K | $733K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2437 | −0.056% | $0 | — | 15x | as long as short |
Deribit WIF_USDC-PERPETUAL
Extended WIF-USD
Backpack WIF_USDC_PERP
Gate WIF_USDT
gTrade (Gains Network) WIF/USD
KuCoin WIFUSDTM
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
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
Hyperliquid WIF
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT