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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h −0.036%
Price spread now: GMX against gTrade (Gains Network)−0.009%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) WIF/USD0.2471L +0.0002% / S +0.0001%pay 0.0000% / 1h33m 24s$799150x
ShortGMX WIF/USD [WBTC.b-USDC]0.2471L +0.0156% / S −0.0027%get 0.0003% / 1h33m 24s$8K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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
$5.37
Price spread: −0.009% → 0.000%
−$0.89
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$17.52
Costs to cover
0.220%
Break-even
29.9 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) 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−0.0176%4h0.2472+0.027%$1.0M$824K75xas long as short
dYdX WIF-USD0.0000%1h0.2468−0.155%$18K$58910xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2465−0.256%$46K$258K25xas long as short
gTrade (Gains Network) WIF/USDlongL +0.0002% / S +0.0001%1h0.2471long leg$799150x
Injective WIF/USDC PERP+0.0033%1h0.2470−0.054%$11K$10K12xas long as short
Backpack WIF_USDC_PERP+0.0037%1h0.2464−0.301%$77K$280K10xas long as short
Gate WIF_USDT+0.0044%4h0.2469−0.094%$1.2M$7.5M50xas long as short
Lighter WIF+0.0096%1h0.2470−0.062%$140K$627K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2471−0.013%$57K$497K20xas long as short
Aster WIFUSDT+0.0100%4h0.2469−0.092%$34K$283K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica WIF+0.0100%1h0.2470−0.066%$76K$56K5xas long as short
Binance WIFUSDT+0.0100%4h0.2472+0.027%$18.8M$114.5M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2470−0.046%$17.0M$38.4M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2472+0.027%$5.9M$35.0M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2472+0.027%$22.3M$11.0M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2470−0.054%$4.4M$13.5M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2471−0.013%$7.4M$12.7M50xas long as short
BingX WIF-USDC+0.0100%4h0.2467−0.175%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2463−0.336%$75K$69Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2470−0.066%$284K$2.1M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2470−0.054%$42K$628K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2473+0.068%$5K$1.3M10xas long as short
SunX WIF-USDT+0.0100%4h0.2466−0.216%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2466−0.216%$570$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2459−0.499%$166K$691K75xas long as short
Extended WIF-USD+0.0104%1h0.2468−0.142%$11K$155K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2472+0.035%$82K$853xas long as short
Kraken Futures PF_WIFUSD+0.0138%1h0.2467−0.189%$646K$2.3M50xas long as short
GMX WIF/USD [WBTC.b-USDC]shortL +0.0156% / S −0.0027%1h0.2471−0.009%$8K100x
Hyperliquid WIF+0.0293%1h0.2477+0.209%$8.0M$4.7M5xas long as short
Coinbase International WIF-PERP-INTX+0.0312%1h0.2466−0.216%$329K$2.6M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2471−0.031%$015xas long as short