WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0185%/8h= −20.3% APRnext payment −$0.23 per $10,000 · paid last 24h −0.190%

Price spread now: Backpack against Pacifica+0.110%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.392%−$39 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

The price spread pays, funding is against you. Backpack is 0.110% dearer against Pacifica than usual: you sell high and buy low (spread +0.110% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 48 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WIF	0.2494	0.0100	pay 0.0013% / 1h	56m 01s	$77K	$57K	5x
Short	Backpack WIF_USDC_PERP	0.2497	−0.0085	pay 0.0011% / 1h	56m 01s	$87K	$274K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee BackpackbpOrdersPrice spread, now +0.110%Rate

Funding earned: −$38.85
Price spread: +0.110% → 0.000%: $10.99
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$45.87
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Pacifica: no order-book sample; Backpack: 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 Pacifica no order-book sample	—	—	—	—	—
Sell Backpack live order book, 2 min ago	0.81 bp	11.6 bp −$12	doesn't fit	doesn't fit	doesn't fit

Pacifica: 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	−0.0183%	4h	0.2485	−0.367%	$1.0M	$831K	75x	as long as short
Backpack WIF_USDC_PERPshort	−0.0085%	1h	0.2497	+0.110%	$87K	$274K	10x
dYdX WIF-USD	0.0000%	1h	0.2492	−0.104%	$19K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2497	+0.132%	$808	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	−0.969%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2500	+0.238%	$140K	$629K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2496	+0.074%	$57K	$497K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2498	+0.142%	$34K	$283K	10x	as long as short
Pacifica WIFlong	+0.0100%	1h	0.2494	long leg	$77K	$57K	5x
Binance WIFUSDT	+0.0100%	4h	0.2499	+0.184%	$19.2M	$115.5M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WIFUSDT	+0.0100%	4h	0.2496	+0.074%	$17.1M	$38.8M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2497	+0.114%	$6.0M	$35.5M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2498	+0.154%	$1.2M	$7.6M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2493	−0.047%	$22.7M	$11.1M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2493	−0.047%	$4.5M	$13.8M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2496	+0.074%	$7.5M	$12.9M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2495	+0.034%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2495	+0.017%	$76K	$69K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2485	−0.367%	$277K	$2.2M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2484	−0.407%	$43K	$625K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2498	+0.154%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2494	−0.006%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2498	+0.174%	$572	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2496	+0.074%	$167K	$695K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2495	+0.032%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2488	−0.250%	$83K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0144% / S −0.0019%	1h	0.2499	+0.176%	$8K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0150%	1h	0.2499	+0.194%	$47K	$258K	25x	as long as short
Kraken Futures PF_WIFUSD	+0.0259%	1h	0.2499	+0.211%	$654K	$2.3M	50x	as long as short
Coinbase International WIF-PERP-INTX	+0.0328%	1h	0.2498	+0.154%	$332K	$2.7M	50x	as long as short
Hyperliquid WIF	+0.0429%	1h	0.2503	+0.354%	$8.1M	$4.8M	5x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2499	+0.198%	$0	—	15x	as long as short