Funding you earn now, next payment 06:00 UTC+0.0122%/8h= +13.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.053%
Price spread now: Injective against Deribit+0.042%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 0.042% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 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 | Deribit WIF_USDC-PERPETUAL | 0.2397 | 0.0585 | pay 0.0073% / 1h | 21m 38s | $32K | $274K | 25x |
| Short | Injective WIF/USDC PERP | 0.2398 | 0.0707 | get 0.0088% / 1h | 21m 38s | $10K | $10K | 12x |
Deribit WIF_USDC-PERPETUAL
Injective WIF/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $25.55
- Price spread: +0.042% → 0.000%
- $4.17
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $22.7
- Costs to cover
- 0.070%
- Break-even
- 0.8 days
Slippage unknown: Deribit: live order book, 27 min ago; Injective: 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, 27 min ago | 6.12 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0142% | 4h | 0.2386 | −0.459% | $976K | $899K | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2404 | +0.274% | $13K | $597 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2393 | −0.150% | — | — | 150x | as long as short |
| Backpack WIF_USDC_PERP | +0.0011% | 1h | 0.2405 | +0.338% | $74K | $318K | 10x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0088% / S +0.0031% | 1h | 0.2393 | −0.150% | $8K | — | 100x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2405 | +0.350% | $146K | $670K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2391 | −0.250% | $51K | $570K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2405 | +0.315% | $8.5M | $6.2M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2404 | +0.291% | $29K | $330K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2405 | +0.322% | $76K | $69K | 5x | as long as short |
BloFin WIF-USDT
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Backpack WIF_USDC_PERP
GMX WIF/USD [WBTC.b-USDC]
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDT
Pacifica WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WIFUSDT | +0.0100% | 4h | 0.2406 | +0.375% | $18.6M | $139.5M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2405 | +0.334% | $16.3M | $46.3M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2406 | +0.375% | $5.5M | $39.8M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2404 | +0.292% | $1.1M | $8.9M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2406 | +0.375% | $21.6M | $12.0M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2404 | +0.292% | $4.0M | $16.0M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2408 | +0.459% | $7.3M | $15.4M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2409 | +0.501% | — | $27.1M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2376 | −0.872% | $87K | $174K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2378 | −0.785% | $275K | $2.7M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2377 | −0.834% | $44K | $629K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2395 | −0.083% | $4K | $1.1M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2398 | +0.042% | $1K | $3.0M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2401 | +0.150% | $554 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2387 | −0.417% | $154K | $829K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2407 | +0.410% | $11K | $165K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2400 | +0.128% | $80K | $85 | 3x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0249% | 1h | 0.2403 | +0.241% | $636K | $2.5M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0416% | 1h | 0.2384 | −0.542% | $319K | $3.0M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2393 | −0.183% | $0 | — | 15x | as long as short |
| Deribit WIF_USDC-PERPETUALlong | +0.0585% | 1h | 0.2397 | long leg | $32K | $274K | 25x | |
| Injective WIF/USDC PERPshort | +0.0707% | 1h | 0.2398 | +0.042% | $10K | $10K | 12x |
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDT
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
Kraken Futures PF_WIFUSD
Coinbase International WIF-PERP-INTX
Reya WIFRUSDPERP