Spread before costs (cost unknown: a leg has no order-book sample)−0.130%
7d average—if it closes, per $10,000$13funding while held, a day−$19.95
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX WIF-USD | 0.2406 | 0 | get 0.0000% / 1h | 54m 31s | $18K | $582 | 10x |
| Short | Backpack WIF_USDC_PERP | 0.2403 | −0.0665 | pay 0.0083% / 1h | 54m 31s | $72K | $235K | 10x |
dYdX WIF-USD
Backpack 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
- −$12.98
- Funding while held
- −$19.95
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$52.93
- Spread needed to break even
- 0.200%
Slippage unknown: dYdX: no order-book sample; Backpack: live order book, 56 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0665%
- Per $10,000 a day
- −$19.95
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 56 min ago | 0.21 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Gate0.2401cheapestKuCoin0.2401cheapestBinance0.2401+0.018%OKX0.2402+0.042%Bybit0.2402+0.050%
Gate
KuCoin
Binance
OKX
BybitBackpack0.2403+0.079%
Extended0.2403+0.080%Popdex0.2403+0.083%MEXC0.2403+0.083%BingX0.2403+0.083%SunX0.2403+0.083%Bitget0.2404+0.125%Pacifica0.2404+0.129%Lighter0.2404+0.137%Aevo0.2406+0.187%SoDEX0.2406+0.187%Reya0.2406+0.189%Aster0.2406+0.190%Deribit0.2406+0.208%
Extended
Popdex
MEXC
BingX
SunX
Bitget
Pacifica
Lighter
Aevo
SoDEX
Reya
Aster
DeribitdYdX0.2406+0.209%
Hyperliquid0.2407+0.237%GMX0.2407+0.240%gTrade (Gains Network)0.2407+0.250%Orderly0.2407+0.250%HTX0.2407+0.250%BloFin0.2407+0.250%Kraken Futures0.2410+0.354%Variational Omni0.2410+0.356%Coinbase International0.2411+0.416%ApeX Omni0.2416+0.625%Injective0.2445+1.833%
Hyperliquid
GMX
gTrade (Gains Network)
Orderly
HTX
BloFin
Kraken Futures
Variational Omni
Coinbase International
ApeX Omni
InjectiveWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate WIF_USDT | −0.209% | −0.0066% | 4h | $1.2M | $6.7M | 50x | as long as short |
| KuCoin WIFUSDTM | −0.209% | +0.0042% | 4h | $4.3M | $10.6M | 75x | as long as short |
| Binance WIFUSDT | −0.191% | +0.0100% | 4h | $18.5M | $93.0M | 75x | as long as short |
| OKX WIF-USDT-SWAP | −0.167% | +0.0100% | 4h | $6.1M | $29.0M | 50x | as long as short |
| Bybit WIFUSDT | −0.159% | −0.0171% | 4h | $16.8M | $33.1M | 50x | as long as short |
| Backpack WIF_USDC_PERPshort | −0.130% | −0.0665% | 1h | $72K | $235K | 10x | |
| Extended WIF-USD | −0.129% | +0.0104% | 1h | $9K | $152K | 25x | as long as short |
| Popdex WIFUSDT | −0.126% | +0.0096% | 1h | $53K | $481K | 20x | as long as short |
| MEXC WIF_USDT | −0.126% | +0.0100% | 4h | $21.5M | $10.3M | 50x | as long as short |
| BingX WIF-USDT | −0.126% | +0.0100% | 4h | — | $64.4M | — | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX WIF-USDT | −0.126% | +0.0100% | 4h | $1K | $2.7M | 50x | as long as short |
| Bitget WIFUSDT | −0.084% | +0.0100% | 4h | $7.4M | $11.0M | 50x | as long as short |
| Pacifica WIF | −0.080% | +0.0100% | 1h | $74K | $44K | 5x | as long as short |
| Lighter WIF | −0.072% | +0.0096% | 1h | $137K | $492K | 10x | as long as short |
| Aevo WIF-PERP | −0.022% | +0.0104% | 1h | $80K | $85 | 3x | as long as short |
| SoDEX WIF-USD | −0.022% | +0.0100% | 1h | $540 | $5K | 5x | as long as short |
| Reya WIFRUSDPERP | −0.020% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Aster WIFUSDT | −0.019% | +0.0009% | 4h | $25K | $240K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.001% | −0.0165% | 1h | $46K | $290K | 25x | as long as short |
| dYdX WIF-USDlong | 0.000% | 0.0000% | 1h | $18K | $582 | 10x | |
| Hyperliquid WIF | +0.028% | +0.0100% | 1h | $7.1M | $3.4M | 5x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | +0.031% | L +0.0043% / S +0.0013% | 1h | $4K | — | 100x | as long as short |
| gTrade (Gains Network) WIF/USD | +0.041% | L +0.0002% / S −0.0001% | 1h | $15K | — | 150x | as long as short |
| Orderly PERP_WIF_USDC | +0.041% | +0.0084% | 4h | $5K | $1.3M | 10x | as long as short |
| HTX WIF-USDT | +0.041% | +0.0100% | 4h | $167K | $701K | 75x | as long as short |
| BloFin WIF-USDT | +0.041% | +0.0340% | 4h | $1.1M | $678K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | +0.145% | +0.0348% | 1h | $648K | $1.9M | 50x | as long as short |
| Variational Omni WIF | +0.146% | −0.0273% | 4h | $69K | $50K | — | as long as short |
| Coinbase International WIF-PERP-INTX | +0.207% | +0.0296% | 1h | $348K | $2.2M | 50x | as long as short |
| ApeX Omni WIFUSDT | +0.415% | −0.0328% | 1h | $46K | $608K | 25x | as long as short |
| Injective WIF/USDC PERP | +1.620% | −0.0650% | 1h | $11K | $30K | 12x | as long as short |