Spread before costs (cost unknown: a leg has no order-book sample)+0.107%
7d average—if it closes, per $10,000$11funding while held, a day+$17.71
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WIF_USDC_PERP | 0.2362 | −0.0590 | get 0.0074% / 1h | 31m 31s | $75K | $230K | 10x |
| Short | dYdX WIF-USD | 0.2365 | 0 | get 0.0000% / 1h | 31m 31s | $18K | $582 | 10x |
Backpack WIF_USDC_PERP
dYdX WIF-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $10.68
- Funding while held
- $17.71
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $8.39
- Spread needed to break even
- 0.200%
Slippage unknown: Backpack: live order book, 24 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0590%
- Per $10,000 a day
- +$17.71
- Average in range /8h
- —
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 Backpack live order book, 24 min ago | 0.21 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.2358cheapestReya0.2360+0.083%Gate0.2361+0.141%SunX0.2361+0.141%Bybit0.2361+0.154%
Variational Omni
Reya
Gate
SunX
BybitBackpack0.2362+0.205%
Extended0.2363+0.225%OKX0.2363+0.226%KuCoin0.2363+0.226%BingX0.2363+0.226%SoDEX0.2364+0.247%Binance0.2364+0.251%Pacifica0.2364+0.264%Popdex0.2364+0.268%MEXC0.2364+0.268%Bitget0.2364+0.268%Orderly0.2364+0.268%Aster0.2365+0.291%GMX0.2365+0.295%Lighter0.2365+0.302%Aevo0.2365+0.308%Deribit0.2365+0.311%BloFin0.2365+0.311%gTrade (Gains Network)0.2365+0.311%
Extended
OKX
KuCoin
BingX
SoDEX
Binance
Pacifica
Popdex
MEXC
Bitget
Orderly
Aster
GMX
Lighter
Aevo
Deribit
BloFin
gTrade (Gains Network)dYdX0.2365+0.312%
HTX0.2366+0.353%Hyperliquid0.2366+0.374%Kraken Futures0.2367+0.375%Coinbase International0.2367+0.395%ApeX Omni0.2376+0.777%Injective0.2379+0.904%
HTX
Hyperliquid
Kraken Futures
Coinbase International
ApeX Omni
InjectiveWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni WIF | −0.204% | −0.0332% | 4h | $67K | $48K | — | as long as short |
| Reya WIFRUSDPERP | −0.122% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Gate WIF_USDT | −0.063% | −0.0052% | 4h | $1.2M | $6.3M | 50x | as long as short |
| SunX WIF-USDT | −0.063% | +0.0100% | 4h | $1K | $2.7M | 50x | as long as short |
| Bybit WIFUSDT | −0.051% | −0.0430% | 4h | $16.4M | $30.9M | 50x | as long as short |
| Backpack WIF_USDC_PERPlong | 0.000% | −0.0590% | 1h | $75K | $230K | 10x | |
| Extended WIF-USD | +0.020% | +0.0104% | 1h | $12K | $148K | 25x | as long as short |
| OKX WIF-USDT-SWAP | +0.021% | +0.0100% | 4h | $6.0M | $26.9M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.021% | +0.0100% | 4h | $4.4M | $10.0M | 75x | as long as short |
| BingX WIF-USDT | +0.021% | +0.0100% | 4h | — | $64.2M | — | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX WIF-USD | +0.042% | +0.0100% | 1h | $533 | $5K | 5x | as long as short |
| Binance WIFUSDT | +0.046% | +0.0100% | 4h | $17.8M | $85.4M | 75x | as long as short |
| Pacifica WIF | +0.059% | +0.0100% | 1h | $73K | $40K | 5x | as long as short |
| Popdex WIFUSDT | +0.063% | +0.0096% | 1h | $53K | $480K | 20x | as long as short |
| MEXC WIF_USDT | +0.063% | +0.0100% | 4h | $20.8M | $9.5M | 50x | as long as short |
| Bitget WIFUSDT | +0.063% | +0.0100% | 4h | $7.3M | $10.3M | 50x | as long as short |
| Orderly PERP_WIF_USDC | +0.063% | +0.0065% | 4h | $4K | $1.3M | 10x | as long as short |
| Aster WIFUSDT | +0.086% | −0.0250% | 4h | $22K | $214K | 10x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | +0.090% | L +0.0019% / S +0.0179% | 1h | $4K | — | 100x | as long as short |
| Lighter WIF | +0.097% | +0.0096% | 1h | $133K | $432K | 10x | as long as short |
| Aevo WIF-PERP | +0.103% | +0.0104% | 1h | $79K | $85 | 3x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.106% | 0.0000% | 1h | $45K | $290K | 25x | as long as short |
| BloFin WIF-USDT | +0.106% | +0.0340% | 4h | $1.0M | $638K | 75x | as long as short |
| gTrade (Gains Network) WIF/USD | +0.107% | L +0.0002% / S −0.0002% | 1h | $18K | — | 150x | as long as short |
| dYdX WIF-USDshort | +0.107% | 0.0000% | 1h | $18K | $582 | 10x | |
| HTX WIF-USDT | +0.148% | +0.0100% | 4h | $160K | $664K | 75x | as long as short |
| Hyperliquid WIF | +0.169% | +0.0100% | 1h | $7.0M | $3.3M | 5x | as long as short |
| Kraken Futures PF_WIFUSD | +0.170% | +0.0201% | 1h | $621K | $1.7M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.190% | +0.0256% | 1h | $308K | $2.0M | 50x | as long as short |
| ApeX Omni WIFUSDT | +0.571% | +0.0100% | 1h | $45K | $605K | 25x | as long as short |
| Injective WIF/USDC PERP | +0.698% | +0.0033% | 1h | $11K | $67K | 12x | as long as short |