Spread before costs (cost unknown: a leg has no order-book sample)+1.351%
7d average—if it closes, per $10,000$135funding while held, a day+$1.39
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack WIF_USDC_PERP | 0.2412 | −0.0696 | get 0.0087% / 1h | 58m 47s | $72K | $235K | 10x |
| Short | Injective WIF/USDC PERP | 0.2445 | −0.0650 | pay 0.0081% / 1h | 58m 47s | $11K | $30K | 12x |
Backpack WIF_USDC_PERP
Injective WIF/USDC PERPPrice 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
- $135.14
- Funding while held
- $1.39
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $126.5
- Spread needed to break even
- 0.100%
Slippage unknown: Backpack: live order book, 52 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0046%
- Per $10,000 a day
- +$1.39
- 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, 52 min ago | 0.21 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.2410cheapestBinance0.2411+0.025%Gate0.2411+0.025%Pacifica0.2412+0.061%Aster0.2412+0.066%OKX0.2412+0.066%MEXC0.2412+0.066%KuCoin0.2412+0.066%
Bybit
Binance
Gate
Pacifica
Aster
OKX
MEXC
KuCoinBackpack0.2412+0.083%
SoDEX0.2412+0.087%Extended0.2413+0.105%Bitget0.2413+0.108%BingX0.2413+0.108%Lighter0.2413+0.112%Aevo0.2414+0.141%dYdX0.2414+0.149%Deribit0.2414+0.149%Hyperliquid0.2414+0.170%Orderly0.2415+0.191%Reya0.2416+0.214%BloFin0.2416+0.232%gTrade (Gains Network)0.2417+0.273%SunX0.2417+0.274%GMX0.2417+0.283%Kraken Futures0.2417+0.283%HTX0.2418+0.315%Coinbase International0.2419+0.357%Popdex0.2420+0.398%Variational Omni0.2425+0.587%ApeX Omni0.2425+0.606%
SoDEX
Extended
Bitget
BingX
Lighter
Aevo
dYdX
Deribit
Hyperliquid
Orderly
Reya
BloFin
gTrade (Gains Network)
SunX
GMX
Kraken Futures
HTX
Coinbase International
Popdex
Variational Omni
ApeX OmniInjective0.2445+1.435%
WIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit WIFUSDT | −0.083% | −0.0203% | 4h | $16.9M | $33.1M | 50x | as long as short |
| Binance WIFUSDT | −0.058% | +0.0100% | 4h | $18.5M | $92.9M | 75x | as long as short |
| Gate WIF_USDT | −0.058% | −0.0062% | 4h | $1.2M | $6.7M | 50x | as long as short |
| Pacifica WIF | −0.022% | +0.0100% | 1h | $75K | $44K | 5x | as long as short |
| Aster WIFUSDT | −0.017% | +0.0007% | 4h | $24K | $240K | 10x | as long as short |
| OKX WIF-USDT-SWAP | −0.017% | +0.0100% | 4h | $6.1M | $29.1M | 50x | as long as short |
| MEXC WIF_USDT | −0.017% | +0.0100% | 4h | $21.9M | $10.3M | 50x | as long as short |
| KuCoin WIFUSDTM | −0.017% | +0.0054% | 4h | $4.3M | $10.5M | 75x | as long as short |
| Backpack WIF_USDC_PERPlong | 0.000% | −0.0696% | 1h | $72K | $235K | 10x | |
| SoDEX WIF-USD | +0.004% | +0.0040% | 1h | $542 | $5K | 5x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended WIF-USD | +0.022% | +0.0104% | 1h | $12K | $148K | 25x | as long as short |
| Bitget WIFUSDT | +0.025% | +0.0100% | 4h | $7.4M | $11.0M | 50x | as long as short |
| BingX WIF-USDT | +0.025% | +0.0100% | 4h | — | $64.4M | — | as long as short |
| Lighter WIF | +0.029% | +0.0096% | 1h | $137K | $492K | 10x | as long as short |
| Aevo WIF-PERP | +0.058% | +0.0104% | 1h | $81K | $85 | 3x | as long as short |
| dYdX WIF-USD | +0.066% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.066% | −0.0164% | 1h | $46K | $290K | 25x | as long as short |
| Hyperliquid WIF | +0.087% | +0.0100% | 1h | $7.1M | $3.4M | 5x | as long as short |
| Orderly PERP_WIF_USDC | +0.108% | +0.0083% | 4h | $5K | $1.3M | 10x | as long as short |
| Reya WIFRUSDPERP | +0.131% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| BloFin WIF-USDT | +0.149% | +0.0340% | 4h | $1.1M | $681K | 75x | as long as short |
| gTrade (Gains Network) WIF/USD | +0.189% | L +0.0002% / S −0.0001% | 1h | $15K | — | 150x | as long as short |
| SunX WIF-USDT | +0.191% | +0.0100% | 4h | $2K | $2.7M | 50x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | +0.199% | L +0.0043% / S +0.0019% | 1h | $4K | — | 100x | as long as short |
| Kraken Futures PF_WIFUSD | +0.200% | +0.0347% | 1h | $650K | $1.9M | 50x | as long as short |
| HTX WIF-USDT | +0.232% | +0.0100% | 4h | $168K | $703K | 75x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.274% | +0.0296% | 1h | $350K | $2.3M | 50x | as long as short |
| Popdex WIFUSDT | +0.315% | +0.0096% | 1h | $53K | $481K | 20x | as long as short |
| Variational Omni WIF | +0.504% | −0.0288% | 4h | $69K | $50K | — | as long as short |
| ApeX Omni WIFUSDT | +0.522% | +0.0100% | 1h | $46K | $605K | 25x | as long as short |
| Injective WIF/USDC PERPshort | +1.351% | −0.0650% | 1h | $11K | $30K | 12x |