Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against Orderly+0.130%7-day average +0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 3 days (all we have)−0.187%−$19 · spread now +0.130%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.114% dearer against Orderly than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WIF_USDC | 0.2486 | 0.0095 | pay 0.0047% / 4h | 3h 33m | $5K | $1.3M | 10x |
| Short | Binance WIFUSDT | 0.2489 | 0.0100 | get 0.0050% / 4h | 3h 33m | $19.2M | $107.0M | 75x |
Orderly PERP_WIF_USDC
Binance WIFUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.09
- Price spread: +0.130% → +0.016%
- $11.44
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$3.47
- Costs to cover
- 0.160%
- Break-even
- 29.2 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 10 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 2.04 bp | 10.0 bp −$10 | 24.1 bp −$241 | 92.4 bp −$9,240 | doesn't fit |
Orderly: 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 | −0.0333% | 1h | 0.2487 | +0.044% | $76K | $255K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0151% | 1h | 0.2490 | +0.161% | $49K | $289K | 25x | as long as short |
| Gate WIF_USDT | −0.0048% | 4h | 0.2487 | +0.040% | $1.2M | $7.1M | 50x | as long as short |
| KuCoin WIFUSDTM | −0.0002% | 4h | 0.2487 | +0.040% | $4.4M | $12.0M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2492 | +0.225% | $19K | $589 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2488 | +0.080% | $12K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | −0.644% | $11K | $10K | 12x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0039% | 1h | 0.2491 | +0.187% | $660K | $2.2M | 50x | as long as short |
| Orderly PERP_WIF_USDClong | +0.0095% | 4h | 0.2486 | long leg | $5K | $1.3M | 10x | |
| Lighter WIF | +0.0096% | 1h | 0.2493 | +0.302% | $143K | $588K | 10x | as long as short |
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
Gate WIF_USDT
KuCoin WIFUSDTM
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD
Lighter WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex WIFUSDT | +0.0096% | 1h | 0.2492 | +0.241% | $56K | $484K | 20x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2493 | +0.272% | $25K | $274K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2493 | +0.263% | $77K | $51K | 5x | as long as short |
| Binance WIFUSDTshort | +0.0100% | 4h | 0.2489 | +0.130% | $19.2M | $107.0M | 75x | |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2485 | −0.036% | $17.1M | $36.8M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2483 | −0.121% | $6.0M | $33.7M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2490 | +0.161% | $22.4M | $11.0M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2493 | +0.282% | $7.7M | $12.0M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2487 | +0.040% | — | $65.7M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2488 | +0.085% | $74K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2497 | +0.446% | $280K | $1.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2466 | −0.805% | $43K | $632K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2485 | −0.040% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2489 | +0.125% | $567 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2494 | +0.322% | $171K | $746K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2485 | −0.041% | $11K | $151K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2486 | +0.020% | $83K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0191% / S −0.0138% | 1h | 0.2487 | +0.054% | $7K | — | 100x | as long as short |
| Hyperliquid WIF | +0.0194% | 1h | 0.2496 | +0.418% | $7.9M | $4.3M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0288% | 1h | 0.2494 | +0.322% | $335K | $2.5M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2498 | +0.483% | $1.0M | $748K | 75x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2490 | +0.166% | $0 | — | 15x | as long as short |
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDT
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Hyperliquid WIF
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Reya WIFRUSDPERP