WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0147%/8h= +16.1% APRnext payment +$0.18 per $10,000 · paid last 24h −0.089%

Price spread now: Deribit against Injective−1.420%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Deribit

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 1.420% cheaper against Injective than usual: you would sell low and buy high (spread −1.420% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$142 on $10k: about 32 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective WIF/USDC PERP	0.2395	−0.0321	get 0.0040% / 1h	4m 38s	$10K	$10K	12x
Short	Deribit WIF_USDC-PERPETUAL	0.2361	−0.0173	pay 0.0022% / 1h	4m 38s	$46K	$289K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Injective. 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 InjectivebpFee DeribitbpOrdersPrice spread, now −1.420%Rate

Funding earned: $30.94
Price spread: −1.420% → 0.000%: −$141.96
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$118.04
Costs to cover: 0.070%
Break-even: 33.7 days

Slippage unknown: Injective: no order-book sample; Deribit: live order book, 19 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 Injective no order-book sample	—	—	—	—	—
Sell Deribit live order book, 19 min ago	6.30 bp	9.8 bp −$10	24.0 bp −$240	doesn't fit	doesn't fit

Injective: 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	−0.0638%	1h	0.2359	−1.491%	$73K	$235K	10x	as long as short
Injective WIF/USDC PERPlong	−0.0321%	1h	0.2395	long leg	$10K	$10K	12x
KuCoin WIFUSDTM	−0.0174%	4h	0.2360	−1.461%	$4.1M	$11.2M	75x	as long as short
Deribit WIF_USDC-PERPETUALshort	−0.0173%	1h	0.2361	−1.420%	$46K	$289K	25x
Kraken Futures PF_WIFUSD	−0.0077%	1h	0.2363	−1.355%	$625K	$2.1M	50x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2362	−1.378%	$18K	$582	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0002%	1h	0.2361	−1.430%	$14K	—	150x	as long as short
Variational Omni WIF	+0.0031%	4h	0.2358	−1.528%	$67K	$65K	—	as long as short
Aster WIFUSDT	+0.0057%	4h	0.2360	−1.450%	$23K	$255K	10x	as long as short
GRVT WIF_USDT_Perp	+0.0068%	4h	0.2368	−1.137%	$272K	$1.8M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate WIF_USDT	+0.0074%	4h	0.2361	−1.420%	$1.2M	$6.9M	50x	as long as short
Orderly PERP_WIF_USDC	+0.0091%	4h	0.2360	−1.461%	$4K	$1.3M	10x	as long as short
Lighter WIF	+0.0096%	1h	0.2362	−1.365%	$131K	$541K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2361	−1.420%	$52K	$482K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2364	−1.278%	$7.3M	$4.0M	5x	as long as short
Pacifica WIF	+0.0100%	1h	0.2362	−1.382%	$74K	$48K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2362	−1.376%	$17.5M	$99.4M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2361	−1.420%	$16.5M	$34.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2363	−1.336%	$6.0M	$30.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2362	−1.378%	$21.1M	$10.8M	50x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2362	−1.378%	$7.2M	$11.6M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2360	−1.461%	—	$65.1M	—	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2366	−1.211%	$42K	$618K	25x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2355	−1.670%	$2K	$2.8M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2361	−1.441%	$539	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2360	−1.461%	$163K	$719K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2361	−1.420%	$10K	$153K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2361	−1.441%	$79K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0166% / S −0.0867%	1h	0.2360	−1.455%	$4K	—	100x	as long as short
Coinbase International WIF-PERP-INTX	+0.0272%	1h	0.2364	−1.294%	$310K	$2.3M	50x	as long as short
BloFin WIF-USDT	+0.0340%	4h	0.2360	−1.461%	$968K	$684K	75x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2360	−1.476%	$0	—	15x	as long as short