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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0215%/8h= +23.5% APRnext payment +$0.27 per $10,000 · paid last 24h +3.794%
Price spread now: Popdex against GMX+0.032%49s7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Popdex is 0.032% dearer against GMX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WIF/USD [WBTC.b-USDC]0.2507L −0.0119% / S +0.0181%get 0.0015% / 1h30m 31s$9K100x
ShortPopdex WIFUSDT0.25080.0096get 0.0012% / 1h30m 31s$52K$636K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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

Funding earned
$45.12
Price spread: +0.032% → 0.000%
$3.19
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
$29.91
Costs to cover
0.184%
Break-even
2.4 days
Slippage unknown: GMX: no order-book sample; Popdex: live order book, 17 min ago. 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 GMX no order-book sample
Sell Popdex live order book, 17 min ago1.97 bp91.5 bp −$91doesn't fitdoesn't fitdoesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WIF/USDC PERP−0.0389%1h0.2559+2.066%$10K$28K12xas long as short
Deribit WIF_USDC-PERPETUAL−0.0149%1h0.2506−0.048%$33K$254K25xas long as short
BloFin WIF-USDT−0.0140%4h0.2507−0.008%$1.1M$1.1M75xas long as short
GMX WIF/USD [WBTC.b-USDC]longL −0.0119% / S +0.0181%1h0.2507long leg$9K100x
Backpack WIF_USDC_PERP−0.0060%1h0.2504−0.148%$85K$367K10xas long as short
dYdX WIF-USD0.0000%1h0.2507+0.008%$13K$58710xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2505−0.094%$4K150xas long as short
Orderly PERP_WIF_USDC+0.0096%4h0.2505−0.088%$5K$962K10xas long as short
Lighter WIF+0.0096%1h0.2510+0.116%$143K$883K10xas long as short
Popdex WIFUSDTshort+0.0096%1h0.2508+0.032%$52K$636K20x
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WIF+0.0100%1h0.2519+0.471%$9.9M$9.5M5xas long as short
Aster WIFUSDT+0.0100%4h0.2507−0.020%$32K$424K10xas long as short
Pacifica WIF+0.0100%1h0.2508+0.041%$78K$98K5xas long as short
Binance WIFUSDT+0.0100%4h0.2508+0.042%$20.2M$174.1M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2516+0.355%$17.3M$59.0M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2518+0.431%$6.2M$51.2M50xas long as short
Gate WIF_USDT+0.0100%4h0.2508+0.032%$1.2M$12.7M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2519+0.471%$22.4M$15.1M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2508+0.032%$3.7M$18.6M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2519+0.471%$7.6M$19.6M50xas long as short
BingX WIF-USDT+0.0100%4h0.2508+0.032%$27.6Mas long as short
Variational Omni WIF+0.0100%4h0.2505−0.091%$76K$366Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2508+0.032%$280K$3.4M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2518+0.431%$36K$646K25xas long as short
SunX WIF-USDT+0.0100%4h0.2499−0.327%$1K$3.2M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2504−0.128%$3K$6K5xas long as short
HTX WIF-USDT+0.0100%4h0.2504−0.128%$154K$1.0M75xas long as short
Extended WIF-USD+0.0104%1h0.2506−0.050%$9K$261K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2505−0.081%$84K3xas long as short
Coinbase International WIF-PERP-INTX+0.0552%1h0.2513+0.231%$341K$3.9M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2507−0.022%$115xas long as short
Kraken Futures PF_WIFUSD+0.0573%1h0.2506−0.068%$628K$3.1M50xas long as short