WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0462%/8h= −50.6% APRnext payment −$0.58 per $10,000 · paid last 24h +0.034%

Price spread now: Kraken Futures against Injective+1.887%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Kraken Futures

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

The price spread pays, funding is against you. Kraken Futures is 1.887% dearer against Injective than usual: you sell high and buy low (spread +1.887% now, against zero (this spread has no 7-day history yet)): +$189 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective WIF/USDC PERP	0.2401	0.0707	pay 0.0088% / 1h	8m 40s	$10K	$10K	12x
Short	Kraken Futures PF_WIFUSD	0.2446	0.0244	get 0.0031% / 1h	8m 40s	$633K	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +1.887%Rate

Funding earned: −$97.1
Price spread: +1.887% → 0.000%: $188.73
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $81.61
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago	10.25 bp	19.8 bp −$20	56.5 bp −$565	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
BloFin WIF-USDT	−0.0140%	4h	0.2447	+1.916%	$960K	$918K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2453	+2.145%	$13K	$587	10x	as long as short
Deribit WIF_USDC-PERPETUAL	0.0000%	1h	0.2446	+1.874%	$32K	$274K	25x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2449	+2.014%	—	—	150x	as long as short
Backpack WIF_USDC_PERP	+0.0056%	1h	0.2443	+1.749%	$73K	$319K	10x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0083% / S +0.0034%	1h	0.2453	+2.155%	$9K	—	100x	as long as short
Lighter WIF	+0.0096%	1h	0.2454	+2.207%	$143K	$679K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2454	+2.207%	$53K	$570K	20x	as long as short
Hyperliquid WIF	+0.0100%	1h	0.2450	+2.041%	$8.5M	$6.4M	5x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2452	+2.144%	$29K	$339K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WIF	+0.0100%	1h	0.2451	+2.096%	$77K	$69K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2452	+2.144%	$18.7M	$141.2M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2453	+2.166%	$16.6M	$46.7M	50x	as long as short
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2451	+2.082%	$5.5M	$40.8M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2452	+2.124%	$1.1M	$9.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2452	+2.124%	$22.2M	$12.2M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2447	+1.916%	$4.1M	$16.1M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2451	+2.082%	$7.5M	$15.5M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2449	+1.999%	—	$2.3M	—	as long as short
Variational Omni WIF	+0.0100%	4h	0.2450	+2.044%	$73K	$190K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2452	+2.139%	$280K	$2.7M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2447	+1.916%	$45K	$630K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2447	+1.916%	$5K	$1.1M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2450	+2.041%	$2K	$3.1M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2445	+1.828%	$564	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2451	+2.082%	$150K	$866K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2450	+2.042%	$11K	$165K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2445	+1.853%	$82K	$85	3x	as long as short
Kraken Futures PF_WIFUSDshort	+0.0244%	1h	0.2446	+1.887%	$633K	$2.6M	50x
Coinbase International WIF-PERP-INTX	+0.0416%	1h	0.2452	+2.124%	$328K	$3.1M	50x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2453	+2.180%	$0	—	15x	as long as short
Injective WIF/USDC PERPlong	+0.0707%	1h	0.2401	long leg	$10K	$10K	12x