WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.05 per $10,000 · paid last 24h +3.906%

Price spread now: Hyperliquid against GMX+0.023%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Hyperliquid

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Hyperliquid is 0.023% dearer against GMX than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WIF/USD [WBTC.b-USDC]	0.2446	L +0.0191% / S −0.0138%	pay 0.0024% / 1h	43m 09s	$6K	—	100x
Short	Hyperliquid WIF	0.2447	0.0148	get 0.0019% / 1h	43m 09s	$7.7M	$4.1M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against GMX. 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 GMXbpFee HyperliquidbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$8.96
Price spread: +0.023% → 0.000%: $2.33
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$27.63
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 9 min ago. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 9 min ago	1.84 bp	16.1 bp −$16	doesn't fit	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack WIF_USDC_PERP	−0.0465%	1h	0.2440	−0.271%	$74K	$251K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0159%	1h	0.2445	−0.046%	$48K	$289K	25x	as long as short
Gate WIF_USDT	−0.0020%	4h	0.2443	−0.128%	$1.2M	$7.0M	50x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2443	−0.144%	$18K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2446	−0.025%	$16K	—	150x	as long as short
KuCoin WIFUSDTM	+0.0008%	4h	0.2443	−0.128%	$4.3M	$11.9M	75x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−2.090%	$10K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0040%	1h	0.2446	+0.004%	$633K	$2.2M	50x	as long as short
Orderly PERP_WIF_USDC	+0.0095%	4h	0.2446	−0.005%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2446	−0.022%	$146K	$580K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex WIFUSDT	+0.0096%	1h	0.2443	−0.128%	$54K	$484K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2445	−0.051%	$24K	$258K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2444	−0.073%	$76K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2445	−0.040%	$18.4M	$105.3M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2445	−0.054%	$16.9M	$36.4M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2442	−0.169%	$6.0M	$32.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2445	−0.046%	$22.0M	$10.9M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2444	−0.087%	$7.5M	$11.9M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2443	−0.128%	—	$65.7M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2443	−0.123%	$72K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2443	−0.146%	$270K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2443	−0.128%	$43K	$631K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2438	−0.332%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2445	−0.046%	$558	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2441	−0.210%	$168K	$745K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2444	−0.067%	$11K	$154K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2446	−0.022%	$82K	$85	3x	as long as short
Hyperliquid WIFshort	+0.0148%	1h	0.2447	+0.023%	$7.7M	$4.1M	5x
GMX WIF/USD [WBTC.b-USDC]long	L +0.0191% / S −0.0138%	1h	0.2446	long leg	$6K	—	100x
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2447	+0.036%	$331K	$2.4M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2446	−0.005%	$995K	$738K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2442	−0.184%	$0	—	15x	as long as short