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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0139%/8h= −15.2% APRnext payment $0.17 per $10,000 · paid last 24h +3.828%
Price spread now: gTrade (Gains Network) against GMX+0.036%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. gTrade (Gains Network) is 0.036% dearer against GMX than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WIF/USD [WBTC.b-USDC]0.2460L +0.0138% / S −0.0016%pay 0.0017% / 1h38m 28s$8K100x
ShortgTrade (Gains Network) WIF/USD0.2461L +0.0002% / S +0.0001%pay 0.0000% / 1h38m 28s$796150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$29.14
Price spread: +0.036% → 0.000%
$3.62
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$47.52
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
GMX and gTrade (Gains Network): 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−0.0271%1h0.2456−0.170%$80K$280K10xas long as short
BloFin WIF-USDT−0.0184%4h0.2461+0.021%$1.0M$819K75xas long as short
dYdX WIF-USD0.0000%1h0.2457−0.160%$18K$59710xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2459−0.061%$44K$260K25xas long as short
gTrade (Gains Network) WIF/USDshortL +0.0002% / S +0.0001%1h0.2461+0.036%$796150x
Injective WIF/USDC PERP+0.0033%1h0.2470+0.387%$11K$10K12xas long as short
Lighter WIF+0.0096%1h0.2461+0.037%$138K$629K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2461+0.021%$56K$497K20xas long as short
Aster WIFUSDT+0.0100%4h0.2460−0.022%$32K$284K10xas long as short
Pacifica WIF+0.0100%1h0.2458−0.115%$77K$59K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WIFUSDT+0.0100%4h0.2461+0.030%$18.6M$117.9M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2461+0.033%$16.8M$39.4M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2464+0.143%$5.9M$35.5M50xas long as short
Gate WIF_USDT+0.0100%4h0.2457−0.142%$1.2M$7.7M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2459−0.061%$22.5M$11.2M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2460−0.020%$5.0M$14.3M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2462+0.061%$7.5M$13.2M50xas long as short
BingX WIF-USDC+0.0100%4h0.2458−0.101%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2455−0.221%$75K$69Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2464+0.143%$279K$2.2M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2456−0.182%$45K$624K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2460−0.020%$5K$1.3M10xas long as short
SunX WIF-USDT+0.0100%4h0.2454−0.264%$1K$2.9M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2459−0.081%$571$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2456−0.182%$165K$695K75xas long as short
Extended WIF-USD+0.0104%1h0.2460−0.025%$8K$149K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2458−0.101%$82K$853xas long as short
GMX WIF/USD [WBTC.b-USDC]longL +0.0138% / S −0.0016%1h0.2460long leg$8K100x
Kraken Futures PF_WIFUSD+0.0264%1h0.2460−0.035%$643K$2.3M50xas long as short
Hyperliquid WIF+0.0324%1h0.2462+0.082%$8.0M$4.9M5xas long as short
Coinbase International WIF-PERP-INTX+0.0328%1h0.2467+0.265%$330K$2.7M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2463+0.106%$015xas long as short