WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0270%/8h= −29.6% APRnext payment −$0.34 per $10,000 · paid last 24h −0.089%

Price spread now: Deribit against Injective−0.793%63s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Deribit

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Deribit is 0.793% cheaper against Injective than usual: you would sell low and buy high (−$79 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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	Injective WIF/USDC PERP	0.2395	−0.0321	get 0.0040% / 1h	33m 47s	$10K	$10K	12x
Short	Deribit WIF_USDC-PERPETUAL	0.2376	−0.0591	pay 0.0074% / 1h	33m 47s	$47K	$289K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Injective. 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 InjectivebpFee DeribitbpOrdersPrice spread, now −0.793%Rate

Funding earned: −$56.77
Price spread: −0.793% → 0.000%: −$79.33
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$143.12
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Deribit: live order book, 54 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Deribit live order book, 54 min ago	8.36 bp	16.0 bp −$16	23.7 bp −$237	doesn't fit	doesn't fit

Injective: 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	−0.0728%	1h	0.2374	−0.868%	$73K	$234K	10x	as long as short
Deribit WIF_USDC-PERPETUALshort	−0.0591%	1h	0.2376	−0.793%	$47K	$289K	25x
Injective WIF/USDC PERPlong	−0.0321%	1h	0.2395	long leg	$10K	$10K	12x
KuCoin WIFUSDTM	−0.0206%	4h	0.2374	−0.877%	$4.2M	$11.1M	75x	as long as short
Kraken Futures PF_WIFUSD	−0.0076%	1h	0.2377	−0.742%	$625K	$2.1M	50x	as long as short
Variational Omni WIF	−0.0058%	4h	0.2374	−0.859%	$67K	$47K	—	as long as short
Gate WIF_USDT	−0.0018%	4h	0.2377	−0.752%	$1.2M	$6.9M	50x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2377	−0.761%	$18K	$582	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2378	−0.710%	$15K	—	150x	as long as short
Aster WIFUSDT	+0.0017%	4h	0.2377	−0.736%	$23K	$254K	10x	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_Perp	+0.0032%	4h	0.2375	−0.836%	$265K	$1.8M	10x	as long as short
Orderly PERP_WIF_USDC	+0.0090%	4h	0.2377	−0.752%	$4K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2377	−0.756%	$132K	$540K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2378	−0.710%	$53K	$482K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2380	−0.640%	$7.4M	$4.0M	5x	as long as short
Pacifica WIF	+0.0100%	1h	0.2376	−0.800%	$75K	$48K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2375	−0.829%	$17.6M	$99.1M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2375	−0.831%	$16.6M	$34.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2374	−0.877%	$6.1M	$30.0M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2377	−0.752%	$21.2M	$10.8M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2376	−0.793%	$7.2M	$11.5M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2377	−0.752%	—	$65.0M	—	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2379	−0.668%	$42K	$618K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2374	−0.877%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2375	−0.839%	$540	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2377	−0.752%	$165K	$719K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2375	−0.825%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2376	−0.802%	$79K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0132% / S −0.0621%	1h	0.2377	−0.736%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0272%	1h	0.2381	−0.585%	$311K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2374	−0.877%	$963K	$689K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2376	−0.797%	$0	—	15x	as long as short