Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.018%
Price spread now: BingX against Orderly0.000%7-day average −0.047% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 3 days (all we have)−0.206%−$21 · spread now 0.000%, 7d avg −0.047%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.047% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WIF_USDC | 0.2422 | 0.0090 | pay 0.0045% / 4h | 1h 11m | $5K | $1.3M | 10x |
| Short | BingX WIF-USDC | 0.2422 | 0.0100 | get 0.0050% / 4h | 1h 11m | — | $2.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Orderly. 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
- $2.02
- Price spread: 0.000% → −0.047%
- $4.75
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$9.23
- Costs to cover
- 0.160%
- Break-even
- 38.9 days
Slippage unknown: Orderly: no order-book sample; BingX: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 2 min ago | 2.06 bp | 22.4 bp −$22 | 69.8 bp −$698 | 342.5 bp −$34.3K | 572.2 bp −$286.1K |
Orderly: 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 | −0.178% | $74K | $246K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0163% | 1h | 0.2421 | −0.041% | $48K | $289K | 25x | as long as short |
| KuCoin WIFUSDTM | −0.0034% | 4h | 0.2418 | −0.165% | $4.1M | $11.2M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2424 | +0.069% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2423 | +0.022% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −1.115% | $10K | $10K | 12x | as long as short |
| Orderly PERP_WIF_USDClong | +0.0090% | 4h | 0.2422 | long leg | $5K | $1.3M | 10x | |
| Lighter WIF | +0.0096% | 1h | 0.2421 | −0.037% | $135K | $550K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2422 | 0.000% | $54K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2423 | +0.026% | $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 | 0.2420 | −0.071% | $25K | $255K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2423 | +0.026% | $76K | $49K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2420 | −0.083% | $18.0M | $101.1M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2419 | −0.124% | $16.8M | $35.2M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2419 | −0.124% | $6.1M | $31.3M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2420 | −0.083% | $1.2M | $7.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2420 | −0.083% | $22.0M | $10.7M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2421 | −0.041% | $7.5M | $11.7M | 50x | as long as short |
| BingX WIF-USDCshort | +0.0100% | 4h | 0.2422 | 0.000% | — | $2.3M | — | |
| Variational Omni WIF | +0.0100% | 4h | 0.2420 | −0.074% | $71K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2429 | +0.289% | $277K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2429 | +0.289% | $43K | $618K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2419 | −0.124% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2421 | −0.058% | $551 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2419 | −0.124% | $168K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2420 | −0.103% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2421 | −0.042% | $81K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0233% / S −0.1328% | 1h | 0.2423 | +0.026% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2426 | +0.165% | $319K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2420 | −0.083% | $974K | $713K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0373% | 1h | 0.2422 | +0.020% | $633K | $2.1M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2421 | −0.034% | $0 | — | 15x | as long as short |
BingX WIF-USDC
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
KuCoin WIFUSDTM
gTrade (Gains Network) WIF/USD
Injective 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
Bitget WIFUSDT
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
Kraken Futures PF_WIFUSD