WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.75 per $10,000 · paid last 24h +0.012%

Price spread now: Binance against GRVT+0.030%59s7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$760.761% of the position

Long on GRVT Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 3 days (all we have)−0.384%−$38 · spread now +0.030%, 7d avg +0.065%

Together, before fees−0.401%+ Points / potential airdropGRVT: Active · farm board−$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.035% cheaper against GRVT than usual: you would sell low and buy high (spread +0.030% now, against its 7-day average of +0.065%). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$4 a day). The two prices were read 59 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	GRVT WIF_USDT_Perp	0.2361	−0.0050	get 0.0025% / 4h	2h 46m	$271K	$1.8M	10x
Short	Binance WIFUSDT	0.2362	0.0100	get 0.0050% / 4h	2h 46m	$17.5M	$99.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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 GRVTbpFee BinancebpOrdersPrice spread, now +0.030%Rate

Funding earned: $31.5
Price spread: +0.030% → +0.065%: −$3.49
Slippage, 4 orders: −$57.14
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$48.13
Costs to cover: 0.761%
Break-even: 17.7 days

Slippage from GRVT: live order book, 2 min ago; Binance: live order book, 11 min ago.

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 GRVT live order book, 2 min ago	2.12 bp	26.8 bp −$27	66.3 bp −$663	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	2.11 bp	12.5 bp −$12	30.6 bp −$306	108.4 bp −$10.8K	doesn't fit

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	−0.0872%	1h	0.2360	−0.061%	$71K	$233K	10x	as long as short
Injective WIF/USDC PERP	−0.0321%	1h	0.2395	+1.421%	$10K	$10K	12x	as long as short
KuCoin WIFUSDTM	−0.0206%	4h	0.2360	−0.061%	$4.2M	$11.2M	75x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0173%	1h	0.2361	−0.018%	$46K	$289K	25x	as long as short
Variational Omni WIF	−0.0098%	4h	0.2365	+0.130%	$67K	$47K	—	as long as short
Gate WIF_USDT	−0.0094%	4h	0.2360	−0.061%	$1.2M	$6.9M	50x	as long as short
Kraken Futures PF_WIFUSD	−0.0077%	1h	0.2362	+0.003%	$618K	$2.1M	50x	as long as short
GRVT WIF_USDT_Perplong	−0.0050%	4h	0.2361	long leg	$271K	$1.8M	10x
Aster WIFUSDT	−0.0021%	4h	0.2363	+0.054%	$23K	$254K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2362	+0.024%	$18K	$582	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2361	−0.023%	$14K	—	150x	as long as short
ApeX Omni WIFUSDT	+0.0009%	1h	0.2366	+0.193%	$42K	$617K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0090%	4h	0.2360	−0.061%	$4K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2362	+0.037%	$131K	$540K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2362	+0.024%	$52K	$483K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2365	+0.164%	$7.4M	$4.0M	5x	as long as short
Pacifica WIF	+0.0100%	1h	0.2362	+0.041%	$74K	$48K	5x	as long as short
Binance WIFUSDTshort	+0.0100%	4h	0.2362	+0.030%	$17.5M	$99.0M	75x
Bybit WIFUSDT	+0.0100%	4h	0.2361	−0.018%	$16.5M	$34.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2363	+0.066%	$6.0M	$29.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2363	+0.066%	$21.1M	$10.7M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2363	+0.066%	$7.2M	$11.5M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2362	+0.024%	—	$65.0M	—	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2356	−0.230%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2359	−0.103%	$533	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2359	−0.103%	$163K	$718K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2361	−0.006%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2360	−0.075%	$79K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0116% / S −0.0511%	1h	0.2361	−0.026%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0272%	1h	0.2361	−0.018%	$309K	$2.2M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2358	−0.145%	$976K	$686K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2360	−0.058%	$0	—	15x	as long as short