Funding you earn now, next payment 08:00 UTC−0.0147%/8h= −16.1% APRnext payment −$0.18 per $10,000 · paid last 24h +0.061%
Price spread now: dYdX against Deribit−0.218%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 −$4 a day on $10k at the current rate, and dYdX is 0.218% cheaper against Deribit than usual: you would sell low and buy high (−$22 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 | Deribit WIF_USDC-PERPETUAL | 0.2521 | 0.0147 | pay 0.0018% / 1h | 35m 43s | $33K | $273K | 25x |
| Short | dYdX WIF-USD | 0.2515 | 0 | get 0.0000% / 1h | 35m 43s | $14K | $587 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Deribit. 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
- −$30.83
- Price spread: −0.218% → 0.000%
- −$21.83
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$69.66
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 3 min ago; dYdX: 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 Deribit live order book, 3 min ago | 5.95 bp | 9.4 bp −$9 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.0161% | 1h | 0.2462 | −2.340% | $10K | $11K | 12x | as long as short |
| BloFin WIF-USDT | −0.0140% | 4h | 0.2519 | −0.079% | $999K | $956K | 75x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L −0.0073% / S +0.0254% | 1h | 0.2519 | −0.076% | $20K | — | 100x | as long as short |
| dYdX WIF-USDshort | 0.0000% | 1h | 0.2515 | −0.218% | $14K | $587 | 10x | |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2518 | −0.106% | $352 | — | 150x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2520 | −0.052% | $144K | $705K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2515 | −0.238% | $54K | $575K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2522 | +0.036% | $8.8M | $6.9M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2519 | −0.081% | $31K | $351K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2519 | −0.096% | $78K | $73K | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WIFUSDT | +0.0100% | 4h | 0.2519 | −0.084% | $19.2M | $147.9M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2516 | −0.182% | $16.8M | $48.5M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2516 | −0.198% | $5.7M | $43.5M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2519 | −0.079% | $1.2M | $9.3M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2517 | −0.159% | $22.5M | $12.4M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2519 | −0.079% | $4.3M | $17.0M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2518 | −0.119% | $7.7M | $16.1M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2513 | −0.317% | — | $2.3M | — | as long as short |
| Backpack WIF_USDC_PERP | +0.0100% | 1h | 0.2518 | −0.119% | $74K | $304K | 10x | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2519 | −0.099% | $74K | $193K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2524 | +0.120% | $280K | $2.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2534 | +0.516% | $46K | $636K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2520 | −0.040% | $6K | $1.1M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2516 | −0.198% | $1K | $3.1M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2518 | −0.119% | $575 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2511 | −0.397% | $160K | $916K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2516 | −0.187% | $12K | $176K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2516 | −0.186% | $84K | $85 | 3x | as long as short |
| Deribit WIF_USDC-PERPETUALlong | +0.0147% | 1h | 0.2521 | long leg | $33K | $273K | 25x | |
| Coinbase International WIF-PERP-INTX | +0.0352% | 1h | 0.2519 | −0.079% | $338K | $3.4M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2516 | −0.198% | $1 | — | 15x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0805% | 1h | 0.2520 | −0.047% | $656K | $2.7M | 50x | as long as short |
Deribit WIF_USDC-PERPETUAL
Injective WIF/USDC PERP
BloFin WIF-USDT
GMX WIF/USD [WBTC.b-USDC]
gTrade (Gains Network) WIF/USD
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
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
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Coinbase International WIF-PERP-INTX
Kraken Futures PF_WIFUSD