WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.024%

Price spread now: Popdex against Kraken Futures−0.201%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$302as in the Price arb table

costs, in and out, $10k−$2852.847% of the position

Long on Kraken Futures Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.029%−$3 on $10k

Price spread, last 3 days (all we have)+0.086%+$9 · spread now −0.201%, 7d avg −0.030%

Together, before fees+0.057%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Popdex is 0.171% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.201% now, against its 7-day average of −0.030%). If the spread goes back, that is −$17 on $10k: about 3.3 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WIFUSD	0.2474	−0.0074	get 0.0009% / 1h	4m 50s	$643K	$2.3M	50x
Short	Popdex WIFUSDT	0.2469	0.0096	get 0.0012% / 1h	4m 50s	$57K	$497K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 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 Kraken FuturesbpFee PopdexbpOrdersPrice spread, now −0.201%Rate

Funding earned: $35.75
Price spread: −0.201% → −0.030%: −$17.06
Slippage, 4 orders: −$268.3
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$266.01
Costs to cover: 2.847%
Break-even: 59.1 days

Slippage from Kraken Futures: live order book, 4 min ago; Popdex: live order book, 64 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 Kraken Futures live order book, 4 min ago	18.17 bp	27.1 bp −$27	1926.3 bp −$19.3K	doesn't fit	doesn't fit
Sell Popdex live order book, 64 min ago	34.50 bp	129.0 bp −$129	doesn't fit	doesn't fit	doesn't fit

WIF on 31 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 PERP	−0.0783%	1h	0.2470	−0.160%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSDlong	−0.0074%	1h	0.2474	long leg	$643K	$2.3M	50x
Backpack WIF_USDC_PERP	−0.0011%	1h	0.2470	−0.180%	$81K	$273K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2469	−0.220%	$18K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2473	−0.021%	$799	—	150x	as long as short
Gate WIF_USDT	+0.0008%	4h	0.2472	−0.079%	$1.2M	$7.5M	50x	as long as short
Lighter WIF	+0.0096%	1h	0.2475	+0.022%	$140K	$627K	10x	as long as short
Popdex WIFUSDTshort	+0.0096%	1h	0.2469	−0.201%	$57K	$497K	20x
KuCoin WIFUSDTM	+0.0096%	4h	0.2471	−0.120%	$4.5M	$13.2M	75x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2473	−0.039%	$5K	$1.3M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2473	−0.057%	$35K	$279K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2469	−0.201%	$76K	$55K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2473	−0.040%	$18.9M	$113.4M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2471	−0.120%	$17.0M	$38.3M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2473	−0.039%	$5.9M	$34.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2471	−0.120%	$22.0M	$11.2M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2472	−0.079%	$7.5M	$12.6M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2472	−0.079%	—	$65.9M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2476	+0.065%	$75K	$69K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2466	−0.335%	$278K	$2.0M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2475	+0.042%	$43K	$628K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2469	−0.201%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2473	−0.055%	$565	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2468	−0.241%	$166K	$733K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2470	−0.163%	$8K	$152K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2473	−0.047%	$83K	$85	3x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0155%	1h	0.2473	−0.039%	$49K	$266K	25x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0166% / S −0.0034%	1h	0.2473	−0.033%	$8K	—	100x	as long as short
Hyperliquid WIF	+0.0219%	1h	0.2477	+0.115%	$8.0M	$4.7M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0304%	1h	0.2472	−0.079%	$328K	$2.5M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2472	−0.076%	$0	—	15x	as long as short