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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
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
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 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid WIF0.25110.0100pay 0.0013% / 1h47m 44s$10.1M$9.0M5x
ShortgTrade (Gains Network) WIF/USD0.2498L +0.0002% / S −0.0001%get 0.0000% / 1h47m 44s$4K150x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 5 min ago1.40 bp13.4 bp −$13doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate WIF_USDT−0.0560%4h0.2506−0.207%$1.4M$11.4M50xas long as short
ApeX Omni WIFUSDT−0.0439%1h0.2490−0.844%$35K$653K25xas long as short
GMX WIF/USD [WBTC.b-USDC]L −0.0322% / S +0.0305%1h0.2499−0.501%$19K100xas long as short
BloFin WIF-USDT−0.0140%4h0.2502−0.366%$1.0M$1.0M75xas long as short
dYdX WIF-USD0.0000%1h0.2512+0.015%$14K$58710xas long as short
Deribit WIF_USDC-PERPETUAL0.0000%1h0.2499−0.486%$33K$274K25xas long as short
gTrade (Gains Network) WIF/USDshortL +0.0002% / S −0.0001%1h0.2498−0.508%$4K150x
Lighter WIF+0.0096%1h0.2513+0.072%$146K$809K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2499−0.486%$54K$580K20xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2500−0.446%$6K$1.1M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid WIFlong+0.0100%1h0.2511long leg$10.1M$9.0M5x
Aster WIFUSDT+0.0100%4h0.2509−0.070%$42K$411K10xas long as short
Pacifica WIF+0.0100%1h0.2510−0.054%$78K$87K5xas long as short
Binance WIFUSDT+0.0100%4h0.2510−0.039%$19.9M$165.3M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2510−0.032%$17.4M$55.6M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2507−0.167%$5.9M$48.3M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2509−0.088%$24.5M$15.3M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2509−0.088%$3.9M$18.0M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2508−0.127%$7.6M$18.2M50xas long as short
BingX WIF-USDC+0.0100%4h0.2505−0.247%$2.3Mas long as short
Backpack WIF_USDC_PERP+0.0100%1h0.2500−0.438%$84K$333K10xas long as short
Variational Omni WIF+0.0100%4h0.2507−0.164%$74K$364Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2482−1.169%$279K$3.0M10xas long as short
SunX WIF-USDT+0.0100%4h0.2495−0.645%$1K$3.3M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2499−0.498%$578$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2493−0.725%$154K$943K75xas long as short
Extended WIF-USD+0.0104%1h0.2506−0.193%$12K$216K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2499−0.487%$83K3xas long as short
Coinbase International WIF-PERP-INTX+0.0312%1h0.2496−0.605%$333K$3.8M50xas long as short
Injective WIF/USDC PERP+0.0323%1h0.2509−0.088%$10K$28K12xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2498−0.541%$015xas long as short
Kraken Futures PF_WIFUSD+0.0741%1h0.2496−0.600%$643K$2.9M50xas long as short