WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.05 per $10,000 · paid last 24h +3.891%

Price spread now: Hyperliquid against GMX+0.103%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Hyperliquid

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.103% dearer against GMX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WIF/USD [WBTC.b-USDC]	0.2477	L +0.0171% / S −0.0037%	pay 0.0021% / 1h	20m 57s	$8K	—	100x
Short	Hyperliquid WIF	0.2479	0.0214	get 0.0027% / 1h	20m 57s	$8.0M	$4.7M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against GMX. 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 GMXbpFee HyperliquidbpOrdersPrice spread, now +0.103%Rate

Funding earned: $9.01
Price spread: +0.103% → 0.000%: $10.3
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$1.7
Costs to cover: 0.210%
Break-even: 8.3 days

Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 11 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 Hyperliquid live order book, 11 min ago	2.22 bp	13.2 bp −$13	doesn't fit	doesn't fit	doesn't fit

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 31 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	−0.0783%	1h	0.2470	−0.273%	$11K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	−0.0074%	1h	0.2478	+0.059%	$643K	$2.3M	50x	as long as short
Gate WIF_USDT	−0.0020%	4h	0.2475	−0.071%	$1.2M	$7.5M	50x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2477	−0.008%	$19K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2477	+0.010%	$49K	$276K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2477	+0.024%	$801	—	150x	as long as short
Backpack WIF_USDC_PERP	+0.0010%	1h	0.2473	−0.131%	$81K	$273K	10x	as long as short
KuCoin WIFUSDTM	+0.0056%	4h	0.2476	−0.030%	$4.5M	$13.1M	75x	as long as short
Lighter WIF	+0.0096%	1h	0.2478	+0.050%	$139K	$626K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2478	+0.050%	$57K	$497K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2477	+0.010%	$5K	$1.3M	10x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2477	+0.016%	$35K	$278K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2478	+0.042%	$77K	$54K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2477	+0.025%	$18.9M	$112.7M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2475	−0.071%	$17.1M	$38.3M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2475	−0.071%	$5.9M	$34.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2475	−0.071%	$22.1M	$11.1M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2476	−0.030%	$7.5M	$12.5M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2477	+0.010%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2475	−0.069%	$75K	$70K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2480	+0.131%	$280K	$2.0M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2481	+0.172%	$43K	$628K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2474	−0.111%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2478	+0.042%	$566	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2478	+0.050%	$167K	$732K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2475	−0.078%	$8K	$158K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2477	−0.002%	$83K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]long	L +0.0171% / S −0.0037%	1h	0.2477	long leg	$8K	—	100x
Hyperliquid WIFshort	+0.0214%	1h	0.2479	+0.103%	$8.0M	$4.7M	5x
Coinbase International WIF-PERP-INTX	+0.0304%	1h	0.2478	+0.050%	$326K	$2.5M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2476	−0.027%	$0	—	15x	as long as short