Funding you earn now, next payment 12:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.007%
Price spread now: OKX against Orderly+0.507%7-day average +0.042% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)−0.747%−$75 · spread now +0.507%, 7d avg +0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.465% dearer against Orderly than usual: you sell high and buy low, +$47 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WIF_USDC | 0.2565 | 0.0095 | pay 0.0047% / 4h | 3h 12m | $6K | $1.1M | 10x |
| Short | OKX WIF-USDT-SWAP | 0.2578 | 0.0100 | get 0.0050% / 4h | 3h 12m | $6.5M | $51.2M | 50x |
Orderly PERP_WIF_USDC
OKX WIF-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $1.15
- Price spread: +0.507% → +0.042%
- $46.51
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $31.65
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 1.95 bp | 10.8 bp −$11 | 32.3 bp −$323 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WIF-USDT | −0.0140% | 4h | 0.2560 | −0.195% | $1.1M | $1.1M | 75x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L −0.0138% / S +0.0169% | 1h | 0.2560 | −0.194% | $8K | — | 100x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2562 | −0.134% | $14K | $587 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2560 | −0.182% | $4K | — | 150x | as long as short |
| Gate WIF_USDT | +0.0054% | 4h | 0.2568 | +0.117% | $1.3M | $12.0M | 50x | as long as short |
| Orderly PERP_WIF_USDClong | +0.0095% | 4h | 0.2565 | long leg | $6K | $1.1M | 10x | |
| Lighter WIF | +0.0096% | 1h | 0.2568 | +0.101% | $151K | $848K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2562 | −0.117% | $55K | $581K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2567 | +0.086% | $10.3M | $9.3M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2570 | +0.186% | $41K | $425K | 10x | as long as short |
BloFin WIF-USDT
GMX WIF/USD [WBTC.b-USDC]
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Gate WIF_USDT
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WIF | +0.0100% | 1h | 0.2564 | −0.032% | $79K | $90K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2570 | +0.190% | $20.5M | $167.9M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2572 | +0.288% | $17.9M | $56.5M | 50x | as long as short |
| OKX WIF-USDT-SWAPshort | +0.0100% | 4h | 0.2578 | +0.507% | $6.5M | $51.2M | 50x | |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2570 | +0.195% | $24.2M | $15.7M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2570 | +0.195% | $4.1M | $18.2M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2571 | +0.234% | $7.7M | $18.6M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2568 | +0.117% | — | $2.3M | — | as long as short |
| Backpack WIF_USDC_PERP | +0.0100% | 1h | 0.2566 | +0.019% | $83K | $349K | 10x | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2577 | +0.453% | $79K | $367K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2567 | +0.082% | $286K | $3.1M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2569 | +0.156% | $36K | $653K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2557 | −0.312% | $1K | $3.3M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2565 | −0.019% | $3K | $6K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2560 | −0.195% | $166K | $973K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2570 | +0.198% | $9K | $216K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2566 | +0.042% | $86K | — | 3x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.0140% | 1h | 0.2565 | 0.000% | $34K | $260K | 25x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0312% | 1h | 0.2563 | −0.078% | $347K | $4.1M | 50x | as long as short |
| Injective WIF/USDC PERP | +0.0323% | 1h | 0.2558 | −0.273% | $10K | $28K | 12x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2560 | −0.192% | $1 | — | 15x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0721% | 1h | 0.2567 | +0.062% | $664K | $3.0M | 50x | as long as short |
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDC
Backpack WIF_USDC_PERP
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
Deribit WIF_USDC-PERPETUAL
Coinbase International WIF-PERP-INTX
Injective WIF/USDC PERP
Reya WIFRUSDPERP
Kraken Futures PF_WIFUSD