Funding you earn now, next payment 08:00 UTC+0.0225%/8h= +24.7% APRnext payment +$0.28 per $10,000 · paid last 24h +3.801%
Price spread now: ApeX Omni against GMX+0.365%68s7-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 +$7 a day on $10k at the current rate, and ApeX Omni is 0.365% dearer against GMX than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WIF/USD [WBTC.b-USDC] | 0.2503 | L −0.0125% / S +0.0265% | get 0.0016% / 1h | 26m 02s | $19K | — | 100x |
| Short | ApeX Omni WIFUSDT | 0.2512 | 0.0100 | get 0.0013% / 1h | 26m 02s | $45K | $640K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- $47.31
- Price spread: +0.365% → 0.000%
- $36.52
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $61.83
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 12 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 12 min ago | 9.91 bp | 20.0 bp −$20 | 115.5 bp −$1,155 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERP | −0.0161% | 1h | 0.2462 | −1.633% | $10K | $11K | 12x | as long as short |
| BloFin WIF-USDT | −0.0140% | 4h | 0.2514 | +0.445% | $1.0M | $953K | 75x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]long | L −0.0125% / S +0.0265% | 1h | 0.2503 | long leg | $19K | — | 100x | |
| dYdX WIF-USD | 0.0000% | 1h | 0.2502 | −0.014% | $14K | $587 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2504 | +0.046% | $33K | $273K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2503 | +0.021% | — | — | 150x | as long as short |
| Backpack WIF_USDC_PERP | +0.0077% | 1h | 0.2501 | −0.082% | $75K | $309K | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2506 | +0.109% | $143K | $706K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2507 | +0.165% | $54K | $576K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2505 | +0.086% | $8.7M | $6.9M | 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 | 0.2504 | +0.037% | $30K | $351K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2509 | +0.260% | $78K | $74K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2504 | +0.046% | $19.2M | $148.8M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2502 | −0.034% | $16.8M | $48.8M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2503 | +0.006% | $5.7M | $43.5M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2502 | −0.034% | $1.2M | $9.4M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2504 | +0.046% | $22.4M | $12.5M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2503 | +0.006% | $4.2M | $17.0M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2504 | +0.046% | $7.6M | $16.2M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2501 | −0.074% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2513 | +0.407% | $74K | $193K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2509 | +0.263% | $278K | $2.9M | 10x | as long as short |
| ApeX Omni WIFUSDTshort | +0.0100% | 1h | 0.2512 | +0.365% | $45K | $640K | 25x | |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2504 | +0.046% | $6K | $1.1M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2501 | −0.074% | $2K | $3.1M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2505 | +0.070% | $577 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2501 | −0.074% | $159K | $912K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2503 | −0.002% | $12K | $176K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2505 | +0.068% | $84K | $85 | 3x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0352% | 1h | 0.2506 | +0.125% | $338K | $3.4M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2500 | −0.133% | $0 | — | 15x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0809% | 1h | 0.2506 | +0.141% | $651K | $2.7M | 50x | as long as short |
GMX WIF/USD [WBTC.b-USDC]
ApeX Omni WIFUSDT
Injective WIF/USDC PERP
BloFin WIF-USDT
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Backpack WIF_USDC_PERP
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Coinbase International WIF-PERP-INTX
Kraken Futures PF_WIFUSD