Funding you earn now, next payment 01:00 UTC−0.0091%/8h= −10.0% APRpaid last 24h +3.896%
Price spread now: MEXC against GMX−0.072%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.072% cheaper against GMX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WIF/USD [WBTC.b-USDC] | 0.2442 | L +0.0191% / S −0.0138% | pay 0.0024% / 1h | 49m 01s | $6K | — | 100x |
| Short | MEXC WIF_USDT | 0.2440 | 0.0100 | get 0.0050% / 4h | 3h 49m | $22.0M | $10.8M | 50x |
GMX WIF/USD [WBTC.b-USDC]
MEXC WIF_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$19.09
- Price spread: −0.072% → 0.000%
- −$7.21
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$42.3
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 10 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 MEXC live order book, 10 min ago | 2.05 bp | 4.0 bp −$4 | 20.2 bp −$202 | 92.4 bp −$9,239 | 147.4 bp −$73.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0634% | 1h | 0.2440 | −0.093% | $75K | $250K | 10x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2441 | −0.031% | $18K | $589 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2442 | +0.010% | $48K | $289K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2442 | −0.009% | $16K | — | 150x | as long as short |
| KuCoin WIFUSDTM | +0.0004% | 4h | 0.2439 | −0.113% | $4.3M | $11.9M | 75x | as long as short |
| Gate WIF_USDT | +0.0018% | 4h | 0.2439 | −0.113% | $1.2M | $7.0M | 50x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −1.915% | $10K | $10K | 12x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0040% | 1h | 0.2443 | +0.046% | $632K | $2.2M | 50x | as long as short |
| ApeX Omni WIFUSDT | +0.0063% | 1h | 0.2439 | −0.113% | $43K | $631K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0095% | 4h | 0.2442 | +0.010% | $5K | $1.3M | 10x | as long as short |
Backpack WIF_USDC_PERP
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
KuCoin WIFUSDTM
Gate WIF_USDT
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD
ApeX Omni WIFUSDT
Orderly PERP_WIF_USDCShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WIF | +0.0096% | 1h | 0.2441 | −0.031% | $146K | $579K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2440 | −0.072% | $54K | $484K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2445 | +0.141% | $7.7M | $4.1M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2442 | −0.009% | $24K | $257K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2441 | −0.032% | $75K | $51K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2442 | +0.010% | $18.4M | $105.0M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2441 | −0.031% | $16.8M | $36.3M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2439 | −0.113% | $6.0M | $32.6M | 50x | as long as short |
| MEXC WIF_USDTshort | +0.0100% | 4h | 0.2440 | −0.072% | $22.0M | $10.8M | 50x | |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2441 | −0.031% | $7.5M | $11.8M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2440 | −0.072% | — | $65.7M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2440 | −0.067% | $72K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2445 | +0.132% | $278K | $1.9M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2436 | −0.236% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2441 | −0.039% | $558 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2437 | −0.195% | $168K | $746K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2440 | −0.052% | $11K | $154K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2441 | −0.029% | $81K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC]long | L +0.0191% / S −0.0138% | 1h | 0.2442 | long leg | $6K | — | 100x | |
| Coinbase International WIF-PERP-INTX | +0.0288% | 1h | 0.2442 | +0.010% | $331K | $2.4M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2439 | −0.113% | $988K | $735K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2440 | −0.087% | $0 | — | 15x | as long as short |
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Bitget WIFUSDT
BingX WIF-USDT
Variational Omni WIF
GRVT WIF_USDT_Perp
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Reya WIFRUSDPERP