WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h +0.028%

Price spread now: BloFin against Orderly−0.040%52s7-day average +0.011% · you buy dearer than you sell

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

Long on Orderly Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.455%+$46 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.040%, 7d avg +0.011%

Together, before fees+0.479%+$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.051% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.011%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.455%, so the current rate has only just turned against you. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_WIF_USDC	0.2520	0.0100	pay 0.0050% / 4h	35m 50s	$6K	$1.1M	10x
Short	BloFin WIF-USDT	0.2519	−0.0140	pay 0.0070% / 4h	35m 50s	$999K	$956K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Orderly. 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 OrderlybpFee BloFinbpOrdersPrice spread, now −0.040%Rate

Funding earned: −$50.4
Price spread: −0.040% → +0.011%: −$5.07
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$73.47
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 6 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell BloFin live order book, 6 min ago	5.92 bp	17.9 bp −$18	31.7 bp −$317	78.9 bp −$7,886	doesn't fit

Orderly: 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
Injective WIF/USDC PERP	−0.0161%	1h	0.2462	−2.302%	$10K	$11K	12x	as long as short
BloFin WIF-USDTshort	−0.0140%	4h	0.2519	−0.040%	$999K	$956K	75x
GMX WIF/USD [WBTC.b-USDC]	L −0.0073% / S +0.0254%	1h	0.2519	−0.037%	$20K	—	100x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2515	−0.179%	$14K	$587	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2518	−0.067%	$352	—	150x	as long as short
Lighter WIF	+0.0096%	1h	0.2520	+0.020%	$144K	$705K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2515	−0.198%	$54K	$575K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2522	+0.071%	$8.8M	$6.9M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2520	−0.004%	$31K	$351K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2518	−0.073%	$78K	$73K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WIFUSDT	+0.0100%	4h	0.2521	+0.023%	$19.2M	$147.9M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2518	−0.071%	$16.8M	$48.5M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2518	−0.079%	$5.7M	$43.5M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2519	−0.040%	$1.2M	$9.3M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2520	0.000%	$22.5M	$12.4M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2522	+0.079%	$4.3M	$16.9M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2519	−0.040%	$7.7M	$16.1M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2517	−0.119%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2518	−0.079%	$74K	$304K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2519	−0.059%	$74K	$193K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2524	+0.160%	$280K	$2.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2534	+0.556%	$46K	$636K	25x	as long as short
Orderly PERP_WIF_USDClong	+0.0100%	4h	0.2520	long leg	$6K	$1.1M	10x
SunX WIF-USDT	+0.0100%	4h	0.2516	−0.159%	$1K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2518	−0.079%	$575	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2511	−0.357%	$160K	$916K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2520	−0.008%	$12K	$176K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2516	−0.146%	$84K	$85	3x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0147%	1h	0.2521	+0.040%	$33K	$273K	25x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2519	−0.040%	$338K	$3.4M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2516	−0.158%	$1	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0805%	1h	0.2520	−0.007%	$656K	$2.7M	50x	as long as short