WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0844%/8h= +92.5% APRnext payment +$1.06 per $10,000 · paid last 24h −0.097%

Price spread now: GMX against Hyperliquid−0.506%56s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on GMX

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.506% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.506% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$51 on $10k: about 48 hours of funding at the current rate (+$25 a day). The two prices were read 56 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	Hyperliquid WIF	0.2401	0.0100	pay 0.0013% / 1h	55m 28s	$7.5M	$4.0M	5x
Short	GMX WIF/USD [WBTC.b-USDC]	0.2388	L +0.0178% / S −0.0944%	get 0.0118% / 1h	55m 28s	$4K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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 HyperliquidbpFee GMXbpOrdersPrice spread, now −0.506%Rate

Funding earned: $177.33
Price spread: −0.506% → 0.000%: −$50.57
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $105.76
Costs to cover: 0.210%
Break-even: 2.8 days

Slippage unknown: Hyperliquid: live order book, 7 min ago; GMX: 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 Hyperliquid live order book, 7 min ago	1.27 bp	13.7 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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
KuCoin WIFUSDTM	−0.0142%	4h	0.2394	−0.275%	$4.2M	$11.2M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2392	−0.367%	$18K	$582	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2389	−0.483%	$47K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2389	−0.498%	$15K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−0.233%	$10K	$10K	12x	as long as short
Variational Omni WIF	+0.0054%	4h	0.2364	−1.507%	$67K	$65K	—	as long as short
Backpack WIF_USDC_PERP	+0.0079%	1h	0.2390	−0.442%	$75K	$235K	10x	as long as short
Aster WIFUSDT	+0.0089%	4h	0.2395	−0.240%	$25K	$255K	10x	as long as short
Orderly PERP_WIF_USDC	+0.0091%	4h	0.2388	−0.525%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2395	−0.233%	$133K	$541K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex WIFUSDT	+0.0096%	1h	0.2397	−0.150%	$53K	$483K	20x	as long as short
Hyperliquid WIFlong	+0.0100%	1h	0.2401	long leg	$7.5M	$4.0M	5x
Pacifica WIF	+0.0100%	1h	0.2396	−0.207%	$76K	$48K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2397	−0.153%	$17.7M	$99.6M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2398	−0.108%	$16.8M	$34.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2399	−0.067%	$6.1M	$30.6M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2394	−0.275%	$1.2M	$6.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2397	−0.150%	$21.4M	$10.6M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2399	−0.067%	$7.3M	$11.6M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2395	−0.233%	—	$65.1M	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2383	−0.733%	$274K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2379	−0.900%	$42K	$617K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2382	−0.775%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2389	−0.504%	$547	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2385	−0.650%	$165K	$719K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2395	−0.228%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2388	−0.524%	$80K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]short	L +0.0178% / S −0.0944%	1h	0.2388	−0.506%	$4K	—	100x
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2389	−0.483%	$313K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2375	−1.066%	$974K	$691K	75x	as long as short
Kraken Futures PF_WIFUSD	+0.0379%	1h	0.2389	−0.477%	$629K	$2.1M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2398	−0.115%	$0	—	15x	as long as short