Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.032%
Price spread now: GMX against dYdX−0.052%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.052% cheaper against dYdX than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 14 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WIF-USD0.25050get 0.0000% / 1h25m 11s$19K$59710x
ShortGMX WIF/USD [WBTC.b-USDC]0.2503L +0.0134% / S −0.0013%get 0.0002% / 1h25m 11s$8K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against dYdX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$2.64
Price spread: −0.052% → 0.000%
−$5.15
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$24.51
Costs to cover
0.220%
Break-even
72.0 days
Slippage unknown: dYdX: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell GMX no order-book sample
dYdX and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin WIF-USDT−0.0187%4h0.2499−0.221%$997K$833K75xas long as short
Backpack WIF_USDC_PERP−0.0149%1h0.2495−0.369%$76K$291K10xas long as short
dYdX WIF-USDlong0.0000%1h0.2505long leg$19K$59710x
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2504−0.021%$45K$256K25xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2503−0.048%$809150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2470−1.379%$11K$10K12xas long as short
Lighter WIF+0.0096%1h0.2503−0.069%$139K$631K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2506+0.059%$57K$497K20xas long as short
Aster WIFUSDT+0.0100%4h0.2506+0.068%$33K$284K10xas long as short
Pacifica WIF+0.0100%1h0.2507+0.111%$78K$60K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WIFUSDT+0.0100%4h0.2503−0.071%$18.9M$118.7M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2500−0.201%$17.0M$39.8M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2497−0.301%$6.0M$36.2M50xas long as short
Gate WIF_USDT+0.0100%4h0.2499−0.221%$1.2M$7.7M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2498−0.261%$23.0M$11.4M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2499−0.221%$4.6M$14.4M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2494−0.420%$7.6M$13.3M50xas long as short
BingX WIF-USDC+0.0100%4h0.2501−0.141%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2501−0.139%$76K$69Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2501−0.141%$284K$2.3M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2500−0.181%$46K$624K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2504−0.021%$5K$1.3M10xas long as short
SunX WIF-USDT+0.0100%4h0.2499−0.221%$1K$2.9M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2504−0.041%$583$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2501−0.141%$167K$699K75xas long as short
Extended WIF-USD+0.0104%1h0.2503−0.068%$9K$147K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2503−0.061%$84K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]shortL +0.0134% / S −0.0013%1h0.2503−0.052%$8K100x
Kraken Futures PF_WIFUSD+0.0259%1h0.2504−0.007%$650K$2.3M50xas long as short
Hyperliquid WIF+0.0296%1h0.2500−0.173%$8.1M$4.9M5xas long as short
Coinbase International WIF-PERP-INTX+0.0328%1h0.2504−0.021%$330K$2.8M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2504−0.019%$115xas long as short