Funding you earn now, next payment 09:00 UTC−0.0099%/8h= −10.8% APRnext payment −$0.12 per $10,000 · paid last 24h −0.048%
Price spread now: gTrade (Gains Network) against Hyperliquid−0.508%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.508% cheaper against Hyperliquid than usual: you would sell low and buy high (−$51 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 | Hyperliquid WIF | 0.2511 | 0.0100 | pay 0.0013% / 1h | 47m 44s | $10.1M | $9.0M | 5x |
| Short | gTrade (Gains Network) WIF/USD | 0.2498 | L +0.0002% / S −0.0001% | get 0.0000% / 1h | 47m 44s | $4K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Hyperliquid. 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
- −$20.8
- Price spread: −0.508% → 0.000%
- −$50.77
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$90.57
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 5 min ago | 1.40 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate WIF_USDT | −0.0560% | 4h | 0.2506 | −0.207% | $1.4M | $11.4M | 50x | as long as short |
| ApeX Omni WIFUSDT | −0.0439% | 1h | 0.2490 | −0.844% | $35K | $653K | 25x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L −0.0322% / S +0.0305% | 1h | 0.2499 | −0.501% | $19K | — | 100x | as long as short |
| BloFin WIF-USDT | −0.0140% | 4h | 0.2502 | −0.366% | $1.0M | $1.0M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2512 | +0.015% | $14K | $587 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2499 | −0.486% | $33K | $274K | 25x | as long as short |
| gTrade (Gains Network) WIF/USDshort | L +0.0002% / S −0.0001% | 1h | 0.2498 | −0.508% | $4K | — | 150x | |
| Lighter WIF | +0.0096% | 1h | 0.2513 | +0.072% | $146K | $809K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2499 | −0.486% | $54K | $580K | 20x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2500 | −0.446% | $6K | $1.1M | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WIFlong | +0.0100% | 1h | 0.2511 | long leg | $10.1M | $9.0M | 5x | |
| Aster WIFUSDT | +0.0100% | 4h | 0.2509 | −0.070% | $42K | $411K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2510 | −0.054% | $78K | $87K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2510 | −0.039% | $19.9M | $165.3M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2510 | −0.032% | $17.4M | $55.6M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2507 | −0.167% | $5.9M | $48.3M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2509 | −0.088% | $24.5M | $15.3M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2509 | −0.088% | $3.9M | $18.0M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2508 | −0.127% | $7.6M | $18.2M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2505 | −0.247% | — | $2.3M | — | as long as short |
| Backpack WIF_USDC_PERP | +0.0100% | 1h | 0.2500 | −0.438% | $84K | $333K | 10x | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2507 | −0.164% | $74K | $364K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2482 | −1.169% | $279K | $3.0M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2495 | −0.645% | $1K | $3.3M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2499 | −0.498% | $578 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2493 | −0.725% | $154K | $943K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2506 | −0.193% | $12K | $216K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2499 | −0.487% | $83K | — | 3x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0312% | 1h | 0.2496 | −0.605% | $333K | $3.8M | 50x | as long as short |
| Injective WIF/USDC PERP | +0.0323% | 1h | 0.2509 | −0.088% | $10K | $28K | 12x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2498 | −0.541% | $0 | — | 15x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0741% | 1h | 0.2496 | −0.600% | $643K | $2.9M | 50x | as long as short |
Hyperliquid WIF
gTrade (Gains Network) WIF/USD
Gate WIF_USDT
ApeX Omni WIFUSDT
GMX WIF/USD [WBTC.b-USDC]
BloFin WIF-USDT
Deribit WIF_USDC-PERPETUAL
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDC
Backpack WIF_USDC_PERP
Variational Omni WIF
GRVT WIF_USDT_Perp
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Coinbase International WIF-PERP-INTX
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD