Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0191%/8h= −20.9% APRnext payment $0.24 per $10,000 · paid last 24h +3.874%
Price spread now: dYdX against GMX+0.115%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 0.115% dearer against GMX than usual: you sell high and buy low (spread +0.115% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WIF/USD [WBTC.b-USDC]0.2442L +0.0191% / S −0.0138%pay 0.0024% / 1h51m 23s$6K100x
ShortdYdX WIF-USD0.24450get 0.0000% / 1h51m 23s$18K$58910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against GMX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$40.09
Price spread: +0.115% → 0.000%
$11.52
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$50.57
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell dYdX no order-book sample
GMX and 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 on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack WIF_USDC_PERP−0.0637%1h0.2443+0.044%$75K$250K10xas long as short
Deribit WIF_USDC-PERPETUAL−0.0159%1h0.2445+0.130%$48K$289K25xas long as short
ApeX Omni WIFUSDT−0.0032%1h0.2443+0.048%$43K$632K25xas long as short
Gate WIF_USDT−0.0012%4h0.2442+0.007%$1.2M$7.0M50xas long as short
KuCoin WIFUSDTM−0.0004%4h0.2439−0.115%$4.3M$11.9M75xas long as short
dYdX WIF-USDshort0.0000%1h0.2445+0.115%$18K$58910x
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2443+0.029%$16K150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2395−1.917%$10K$10K12xas long as short
Kraken Futures PF_WIFUSD+0.0040%1h0.2445+0.112%$633K$2.2M50xas long as short
Orderly PERP_WIF_USDC+0.0094%4h0.2439−0.115%$5K$1.3M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter WIF+0.0096%1h0.2443+0.052%$144K$577K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2441−0.034%$54K$484K20xas long as short
Hyperliquid WIF+0.0100%1h0.2446+0.163%$7.7M$4.1M5xas long as short
Aster WIFUSDT+0.0100%4h0.2444+0.081%$24K$257K10xas long as short
Pacifica WIF+0.0100%1h0.2442+0.028%$76K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.2441−0.034%$18.4M$105.0M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2440−0.075%$16.8M$36.2M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2439−0.115%$6.0M$32.6M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2441−0.034%$22.0M$10.8M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2440−0.075%$7.5M$11.8M50xas long as short
BingX WIF-USDT+0.0100%4h0.2441−0.034%$65.7Mas long as short
Variational Omni WIF+0.0100%4h0.2440−0.070%$72K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2445+0.129%$278K$1.9M10xas long as short
SunX WIF-USDT+0.0100%4h0.2445+0.130%$1K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2444+0.081%$559$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2447+0.212%$169K$746K75xas long as short
Extended WIF-USD+0.0104%1h0.2439−0.095%$11K$154K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2439−0.129%$81K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]longL +0.0191% / S −0.0138%1h0.2442long leg$6K100x
Coinbase International WIF-PERP-INTX+0.0288%1h0.2448+0.253%$332K$2.4M50xas long as short
BloFin WIF-USDT+0.0340%4h0.2447+0.212%$990K$738K75xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2440−0.080%$015xas long as short