Funding you earn now, next payment 22:00 UTC+0.0801%/8h= +87.7% APRpaid last 24h −0.085%
Price spread now: GMX against Gate+0.052%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and GMX is 0.052% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WIF_USDT | 0.2359 | 0.0058 | pay 0.0029% / 4h | 2h 06m | $1.2M | $6.9M | 50x |
| Short | GMX WIF/USD [WBTC.b-USDC] | 0.2360 | L +0.0165% / S −0.0859% | get 0.0107% / 1h | 6m 22s | $4K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- $168.18
- Price spread: +0.052% → 0.000%
- $5.21
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $146.39
- Costs to cover
- 0.270%
- Break-even
- 0.9 days
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago | 4.22 bp | 18.2 bp −$18 | 45.2 bp −$452 | 73.0 bp −$7,303 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0641% | 1h | 0.2364 | +0.208% | $73K | $235K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0595% | 1h | 0.2366 | +0.297% | $46K | $289K | 25x | as long as short |
| Injective WIF/USDC PERP | −0.0321% | 1h | 0.2395 | +1.526% | $10K | $10K | 12x | as long as short |
| KuCoin WIFUSDTM | −0.0186% | 4h | 0.2358 | −0.042% | $4.1M | $11.2M | 75x | as long as short |
| Kraken Futures PF_WIFUSD | −0.0077% | 1h | 0.2369 | +0.410% | $627K | $2.1M | 50x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2358 | −0.047% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2360 | +0.042% | $14K | — | 150x | as long as short |
| Variational Omni WIF | +0.0003% | 4h | 0.2365 | +0.273% | $67K | $65K | — | as long as short |
| Aster WIFUSDT | +0.0055% | 4h | 0.2359 | +0.008% | $23K | $255K | 10x | as long as short |
| Gate WIF_USDTlong | +0.0058% | 4h | 0.2359 | long leg | $1.2M | $6.9M | 50x |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT WIF_USDT_Perp | +0.0068% | 4h | 0.2368 | +0.371% | $272K | $1.8M | 10x | as long as short |
| Orderly PERP_WIF_USDC | +0.0091% | 4h | 0.2359 | 0.000% | $4K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2357 | −0.085% | $131K | $541K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2360 | +0.042% | $52K | $482K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2363 | +0.157% | $7.3M | $4.0M | 5x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2357 | −0.070% | $74K | $48K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2359 | 0.000% | $17.5M | $99.4M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2358 | −0.042% | $16.5M | $34.7M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2362 | +0.127% | $6.0M | $30.1M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2359 | 0.000% | $21.1M | $10.8M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2359 | 0.000% | $7.2M | $11.6M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2357 | −0.085% | — | $2.3M | — | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2369 | +0.424% | $42K | $617K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2361 | +0.085% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2366 | +0.288% | $540 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2365 | +0.254% | $164K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2357 | −0.065% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2366 | +0.287% | $79K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]short | L +0.0165% / S −0.0859% | 1h | 0.2360 | +0.052% | $4K | — | 100x | |
| Coinbase International WIF-PERP-INTX | +0.0272% | 1h | 0.2380 | +0.890% | $312K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2363 | +0.170% | $969K | $683K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2359 | +0.016% | $0 | — | 15x | as long as short |
Gate WIF_USDT
GMX WIF/USD [WBTC.b-USDC]
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
Injective WIF/USDC PERP
KuCoin WIFUSDTM
Kraken Futures PF_WIFUSD
gTrade (Gains Network) WIF/USD
Variational Omni WIF
Aster WIFUSDT
GRVT WIF_USDT_Perp
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT