Funding you earn now, next payment 23:00 UTC−0.0272%/8h= −29.8% APRnext payment −$0.34 per $10,000 · paid last 24h +0.051%
Price spread now: Pacifica against Kraken Futures−0.339%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Pacifica is 0.339% cheaper against Kraken Futures than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.143%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_WIFUSD | 0.2430 | 0.0372 | pay 0.0047% / 1h | 10m 14s | $635K | $2.1M | 50x |
| Short | Pacifica WIF | 0.2421 | 0.0100 | get 0.0013% / 1h | 10m 14s | $76K | $49K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Kraken Futures. 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
- −$57.18
- Price spread: −0.339% → 0.000%
- −$33.88
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$109.06
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 3 min ago; Pacifica: 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 Kraken Futures live order book, 3 min ago | 8.22 bp | 22.0 bp −$22 | 58.5 bp −$585 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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 | −0.0283% | 1h | 0.2418 | −0.494% | $74K | $246K | 10x | as long as short |
| KuCoin WIFUSDTM | −0.0030% | 4h | 0.2421 | −0.358% | $4.1M | $11.2M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2421 | −0.358% | $18K | $582 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2429 | −0.028% | $48K | $289K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2429 | −0.048% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −1.428% | $10K | $10K | 12x | as long as short |
| Orderly PERP_WIF_USDC | +0.0090% | 4h | 0.2427 | −0.111% | $5K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2429 | −0.033% | $136K | $550K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2422 | −0.317% | $54K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2425 | −0.189% | $7.5M | $4.0M | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2426 | −0.171% | $25K | $255K | 10x | as long as short |
| Pacifica WIFshort | +0.0100% | 1h | 0.2421 | −0.339% | $76K | $49K | 5x | |
| Binance WIFUSDT | +0.0100% | 4h | 0.2428 | −0.057% | $18.1M | $101.1M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2427 | −0.111% | $16.8M | $35.2M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2427 | −0.111% | $6.1M | $31.5M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2425 | −0.193% | $1.2M | $7.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2424 | −0.234% | $22.0M | $10.7M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2428 | −0.070% | $7.5M | $11.7M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2426 | −0.152% | — | $65.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2420 | −0.392% | $72K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2429 | −0.028% | $277K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2429 | −0.028% | $43K | $618K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2421 | −0.358% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2428 | −0.078% | $553 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2420 | −0.399% | $168K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2427 | −0.131% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2428 | −0.089% | $81K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0234% / S −0.1335% | 1h | 0.2427 | −0.101% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2429 | −0.028% | $319K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2420 | −0.399% | $974K | $713K | 75x | as long as short |
| Kraken Futures PF_WIFUSDlong | +0.0372% | 1h | 0.2430 | long leg | $635K | $2.1M | 50x | |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2422 | −0.330% | $0 | — | 15x | as long as short |
Kraken Futures PF_WIFUSD
Pacifica WIF
Backpack WIF_USDC_PERP
KuCoin WIFUSDTM
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDT
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
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
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT