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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0219%/8h= +24.0% APRnext payment +$0.27 per $10,000 · paid last 24h +3.796%
Price spread now: Pacifica against GMX+0.106%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Pacifica is 0.106% dearer against GMX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WIF/USD [WBTC.b-USDC]0.2513L −0.0119% / S +0.0181%get 0.0015% / 1h28m 20s$9K100x
ShortPacifica WIF0.25150.0100get 0.0013% / 1h28m 20s$78K$98K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$45.99
Price spread: +0.106% → 0.000%
$10.63
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$36.62
Costs to cover
0.200%
Break-even
1.4 days
Slippage unknown: GMX: no order-book sample; Pacifica: 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 Pacifica no order-book sample
GMX and Pacifica: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WIF/USDC PERP−0.0389%1h0.2559+1.838%$10K$28K12xas long as short
Deribit WIF_USDC-PERPETUAL−0.0148%1h0.2513+0.008%$33K$254K25xas long as short
BloFin WIF-USDT−0.0140%4h0.2520+0.286%$1.1M$1.1M75xas long as short
GMX WIF/USD [WBTC.b-USDC]longL −0.0119% / S +0.0181%1h0.2513long leg$9K100x
Backpack WIF_USDC_PERP−0.0040%1h0.2510−0.108%$84K$375K10xas long as short
dYdX WIF-USD0.0000%1h0.2514+0.063%$13K$58710xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0002%1h0.2512−0.023%$4K150xas long as short
Orderly PERP_WIF_USDC+0.0096%4h0.2513+0.008%$5K$955K10xas long as short
Lighter WIF+0.0096%1h0.2516+0.139%$143K$883K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2513+0.008%$52K$636K20xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WIF+0.0100%1h0.2511−0.052%$9.9M$9.5M5xas long as short
Aster WIFUSDT+0.0100%4h0.2512−0.032%$32K$426K10xas long as short
Pacifica WIFshort+0.0100%1h0.2515+0.106%$78K$98K5x
Binance WIFUSDT+0.0100%4h0.2512−0.023%$20.2M$174.1M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2511−0.064%$17.2M$59.1M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2514+0.047%$6.2M$51.2M50xas long as short
Gate WIF_USDT+0.0100%4h0.2513+0.008%$1.2M$12.7M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2512−0.032%$22.3M$15.1M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2512−0.032%$3.7M$18.6M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2513+0.008%$7.5M$19.6M50xas long as short
BingX WIF-USDC+0.0100%4h0.2515+0.087%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2505−0.314%$76K$366Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2506−0.290%$285K$3.4M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2507−0.231%$36K$646K25xas long as short
SunX WIF-USDT+0.0100%4h0.2508−0.191%$1K$3.2M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2514+0.027%$3K$6K5xas long as short
HTX WIF-USDT+0.0100%4h0.2511−0.072%$155K$1.0M75xas long as short
Extended WIF-USD+0.0104%1h0.2513−0.006%$9K$261K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2513+0.004%$84K3xas long as short
Coinbase International WIF-PERP-INTX+0.0552%1h0.2522+0.366%$342K$3.9M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2511−0.056%$115xas long as short
Kraken Futures PF_WIFUSD+0.0570%1h0.2515+0.071%$630K$3.1M50xas long as short