Funding you earn now, next payment 23:00 UTC−0.0159%/8h= −17.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.108%
Price spread now: dYdX against Deribit−0.097%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and dYdX is 0.097% cheaper against Deribit than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit WIF_USDC-PERPETUAL | 0.2448 | 0.0159 | pay 0.0020% / 1h | 5m 30s | $48K | $289K | 25x |
| Short | dYdX WIF-USD | 0.2446 | 0 | get 0.0000% / 1h | 5m 30s | $18K | $582 | 10x |
Deribit WIF_USDC-PERPETUAL
dYdX WIF-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Deribit. 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
- −$33.32
- Price spread: −0.097% → 0.000%
- −$9.67
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$59.99
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 13 min ago; dYdX: 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 Deribit live order book, 13 min ago | 4.13 bp | 11.3 bp −$11 | 23.2 bp −$232 | 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 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 | −0.0287% | 1h | 0.2445 | −0.106% | $74K | $246K | 10x | as long as short |
| KuCoin WIFUSDTM | −0.0022% | 4h | 0.2447 | −0.041% | $4.2M | $11.2M | 75x | as long as short |
| dYdX WIF-USDshort | 0.0000% | 1h | 0.2446 | −0.097% | $18K | $582 | 10x | |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2448 | −0.016% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −2.165% | $10K | $10K | 12x | as long as short |
| Orderly PERP_WIF_USDC | +0.0090% | 4h | 0.2447 | −0.041% | $5K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2447 | −0.061% | $133K | $555K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2446 | −0.082% | $54K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2451 | +0.118% | $7.6M | $4.0M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2447 | −0.034% | $25K | $255K | 10x | as long as short |
Backpack WIF_USDC_PERP
KuCoin WIFUSDTM
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Orderly PERP_WIF_USDC
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WIF | +0.0100% | 1h | 0.2447 | −0.060% | $77K | $49K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2448 | +0.011% | $18.3M | $101.4M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2445 | −0.131% | $16.9M | $35.3M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2447 | −0.041% | $6.1M | $31.8M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2446 | −0.082% | $1.2M | $7.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2447 | −0.041% | $22.2M | $10.8M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2447 | −0.041% | $7.5M | $11.7M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2448 | 0.000% | — | $65.6M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2420 | −1.137% | $72K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2433 | −0.624% | $277K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2438 | −0.408% | $43K | $619K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2442 | −0.245% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2446 | −0.082% | $561 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2442 | −0.245% | $169K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2445 | −0.142% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2446 | −0.092% | $82K | $85 | 3x | as long as short |
| Deribit WIF_USDC-PERPETUALlong | +0.0159% | 1h | 0.2448 | long leg | $48K | $289K | 25x | |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0237% / S −0.1355% | 1h | 0.2448 | +0.013% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2446 | −0.082% | $321K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2437 | −0.449% | $982K | $718K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0370% | 1h | 0.2447 | −0.021% | $652K | $2.2M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2448 | −0.013% | $0 | — | 15x | as long as short |
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDT
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Kraken Futures PF_WIFUSD
Reya WIFRUSDPERP