Funding you earn now, next payment 03:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.09 per $10,000 · paid last 24h −0.065%
Price spread now: GMX against Pacifica−0.158%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GMX is 0.158% cheaper against Pacifica than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica WIF | 0.2475 | 0.0100 | pay 0.0013% / 1h | 42m 22s | $77K | $56K | 5x |
| Short | GMX WIF/USD [WBTC.b-USDC] | 0.2471 | L +0.0158% / S −0.0029% | get 0.0004% / 1h | 42m 22s | $8K | — | 100x |
Pacifica WIF
GMX WIF/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- −$14.92
- Price spread: −0.158% → 0.000%
- −$15.76
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$50.68
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample | — | — | — | — | — |
Pacifica and GMX: 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 | −0.0176% | 4h | 0.2474 | −0.036% | $1.0M | $823K | 75x | as long as short |
| Backpack WIF_USDC_PERP | −0.0116% | 1h | 0.2475 | +0.024% | $78K | $280K | 10x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2476 | +0.026% | $19K | $589 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2470 | −0.198% | $46K | $258K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2471 | −0.142% | $799 | — | 150x | as long as short |
| Gate WIF_USDT | +0.0016% | 4h | 0.2471 | −0.158% | $1.2M | $7.5M | 50x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | −0.198% | $11K | $10K | 12x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2472 | −0.101% | $140K | $627K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2470 | −0.198% | $57K | $497K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2474 | −0.043% | $34K | $283K | 10x | as long as short |
BloFin WIF-USDT
Backpack WIF_USDC_PERP
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Gate WIF_USDT
Injective WIF/USDC PERP
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WIFlong | +0.0100% | 1h | 0.2475 | long leg | $77K | $56K | 5x | |
| Binance WIFUSDT | +0.0100% | 4h | 0.2471 | −0.158% | $18.8M | $114.2M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2470 | −0.198% | $17.0M | $38.3M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2469 | −0.238% | $5.9M | $34.8M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2470 | −0.198% | $22.3M | $11.0M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2470 | −0.198% | $4.4M | $13.5M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2469 | −0.238% | $7.4M | $12.7M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2469 | −0.238% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2450 | −1.003% | $74K | $69K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2449 | −1.049% | $271K | $2.0M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2458 | −0.683% | $42K | $629K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2470 | −0.198% | $5K | $1.3M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2465 | −0.400% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2470 | −0.182% | $569 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2470 | −0.198% | $167K | $691K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2468 | −0.275% | $11K | $155K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2469 | −0.226% | $82K | $85 | 3x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0138% | 1h | 0.2471 | −0.145% | $646K | $2.3M | 50x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]short | L +0.0158% / S −0.0029% | 1h | 0.2471 | −0.158% | $8K | — | 100x | |
| Hyperliquid WIF | +0.0272% | 1h | 0.2474 | −0.053% | $8.0M | $4.7M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0312% | 1h | 0.2471 | −0.158% | $330K | $2.6M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2470 | −0.215% | $0 | — | 15x | as long as short |
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
Orderly PERP_WIF_USDC
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
Kraken Futures PF_WIFUSD
Hyperliquid WIF
Coinbase International WIF-PERP-INTX
Reya WIFRUSDPERP