Funding you earn now, next payment 11:00 UTC−0.0461%/8h= −50.5% APRnext payment −$0.58 per $10,000 · paid last 24h −0.007%
Price spread now: Pacifica against Kraken Futures−0.059%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Pacifica is 0.059% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.103%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.103% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.58 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_WIFUSD | 0.2556 | 0.0561 | pay 0.0070% / 1h | 6m 10s | $651K | $3.1M | 50x |
| Short | Pacifica WIF | 0.2555 | 0.0100 | get 0.0013% / 1h | 6m 10s | $79K | $99K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$96.86
- Price spread: −0.059% → 0.000%
- −$5.94
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$120.8
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago | 9.79 bp | 26.0 bp −$26 | 132.7 bp −$1,327 | 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 exchanges
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 | −0.0389% | 1h | 0.2559 | +0.114% | $10K | $28K | 12x | as long as short |
| BloFin WIF-USDT | −0.0140% | 4h | 0.2565 | +0.349% | $1.1M | $1.1M | 75x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L −0.0121% / S +0.0182% | 1h | 0.2554 | −0.072% | $9K | — | 100x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2555 | −0.029% | $13K | $587 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2554 | −0.082% | $34K | $252K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2553 | −0.114% | $4K | — | 150x | as long as short |
| Backpack WIF_USDC_PERP | +0.0010% | 1h | 0.2553 | −0.109% | $90K | $384K | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2557 | +0.043% | $143K | $924K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2554 | −0.082% | $53K | $629K | 20x | as long as short |
| Orderly PERP_WIF_USDC | +0.0098% | 4h | 0.2554 | −0.082% | $5K | $900K | 10x | as long as short |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WIF | +0.0100% | 1h | 0.2555 | −0.058% | $10.0M | $9.6M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2555 | −0.060% | $30K | $426K | 10x | as long as short |
| Pacifica WIFshort | +0.0100% | 1h | 0.2555 | −0.059% | $79K | $99K | 5x | |
| Binance WIFUSDT | +0.0100% | 4h | 0.2554 | −0.081% | $20.9M | $177.4M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2552 | −0.156% | $17.5M | $60.0M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2555 | −0.043% | $6.3M | $52.6M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2554 | −0.082% | $1.2M | $13.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2554 | −0.082% | $22.4M | $15.3M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2554 | −0.082% | $3.8M | $18.8M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2555 | −0.043% | $7.7M | $19.8M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2554 | −0.082% | — | $27.7M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2565 | +0.362% | $77K | $367K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2571 | +0.589% | $285K | $3.4M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2568 | +0.466% | $37K | $646K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2550 | −0.238% | $2K | $3.2M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2555 | −0.031% | $3K | $6K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2558 | +0.075% | $160K | $1.1M | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2554 | −0.094% | $11K | $264K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2555 | −0.042% | $85K | — | 3x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0552% | 1h | 0.2553 | −0.121% | $351K | $4.1M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2554 | −0.098% | $1 | — | 15x | as long as short |
| Kraken Futures PF_WIFUSDlong | +0.0561% | 1h | 0.2556 | long leg | $651K | $3.1M | 50x |
Kraken Futures PF_WIFUSD
Pacifica WIF
Injective WIF/USDC PERP
BloFin WIF-USDT
GMX WIF/USD [WBTC.b-USDC]
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Backpack WIF_USDC_PERP
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDT
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDT
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Coinbase International WIF-PERP-INTX