WIF

Alert

Funding spread now, next payment 17:00 UTC+0.0564%/8h

next payment, per $10,000+$0.70paid, last 24h+0.073%paid, last 7 days+0.154%to open and close $10k−$86

Long on Kraken Futures Short on Hyperliquid

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.154% in total (about 8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.70 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	Kraken Futures PF_WIFUSD	0.2319	−0.0337	get 0.0042% / 1h	13m 44s	$628K	$1.6M	50x
Short	Hyperliquid WIF	0.2321	0.0227	get 0.0028% / 1h	13m 44s	$6.9M	$3.2M	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee HyperliquidbpOrdersRate

Funding earned: $118.41
Slippage, 4 orders: −$67.18
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $32.22
Break-even: 5.1 days

Slippage from Kraken Futures: live order book, 1 min ago; Hyperliquid: live order book, 10 min ago.

Price risk

price view

Price gap now: +0.066%
Avg gap 7d: −0.002%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 1 min ago	6.46 bp	30.1 bp −$30	80.2 bp −$802	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 10 min ago	2.35 bp	13.7 bp −$14	doesn't fit	doesn't fit	doesn't fit

WIF on 31 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective WIF/USDC PERP	−0.0997%	1h	$11K	$82K	12x	as long as short
Backpack WIF_USDC_PERP	−0.0437%	1h	$76K	$225K	10x	as long as short
Kraken Futures PF_WIFUSDlong	−0.0337%	1h	$628K	$1.6M	50x
Aster WIFUSDT	−0.0324%	4h	$24K	$204K	10x	as long as short
ApeX Omni WIFUSDT	−0.0190%	1h	$46K	$603K	25x	as long as short
Variational Omni WIF	−0.0163%	4h	$66K	$51K	—	as long as short
dYdX WIF-USD	0.0000%	1h	$17K	$582	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	$44K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	$17K	—	150x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0008% / S +0.0253%	1h	$3K	—	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_WIF_USDC	+0.0041%	4h	$4K	$1.3M	10x	as long as short
MEXC WIF_USDT	+0.0076%	4h	$20.9M	$9.6M	50x	as long as short
Binance WIFUSDT	+0.0079%	4h	$17.2M	$80.8M	75x	as long as short
Extended WIF-USD	+0.0080%	1h	$12K	$150K	25x	as long as short
Lighter WIF	+0.0096%	1h	$133K	$418K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	$51K	$478K	20x	as long as short
Aevo WIF-PERP	+0.0096%	1h	$77K	$85	3x	as long as short
Pacifica WIF	+0.0100%	1h	$72K	$37K	5x	as long as short
Bybit WIFUSDT	+0.0100%	4h	$16.6M	$30.2M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	$6.0M	$25.3M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	$1.4M	$6.0M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	$4.1M	$9.6M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	$7.4M	$9.8M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	—	$2.3M	—	as long as short
SunX WIF-USDT	+0.0100%	4h	$2K	$2.6M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	$525	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	$168K	$658K	75x	as long as short
Coinbase International WIF-PERP-INTX	+0.0192%	1h	$313K	$1.8M	50x	as long as short
Hyperliquid WIFshort	+0.0227%	1h	$6.9M	$3.2M	5x
BloFin WIF-USDT	+0.0286%	4h	$1.0M	$614K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	$0	—	15x	as long as short