WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.064%

Price spread now: Deribit against Popdex−0.040%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$206as in the Price arb table

costs, in and out, $10k−$2052.050% of the position

Long on Popdex Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.291%−$29 on $10k

Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.040%, 7d avg −0.027%

Together, before fees−0.156%−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex WIFUSDT	0.2527	0.0096	pay 0.0012% / 1h	48m 30s	$54K	$633K	20x
Short	Deribit WIF_USDC-PERPETUAL	0.2526	0	get 0.0000% / 1h	48m 30s	$34K	$255K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Popdex. 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 PopdexbpFee DeribitbpOrdersPrice spread, now −0.040%Rate

Funding earned: −$20.16
Price spread: −0.040% → −0.027%: −$1.3
Slippage, 4 orders: −$191.58
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$226.44
Costs to cover: 2.050%
Break-even: never at this rate

Slippage from Popdex: live order book, 63 min ago; Deribit: live order book, 63 min ago.

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 Popdex live order book, 63 min ago	29.09 bp	64.9 bp −$65	306.1 bp −$3,061	doesn't fit	doesn't fit
Sell Deribit live order book, 63 min ago	3.90 bp	7.4 bp −$7	22.4 bp −$224	doesn't fit	doesn't fit

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	+1.266%	$10K	$28K	12x	as long as short
BloFin WIF-USDT	−0.0140%	4h	0.2524	−0.119%	$1.1M	$1.1M	75x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L −0.0117% / S +0.0179%	1h	0.2516	−0.422%	$9K	—	100x	as long as short
Backpack WIF_USDC_PERP	−0.0027%	1h	0.2524	−0.115%	$87K	$363K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2524	−0.102%	$13K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUALshort	0.0000%	1h	0.2526	−0.040%	$34K	$255K	25x
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2516	−0.452%	$4K	—	150x	as long as short
Orderly PERP_WIF_USDC	+0.0095%	4h	0.2526	−0.040%	$5K	$1.0M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2527	0.000%	$140K	$879K	10x	as long as short
Popdex WIFUSDTlong	+0.0096%	1h	0.2527	long leg	$54K	$633K	20x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid WIF	+0.0100%	1h	0.2532	+0.182%	$10.0M	$9.5M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2526	−0.052%	$32K	$420K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2524	−0.109%	$78K	$98K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2526	−0.044%	$20.3M	$173.0M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2529	+0.091%	$17.3M	$58.6M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2531	+0.158%	$6.2M	$51.3M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2525	−0.079%	$1.2M	$12.6M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2525	−0.079%	$22.5M	$15.0M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2524	−0.119%	$3.8M	$18.5M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2531	+0.158%	$7.6M	$19.5M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2525	−0.079%	—	$27.6M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2512	−0.599%	$77K	$366K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2515	−0.494%	$284K	$3.3M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2515	−0.475%	$36K	$646K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2518	−0.356%	$2K	$3.2M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2525	−0.059%	$3K	$6K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2520	−0.277%	$156K	$1.0M	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2525	−0.092%	$9K	$259K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2526	−0.051%	$84K	—	3x	as long as short
Coinbase International WIF-PERP-INTX	+0.0552%	1h	0.2522	−0.198%	$341K	$3.9M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2513	−0.568%	$1	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0568%	1h	0.2527	−0.014%	$648K	$3.0M	50x	as long as short