Funding you earn now, next payment 04:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.44 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against SunX0.000%7-day average +0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2072.074% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 3 days (all we have)+0.156%+$16 · spread now 0.000%, 7d avg +0.180%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.180% cheaper against SunX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.180%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX WIF-USDT | 0.2470 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $2K | $2.8M | 50x |
| Short | Gate WIF_USDT | 0.2470 | 0.0012 | get 0.0006% / 4h | 2h 03m | $1.2M | $7.5M | 50x |
SunX WIF-USDT
Gate WIF_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against SunX. 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
- −$18.48
- Price spread: 0.000% → +0.180%
- −$17.98
- Slippage, 4 orders
- −$184.44
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$243.91
- Costs to cover
- 2.074%
- Break-even
- never at this rate
Slippage from SunX: live order book, 5 min ago; Gate: live order book, just now.
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 SunX live order book, 5 min ago | 34.36 bp | 97.0 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 4.05 bp | 21.3 bp −$21 | 106.1 bp −$1,061 | 176.0 bp −$17.6K | doesn't fit |
WIF on 31 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 | −0.0783% | 1h | 0.2470 | 0.000% | $11K | $10K | 12x | as long as short |
| Kraken Futures PF_WIFUSD | −0.0074% | 1h | 0.2474 | +0.180% | $643K | $2.3M | 50x | as long as short |
| Backpack WIF_USDC_PERP | −0.0008% | 1h | 0.2467 | −0.113% | $81K | $273K | 10x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2475 | +0.182% | $19K | $589 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2472 | +0.081% | $49K | $266K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2472 | +0.097% | $799 | — | 150x | as long as short |
| Gate WIF_USDTshort | +0.0012% | 4h | 0.2470 | 0.000% | $1.2M | $7.5M | 50x | |
| Lighter WIF | +0.0096% | 1h | 0.2475 | +0.198% | $140K | $627K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2475 | +0.202% | $57K | $497K | 20x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2473 | +0.121% | $5K | $1.3M | 10x | as long as short |
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD
Backpack WIF_USDC_PERP
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Lighter WIF
Popdex WIFUSDT
Orderly PERP_WIF_USDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2474 | +0.160% | $35K | $279K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2476 | +0.260% | $77K | $55K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2470 | +0.003% | $18.8M | $113.4M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2468 | −0.097% | $17.0M | $38.2M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2467 | −0.121% | $5.9M | $34.7M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2470 | 0.000% | $22.0M | $11.2M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2474 | +0.162% | $4.5M | $13.3M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2468 | −0.081% | $7.5M | $12.6M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2472 | +0.081% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2476 | +0.225% | $75K | $69K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2470 | +0.003% | $276K | $2.0M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2475 | +0.202% | $43K | $628K | 25x | as long as short |
| SunX WIF-USDTlong | +0.0100% | 4h | 0.2470 | long leg | $2K | $2.8M | 50x | |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2473 | +0.126% | $565 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2471 | +0.040% | $167K | $733K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2471 | +0.036% | $8K | $152K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2473 | +0.113% | $83K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0165% / S −0.0033% | 1h | 0.2471 | +0.045% | $8K | — | 100x | as long as short |
| Hyperliquid WIF | +0.0219% | 1h | 0.2473 | +0.105% | $8.0M | $4.7M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0304% | 1h | 0.2475 | +0.202% | $329K | $2.5M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2471 | +0.044% | $0 | — | 15x | as long as short |
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Hyperliquid WIF
Coinbase International WIF-PERP-INTX
Reya WIFRUSDPERP