WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h +3.861%

Price spread now: SoDEX against GMX+0.028%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on SoDEX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. SoDEX is 0.028% dearer against GMX than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WIF/USD [WBTC.b-USDC]	0.2464	L +0.0154% / S −0.0026%	pay 0.0019% / 1h	26m 26s	$8K	—	100x
Short	SoDEX WIF-USD	0.2465	0.0100	get 0.0013% / 1h	26m 26s	$566	$5K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee GMXbpFee SoDEXbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$11.24
Price spread: +0.028% → 0.000%: $2.84
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$28.4
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; SoDEX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GMX no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

GMX and SoDEX: 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
BloFin WIF-USDT	−0.0189%	4h	0.2467	+0.130%	$1.0M	$825K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2463	−0.032%	$18K	$589	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2464	+0.008%	$46K	$258K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S +0.0001%	1h	0.2463	−0.017%	$796	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2470	+0.252%	$11K	$10K	12x	as long as short
Gate WIF_USDT	+0.0074%	4h	0.2464	+0.008%	$1.2M	$7.6M	50x	as long as short
Lighter WIF	+0.0096%	1h	0.2466	+0.093%	$139K	$627K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2466	+0.089%	$56K	$497K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2463	−0.014%	$34K	$283K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2465	+0.067%	$76K	$56K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WIFUSDT	+0.0100%	4h	0.2466	+0.083%	$18.8M	$114.5M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2464	+0.008%	$17.0M	$38.4M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2466	+0.089%	$5.9M	$34.9M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2464	+0.008%	$22.2M	$11.0M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2464	+0.008%	$4.4M	$13.6M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2465	+0.049%	$7.4M	$12.7M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2464	+0.008%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2462	−0.085%	$77K	$254K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2470	+0.251%	$75K	$69K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2464	−0.009%	$278K	$2.1M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2473	+0.373%	$43K	$629K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2464	+0.008%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2464	+0.008%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USDshort	+0.0100%	1h	0.2465	+0.028%	$566	$5K	5x
HTX WIF-USDT	+0.0100%	4h	0.2462	−0.073%	$166K	$691K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2464	+0.022%	$11K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2464	+0.021%	$82K	$85	3x	as long as short
Kraken Futures PF_WIFUSD	+0.0138%	1h	0.2466	+0.089%	$646K	$2.3M	50x	as long as short
GMX WIF/USD [WBTC.b-USDC]long	L +0.0154% / S −0.0026%	1h	0.2464	long leg	$8K	—	100x
Hyperliquid WIF	+0.0283%	1h	0.2470	+0.239%	$8.0M	$4.7M	5x	as long as short
Coinbase International WIF-PERP-INTX	+0.0312%	1h	0.2467	+0.130%	$329K	$2.6M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2465	+0.030%	$0	—	15x	as long as short