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

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0495%/8h= −54.2% APRnext payment $0.62 per $10,000 · paid last 24h −0.042%
Price spread now: GMX against Kraken Futures+0.013%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_WIFUSD0.24460.0244pay 0.0031% / 1h3m 45s$632K$2.6M50x
ShortGMX WIF/USD [WBTC.b-USDC]0.2446L +0.0079% / S +0.0250%pay 0.0031% / 1h3m 45s$21K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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
−$103.93
Price spread: +0.013% → 0.000%
$1.31
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$124.62
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; GMX: 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 Kraken Futures live order book, 5 min ago10.19 bp25.3 bp −$2595.7 bp −$957doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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
BloFin WIF-USDT−0.0140%4h0.2442−0.147%$963K$921K75xas long as short
dYdX WIF-USD0.0000%1h0.2443−0.126%$13K$58710xas long as short
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2446+0.024%150xas long as short
Backpack WIF_USDC_PERP+0.0031%1h0.2442−0.135%$73K$319K10xas long as short
GMX WIF/USD [WBTC.b-USDC]shortL +0.0079% / S +0.0250%1h0.2446+0.013%$21K100x
Lighter WIF+0.0096%1h0.2447+0.053%$142K$679K10xas long as short
Popdex WIFUSDT+0.0096%1h0.2444−0.065%$52K$570K20xas long as short
Hyperliquid WIF+0.0100%1h0.2445−0.020%$8.5M$6.4M5xas long as short
Aster WIFUSDT+0.0100%4h0.2447+0.041%$29K$340K10xas long as short
Pacifica WIF+0.0100%1h0.2446+0.027%$77K$69K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance WIFUSDT+0.0100%4h0.2447+0.077%$18.5M$141.5M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2448+0.082%$16.5M$46.8M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2446+0.016%$5.5M$40.8M50xas long as short
Gate WIF_USDT+0.0100%4h0.2447+0.057%$1.1M$9.1M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2447+0.057%$22.1M$12.2M50xas long as short
KuCoin WIFUSDTM+0.0100%4h0.2443−0.106%$4.1M$16.2M75xas long as short
Bitget WIFUSDT+0.0100%4h0.2448+0.098%$7.4M$15.5M50xas long as short
BingX WIF-USDC+0.0100%4h0.2453+0.303%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2445−0.042%$73K$190Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2446+0.016%$271K$2.7M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2451+0.221%$45K$630K25xas long as short
Orderly PERP_WIF_USDC+0.0100%4h0.2444−0.065%$5K$1.1M10xas long as short
SunX WIF-USDT+0.0100%4h0.2439−0.270%$1K$3.1M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2443−0.106%$564$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2441−0.188%$149K$867K75xas long as short
Extended WIF-USD+0.0104%1h0.2446+0.028%$11K$165K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2444−0.083%$82K$853xas long as short
Deribit WIF_USDC-PERPETUAL+0.0159%1h0.2444−0.065%$32K$274K25xas long as short
Kraken Futures PF_WIFUSDlong+0.0244%1h0.2446long leg$632K$2.6M50x
Coinbase International WIF-PERP-INTX+0.0416%1h0.2447+0.057%$327K$3.1M50xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2442−0.144%$015xas long as short
Injective WIF/USDC PERP+0.0707%1h0.2401−1.824%$10K$10K12xas long as short