Funding you earn now, next payment 07:00 UTC+0.0808%/8h= +88.5% APRnext payment +$1.01 per $10,000 · paid last 24h +0.025%
Price spread now: Kraken Futures against Injective+1.774%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 for this trade now. Funding pays +$24 a day on $10k at the current rate, and Kraken Futures is 1.774% dearer against Injective than usual: you sell high and buy low: +$177 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | 0.2462 | −0.0467 | get 0.0058% / 1h | 6m 11s | $10K | $11K | 12x |
| Short | Kraken Futures PF_WIFUSD | 0.2506 | 0.0341 | get 0.0043% / 1h | 6m 11s | $650K | $2.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- $169.68
- Price spread: +1.774% → 0.000%
- $177.42
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $337.08
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago | 9.98 bp | 17.8 bp −$18 | 46.1 bp −$461 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERPlong | −0.0467% | 1h | 0.2462 | long leg | $10K | $11K | 12x | |
| BloFin WIF-USDT | −0.0140% | 4h | 0.2505 | +1.747% | $984K | $947K | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2503 | +1.646% | $14K | $587 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2504 | +1.712% | — | — | 150x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0018% / S +0.0191% | 1h | 0.2503 | +1.652% | $16K | — | 100x | as long as short |
| Backpack WIF_USDC_PERP | +0.0021% | 1h | 0.2504 | +1.698% | $75K | $297K | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2505 | +1.747% | $144K | $703K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2505 | +1.747% | $53K | $572K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2506 | +1.791% | $8.7M | $6.5M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2503 | +1.671% | $30K | $352K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WIF | +0.0100% | 1h | 0.2503 | +1.677% | $78K | $70K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2504 | +1.700% | $19.1M | $144.7M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2503 | +1.669% | $16.9M | $47.6M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2504 | +1.706% | $5.6M | $42.4M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2502 | +1.625% | $1.2M | $9.2M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2505 | +1.747% | $22.6M | $12.3M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2503 | +1.665% | $4.4M | $16.7M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2504 | +1.706% | $7.6M | $15.8M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2503 | +1.665% | — | $27.1M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2490 | +1.139% | $73K | $193K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2503 | +1.684% | $287K | $2.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2502 | +1.625% | $46K | $634K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2504 | +1.706% | $5K | $1.0M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2500 | +1.543% | $2K | $3.1M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2503 | +1.649% | $571 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2503 | +1.665% | $155K | $942K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2501 | +1.576% | $14K | $169K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2502 | +1.639% | $83K | $85 | 3x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.0149% | 1h | 0.2503 | +1.665% | $33K | $274K | 25x | as long as short |
| Kraken Futures PF_WIFUSDshort | +0.0341% | 1h | 0.2506 | +1.774% | $650K | $2.7M | 50x | |
| Coinbase International WIF-PERP-INTX | +0.0384% | 1h | 0.2505 | +1.747% | $331K | $3.3M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2505 | +1.730% | $1 | — | 15x | as long as short |
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD
BloFin WIF-USDT
gTrade (Gains Network) WIF/USD
GMX WIF/USD [WBTC.b-USDC]
Backpack WIF_USDC_PERP
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDT
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Deribit WIF_USDC-PERPETUAL
Coinbase International WIF-PERP-INTX