Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.050%
Price spread now: Injective against BingX−0.843%72s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 0.843% cheaper against BingX than usual: you would sell low and buy high (−$84 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 72 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 | BingX WIF-USDC | 0.2491 | 0.0100 | pay 0.0050% / 4h | 3h 31m | — | $2.3M | — |
| Short | Injective WIF/USDC PERP | 0.2470 | 0.0033 | get 0.0004% / 1h | 31m 55s | $11K | $10K | 12x |
BingX WIF-USDC
Injective WIF/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BingX. 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
- Price spread: −0.843% → 0.000%
- −$84.3
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$108.32
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 2 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 BingX live order book, 2 min ago | 4.02 bp | 30.1 bp −$30 | 59.9 bp −$599 | 269.5 bp −$26.9K | 717.8 bp −$358.9K |
| 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 | −0.0341% | 1h | 0.2493 | +0.068% | $76K | $255K | 10x | as long as short |
| Gate WIF_USDT | −0.0080% | 4h | 0.2492 | +0.040% | $1.3M | $7.1M | 50x | as long as short |
| KuCoin WIFUSDTM | −0.0010% | 4h | 0.2495 | +0.161% | $4.4M | $12.1M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2480 | −0.458% | $19K | $589 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2490 | −0.040% | $49K | $289K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2487 | −0.180% | $12K | — | 150x | as long as short |
| Injective WIF/USDC PERPshort | +0.0033% | 1h | 0.2470 | −0.843% | $11K | $10K | 12x | |
| Kraken Futures PF_WIFUSD | +0.0039% | 1h | 0.2494 | +0.100% | $658K | $2.2M | 50x | as long as short |
| Orderly PERP_WIF_USDC | +0.0095% | 4h | 0.2488 | −0.120% | $5K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2492 | +0.048% | $143K | $588K | 10x | as long as short |
Backpack WIF_USDC_PERP
Gate WIF_USDT
KuCoin WIFUSDTM
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Kraken Futures PF_WIFUSD
Orderly PERP_WIF_USDC
Lighter WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex WIFUSDT | +0.0096% | 1h | 0.2482 | −0.361% | $56K | $484K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2491 | +0.014% | $25K | $274K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2482 | −0.355% | $77K | $51K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2496 | +0.201% | $19.2M | $107.1M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2494 | +0.136% | $17.1M | $36.8M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2497 | +0.241% | $6.0M | $33.9M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2497 | +0.241% | $22.5M | $11.0M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2498 | +0.281% | $7.8M | $12.0M | 50x | as long as short |
| BingX WIF-USDClong | +0.0100% | 4h | 0.2491 | long leg | — | $2.3M | — | |
| Variational Omni WIF | +0.0100% | 4h | 0.2488 | −0.116% | $74K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2497 | +0.244% | $280K | $1.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2466 | −1.004% | $43K | $632K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2482 | −0.361% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2491 | 0.000% | $566 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2482 | −0.361% | $170K | $746K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2495 | +0.180% | $11K | $151K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2489 | −0.095% | $83K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0191% / S −0.0138% | 1h | 0.2487 | −0.154% | $7K | — | 100x | as long as short |
| Hyperliquid WIF | +0.0204% | 1h | 0.2499 | +0.309% | $8.0M | $4.3M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0288% | 1h | 0.2494 | +0.120% | $335K | $2.5M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2484 | −0.281% | $989K | $744K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2484 | −0.296% | $0 | — | 15x | as long as short |
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Hyperliquid WIF
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Reya WIFRUSDPERP