WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0125%/8h= −13.6% APRnext payment −$0.16 per $10,000 · paid last 24h +0.032%

Price spread now: GMX against Deribit+0.076%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. GMX is 0.076% dearer against Deribit than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit WIF_USDC-PERPETUAL	0.2444	−0.0159	get 0.0020% / 1h	8m 08s	$32K	$275K	25x
Short	GMX WIF/USD [WBTC.b-USDC]	0.2446	L −0.0218% / S +0.0284%	pay 0.0035% / 1h	8m 08s	$19K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 DeribitbpFee GMXbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$26.15
Price spread: +0.076% → 0.000%: $7.57
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$37.59
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 30 min ago; GMX: 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, 30 min ago	5.95 bp	9.4 bp −$9	20.7 bp −$207	doesn't fit	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 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
GMX WIF/USD [WBTC.b-USDC]short	L −0.0218% / S +0.0284%	1h	0.2446	+0.076%	$19K	—	100x
Injective WIF/USDC PERP	−0.0161%	1h	0.2462	+0.736%	$10K	$11K	12x	as long as short
Deribit WIF_USDC-PERPETUALlong	−0.0159%	1h	0.2444	long leg	$32K	$275K	25x
BloFin WIF-USDT	−0.0140%	4h	0.2447	+0.123%	$994K	$930K	75x	as long as short
Backpack WIF_USDC_PERP	−0.0015%	1h	0.2445	+0.049%	$72K	$312K	10x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2447	+0.123%	$13K	$587	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2447	+0.104%	$4K	—	150x	as long as short
Lighter WIF	+0.0096%	1h	0.2447	+0.115%	$141K	$744K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2450	+0.245%	$52K	$577K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2448	+0.164%	$9.1M	$7.6M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster WIFUSDT	+0.0100%	4h	0.2447	+0.141%	$29K	$353K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2446	+0.099%	$77K	$77K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2446	+0.082%	$18.8M	$152.8M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2445	+0.041%	$16.7M	$50.4M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2446	+0.082%	$5.7M	$43.7M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2445	+0.041%	$1.2M	$9.8M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2445	+0.041%	$23.9M	$13.2M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2446	+0.082%	$4.0M	$17.3M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2446	+0.082%	$7.4M	$16.6M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2447	+0.123%	—	$27.2M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2481	+1.522%	$91K	$211K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2482	+1.572%	$279K	$3.0M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2482	+1.555%	$45K	$640K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2444	0.000%	$6K	$1.0M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2439	−0.205%	$2K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2444	0.000%	$564	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2445	+0.041%	$154K	$917K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2443	−0.044%	$9K	$176K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2442	−0.061%	$81K	—	3x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2446	+0.082%	$321K	$3.4M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2449	+0.213%	$0	—	15x	as long as short
Kraken Futures PF_WIFUSD	+0.0828%	1h	0.2448	+0.154%	$646K	$2.7M	50x	as long as short