Funding you earn now, next payment 00:00 UTC+0.0248%/8h= +27.1% APRnext payment +$1.24 per $10,000 · paid last 24h +0.062%
Price spread now: BloFin against Orderly+0.042%7-day average +0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.484%+$48 on $10k
+Price spread, last 3 days (all we have)−0.089%−$9 · spread now +0.042%, 7d avg +0.018%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.024% dearer against Orderly than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WIF_USDC | 0.2400 | 0.0092 | pay 0.0046% / 4h | 1h 33m | $5K | $1.3M | 10x |
| Short | BloFin WIF-USDT | 0.2401 | 0.0340 | get 0.0170% / 4h | 1h 33m | $971K | $705K | 75x |
Orderly PERP_WIF_USDC
BloFin WIF-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $51.98
- Price spread: +0.042% → +0.018%
- $2.39
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $36.36
- Costs to cover
- 0.180%
- Break-even
- 2.1 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 49 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 BloFin live order book, 49 min ago | 6.30 bp | 15.0 bp −$15 | 21.1 bp −$211 | 49.9 bp −$4,986 | doesn't fit |
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 | 0.2399 | −0.062% | $76K | $239K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0166% | 1h | 0.2400 | 0.000% | $47K | $289K | 25x | as long as short |
| KuCoin WIFUSDTM | −0.0090% | 4h | 0.2399 | −0.042% | $4.2M | $11.4M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2402 | +0.069% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2399 | −0.056% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −0.208% | $10K | $10K | 12x | as long as short |
| Orderly PERP_WIF_USDClong | +0.0092% | 4h | 0.2400 | long leg | $5K | $1.3M | 10x | |
| Lighter WIF | +0.0096% | 1h | 0.2401 | +0.021% | $135K | $549K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2400 | 0.000% | $53K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2404 | +0.146% | $7.5M | $4.0M | 5x | as long as short |
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
KuCoin WIFUSDTM
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2399 | −0.050% | $25K | $255K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2402 | +0.078% | $76K | $49K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2399 | −0.042% | $17.8M | $100.7M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2399 | −0.054% | $16.6M | $35.0M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2399 | −0.042% | $6.0M | $31.0M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2400 | 0.000% | $1.2M | $7.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2400 | 0.000% | $21.5M | $10.7M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2400 | 0.000% | $7.4M | $11.7M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2400 | 0.000% | — | $65.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2405 | +0.218% | $71K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2401 | +0.027% | $273K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2401 | +0.042% | $42K | $617K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2397 | −0.125% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2399 | −0.021% | $552 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2395 | −0.208% | $166K | $718K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2398 | −0.080% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2402 | +0.082% | $80K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0206% / S −0.1141% | 1h | 0.2398 | −0.072% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2402 | +0.083% | $316K | $2.3M | 50x | as long as short |
| BloFin WIF-USDTshort | +0.0340% | 4h | 0.2401 | +0.042% | $971K | $705K | 75x | |
| Kraken Futures PF_WIFUSD | +0.0376% | 1h | 0.2403 | +0.113% | $626K | $2.2M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2397 | −0.117% | $0 | — | 15x | as long as short |
Aster WIFUSDT
Pacifica WIF
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
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
Kraken Futures PF_WIFUSD
Reya WIFRUSDPERP