WIF

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0324%/8h= −35.5% APRnext payment −$0.40 per $10,000 · paid last 24h −0.029%

Price spread now: Injective against Kraken Futures−1.221%63s7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Injective

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

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Injective is 1.221% cheaper against Kraken Futures than usual: you would sell low and buy high (−$122 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WIFUSD	0.2573	0.0357	pay 0.0045% / 1h	47m 47s	$668K	$2.3M	50x
Short	Injective WIF/USDC PERP	0.2542	0.0033	get 0.0004% / 1h	47m 47s	$11K	$10K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee InjectivebpOrdersPrice spread, now −1.221%Rate

Funding earned: −$68.03
Price spread: −1.221% → 0.000%: −$122.09
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$200.14
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 1 min ago; Injective: 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 Kraken Futures live order book, 1 min ago	9.73 bp	30.0 bp −$30	78.9 bp −$789	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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	−0.0215%	4h	0.2558	−0.599%	$1.0M	$907K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2571	−0.111%	$14K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2569	−0.158%	—	—	150x	as long as short
Injective WIF/USDC PERPshort	+0.0033%	1h	0.2542	−1.221%	$11K	$10K	12x
Lighter WIF	+0.0096%	1h	0.2573	−0.005%	$149K	$636K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2573	−0.016%	$52K	$550K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2572	−0.054%	$41K	$303K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2571	−0.113%	$79K	$63K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2573	−0.030%	$20.2M	$124.6M	75x	as long as short
Bybit WIFUSDT	+0.0100%	4h	0.2568	−0.214%	$17.6M	$41.9M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2568	−0.211%	$6.2M	$38.6M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2572	−0.055%	$1.2M	$8.1M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2572	−0.055%	$23.8M	$11.5M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2572	−0.055%	$4.5M	$14.9M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2570	−0.133%	$7.8M	$14.0M	50x	as long as short
BingX WIF-USDC	+0.0100%	4h	0.2567	−0.249%	—	$2.3M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2572	−0.059%	$79K	$302K	10x	as long as short
Variational Omni WIF	+0.0100%	4h	0.2569	−0.170%	$97K	$83K	—	as long as short
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2553	−0.788%	$287K	$2.4M	10x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2573	−0.016%	$5K	$1.3M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2566	−0.288%	$1K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2572	−0.055%	$602	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2571	−0.094%	$171K	$712K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2572	−0.053%	$10K	$149K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2571	−0.101%	$86K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0122% / S −0.0005%	1h	0.2569	−0.171%	$8K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0139%	1h	0.2572	−0.055%	$46K	$256K	25x	as long as short
ApeX Omni WIFUSDT	+0.0149%	1h	0.2551	−0.871%	$47K	$624K	25x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2575	+0.061%	$354K	$3.0M	50x	as long as short
Kraken Futures PF_WIFUSDlong	+0.0357%	1h	0.2573	long leg	$668K	$2.3M	50x
Hyperliquid WIF	+0.0422%	1h	0.2575	+0.054%	$8.4M	$5.0M	5x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2570	−0.120%	$1	—	15x	as long as short