Funding you earn now, next payment 10:00 UTC+0.0452%/8h= +49.5% APRnext payment +$0.56 per $10,000 · paid last 24h +0.051%
Price spread now: Coinbase International against Pacifica+0.166%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.313%+$31 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Coinbase International is 0.166% dearer against Pacifica than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.313% in total (about 16.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.56 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 | Pacifica WIF | 0.2518 | 0.0100 | pay 0.0013% / 1h | 27m 46s | $78K | $98K | 5x |
| Short | Coinbase International WIF-PERP-INTX | 0.2522 | 0.0552 | get 0.0069% / 1h | 27m 46s | $342K | $3.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Pacifica. 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
- $94.92
- Price spread: +0.166% → 0.000%
- $16.6
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $93.52
- Costs to cover
- 0.180%
- Break-even
- 0.1 days
Slippage unknown: Pacifica: no order-book sample; Coinbase International: live order book, 4 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 4 min ago | 9.97 bp | 30.6 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
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 | +1.636% | $10K | $28K | 12x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0148% | 1h | 0.2513 | −0.191% | $33K | $254K | 25x | as long as short |
| BloFin WIF-USDT | −0.0140% | 4h | 0.2520 | +0.087% | $1.1M | $1.1M | 75x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L −0.0119% / S +0.0181% | 1h | 0.2513 | −0.199% | $9K | — | 100x | as long as short |
| Backpack WIF_USDC_PERP | −0.0050% | 1h | 0.2514 | −0.152% | $84K | $375K | 10x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2514 | −0.136% | $13K | $587 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2512 | −0.222% | $4K | — | 150x | as long as short |
| Orderly PERP_WIF_USDC | +0.0096% | 4h | 0.2513 | −0.191% | $5K | $955K | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2520 | +0.075% | $142K | $884K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2513 | −0.191% | $52K | $636K | 20x | 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 | 0.2518 | +0.011% | $9.9M | $9.5M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2517 | −0.033% | $30K | $426K | 10x | as long as short |
| Pacifica WIFlong | +0.0100% | 1h | 0.2518 | long leg | $78K | $98K | 5x | |
| Binance WIFUSDT | +0.0100% | 4h | 0.2518 | +0.007% | $20.3M | $174.1M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2517 | −0.033% | $17.3M | $59.1M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2519 | +0.047% | $6.2M | $51.3M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2516 | −0.072% | $1.2M | $12.7M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2517 | −0.033% | $22.4M | $15.1M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2516 | −0.072% | $3.7M | $18.6M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2518 | +0.007% | $7.6M | $19.6M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2516 | −0.072% | — | $27.6M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2505 | −0.513% | $76K | $366K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2506 | −0.488% | $285K | $3.4M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2507 | −0.430% | $36K | $646K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2508 | −0.390% | $1K | $3.2M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2514 | −0.172% | $3K | $6K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2511 | −0.271% | $155K | $1.0M | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2517 | −0.046% | $9K | $261K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2513 | −0.195% | $84K | — | 3x | as long as short |
| Coinbase International WIF-PERP-INTXshort | +0.0552% | 1h | 0.2522 | +0.166% | $342K | $3.9M | 50x | |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2511 | −0.255% | $1 | — | 15x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0570% | 1h | 0.2515 | −0.128% | $630K | $3.1M | 50x | as long as short |
Pacifica WIF
Coinbase International WIF-PERP-INTX
Injective WIF/USDC PERP
Deribit WIF_USDC-PERPETUAL
BloFin WIF-USDT
GMX WIF/USD [WBTC.b-USDC]
Backpack WIF_USDC_PERP
gTrade (Gains Network) WIF/USD
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
Kraken Futures PF_WIFUSD