Funding you earn now, next payment 04:00 UTC−0.0143%/8h= −15.6% APRnext payment −$0.71 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against Orderly−0.041%7-day average +0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)−0.044%−$4 · spread now −0.041%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.064% cheaper against Orderly than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WIF_USDC | 0.2439 | 0.0095 | pay 0.0047% / 4h | 3h 41m | $5K | $1.3M | 10x |
| Short | Gate WIF_USDT | 0.2438 | −0.0048 | pay 0.0024% / 4h | 3h 41m | $1.2M | $7.0M | 50x |
Orderly PERP_WIF_USDC
Gate WIF_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$29.99
- Price spread: −0.041% → +0.023%
- −$6.45
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$57.44
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: 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 Gate live order book, 2 min ago | 4.09 bp | 29.3 bp −$29 | 140.2 bp −$1,402 | 271.2 bp −$27.1K | 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 | −0.0403% | 1h | 0.2444 | +0.213% | $74K | $251K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0160% | 1h | 0.2438 | −0.041% | $48K | $289K | 25x | as long as short |
| Gate WIF_USDTshort | −0.0048% | 4h | 0.2438 | −0.041% | $1.2M | $7.0M | 50x | |
| dYdX WIF-USD | 0.0000% | 1h | 0.2443 | +0.146% | $18K | $589 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2439 | −0.018% | $16K | — | 150x | as long as short |
| KuCoin WIFUSDTM | +0.0010% | 4h | 0.2437 | −0.082% | $4.3M | $11.9M | 75x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −1.804% | $10K | $10K | 12x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0040% | 1h | 0.2439 | −0.006% | $631K | $2.2M | 50x | as long as short |
| Orderly PERP_WIF_USDClong | +0.0095% | 4h | 0.2439 | long leg | $5K | $1.3M | 10x | |
| Lighter WIF | +0.0096% | 1h | 0.2437 | −0.082% | $146K | $580K | 10x | as long as short |
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
KuCoin WIFUSDTM
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD
Lighter WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex WIFUSDT | +0.0096% | 1h | 0.2441 | +0.082% | $54K | $483K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2440 | +0.049% | $24K | $258K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2443 | +0.154% | $75K | $51K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2437 | −0.082% | $18.3M | $105.4M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2436 | −0.111% | $16.8M | $36.4M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2434 | −0.205% | $5.9M | $32.7M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2438 | −0.041% | $22.0M | $10.9M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2439 | 0.000% | $7.5M | $11.9M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2438 | −0.041% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2441 | +0.087% | $72K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2443 | +0.170% | $276K | $1.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2443 | +0.164% | $43K | $631K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2433 | −0.246% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2437 | −0.074% | $557 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2434 | −0.205% | $168K | $745K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2436 | −0.103% | $11K | $154K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2437 | −0.069% | $81K | $85 | 3x | as long as short |
| Hyperliquid WIF | +0.0134% | 1h | 0.2443 | +0.172% | $7.7M | $4.1M | 5x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0191% / S −0.0138% | 1h | 0.2438 | −0.047% | $6K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0288% | 1h | 0.2441 | +0.082% | $323K | $2.4M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2436 | −0.123% | $991K | $733K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2437 | −0.097% | $0 | — | 15x | as long as short |
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
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
Hyperliquid WIF
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Reya WIFRUSDPERP