WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.013%

Price spread now: Orderly against BingX−0.200%7-day average −0.041% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 3 days (all we have)+0.258%+$26 · spread now −0.200%, 7d avg −0.041%

Together, before fees+0.168%+$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.160% cheaper against BingX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX WIF-USDT	0.2496	0.0100	pay 0.0050% / 4h	3h 35m	—	$65.8M	—
Short	Orderly PERP_WIF_USDC	0.2491	0.0095	get 0.0047% / 4h	3h 35m	$5K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BingXbpFee OrderlybpOrdersPrice spread, now −0.200%Rate

Funding earned: −$1.09
Price spread: −0.200% → −0.041%: −$15.95
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$33.04
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 3 min ago; Orderly: 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 BingX live order book, 3 min ago	4.07 bp	10.6 bp −$11	23.6 bp −$236	93.3 bp −$9,335	519.3 bp −$259.7K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0357%	1h	0.2502	+0.232%	$77K	$252K	10x	as long as short
Gate WIF_USDT	−0.0122%	4h	0.2494	−0.080%	$1.3M	$7.1M	50x	as long as short
KuCoin WIFUSDTM	−0.0010%	4h	0.2502	+0.240%	$4.5M	$12.0M	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2497	+0.021%	$19K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2491	−0.200%	$49K	$289K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2491	−0.218%	$16K	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2395	−4.046%	$10K	$10K	12x	as long as short
Kraken Futures PF_WIFUSD	+0.0039%	1h	0.2491	−0.213%	$654K	$2.2M	50x	as long as short
Orderly PERP_WIF_USDCshort	+0.0095%	4h	0.2491	−0.200%	$5K	$1.3M	10x
Lighter WIF	+0.0096%	1h	0.2496	0.000%	$143K	$588K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex WIFUSDT	+0.0096%	1h	0.2493	−0.120%	$56K	$484K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2502	+0.241%	$25K	$273K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2496	+0.004%	$77K	$51K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2492	−0.145%	$19.2M	$106.6M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2490	−0.240%	$17.1M	$36.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2489	−0.280%	$6.0M	$33.7M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2497	+0.040%	$22.5M	$10.9M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2494	−0.080%	$7.7M	$12.0M	50x	as long as short
BingX WIF-USDTlong	+0.0100%	4h	0.2496	long leg	—	$65.8M	—
Variational Omni WIF	+0.0100%	4h	0.2488	−0.316%	$74K	$68K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2450	−1.842%	$275K	$1.9M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2466	−1.202%	$43K	$632K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2485	−0.441%	$1K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2489	−0.280%	$568	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2489	−0.280%	$171K	$742K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2494	−0.071%	$11K	$154K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2490	−0.257%	$83K	$85	3x	as long as short
Hyperliquid WIF	+0.0165%	1h	0.2507	+0.437%	$8.0M	$4.3M	5x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0191% / S −0.0138%	1h	0.2491	−0.206%	$7K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0288%	1h	0.2495	−0.040%	$334K	$2.5M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2474	−0.881%	$1.0M	$740K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2492	−0.175%	$0	—	15x	as long as short