Funding you earn now, next payment 01:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h +3.904%
Price spread now: BingX against GMX−0.145%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—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.145% cheaper against GMX than usual: you would sell low and buy high (−$15 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 | GMX WIF/USD [WBTC.b-USDC] | 0.2499 | L +0.0191% / S −0.0138% | pay 0.0024% / 1h | 26m 11s | $7K | — | 100x |
| Short | BingX WIF-USDT | 0.2495 | 0.0100 | get 0.0050% / 4h | 3h 26m | — | $65.7M | — |
GMX WIF/USD [WBTC.b-USDC]
BingX WIF-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GMX. 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
- −$19.08
- Price spread: −0.145% → 0.000%
- −$14.53
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$55.6
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 13 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 GMX no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 13 min ago | 4.07 bp | 9.1 bp −$9 | 17.4 bp −$174 | 74.2 bp −$7,420 | 516.3 bp −$258.2K |
GMX: 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 | −0.0293% | 1h | 0.2496 | −0.089% | $76K | $254K | 10x | as long as short |
| Gate WIF_USDT | −0.0166% | 4h | 0.2496 | −0.105% | $1.3M | $7.2M | 50x | as long as short |
| KuCoin WIFUSDTM | −0.0034% | 4h | 0.2496 | −0.105% | $4.4M | $12.1M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2491 | −0.321% | $19K | $589 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2498 | −0.025% | $49K | $289K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2498 | −0.005% | $12K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | −1.146% | $11K | $10K | 12x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0039% | 1h | 0.2499 | +0.002% | $655K | $2.2M | 50x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2498 | −0.017% | $143K | $588K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2494 | −0.185% | $56K | $483K | 20x | 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
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD
Lighter WIF
Popdex WIFUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_WIF_USDC | +0.0096% | 4h | 0.2497 | −0.065% | $5K | $1.3M | 10x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2495 | −0.140% | $35K | $274K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2493 | −0.239% | $77K | $52K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2498 | −0.029% | $19.2M | $107.2M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2497 | −0.065% | $17.3M | $36.9M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2496 | −0.105% | $6.0M | $33.8M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2498 | −0.025% | $22.6M | $11.0M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2497 | −0.065% | $7.7M | $12.1M | 50x | as long as short |
| BingX WIF-USDTshort | +0.0100% | 4h | 0.2495 | −0.145% | — | $65.7M | — | |
| Variational Omni WIF | +0.0100% | 4h | 0.2497 | −0.062% | $74K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2492 | −0.265% | $281K | $1.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2495 | −0.145% | $43K | $632K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2493 | −0.225% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2497 | −0.085% | $568 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2497 | −0.065% | $171K | $745K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2495 | −0.157% | $10K | $155K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2497 | −0.065% | $83K | $85 | 3x | as long as short |
| Hyperliquid WIF | +0.0189% | 1h | 0.2500 | +0.039% | $8.0M | $4.3M | 5x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]long | L +0.0191% / S −0.0138% | 1h | 0.2499 | long leg | $7K | — | 100x | |
| Coinbase International WIF-PERP-INTX | +0.0288% | 1h | 0.2501 | +0.095% | $335K | $2.5M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2495 | −0.145% | $1.0M | $747K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2493 | −0.231% | $0 | — | 15x | as long as short |
Orderly PERP_WIF_USDC
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
Hyperliquid WIF
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Reya WIFRUSDPERP