Funding you earn now, next payment 07:00 UTC−0.0287%/8h= −31.4% APRnext payment −$0.36 per $10,000 · paid last 24h −0.055%
Price spread now: GMX against Popdex−0.093%49s7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.093% cheaper against Popdex than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex WIFUSDT | 0.2505 | 0.0096 | pay 0.0012% / 1h | 6m 22s | $53K | $572K | 20x |
| Short | GMX WIF/USD [WBTC.b-USDC] | 0.2503 | L +0.0018% / S +0.0191% | pay 0.0024% / 1h | 6m 22s | $16K | — | 100x |
Popdex WIFUSDT
GMX WIF/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Popdex. 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
- −$60.31
- Price spread: −0.093% → 0.000%
- −$9.3
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$88.01
- Costs to cover
- 0.184%
- Break-even
- never at this rate
Slippage unknown: Popdex: live order book, 38 min ago; 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 Popdex live order book, 38 min ago | 6.11 bp | 84.9 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERP | −0.0467% | 1h | 0.2462 | −1.717% | $10K | $11K | 12x | as long as short |
| BloFin WIF-USDT | −0.0140% | 4h | 0.2505 | 0.000% | $984K | $947K | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2503 | −0.099% | $14K | $587 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2504 | −0.034% | — | — | 150x | as long as short |
| Backpack WIF_USDC_PERP | +0.0013% | 1h | 0.2502 | −0.136% | $75K | $297K | 10x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]short | L +0.0018% / S +0.0191% | 1h | 0.2503 | −0.093% | $16K | — | 100x | |
| Lighter WIF | +0.0096% | 1h | 0.2505 | 0.000% | $144K | $703K | 10x | as long as short |
| Popdex WIFUSDTlong | +0.0096% | 1h | 0.2505 | long leg | $53K | $572K | 20x | |
| Hyperliquid WIF | +0.0100% | 1h | 0.2507 | +0.076% | $8.7M | $6.5M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2505 | −0.019% | $30K | $352K | 10x | as long as short |
Injective WIF/USDC PERP
BloFin WIF-USDT
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Backpack WIF_USDC_PERP
Lighter WIF
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 | 0.2503 | −0.068% | $78K | $70K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2505 | 0.000% | $19.1M | $144.7M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2504 | −0.052% | $16.9M | $47.6M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2503 | −0.080% | $5.6M | $42.4M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2503 | −0.080% | $1.2M | $9.2M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2504 | −0.040% | $22.6M | $12.3M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2504 | −0.040% | $4.4M | $16.7M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2502 | −0.120% | $7.5M | $15.8M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2504 | −0.040% | — | $27.1M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2490 | −0.597% | $73K | $193K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2503 | −0.061% | $287K | $2.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2502 | −0.120% | $46K | $634K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2504 | −0.040% | $5K | $1.0M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2500 | −0.200% | $2K | $3.1M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2503 | −0.096% | $571 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2503 | −0.080% | $155K | $942K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2501 | −0.168% | $14K | $169K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2502 | −0.105% | $83K | $85 | 3x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.0149% | 1h | 0.2503 | −0.080% | $33K | $274K | 25x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0341% | 1h | 0.2506 | +0.027% | $650K | $2.7M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0384% | 1h | 0.2505 | 0.000% | $331K | $3.3M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2505 | −0.016% | $1 | — | 15x | as long as short |
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDT
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
Deribit WIF_USDC-PERPETUAL
Kraken Futures PF_WIFUSD
Coinbase International WIF-PERP-INTX
Reya WIFRUSDPERP