Spread before costs (cost unknown: a leg has no order-book sample)+0.101%
7d average—if it closes, per $10,000$10funding while held, a day−$20.47
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WIF/USD [WBTC.b-USDC] | 0.2407 | L +0.0043% / S +0.0013% | pay 0.0005% / 1h | 55m 26s | $4K | — | 100x |
| Short | Backpack WIF_USDC_PERP | 0.2409 | −0.0639 | pay 0.0080% / 1h | 55m 26s | $72K | $235K | 10x |
GMX WIF/USD [WBTC.b-USDC]
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
- $10.1
- Funding while held
- −$20.47
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$32.37
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; Backpack: live order book, 55 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0682%
- Per $10,000 a day
- −$20.47
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 55 min ago | 0.21 bp | 9.8 bp −$10 | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.BingX0.2402cheapestGate0.2404+0.083%KuCoin0.2404+0.083%Bybit0.2404+0.104%Reya0.2406+0.148%Binance0.2406+0.167%MEXC0.2406+0.167%Bitget0.2406+0.167%Extended0.2406+0.184%
BingX
Gate
KuCoin
Bybit
Reya
Binance
MEXC
Bitget
ExtendedGMX0.2407+0.199%
OKX0.2407+0.208%Popdex0.2407+0.208%gTrade (Gains Network)0.2407+0.208%Orderly0.2407+0.208%SunX0.2407+0.208%dYdX0.2408+0.252%Aster0.2409+0.284%HTX0.2409+0.291%
OKX
Popdex
gTrade (Gains Network)
Orderly
SunX
dYdX
Aster
HTXBackpack0.2409+0.300%
Hyperliquid0.2409+0.304%SoDEX0.2409+0.312%Variational Omni0.2410+0.314%Pacifica0.2410+0.319%Aevo0.2410+0.333%BloFin0.2410+0.333%Lighter0.2410+0.346%Deribit0.2411+0.375%Coinbase International0.2412+0.416%Kraken Futures0.2414+0.486%ApeX Omni0.2416+0.583%Injective0.2445+1.790%
Hyperliquid
SoDEX
Variational Omni
Pacifica
Aevo
BloFin
Lighter
Deribit
Coinbase International
Kraken Futures
ApeX Omni
InjectiveWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX WIF-USDC | −0.198% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Gate WIF_USDT | −0.115% | −0.0066% | 4h | $1.2M | $6.7M | 50x | as long as short |
| KuCoin WIFUSDTM | −0.115% | +0.0042% | 4h | $4.4M | $10.6M | 75x | as long as short |
| Bybit WIFUSDT | −0.094% | −0.0171% | 4h | $16.9M | $33.1M | 50x | as long as short |
| Reya WIFRUSDPERP | −0.051% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Binance WIFUSDT | −0.032% | +0.0100% | 4h | $18.5M | $93.0M | 75x | as long as short |
| MEXC WIF_USDT | −0.032% | +0.0100% | 4h | $21.5M | $10.3M | 50x | as long as short |
| Bitget WIFUSDT | −0.032% | +0.0100% | 4h | $7.4M | $11.0M | 50x | as long as short |
| Extended WIF-USD | −0.015% | +0.0104% | 1h | $12K | $148K | 25x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]long | 0.000% | L +0.0043% / S +0.0013% | 1h | $4K | — | 100x |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX WIF-USDT-SWAP | +0.010% | +0.0100% | 4h | $6.1M | $29.1M | 50x | as long as short |
| Popdex WIFUSDT | +0.010% | +0.0096% | 1h | $53K | $481K | 20x | as long as short |
| gTrade (Gains Network) WIF/USD | +0.010% | L +0.0002% / S −0.0001% | 1h | $15K | — | 150x | as long as short |
| Orderly PERP_WIF_USDC | +0.010% | +0.0084% | 4h | $5K | $1.3M | 10x | as long as short |
| SunX WIF-USDT | +0.010% | +0.0100% | 4h | $1K | $2.7M | 50x | as long as short |
| dYdX WIF-USD | +0.053% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |
| Aster WIFUSDT | +0.085% | +0.0009% | 4h | $25K | $240K | 10x | as long as short |
| HTX WIF-USDT | +0.093% | +0.0100% | 4h | $168K | $702K | 75x | as long as short |
| Backpack WIF_USDC_PERPshort | +0.101% | −0.0639% | 1h | $72K | $235K | 10x | |
| Hyperliquid WIF | +0.105% | +0.0100% | 1h | $7.1M | $3.4M | 5x | as long as short |
| SoDEX WIF-USD | +0.113% | +0.0100% | 1h | $541 | $5K | 5x | as long as short |
| Variational Omni WIF | +0.115% | −0.0273% | 4h | $69K | $50K | — | as long as short |
| Pacifica WIF | +0.120% | +0.0100% | 1h | $74K | $44K | 5x | as long as short |
| Aevo WIF-PERP | +0.134% | +0.0104% | 1h | $80K | $85 | 3x | as long as short |
| BloFin WIF-USDT | +0.134% | +0.0340% | 4h | $1.1M | $679K | 75x | as long as short |
| Lighter WIF | +0.147% | +0.0096% | 1h | $137K | $492K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.176% | 0.0000% | 1h | $46K | $290K | 25x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.217% | +0.0296% | 1h | $348K | $2.2M | 50x | as long as short |
| Kraken Futures PF_WIFUSD | +0.287% | +0.0347% | 1h | $648K | $1.9M | 50x | as long as short |
| ApeX Omni WIFUSDT | +0.384% | −0.0328% | 1h | $46K | $608K | 25x | as long as short |
| Injective WIF/USDC PERP | +1.588% | −0.0650% | 1h | $11K | $30K | 12x | as long as short |