Spread before costs (cost unknown: a leg has no order-book sample)+0.155%
7d average—if it closes, per $10,000$15funding while held, a day−$12.40
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WIFUSDT | 0.2479 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $17.4M | $29.2M | 50x |
| Short | GMX WIF/USD [WBTC.b-USDC] | 0.2483 | L +0.0045% / S +0.0313% | pay 0.0039% / 1h | 52m 25s | $12K | — | 100x |
Bybit WIFUSDT
GMX WIF/USD [WBTC.b-USDC]Price 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
- $15.45
- Funding while held
- −$12.4
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$19.95
- Spread needed to break even
- 0.230%
Slippage unknown: Bybit: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0413%
- Per $10,000 a day
- −$12.40
- 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 Bybit live order book, 3 min ago | 2.05 bp | 11.2 bp −$11 | 27.7 bp −$277 | 195.8 bp −$19.6K | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.ApeX Omni0.2437cheapestVariational Omni0.2442+0.225%Injective0.2451+0.574%Aster0.2463+1.084%KuCoin0.2466+1.190%Popdex0.2467+1.231%Pacifica0.2469+1.299%Lighter0.2469+1.313%dYdX0.2469+1.314%BingX0.2470+1.354%SoDEX0.2472+1.416%Coinbase International0.2472+1.436%BloFin0.2472+1.436%Backpack0.2473+1.469%SunX0.2473+1.477%HTX0.2474+1.518%OKX0.2475+1.559%Orderly0.2475+1.559%Hyperliquid0.2475+1.577%Extended0.2477+1.624%Reya0.2477+1.625%Bitget0.2477+1.641%Aevo0.2477+1.641%Deribit0.2477+1.641%
ApeX Omni
Variational Omni
Injective
Aster
KuCoin
Popdex
Pacifica
Lighter
dYdX
BingX
SoDEX
Coinbase International
BloFin
Backpack
SunX
HTX
OKX
Orderly
Hyperliquid
Extended
Reya
Bitget
Aevo
DeribitBybit0.2479+1.715%
Kraken Futures0.2479+1.722%Gate0.2479+1.723%MEXC0.2480+1.764%Binance0.2480+1.765%gTrade (Gains Network)0.2481+1.810%
Kraken Futures
Gate
MEXC
Binance
gTrade (Gains Network)GMX0.2483+1.872%
WIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni WIFUSDT | −1.686% | −0.0450% | 1h | $49K | $600K | 25x | as long as short |
| Variational Omni WIF | −1.465% | −0.0303% | 4h | $70K | $48K | — | as long as short |
| Injective WIF/USDC PERP | −1.122% | −0.0997% | 1h | $11K | $82K | 12x | as long as short |
| Aster WIFUSDT | −0.620% | −0.0218% | 4h | $33K | $159K | 10x | as long as short |
| KuCoin WIFUSDTM | −0.516% | +0.0060% | 4h | $4.0M | $9.0M | 75x | as long as short |
| Popdex WIFUSDT | −0.476% | +0.0096% | 1h | $54K | $474K | 20x | as long as short |
| Pacifica WIF | −0.409% | +0.0100% | 1h | $76K | $31K | 5x | as long as short |
| Lighter WIF | −0.395% | +0.0096% | 1h | $150K | $327K | 10x | as long as short |
| dYdX WIF-USD | −0.394% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |
| BingX WIF-USDC | −0.355% | +0.0100% | 4h | — | $2.3M | — | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX WIF-USD | −0.294% | +0.0100% | 1h | $564 | $5K | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | −0.274% | +0.0192% | 1h | $331K | $1.8M | 50x | as long as short |
| BloFin WIF-USDT | −0.274% | +0.0028% | 4h | $1.1M | $636K | 75x | as long as short |
| Backpack WIF_USDC_PERP | −0.242% | −0.0645% | 1h | $81K | $223K | 10x | as long as short |
| SunX WIF-USDT | −0.234% | +0.0100% | 4h | $2K | $2.6M | 50x | as long as short |
| HTX WIF-USDT | −0.194% | +0.0100% | 4h | $177K | $683K | 75x | as long as short |
| OKX WIF-USDT-SWAP | −0.153% | +0.0100% | 4h | $6.3M | $25.1M | 50x | as long as short |
| Orderly PERP_WIF_USDC | −0.153% | +0.0034% | 4h | $5K | $1.3M | 10x | as long as short |
| Hyperliquid WIF | −0.136% | +0.0159% | 1h | $7.4M | $3.4M | 5x | as long as short |
| Extended WIF-USD | −0.089% | +0.0016% | 1h | $13K | $150K | 25x | as long as short |
| Reya WIFRUSDPERP | −0.089% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Bitget WIFUSDT | −0.073% | +0.0100% | 4h | $9.4M | $8.1M | 50x | as long as short |
| Aevo WIF-PERP | −0.073% | +0.0080% | 1h | $83K | $85 | 3x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.073% | 0.0000% | 1h | $72K | $268K | 25x | as long as short |
| Bybit WIFUSDTlong | 0.000% | +0.0100% | 4h | $17.4M | $29.2M | 50x | |
| Kraken Futures PF_WIFUSD | +0.006% | −0.0315% | 1h | $648K | $1.4M | 50x | as long as short |
| Gate WIF_USDT | +0.008% | +0.0100% | 4h | $1.2M | $5.3M | 50x | as long as short |
| MEXC WIF_USDT | +0.048% | +0.0006% | 4h | $22.6M | $8.7M | 50x | as long as short |
| Binance WIFUSDT | +0.049% | +0.0013% | 4h | $18.3M | $73.9M | 75x | as long as short |
| gTrade (Gains Network) WIF/USD | +0.094% | L +0.0002% / S −0.0002% | 1h | $4K | — | 150x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]short | +0.155% | L +0.0045% / S +0.0313% | 1h | $12K | — | 100x |