Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h +3.857%
Price spread now: Pacifica against GMX−0.149%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Pacifica is 0.149% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WIF/USD [WBTC.b-USDC]0.2484L +0.0132% / S −0.0011%pay 0.0016% / 1h19m 10s$8K100x
ShortPacifica WIF0.24800.0100get 0.0013% / 1h19m 10s$78K$60K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
−$6.67
Price spread: −0.149% → 0.000%
−$14.94
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$41.61
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Pacifica no order-book sample
GMX and Pacifica: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin WIF-USDT−0.0186%4h0.2486+0.098%$997K$830K75xas long as short
Backpack WIF_USDC_PERP−0.0145%1h0.2482−0.059%$76K$293K10xas long as short
dYdX WIF-USD0.0000%1h0.2480−0.164%$19K$59710xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S +0.0001%1h0.2483−0.008%$802150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2470−0.546%$11K$10K12xas long as short
Lighter WIF+0.0096%1h0.2486+0.098%$138K$631K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2485+0.058%$57K$497K20xas long as short
Aster WIFUSDT+0.0100%4h0.2483−0.039%$32K$284K10xas long as short
Pacifica WIFshort+0.0100%1h0.2480−0.149%$78K$60K5x
Binance WIFUSDT+0.0100%4h0.2485+0.058%$18.7M$118.9M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WIFUSDT+0.0100%4h0.2483−0.015%$16.9M$39.9M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2485+0.058%$6.0M$36.1M50xas long as short
Gate WIF_USDT+0.0100%4h0.2482−0.063%$1.2M$7.8M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2484+0.017%$22.9M$11.4M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2482−0.063%$4.5M$14.5M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2483−0.023%$7.6M$13.3M50xas long as short
BingX WIF-USDT+0.0100%4h0.2483−0.023%$23.5Mas long as short
Variational Omni WIF+0.0100%4h0.2480−0.142%$86K$79Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2489+0.229%$283K$2.3M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2483−0.023%$45K$624K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2484+0.017%$5K$1.3M10xas long as short
SunX WIF-USDT+0.0100%4h0.2476−0.305%$2K$2.9M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2485+0.037%$578$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2486+0.098%$166K$699K75xas long as short
Extended WIF-USD+0.0104%1h0.2483−0.009%$8K$147K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2485+0.037%$83K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]longL +0.0132% / S −0.0011%1h0.2484long leg$8K100x
Deribit WIF_USDC-PERPETUAL+0.0153%1h0.2484+0.017%$45K$256K25xas long as short
Kraken Futures PF_WIFUSD+0.0261%1h0.2485+0.076%$646K$2.3M50xas long as short
Hyperliquid WIF+0.0290%1h0.2489+0.207%$8.1M$4.9M5xas long as short
Coinbase International WIF-PERP-INTX+0.0328%1h0.2484+0.017%$326K$2.7M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2483−0.020%$015xas long as short