Funding you earn now, next payment 04:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.105%
Price spread now: Deribit against Extended+0.057%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$580.579% of the position
Funding, last 7 days−0.684%−$68 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.057%, 7d avg +0.020%
=Together, before fees−0.619%+ Points / potential airdropExtended: Active · farm board−$62 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.037% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.684%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended WIF-USD | 0.2480 | 0.0104 | pay 0.0013% / 1h | 51m 03s | $10K | $153K | 25x |
| Short | Deribit WIF_USDC-PERPETUAL | 0.2481 | 0.0153 | get 0.0019% / 1h | 51m 03s | $47K | $258K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. 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
- $10.34
- Price spread: +0.057% → +0.020%
- $3.7
- Slippage, 4 orders
- −$45.87
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$43.83
- Costs to cover
- 0.579%
- Break-even
- 36.7 days
Slippage from Extended: live order book, 5 min ago; Deribit: live order book, 7 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 Extended live order book, 5 min ago | 8.03 bp | 19.4 bp −$19 | 112.7 bp −$1,127 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 7 min ago | 6.05 bp | 9.6 bp −$10 | 18.9 bp −$189 | 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 | −0.0273% | 1h | 0.2479 | −0.015% | $85K | $275K | 10x | as long as short |
| BloFin WIF-USDT | −0.0183% | 4h | 0.2483 | +0.138% | $1.0M | $830K | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2482 | +0.080% | $19K | $597 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2482 | +0.084% | $802 | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | −0.386% | $11K | $10K | 12x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2483 | +0.130% | $139K | $629K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2484 | +0.178% | $57K | $497K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2481 | +0.055% | $34K | $283K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2482 | +0.084% | $77K | $57K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2484 | +0.161% | $19.1M | $115.7M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WIFUSDT | +0.0100% | 4h | 0.2479 | −0.027% | $17.0M | $38.8M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2481 | +0.057% | $5.9M | $35.3M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2480 | +0.017% | $1.2M | $7.6M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2482 | +0.098% | $22.6M | $11.1M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2479 | −0.023% | $4.5M | $13.8M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2482 | +0.098% | $7.5M | $12.9M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2479 | −0.023% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2478 | −0.061% | $75K | $69K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2489 | +0.361% | $285K | $2.2M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2493 | +0.541% | $46K | $624K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2481 | +0.057% | $5K | $1.3M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2478 | −0.064% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2481 | +0.041% | $566 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2480 | +0.017% | $166K | $695K | 75x | as long as short |
| Extended WIF-USDlong | +0.0104% | 1h | 0.2480 | long leg | $10K | $153K | 25x | |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2480 | +0.023% | $83K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0142% / S −0.0018% | 1h | 0.2482 | +0.094% | $8K | — | 100x | as long as short |
| Deribit WIF_USDC-PERPETUALshort | +0.0153% | 1h | 0.2481 | +0.057% | $47K | $258K | 25x | |
| Kraken Futures PF_WIFUSD | +0.0261% | 1h | 0.2482 | +0.112% | $648K | $2.3M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0328% | 1h | 0.2483 | +0.138% | $330K | $2.7M | 50x | as long as short |
| Hyperliquid WIF | +0.0332% | 1h | 0.2484 | +0.187% | $8.1M | $4.8M | 5x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2481 | +0.071% | $0 | — | 15x | as long as short |
Extended WIF-USD
Deribit WIF_USDC-PERPETUAL
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
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
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
GMX WIF/USD [WBTC.b-USDC]
Kraken Futures PF_WIFUSD
Coinbase International WIF-PERP-INTX
Hyperliquid WIF