WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0183%/8h= −20.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.004%

Price spread now: Pacifica against Hyperliquid+0.022%54s7-day average — · you sell dearer than you buy

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

Long on Hyperliquid Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Pacifica: Active · farm boardneeds both histories

The price spread pays, funding is against you. Pacifica is 0.022% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.034% in total) that is about 4.4 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid WIF	0.2463	0.0283	pay 0.0035% / 1h	37m 54s	$7.9M	$4.7M	5x
Short	Pacifica WIF	0.2464	0.0100	get 0.0013% / 1h	37m 54s	$76K	$56K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Hyperliquid. 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 HyperliquidbpFee PacificabpOrdersPrice spread, now +0.022%Rate

Funding earned: −$38.4
Price spread: +0.022% → 0.000%: $2.15
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$53.25
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 4 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 4 min ago	2.22 bp	11.3 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin WIF-USDT	−0.0177%	4h	0.2459	−0.179%	$1.0M	$818K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0081%	1h	0.2456	−0.300%	$77K	$280K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2463	−0.036%	$18K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2459	−0.179%	$46K	$258K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2459	−0.164%	$795	—	150x	as long as short
Gate WIF_USDT	+0.0020%	4h	0.2457	−0.260%	$1.2M	$7.5M	50x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	+0.268%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2461	−0.114%	$139K	$627K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2461	−0.097%	$56K	$497K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2458	−0.216%	$34K	$283K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WIFshort	+0.0100%	1h	0.2464	+0.022%	$76K	$56K	5x
Binance WIFUSDT	+0.0100%	4h	0.2459	−0.179%	$18.7M	$114.3M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2457	−0.260%	$16.9M	$38.3M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2459	−0.179%	$5.9M	$34.7M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2458	−0.219%	$22.1M	$11.0M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2458	−0.219%	$4.4M	$13.5M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2458	−0.219%	$7.4M	$12.7M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2458	−0.219%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2462	−0.076%	$75K	$69K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2477	+0.549%	$282K	$2.0M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2471	+0.309%	$42K	$630K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2460	−0.138%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2458	−0.219%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2459	−0.179%	$566	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2457	−0.260%	$166K	$691K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2458	−0.226%	$11K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2459	−0.167%	$82K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0138%	1h	0.2459	−0.161%	$645K	$2.3M	50x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0157% / S −0.0028%	1h	0.2460	−0.157%	$8K	—	100x	as long as short
Hyperliquid WIFlong	+0.0283%	1h	0.2463	long leg	$7.9M	$4.7M	5x
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2460	−0.138%	$328K	$2.6M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2458	−0.216%	$0	—	15x	as long as short