Funding you earn now, next payment 05:00 UTC+0.0241%/8h= +26.4% APRnext payment +$0.30 per $10,000 · paid last 24h +3.823%
Price spread now: Kraken Futures against GMX+0.094%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.094% dearer against GMX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WIF/USD [WBTC.b-USDC] | 0.2572 | L +0.0116% / S −0.0001% | pay 0.0015% / 1h | 29m 49s | $8K | — | 100x |
| Short | Kraken Futures PF_WIFUSD | 0.2574 | 0.0357 | get 0.0045% / 1h | 29m 49s | $673K | $2.4M | 50x |
GMX WIF/USD [WBTC.b-USDC]
Kraken Futures PF_WIFUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $50.62
- Price spread: +0.094% → 0.000%
- $9.41
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $38.04
- Costs to cover
- 0.220%
- Break-even
- 1.7 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago | 7.77 bp | 25.4 bp −$25 | 48.2 bp −$482 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WIF-USDT | −0.0195% | 4h | 0.2576 | +0.154% | $1.1M | $917K | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2580 | +0.291% | $14K | $597 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2573 | +0.038% | $40K | $263K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2571 | −0.030% | — | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2555 | −0.662% | $11K | $10K | 12x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2576 | +0.139% | $147K | $652K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2576 | +0.154% | $53K | $562K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2573 | +0.051% | $45K | $310K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2580 | +0.318% | $80K | $64K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2574 | +0.070% | $20.5M | $127.4M | 75x | as long as short |
BloFin WIF-USDT
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
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 | 0.2571 | −0.040% | $17.6M | $42.5M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2573 | +0.038% | $6.2M | $39.2M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2573 | +0.038% | $1.2M | $8.2M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2571 | −0.040% | $23.7M | $11.6M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2570 | −0.079% | $4.3M | $15.2M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2572 | −0.001% | $7.9M | $14.4M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2574 | +0.077% | — | $23.9M | — | as long as short |
| Backpack WIF_USDC_PERP | +0.0100% | 1h | 0.2571 | −0.040% | $79K | $303K | 10x | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2573 | +0.040% | $97K | $136K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2571 | −0.035% | $295K | $2.5M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2572 | −0.001% | $47K | $624K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2574 | +0.077% | $5K | $1.2M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2569 | −0.118% | $2K | $2.9M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2574 | +0.057% | $602 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2575 | +0.115% | $169K | $734K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2570 | −0.089% | $12K | $155K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2574 | +0.059% | $86K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]long | L +0.0116% / S −0.0001% | 1h | 0.2572 | long leg | $8K | — | 100x | |
| Coinbase International WIF-PERP-INTX | +0.0352% | 1h | 0.2577 | +0.193% | $348K | $3.0M | 50x | as long as short |
| Kraken Futures PF_WIFUSDshort | +0.0357% | 1h | 0.2574 | +0.094% | $673K | $2.4M | 50x | |
| Hyperliquid WIF | +0.0516% | 1h | 0.2579 | +0.255% | $8.6M | $5.2M | 5x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2572 | 0.000% | $1 | — | 15x | as long as short |
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDT
Backpack WIF_USDC_PERP
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
Coinbase International WIF-PERP-INTX
Hyperliquid WIF
Reya WIFRUSDPERP