Funding you earn now, next payment 22:00 UTC−0.0075%/8h= −8.3% APRpaid last 24h −0.082%
Price spread now: Deribit against Variational Omni−0.064%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
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Deribit is 0.064% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 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 | Variational Omni WIF | 0.2365 | −0.0098 | get 0.0049% / 4h | 2h 49m | $67K | $47K | — |
| Short | Deribit WIF_USDC-PERPETUAL | 0.2363 | −0.0173 | pay 0.0022% / 1h | 49m 01s | $46K | $289K | 25x |
Variational Omni WIF
Deribit WIF_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Variational Omni. 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
- −$15.83
- Price spread: −0.064% → 0.000%
- −$6.39
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$29.22
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Deribit: live order book, 39 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 39 min ago | 8.36 bp | 16.0 bp −$16 | 23.7 bp −$237 | doesn't fit | doesn't fit |
Variational Omni: 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 | −0.0848% | 1h | 0.2361 | −0.144% | $71K | $233K | 10x | as long as short |
| Injective WIF/USDC PERP | −0.0321% | 1h | 0.2395 | +1.289% | $10K | $10K | 12x | as long as short |
| KuCoin WIFUSDTM | −0.0204% | 4h | 0.2362 | −0.106% | $4.4M | $11.1M | 75x | as long as short |
| Deribit WIF_USDC-PERPETUALshort | −0.0173% | 1h | 0.2363 | −0.064% | $46K | $289K | 25x | |
| Gate WIF_USDT | −0.0136% | 4h | 0.2362 | −0.106% | $1.2M | $6.9M | 50x | as long as short |
| Variational Omni WIFlong | −0.0098% | 4h | 0.2365 | long leg | $67K | $47K | — | |
| Kraken Futures PF_WIFUSD | −0.0077% | 1h | 0.2364 | −0.005% | $619K | $2.1M | 50x | as long as short |
| GRVT WIF_USDT_Perp | −0.0058% | 4h | 0.2364 | −0.041% | $271K | $1.8M | 10x | as long as short |
| Aster WIFUSDT | −0.0023% | 4h | 0.2364 | −0.027% | $23K | $254K | 10x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2367 | +0.105% | $18K | $582 | 10x | as long as short |
Backpack WIF_USDC_PERP
Injective WIF/USDC PERP
KuCoin WIFUSDTM
Gate WIF_USDT
Kraken Futures PF_WIFUSD
GRVT WIF_USDT_Perp
Aster WIFUSDT
dYdX WIF-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2364 | −0.030% | $14K | — | 150x | as long as short |
| ApeX Omni WIFUSDT | +0.0009% | 1h | 0.2366 | +0.063% | $42K | $617K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0090% | 4h | 0.2362 | −0.106% | $4K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2363 | −0.060% | $131K | $540K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2362 | −0.106% | $52K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2366 | +0.046% | $7.4M | $4.0M | 5x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2364 | −0.020% | $75K | $48K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2363 | −0.064% | $17.5M | $99.1M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2361 | −0.149% | $16.5M | $34.6M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2363 | −0.064% | $6.0M | $29.8M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2363 | −0.064% | $21.1M | $10.7M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2362 | −0.106% | $7.2M | $11.5M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2361 | −0.149% | — | $2.3M | — | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2359 | −0.233% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2362 | −0.085% | $533 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2362 | −0.106% | $163K | $718K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2362 | −0.094% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2362 | −0.119% | $79K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0114% / S −0.0494% | 1h | 0.2363 | −0.062% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0272% | 1h | 0.2364 | −0.022% | $309K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2364 | −0.022% | $975K | $687K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2362 | −0.125% | $0 | — | 15x | as long as short |
gTrade (Gains Network) WIF/USD
ApeX Omni WIFUSDT
Orderly PERP_WIF_USDC
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Reya WIFRUSDPERP