WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.049%

Price spread now: Injective against Popdex−2.523%46s7-day average — · you buy dearer than you sell

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

Long on Popdex Short on Injective

What this pair did over the last

the charts below follow

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 −$2 a day on $10k at the current rate, and Injective is 2.523% cheaper against Popdex than usual: you would sell low and buy high (−$252 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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	0.2457	0.0096	pay 0.0012% / 1h	1m 52s	$54K	$484K	20x
Short	Injective WIF/USDC PERP	0.2395	0.0033	get 0.0004% / 1h	1m 52s	$10K	$10K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Popdex. 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 PopdexbpFee InjectivebpOrdersPrice spread, now −2.523%Rate

Funding earned: −$13.16
Price spread: −2.523% → 0.000%: −$252.34
Slippage, 4 orders: no order book: not counted
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$271.92
Costs to cover: 0.064%
Break-even: never at this rate

Slippage unknown: Popdex: live order book, 12 min ago; Injective: 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, 12 min ago	4.11 bp	78.2 bp −$78	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Backpack WIF_USDC_PERP	−0.0395%	1h	0.2457	+0.004%	$75K	$250K	10x	as long as short
Deribit WIF_USDC-PERPETUAL	−0.0157%	1h	0.2458	+0.041%	$48K	$289K	25x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2458	+0.023%	$18K	$589	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2459	+0.063%	$16K	—	150x	as long as short
KuCoin WIFUSDTM	+0.0018%	4h	0.2457	0.000%	$4.3M	$11.8M	75x	as long as short
Injective WIF/USDC PERPshort	+0.0033%	1h	0.2395	−2.523%	$10K	$10K	12x
Orderly PERP_WIF_USDC	+0.0094%	4h	0.2458	+0.041%	$5K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2459	+0.069%	$138K	$571K	10x	as long as short
Popdex WIFUSDTlong	+0.0096%	1h	0.2457	long leg	$54K	$484K	20x
Hyperliquid WIF	+0.0100%	1h	0.2462	+0.224%	$7.7M	$4.1M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2460	+0.118%	$24K	$256K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2458	+0.043%	$76K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2458	+0.041%	$18.5M	$104.5M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2457	0.000%	$16.9M	$36.2M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2455	−0.081%	$6.0M	$32.6M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2459	+0.081%	$1.2M	$7.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2458	+0.041%	$22.2M	$10.9M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2459	+0.081%	$7.6M	$11.8M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2458	+0.041%	—	$65.7M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2437	−0.807%	$72K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2449	−0.326%	$276K	$1.8M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2449	−0.326%	$43K	$629K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2453	−0.163%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2457	+0.004%	$565	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2453	−0.163%	$169K	$746K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2457	−0.020%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2457	+0.020%	$82K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2459	+0.081%	$6K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0264%	1h	0.2458	+0.041%	$323K	$2.4M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0317%	1h	0.2459	+0.084%	$637K	$2.2M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2456	−0.041%	$986K	$738K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2457	−0.014%	$0	—	15x	as long as short