Funding you earn now, next payment 22:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h +3.937%
Price spread now: SoDEX against GMX−0.076%7-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 −$2 a day on $10k at the current rate, and SoDEX is 0.076% cheaper against GMX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WIF/USD [WBTC.b-USDC] | 0.2375 | L +0.0156% / S −0.0792% | pay 0.0019% / 1h | 14m 09s | $4K | — | 100x |
| Short | SoDEX WIF-USD | 0.2373 | 0.0100 | get 0.0013% / 1h | 14m 09s | $541 | $5K | 5x |
GMX WIF/USD [WBTC.b-USDC]
SoDEX WIF-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$11.74
- Price spread: −0.076% → 0.000%
- −$7.62
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$39.36
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
GMX and SoDEX: 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 | −0.0637% | 1h | 0.2372 | −0.127% | $73K | $235K | 10x | as long as short |
| Injective WIF/USDC PERP | −0.0321% | 1h | 0.2395 | +0.846% | $10K | $10K | 12x | as long as short |
| KuCoin WIFUSDTM | −0.0186% | 4h | 0.2372 | −0.123% | $4.2M | $11.2M | 75x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0171% | 1h | 0.2375 | +0.004% | $47K | $289K | 25x | as long as short |
| Kraken Futures PF_WIFUSD | −0.0077% | 1h | 0.2376 | +0.043% | $629K | $2.1M | 50x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2376 | +0.040% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2375 | +0.004% | $14K | — | 150x | as long as short |
| Variational Omni WIF | +0.0006% | 4h | 0.2370 | −0.190% | $76K | $56K | — | as long as short |
| Aster WIFUSDT | +0.0045% | 4h | 0.2375 | −0.009% | $23K | $254K | 10x | as long as short |
| GRVT WIF_USDT_Perp | +0.0052% | 4h | 0.2370 | −0.205% | $272K | $1.8M | 10x | as long as short |
Backpack WIF_USDC_PERP
Injective WIF/USDC PERP
KuCoin WIFUSDTM
Deribit WIF_USDC-PERPETUAL
Kraken Futures PF_WIFUSD
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Variational Omni WIF
Aster WIFUSDT
GRVT WIF_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WIF_USDT | +0.0070% | 4h | 0.2374 | −0.038% | $1.2M | $6.9M | 50x | as long as short |
| Orderly PERP_WIF_USDC | +0.0090% | 4h | 0.2374 | −0.038% | $5K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2374 | −0.026% | $131K | $540K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2375 | +0.004% | $53K | $482K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2377 | +0.107% | $7.4M | $4.0M | 5x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2377 | +0.072% | $75K | $48K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2374 | −0.050% | $17.6M | $99.3M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2374 | −0.017% | $16.6M | $34.6M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2372 | −0.123% | $6.0M | $30.1M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2374 | −0.038% | $21.2M | $10.8M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2375 | +0.004% | $7.2M | $11.5M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2374 | −0.038% | — | $65.0M | — | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2374 | −0.038% | $42K | $617K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2373 | −0.080% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USDshort | +0.0100% | 1h | 0.2373 | −0.076% | $541 | $5K | 5x | |
| HTX WIF-USDT | +0.0100% | 4h | 0.2374 | −0.038% | $164K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2373 | −0.095% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2374 | −0.036% | $79K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]long | L +0.0156% / S −0.0792% | 1h | 0.2375 | long leg | $4K | — | 100x | |
| Coinbase International WIF-PERP-INTX | +0.0272% | 1h | 0.2380 | +0.214% | $312K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2374 | −0.038% | $968K | $686K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2373 | −0.065% | $0 | — | 15x | as long as short |
Gate WIF_USDT
Orderly PERP_WIF_USDC
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDT
ApeX Omni WIFUSDT
SunX WIF-USDT
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Reya WIFRUSDPERP