WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.1055%/8h= −115.6% APRnext payment −$1.32 per $10,000 · paid last 24h −0.058%

Price spread now: GMX against Kraken Futures−0.091%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 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 −$32 a day on $10k at the current rate, and GMX is 0.091% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 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	Kraken Futures PF_WIFUSD	0.2504	0.0739	pay 0.0092% / 1h	37m 06s	$643K	$3.0M	50x
Short	GMX WIF/USD [WBTC.b-USDC]	0.2502	L −0.0380% / S +0.0316%	pay 0.0040% / 1h	37m 06s	$19K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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 Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.091%Rate

Funding earned: −$221.61
Price spread: −0.091% → 0.000%: −$9.06
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$252.66
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 2 min ago; GMX: 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 Kraken Futures live order book, 2 min ago	8.00 bp	22.4 bp −$22	46.3 bp −$463	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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
GMX WIF/USD [WBTC.b-USDC]short	L −0.0380% / S +0.0316%	1h	0.2502	−0.091%	$19K	—	100x
Gate WIF_USDT	−0.0362%	4h	0.2501	−0.126%	$1.3M	$11.4M	50x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2504	−0.006%	$1.0M	$1.0M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2504	−0.006%	$14K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2503	−0.046%	$33K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2502	−0.068%	$4K	—	150x	as long as short
Orderly PERP_WIF_USDC	+0.0095%	4h	0.2502	−0.086%	$6K	$1.1M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2505	+0.022%	$145K	$826K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2505	+0.034%	$54K	$580K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2503	−0.050%	$10.0M	$9.1M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2502	−0.068%	$40K	$411K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2505	+0.030%	$78K	$88K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2503	−0.028%	$19.8M	$165.9M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2503	−0.034%	$17.5M	$55.8M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2500	−0.166%	$5.9M	$48.3M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2502	−0.086%	$24.4M	$15.4M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2501	−0.126%	$3.9M	$18.0M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2503	−0.046%	$7.6M	$18.2M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2503	−0.046%	—	$27.5M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2502	−0.086%	$85K	$334K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2493	−0.442%	$76K	$366K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2491	−0.522%	$276K	$3.0M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2501	−0.126%	$35K	$653K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2499	−0.206%	$2K	$3.3M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2502	−0.066%	$579	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2501	−0.126%	$154K	$943K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2501	−0.132%	$12K	$216K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2502	−0.102%	$83K	—	3x	as long as short
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2508	+0.154%	$342K	$3.9M	50x	as long as short
Injective WIF/USDC PERP	+0.0323%	1h	0.2509	+0.194%	$10K	$28K	12x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2503	−0.052%	$1	—	15x	as long as short
Kraken Futures PF_WIFUSDlong	+0.0739%	1h	0.2504	long leg	$643K	$3.0M	50x