Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.122%
Price spread now: Deribit against Gate0.000%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$730.729% of the position
Funding, last 7 days−0.639%−$64 on $10k
+Price spread, last 3 days (all we have)+0.086%+$9 · spread now 0.000%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WIF_USDT | 0.2487 | −0.0048 | get 0.0024% / 4h | 3h 33m | $1.2M | $7.1M | 50x |
| Short | Deribit WIF_USDC-PERPETUAL | 0.2487 | −0.0152 | pay 0.0019% / 1h | 33m 16s | $49K | $289K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Gate. 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
- −$21.83
- Price spread: 0.000% → −0.007%
- $0.66
- Slippage, 4 orders
- −$50.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$94.06
- Costs to cover
- 0.729%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Deribit: live order book, 40 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 Gate live order book, 5 min ago | 4.07 bp | 24.9 bp −$25 | 45.1 bp −$451 | 69.9 bp −$6,990 | doesn't fit |
| Sell Deribit live order book, 40 min ago | 6.16 bp | 9.7 bp −$10 | 17.9 bp −$179 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0333% | 1h | 0.2487 | +0.004% | $76K | $255K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUALshort | −0.0152% | 1h | 0.2487 | 0.000% | $49K | $289K | 25x | |
| Gate WIF_USDTlong | −0.0048% | 4h | 0.2487 | long leg | $1.2M | $7.1M | 50x | |
| KuCoin WIFUSDTM | −0.0002% | 4h | 0.2485 | −0.080% | $4.4M | $12.0M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2492 | +0.185% | $19K | $589 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2488 | +0.040% | $12K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | −0.684% | $11K | $10K | 12x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0039% | 1h | 0.2487 | +0.012% | $658K | $2.2M | 50x | as long as short |
| Orderly PERP_WIF_USDC | +0.0095% | 4h | 0.2486 | −0.040% | $5K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2488 | +0.036% | $143K | $588K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex WIFUSDT | +0.0096% | 1h | 0.2492 | +0.201% | $56K | $484K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2492 | +0.188% | $25K | $274K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2493 | +0.222% | $77K | $51K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2487 | +0.004% | $19.1M | $107.0M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2485 | −0.072% | $17.1M | $36.8M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2484 | −0.121% | $6.0M | $33.7M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2487 | 0.000% | $22.4M | $11.0M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2486 | −0.040% | $7.7M | $12.0M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2491 | +0.161% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2488 | +0.045% | $74K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2497 | +0.406% | $280K | $1.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2466 | −0.844% | $43K | $632K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2482 | −0.201% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2487 | −0.016% | $564 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2485 | −0.080% | $171K | $746K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2485 | −0.081% | $11K | $151K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2486 | −0.021% | $83K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0191% / S −0.0138% | 1h | 0.2487 | +0.014% | $7K | — | 100x | as long as short |
| Hyperliquid WIF | +0.0194% | 1h | 0.2496 | +0.378% | $7.9M | $4.3M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0288% | 1h | 0.2489 | +0.080% | $335K | $2.5M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2484 | −0.121% | $989K | $744K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2490 | +0.125% | $0 | — | 15x | as long as short |
Gate WIF_USDT
Deribit WIF_USDC-PERPETUAL
Backpack WIF_USDC_PERP
KuCoin WIFUSDTM
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
GMX WIF/USD [WBTC.b-USDC]
Hyperliquid WIF
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT