WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.43 per $10,000 · paid last 24h −0.020%

Price spread now: GRVT against HTX−0.378%7-day average −0.664% · you buy dearer than you sell

Net, funding: paid 7d − costs−$181as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1601.600% of the position

Long on HTX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.211%−$21 on $10k

Price spread, last 3 days (all we have)−0.100%−$10 · spread now −0.378%, 7d avg −0.664%

Together, before fees−0.311%+ Points / potential airdropGRVT: Active · farm board−$31 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.285% dearer against HTX than usual: you sell high and buy low (spread −0.378% now, against its 7-day average of −0.664%): +$29 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX WIF-USDT	0.2380	0.0100	pay 0.0050% / 4h	2h 37m	$165K	$718K	75x
Short	GRVT WIF_USDT_Perp	0.2371	0.0014	get 0.0007% / 4h	2h 37m	$264K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against HTX. 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 HTXbpFee GRVTbpOrdersPrice spread, now −0.378%Rate

Funding earned: −$18.06
Price spread: −0.378% → −0.664%: $28.51
Slippage, 4 orders: −$138.96
Fee HTX: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$149.52
Costs to cover: 1.600%
Break-even: never at this rate

Slippage from HTX: live order book, 51 min ago; GRVT: live order book, 1 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 HTX live order book, 51 min ago	8.38 bp	40.7 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 1 min ago	2.11 bp	16.2 bp −$16	100.9 bp −$1,009	doesn't fit	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	−0.0777%	1h	0.2371	−0.370%	$72K	$233K	10x	as long as short
Injective WIF/USDC PERP	−0.0321%	1h	0.2395	+0.630%	$10K	$10K	12x	as long as short
KuCoin WIFUSDTM	−0.0204%	4h	0.2375	−0.210%	$4.2M	$11.2M	75x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0170%	1h	0.2379	−0.042%	$47K	$289K	25x	as long as short
Kraken Futures PF_WIFUSD	−0.0076%	1h	0.2379	−0.022%	$623K	$2.1M	50x	as long as short
Variational Omni WIF	−0.0068%	4h	0.2371	−0.399%	$67K	$47K	—	as long as short
Gate WIF_USDT	−0.0038%	4h	0.2377	−0.126%	$1.2M	$6.9M	50x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2377	−0.130%	$18K	$582	10x	as long as short
Aster WIFUSDT	+0.0002%	4h	0.2376	−0.187%	$23K	$254K	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2380	−0.010%	$15K	—	150x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT WIF_USDT_Perpshort	+0.0014%	4h	0.2371	−0.378%	$264K	$1.8M	10x
Orderly PERP_WIF_USDC	+0.0090%	4h	0.2378	−0.084%	$4K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2377	−0.143%	$132K	$540K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2376	−0.168%	$53K	$482K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2381	+0.046%	$7.4M	$4.0M	5x	as long as short
Pacifica WIF	+0.0100%	1h	0.2376	−0.171%	$75K	$48K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2378	−0.081%	$17.6M	$99.1M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2377	−0.118%	$16.6M	$34.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2378	−0.084%	$6.1M	$30.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2379	−0.042%	$21.2M	$10.8M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2378	−0.084%	$7.2M	$11.5M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2375	−0.210%	—	$2.3M	—	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2371	−0.378%	$42K	$617K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2373	−0.294%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2377	−0.126%	$539	$5K	5x	as long as short
HTX WIF-USDTlong	+0.0100%	4h	0.2380	long leg	$165K	$718K	75x
Extended WIF-USD	+0.0104%	1h	0.2377	−0.116%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2378	−0.092%	$79K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0128% / S −0.0596%	1h	0.2379	−0.044%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0272%	1h	0.2381	+0.042%	$311K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2363	−0.714%	$968K	$688K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2378	−0.066%	$0	—	15x	as long as short