Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: KuCoin against Orderly−0.200%7-day average +0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.200%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.207% cheaper against Orderly than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WIF_USDC | 0.2500 | 0.0100 | pay 0.0050% / 4h | 3h 48m | $6K | $1.1M | 10x |
| Short | KuCoin WIFUSDTM | 0.2495 | 0.0100 | get 0.0050% / 4h | 3h 48m | $3.9M | $18.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0.03
- Price spread: −0.200% → +0.007%
- −$20.73
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$38.69
- Costs to cover
- 0.180%
- Break-even
- 8068.3 days
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 11 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 KuCoin live order book, 11 min ago | 6.03 bp | 29.3 bp −$29 | 62.9 bp −$629 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate WIF_USDT | −0.0508% | 4h | 0.2500 | 0.000% | $1.4M | $11.3M | 50x | as long as short |
| ApeX Omni WIFUSDT | −0.0439% | 1h | 0.2490 | −0.400% | $35K | $653K | 25x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L −0.0322% / S +0.0305% | 1h | 0.2499 | −0.055% | $19K | — | 100x | as long as short |
| BloFin WIF-USDT | −0.0140% | 4h | 0.2502 | +0.080% | $1.0M | $1.0M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2497 | −0.137% | $14K | $587 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2499 | −0.040% | $33K | $274K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2498 | −0.062% | $4K | — | 150x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2498 | −0.096% | $145K | $809K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2499 | −0.040% | $54K | $580K | 20x | as long as short |
| Orderly PERP_WIF_USDClong | +0.0100% | 4h | 0.2500 | long leg | $6K | $1.1M | 10x |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WIF | +0.0100% | 1h | 0.2498 | −0.060% | $10.0M | $9.0M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2503 | +0.114% | $42K | $411K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2498 | −0.069% | $77K | $87K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2504 | +0.172% | $19.8M | $165.3M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2505 | +0.184% | $17.4M | $55.5M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2503 | +0.120% | $5.8M | $48.2M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2495 | −0.200% | $24.4M | $15.3M | 50x | as long as short |
| KuCoin WIFUSDTMshort | +0.0100% | 4h | 0.2495 | −0.200% | $3.9M | $18.0M | 75x | |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2504 | +0.160% | $7.6M | $18.2M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2495 | −0.200% | — | $2.3M | — | as long as short |
| Backpack WIF_USDC_PERP | +0.0100% | 1h | 0.2500 | +0.008% | $84K | $333K | 10x | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2507 | +0.283% | $74K | $364K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2482 | −0.727% | $279K | $3.0M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2495 | −0.200% | $1K | $3.3M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2499 | −0.052% | $578 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2493 | −0.280% | $154K | $943K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2503 | +0.135% | $12K | $216K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2499 | −0.041% | $83K | — | 3x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0312% | 1h | 0.2496 | −0.160% | $333K | $3.8M | 50x | as long as short |
| Injective WIF/USDC PERP | +0.0323% | 1h | 0.2509 | +0.360% | $10K | $28K | 12x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2498 | −0.096% | $0 | — | 15x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0741% | 1h | 0.2496 | −0.154% | $643K | $2.9M | 50x | as long as short |
KuCoin WIFUSDTM
Gate WIF_USDT
ApeX Omni WIFUSDT
GMX WIF/USD [WBTC.b-USDC]
BloFin WIF-USDT
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
Backpack WIF_USDC_PERP
Variational Omni WIF
GRVT WIF_USDT_Perp
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Coinbase International WIF-PERP-INTX
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD