Spread before costs (cost unknown: a leg has no order-book sample)−0.081%
7d average—if it closes, per $10,000$8funding while held, a day+$38.85
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WIF/USD [WBTC.b-USDC] | 0.2469 | L −0.1450% / S +0.0534% | get 0.0181% / 1h | 0m 15s | $14K | — | 100x |
| Short | Deribit WIF_USDC-PERPETUAL | 0.2467 | −0.0155 | pay 0.0019% / 1h | 0m 15s | $74K | $266K | 25x |
GMX WIF/USD [WBTC.b-USDC]
Deribit WIF_USDC-PERPETUALPrice 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
- −$8.14
- Funding while held
- $38.85
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $11.71
- Spread needed to break even
- 0.190%
Slippage unknown: GMX: no order-book sample; Deribit: live order book, 20 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1295%
- Per $10,000 a day
- +$38.85
- 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 Deribit live order book, 20 min ago | 4.08 bp | 10.2 bp −$10 | 23.9 bp −$239 | 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.Injective0.2451cheapestVariational Omni0.2458+0.266%SunX0.2462+0.449%Extended0.2464+0.549%SoDEX0.2465+0.559%KuCoin0.2465+0.571%Aevo0.2465+0.571%Binance0.2466+0.612%Bybit0.2466+0.612%OKX0.2466+0.612%Gate0.2466+0.612%Coinbase International0.2466+0.612%dYdX0.2467+0.653%BingX0.2467+0.653%Orderly0.2467+0.653%
Injective
Variational Omni
SunX
Extended
SoDEX
KuCoin
Aevo
Binance
Bybit
OKX
Gate
Coinbase International
dYdX
BingX
OrderlyDeribit0.2467+0.653%
Reya0.2467+0.672%Pacifica0.2467+0.672%Lighter0.2468+0.681%Kraken Futures0.2468+0.684%Popdex0.2468+0.694%MEXC0.2468+0.694%Bitget0.2468+0.694%gTrade (Gains Network)0.2469+0.734%
Reya
Pacifica
Lighter
Kraken Futures
Popdex
MEXC
Bitget
gTrade (Gains Network)GMX0.2469+0.735%
Aster0.2469+0.745%ApeX Omni0.2473+0.898%HTX0.2473+0.898%Backpack0.2473+0.906%Hyperliquid0.2473+0.914%BloFin0.2475+0.979%
Aster
ApeX Omni
HTX
Backpack
Hyperliquid
BloFinWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERP | −0.729% | −0.0229% | 1h | $11K | $82K | 12x | as long as short |
| Variational Omni WIF | −0.466% | −0.0301% | 4h | $70K | $48K | — | as long as short |
| SunX WIF-USDT | −0.284% | +0.0100% | 4h | $2K | $2.6M | 50x | as long as short |
| Extended WIF-USD | −0.184% | +0.0008% | 1h | $13K | $150K | 25x | as long as short |
| SoDEX WIF-USD | −0.175% | −0.0046% | 1h | $559 | $5K | 5x | as long as short |
| KuCoin WIFUSDTM | −0.162% | +0.0088% | 4h | $4.1M | $8.9M | 75x | as long as short |
| Aevo WIF-PERP | −0.162% | +0.0080% | 1h | $82K | $85 | 3x | as long as short |
| Binance WIFUSDT | −0.122% | +0.0007% | 4h | $18.0M | $71.9M | 75x | as long as short |
| Bybit WIFUSDT | −0.122% | −0.0048% | 4h | $17.3M | $28.6M | 50x | as long as short |
| OKX WIF-USDT-SWAP | −0.122% | +0.0100% | 4h | $6.3M | $24.3M | 50x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate WIF_USDT | −0.122% | −0.0034% | 4h | $1.2M | $5.4M | 50x | as long as short |
| Coinbase International WIF-PERP-INTX | −0.122% | +0.0152% | 1h | $326K | $1.8M | 50x | as long as short |
| dYdX WIF-USD | −0.081% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |
| BingX WIF-USDT | −0.081% | +0.0100% | 4h | — | $62.0M | — | as long as short |
| Orderly PERP_WIF_USDC | −0.081% | +0.0033% | 4h | $5K | $1.3M | 10x | as long as short |
| Deribit WIF_USDC-PERPETUALshort | −0.081% | −0.0155% | 1h | $74K | $266K | 25x | |
| Reya WIFRUSDPERP | −0.062% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| Pacifica WIF | −0.062% | +0.0100% | 1h | $76K | $29K | 5x | as long as short |
| Lighter WIF | −0.053% | +0.0096% | 1h | $147K | $301K | 10x | as long as short |
| Kraken Futures PF_WIFUSD | −0.050% | +0.0071% | 1h | $640K | $1.3M | 50x | as long as short |
| Popdex WIFUSDT | −0.041% | +0.0096% | 1h | $53K | $497K | 20x | as long as short |
| MEXC WIF_USDT | −0.041% | +0.0006% | 4h | $22.8M | $8.8M | 50x | as long as short |
| Bitget WIFUSDT | −0.041% | +0.0100% | 4h | $9.4M | $7.8M | 50x | as long as short |
| gTrade (Gains Network) WIF/USD | 0.000% | L +0.0002% / S −0.0002% | 1h | $4K | — | 150x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]long | 0.000% | L −0.1450% / S +0.0534% | 1h | $14K | — | 100x | |
| Aster WIFUSDT | +0.010% | −0.0185% | 4h | $33K | $158K | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.162% | −0.0305% | 1h | $50K | $599K | 25x | as long as short |
| HTX WIF-USDT | +0.162% | +0.0100% | 4h | $177K | $672K | 75x | as long as short |
| Backpack WIF_USDC_PERP | +0.170% | −0.0853% | 1h | $79K | $221K | 10x | as long as short |
| Hyperliquid WIF | +0.178% | +0.0100% | 1h | $7.4M | $3.4M | 5x | as long as short |
| BloFin WIF-USDT | +0.243% | +0.0027% | 4h | $1.1M | $634K | 75x | as long as short |