Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.050%
Price spread now: Injective against Pacifica−1.023%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.023% cheaper against Pacifica than usual: you would sell low and buy high (−$102 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 | Pacifica WIF | 0.2420 | 0.0100 | pay 0.0013% / 1h | 18m 58s | $76K | $49K | 5x |
| Short | Injective WIF/USDC PERP | 0.2395 | 0.0033 | get 0.0004% / 1h | 18m 58s | $10K | $10K | 12x |
Pacifica WIF
Injective WIF/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −1.023% → 0.000%
- −$102.32
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$124.34
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Injective: 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Pacifica and Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0242% | 1h | 0.2420 | +0.014% | $74K | $246K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0163% | 1h | 0.2422 | +0.093% | $48K | $289K | 25x | as long as short |
| KuCoin WIFUSDTM | −0.0044% | 4h | 0.2420 | +0.010% | $4.1M | $11.5M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2419 | −0.045% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2424 | +0.156% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERPshort | +0.0033% | 1h | 0.2395 | −1.023% | $10K | $10K | 12x | |
| Orderly PERP_WIF_USDC | +0.0092% | 4h | 0.2422 | +0.093% | $5K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2422 | +0.076% | $136K | $549K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2420 | +0.010% | $54K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2424 | +0.167% | $7.5M | $4.0M | 5x | as long as short |
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
KuCoin WIFUSDTM
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Orderly PERP_WIF_USDC
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2422 | +0.097% | $25K | $255K | 10x | as long as short |
| Pacifica WIFlong | +0.0100% | 1h | 0.2420 | long leg | $76K | $49K | 5x | |
| Binance WIFUSDT | +0.0100% | 4h | 0.2421 | +0.051% | $18.0M | $100.9M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2421 | +0.051% | $16.8M | $35.1M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2420 | +0.010% | $6.1M | $31.3M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2422 | +0.093% | $1.2M | $7.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2422 | +0.093% | $21.9M | $10.7M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2423 | +0.134% | $7.5M | $11.7M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2425 | +0.217% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2413 | −0.271% | $71K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2416 | −0.150% | $275K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2417 | −0.114% | $43K | $618K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2417 | −0.114% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2420 | +0.031% | $555 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2420 | +0.010% | $168K | $718K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2420 | −0.010% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2421 | +0.052% | $81K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0223% / S −0.1260% | 1h | 0.2424 | +0.164% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2420 | +0.010% | $319K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2423 | +0.134% | $979K | $714K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0373% | 1h | 0.2423 | +0.126% | $633K | $2.1M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2419 | −0.023% | $0 | — | 15x | as long as short |
Aster WIFUSDT
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Kraken Futures PF_WIFUSD
Reya WIFRUSDPERP