Funding you earn now, next payment 04:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.13 per $10,000 · paid last 24h +3.810%
Price spread now: Injective against GMX−0.161%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Injective is 0.161% cheaper against GMX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WIF/USD [WBTC.b-USDC] | 0.2474 | L +0.0141% / S −0.0017% | pay 0.0018% / 1h | 47m 54s | $8K | — | 100x |
| Short | Injective WIF/USDC PERP | 0.2470 | 0.0033 | get 0.0004% / 1h | 47m 54s | $11K | $10K | 12x |
GMX WIF/USD [WBTC.b-USDC]
Injective WIF/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against GMX. 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
- −$22.62
- Price spread: −0.161% → 0.000%
- −$16.13
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$50.77
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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 | −0.0290% | 1h | 0.2472 | −0.097% | $81K | $278K | 10x | as long as short |
| BloFin WIF-USDT | −0.0183% | 4h | 0.2468 | −0.242% | $1.0M | $825K | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2471 | −0.139% | $19K | $597 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2474 | +0.016% | $800 | — | 150x | as long as short |
| Injective WIF/USDC PERPshort | +0.0033% | 1h | 0.2470 | −0.161% | $11K | $10K | 12x | |
| Lighter WIF | +0.0096% | 1h | 0.2475 | +0.033% | $139K | $629K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2475 | +0.041% | $57K | $497K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2475 | +0.026% | $34K | $283K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2472 | −0.071% | $76K | $57K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2472 | −0.067% | $19.1M | $115.8M | 75x | as long as short |
Backpack WIF_USDC_PERP
BloFin WIF-USDT
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WIFUSDT | +0.0100% | 4h | 0.2468 | −0.246% | $17.0M | $38.9M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2472 | −0.080% | $5.9M | $35.3M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2470 | −0.161% | $1.2M | $7.6M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2472 | −0.080% | $22.4M | $11.1M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2472 | −0.080% | $4.5M | $13.9M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2472 | −0.080% | $7.4M | $13.0M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2467 | −0.283% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2478 | +0.165% | $75K | $69K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2489 | +0.588% | $285K | $2.2M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2483 | +0.364% | $45K | $624K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2473 | −0.040% | $5K | $1.3M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2470 | −0.161% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2472 | −0.060% | $566 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2467 | −0.283% | $165K | $695K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2471 | −0.118% | $8K | $149K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2472 | −0.065% | $82K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]long | L +0.0141% / S −0.0017% | 1h | 0.2474 | long leg | $8K | — | 100x | |
| Deribit WIF_USDC-PERPETUAL | +0.0155% | 1h | 0.2473 | −0.040% | $44K | $260K | 25x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0262% | 1h | 0.2474 | −0.017% | $646K | $2.3M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0328% | 1h | 0.2475 | +0.041% | $329K | $2.7M | 50x | as long as short |
| Hyperliquid WIF | +0.0376% | 1h | 0.2479 | +0.207% | $8.1M | $4.8M | 5x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2472 | −0.097% | $0 | — | 15x | as long as short |
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
Orderly PERP_WIF_USDC
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
Deribit WIF_USDC-PERPETUAL
Kraken Futures PF_WIFUSD
Coinbase International WIF-PERP-INTX
Hyperliquid WIF
Reya WIFRUSDPERP