Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.004%
Price spread now: Bybit against dYdX+0.043%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.043% dearer against dYdX 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX WIF-USD | 0.2497 | 0 | get 0.0000% / 1h | 27m 28s | $19K | $597 | 10x |
| Short | Bybit WIFUSDT | 0.2498 | 0.0100 | get 0.0050% / 4h | 27m 28s | $17.0M | $39.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against dYdX. 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
- $21
- Price spread: +0.043% → 0.000%
- $4.3
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $4.3
- Costs to cover
- 0.210%
- Break-even
- 5.6 days
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 1 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 2.01 bp | 11.8 bp −$12 | 32.4 bp −$324 | 184.1 bp −$18.4K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0185% | 1h | 0.2495 | −0.081% | $77K | $291K | 10x | as long as short |
| BloFin WIF-USDT | −0.0181% | 4h | 0.2488 | −0.342% | $996K | $827K | 75x | as long as short |
| dYdX WIF-USDlong | 0.0000% | 1h | 0.2497 | long leg | $19K | $597 | 10x | |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2497 | +0.019% | $807 | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | −1.063% | $11K | $10K | 12x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2500 | +0.147% | $140K | $630K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2500 | +0.139% | $57K | $497K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2497 | +0.033% | $33K | $284K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2498 | +0.077% | $78K | $60K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2499 | +0.095% | $18.9M | $118.5M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WIFUSDTshort | +0.0100% | 4h | 0.2498 | +0.043% | $17.0M | $39.7M | 50x | |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2498 | +0.059% | $6.0M | $36.2M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2498 | +0.059% | $1.2M | $7.7M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2498 | +0.059% | $23.1M | $11.4M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2497 | +0.019% | $4.6M | $14.5M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2498 | +0.059% | $7.6M | $13.3M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2498 | +0.059% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2485 | −0.459% | $76K | $69K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2488 | −0.342% | $282K | $2.3M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2491 | −0.221% | $46K | $624K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2495 | −0.061% | $5K | $1.3M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2490 | −0.261% | $2K | $2.9M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2495 | −0.041% | $581 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2494 | −0.101% | $166K | $695K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2500 | +0.124% | $9K | $147K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2495 | −0.079% | $83K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0134% / S −0.0013% | 1h | 0.2497 | +0.013% | $8K | — | 100x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.0151% | 1h | 0.2496 | −0.021% | $45K | $260K | 25x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0260% | 1h | 0.2497 | +0.007% | $648K | $2.3M | 50x | as long as short |
| Hyperliquid WIF | +0.0304% | 1h | 0.2503 | +0.243% | $8.1M | $4.9M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0328% | 1h | 0.2495 | −0.061% | $328K | $2.7M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2497 | +0.022% | $0 | — | 15x | as long as short |
Bybit WIFUSDT
Backpack WIF_USDC_PERP
BloFin WIF-USDT
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance 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
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
GMX WIF/USD [WBTC.b-USDC]
Deribit WIF_USDC-PERPETUAL
Kraken Futures PF_WIFUSD
Hyperliquid WIF
Coinbase International WIF-PERP-INTX