WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0046%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h +0.075%

Price spread now: Extended against Deribit−0.026%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs+$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$630.633% of the position

Long on Deribit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.651%+$65 on $10k

Price spread, last 4 days (all we have)−0.219%−$22 · spread now −0.026%, 7d avg −0.016%

Together, before fees+0.433%+ Points / potential airdropExtended: Active · farm board+$43 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.651%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit WIF_USDC-PERPETUAL	0.2500	0.0150	pay 0.0019% / 1h	28m 17s	$33K	$274K	25x
Short	Extended WIF-USD	0.2499	0.0104	get 0.0013% / 1h	28m 17s	$12K	$213K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Deribit. 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 DeribitbpFee ExtendedbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$9.69
Price spread: −0.026% → −0.016%: −$1.03
Slippage, 4 orders: −$51.26
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$73.98
Costs to cover: 0.633%
Break-even: never at this rate

Slippage from Deribit: live order book, 5 min ago; Extended: live order book, 3 min ago.

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, 5 min ago	4.00 bp	19.5 bp −$19	30.4 bp −$304	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	6.03 bp	18.2 bp −$18	98.9 bp −$989	doesn't fit	doesn't fit

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
GMX WIF/USD [WBTC.b-USDC]	L −0.0426% / S +0.0326%	1h	0.2494	−0.247%	$19K	—	100x	as long as short
Gate WIF_USDT	−0.0376%	4h	0.2493	−0.280%	$1.3M	$11.5M	50x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2494	−0.240%	$1.0M	$1.0M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2493	−0.297%	$14K	$587	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2494	−0.244%	$4K	—	150x	as long as short
Orderly PERP_WIF_USDC	+0.0094%	4h	0.2500	0.000%	$6K	$1.1M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2503	+0.108%	$145K	$834K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2490	−0.400%	$54K	$580K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2491	−0.344%	$10.0M	$9.2M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2499	−0.060%	$40K	$411K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WIF	+0.0100%	1h	0.2492	−0.336%	$77K	$90K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2501	+0.042%	$19.9M	$166.7M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2503	+0.120%	$17.4M	$56.0M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2504	+0.160%	$5.9M	$48.7M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2502	+0.080%	$24.1M	$15.4M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2504	+0.160%	$3.9M	$18.1M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2500	0.000%	$7.6M	$18.3M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2493	−0.280%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2493	−0.272%	$81K	$355K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2488	−0.476%	$76K	$368K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2484	−0.658%	$286K	$3.1M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2489	−0.440%	$35K	$654K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2486	−0.560%	$2K	$3.3M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2500	0.000%	$579	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2496	−0.160%	$153K	$947K	75x	as long as short
Extended WIF-USDshort	+0.0104%	1h	0.2499	−0.026%	$12K	$213K	25x
Aevo WIF-PERP	+0.0104%	1h	0.2497	−0.140%	$83K	—	3x	as long as short
Deribit WIF_USDC-PERPETUALlong	+0.0150%	1h	0.2500	long leg	$33K	$274K	25x
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2498	−0.080%	$354K	$3.9M	50x	as long as short
Injective WIF/USDC PERP	+0.0323%	1h	0.2509	+0.360%	$10K	$28K	12x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2494	−0.256%	$0	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0740%	1h	0.2502	+0.076%	$642K	$3.0M	50x	as long as short