Funding you earn now, next payment 05:00 UTC−0.0552%/8h= −60.5% APRnext payment −$0.69 per $10,000 · paid last 24h −0.196%
Price spread now: GMX against Reya+0.193%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. GMX is 0.193% dearer against Reya than usual: you sell high and buy low (spread +0.193% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya WIFRUSDPERP | 0.2557 | 0.0558 | pay 0.0070% / 1h | 52m 12s | $1 | — | 15x |
| Short | GMX WIF/USD [WBTC.b-USDC] | 0.2562 | L +0.0123% / S −0.0006% | get 0.0001% / 1h | 52m 12s | $8K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Reya. 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
- −$115.95
- Price spread: +0.193% → 0.000%
- $19.27
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$114.68
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Reya: 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 Reya no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Reya 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 | −0.0215% | 4h | 0.2555 | −0.062% | $1.0M | $908K | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2557 | −0.002% | $15K | $597 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2561 | +0.186% | $828 | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2542 | −0.570% | $11K | $10K | 12x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2563 | +0.239% | $140K | $628K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2559 | +0.094% | $51K | $544K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2558 | +0.072% | $36K | $299K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2556 | −0.013% | $79K | $62K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2562 | +0.192% | $20.0M | $123.6M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2560 | +0.153% | $17.5M | $41.7M | 50x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2563 | +0.251% | $6.2M | $38.4M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2559 | +0.094% | $1.2M | $8.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2561 | +0.173% | $23.6M | $11.4M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2555 | −0.062% | $4.5M | $14.9M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2563 | +0.251% | $7.8M | $13.9M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2559 | +0.094% | — | $2.3M | — | as long as short |
| Backpack WIF_USDC_PERP | +0.0100% | 1h | 0.2556 | −0.019% | $79K | $302K | 10x | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2556 | −0.040% | $95K | $83K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2538 | −0.711% | $288K | $2.4M | 10x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2563 | +0.251% | $5K | $1.3M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2559 | +0.094% | $2K | $2.9M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2562 | +0.231% | $592 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2557 | +0.016% | $171K | $711K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2562 | +0.203% | $10K | $149K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2564 | +0.270% | $86K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]short | L +0.0123% / S −0.0006% | 1h | 0.2562 | +0.193% | $8K | — | 100x | |
| Deribit WIF_USDC-PERPETUAL | +0.0140% | 1h | 0.2563 | +0.251% | $46K | $256K | 25x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0352% | 1h | 0.2565 | +0.329% | $348K | $2.9M | 50x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0359% | 1h | 0.2563 | +0.239% | $664K | $2.3M | 50x | as long as short |
| Hyperliquid WIF | +0.0497% | 1h | 0.2562 | +0.220% | $8.4M | $5.0M | 5x | as long as short |
| Reya WIFRUSDPERPlong | +0.0558% | 1h | 0.2557 | long leg | $1 | — | 15x | |
| ApeX Omni WIFUSDT | +0.0656% | 1h | 0.2557 | +0.016% | $47K | $624K | 25x | as long as short |
GMX WIF/USD [WBTC.b-USDC]
BloFin WIF-USDT
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDC
Backpack WIF_USDC_PERP
Variational Omni WIF
GRVT WIF_USDT_Perp
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Deribit WIF_USDC-PERPETUAL
Coinbase International WIF-PERP-INTX
Kraken Futures PF_WIFUSD
Hyperliquid WIF
ApeX Omni WIFUSDT