Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against Gate+0.042%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$760.759% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.042%, 7d avg −0.012%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.055% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WIF_USDT | 0.2374 | 0.0062 | pay 0.0031% / 4h | 2h 15m | $1.2M | $6.9M | 50x |
| Short | Binance WIFUSDT | 0.2375 | 0.0100 | get 0.0050% / 4h | 2h 15m | $17.6M | $99.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $7.98
- Price spread: +0.042% → −0.012%
- $5.46
- Slippage, 4 orders
- −$50.88
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$62.44
- Costs to cover
- 0.759%
- Break-even
- 61.8 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 12 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 Gate live order book, 3 min ago | 4.22 bp | 25.3 bp −$25 | 46.3 bp −$463 | 72.4 bp −$7,242 | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.11 bp | 13.5 bp −$14 | 24.5 bp −$245 | 100.5 bp −$10.1K | 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 | −0.0645% | 1h | 0.2372 | −0.101% | $73K | $235K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0592% | 1h | 0.2372 | −0.084% | $47K | $289K | 25x | as long as short |
| Injective WIF/USDC PERP | −0.0321% | 1h | 0.2395 | +0.885% | $10K | $10K | 12x | as long as short |
| KuCoin WIFUSDTM | −0.0190% | 4h | 0.2375 | +0.042% | $4.2M | $11.2M | 75x | as long as short |
| Kraken Futures PF_WIFUSD | −0.0077% | 1h | 0.2374 | 0.000% | $627K | $2.1M | 50x | as long as short |
| Variational Omni WIF | −0.0001% | 4h | 0.2379 | +0.226% | $68K | $47K | — | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2374 | −0.005% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2372 | −0.075% | $14K | — | 150x | as long as short |
| Aster WIFUSDT | +0.0041% | 4h | 0.2372 | −0.076% | $23K | $254K | 10x | as long as short |
| GRVT WIF_USDT_Perp | +0.0056% | 4h | 0.2372 | −0.070% | $273K | $1.8M | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WIF_USDTlong | +0.0062% | 4h | 0.2374 | long leg | $1.2M | $6.9M | 50x | |
| Orderly PERP_WIF_USDC | +0.0090% | 4h | 0.2372 | −0.084% | $5K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2376 | +0.093% | $132K | $540K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2376 | +0.084% | $53K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2379 | +0.211% | $7.4M | $4.0M | 5x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2375 | +0.055% | $75K | $48K | 5x | as long as short |
| Binance WIFUSDTshort | +0.0100% | 4h | 0.2375 | +0.042% | $17.6M | $99.3M | 75x | |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2375 | +0.042% | $16.6M | $34.6M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2377 | +0.126% | $6.0M | $30.2M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2375 | +0.042% | $21.2M | $10.8M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2376 | +0.084% | $7.2M | $11.5M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2375 | +0.042% | — | $65.0M | — | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2381 | +0.295% | $42K | $617K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2368 | −0.253% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2371 | −0.105% | $540 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2370 | −0.168% | $164K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2375 | +0.061% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2371 | −0.126% | $79K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0153% / S −0.0775% | 1h | 0.2373 | −0.059% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0272% | 1h | 0.2378 | +0.168% | $312K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2374 | 0.000% | $967K | $686K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2371 | −0.110% | $0 | — | 15x | as long as short |
Gate WIF_USDT
Binance WIFUSDT
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
Injective WIF/USDC PERP
KuCoin WIFUSDTM
Kraken Futures PF_WIFUSD
Variational Omni WIF
gTrade (Gains Network) WIF/USD
Aster WIFUSDT
GRVT WIF_USDT_Perp
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Pacifica WIF
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDT
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT