WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.007%

Price spread now: Hyperliquid against Extended+0.143%7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$700.695% of the position

Long on Extended Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.143%, 7d avg +0.095%

Together, before fees+0.099%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.048% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.095%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WIF-USD	0.2502	0.0104	pay 0.0013% / 1h	20m 44s	$10K	$155K	25x
Short	Hyperliquid WIF	0.2506	0.0176	get 0.0022% / 1h	20m 44s	$8.0M	$4.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee HyperliquidbpOrdersPrice spread, now +0.143%Rate

Funding earned: $15.09
Price spread: +0.143% → +0.095%: $4.79
Slippage, 4 orders: −$55.52
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$49.63
Costs to cover: 0.695%
Break-even: 30.0 days

Slippage from Extended: live order book, 50 min ago; Hyperliquid: live order book, 2 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, 50 min ago	6.18 bp	18.2 bp −$18	104.2 bp −$1,042	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 2 min ago	4.18 bp	15.4 bp −$15	doesn't fit	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	−0.0247%	1h	0.2496	−0.249%	$76K	$254K	10x	as long as short
Gate WIF_USDT	−0.0164%	4h	0.2503	+0.023%	$1.3M	$7.2M	50x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0150%	1h	0.2500	−0.097%	$49K	$289K	25x	as long as short
KuCoin WIFUSDTM	−0.0050%	4h	0.2499	−0.137%	$4.5M	$12.1M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2502	−0.033%	$19K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2500	−0.078%	$12K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−1.296%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0039%	1h	0.2501	−0.069%	$656K	$2.3M	50x	as long as short
Lighter WIF	+0.0096%	1h	0.2503	+0.011%	$143K	$588K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2499	−0.137%	$57K	$497K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_WIF_USDC	+0.0097%	4h	0.2500	−0.097%	$5K	$1.3M	10x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2503	+0.014%	$35K	$274K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2501	−0.049%	$77K	$52K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2502	−0.017%	$19.3M	$107.6M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2500	−0.113%	$17.2M	$37.1M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2498	−0.177%	$6.0M	$34.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2503	+0.023%	$22.6M	$11.0M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2503	+0.023%	$7.6M	$12.2M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2502	−0.017%	—	$65.8M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2497	−0.213%	$74K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2501	−0.048%	$282K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2513	+0.423%	$43K	$631K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2495	−0.297%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2499	−0.121%	$568	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2499	−0.137%	$171K	$745K	75x	as long as short
Extended WIF-USDlong	+0.0104%	1h	0.2502	long leg	$10K	$155K	25x
Aevo WIF-PERP	+0.0104%	1h	0.2499	−0.136%	$83K	$85	3x	as long as short
Hyperliquid WIFshort	+0.0176%	1h	0.2506	+0.143%	$8.0M	$4.2M	5x
GMX WIF/USD [WBTC.b-USDC]	L +0.0190% / S −0.0050%	1h	0.2500	−0.079%	$8K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2502	−0.017%	$336K	$2.5M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2500	−0.097%	$1.0M	$709K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2498	−0.182%	$0	—	15x	as long as short