Funding you earn now, next payment 04:00 UTC+0.0244%/8h= +26.7% APRnext payment +$1.22 per $10,000 · paid last 24h +0.057%
Price spread now: BloFin against Orderly−0.080%52s7-day average +0.017% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.485%+$48 on $10k
+Price spread, last 3 days (all we have)+0.042%+$4 · spread now −0.080%, 7d avg +0.017%
=Funding pays, the price is against you. BloFin is 0.097% cheaper against Orderly than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of +0.017%). If the spread goes back, that is −$10 on $10k: about 32 hours of funding at the current rate (+$7 a day). The two prices were read 52 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 | Orderly PERP_WIF_USDC | 0.2497 | 0.0096 | pay 0.0048% / 4h | 3h 25m | $5K | $1.3M | 10x |
| Short | BloFin WIF-USDT | 0.2495 | 0.0340 | get 0.0170% / 4h | 3h 25m | $1.0M | $747K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $51.22
- Price spread: −0.080% → +0.017%
- −$9.74
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $23.48
- Costs to cover
- 0.180%
- Break-even
- 3.8 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 1 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 BloFin live order book, 1 min ago | 6.02 bp | 12.6 bp −$13 | 28.5 bp −$285 | 70.3 bp −$7,025 | 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 | −0.0293% | 1h | 0.2496 | −0.024% | $76K | $254K | 10x | as long as short |
| Gate WIF_USDT | −0.0134% | 4h | 0.2498 | +0.040% | $1.3M | $7.2M | 50x | as long as short |
| KuCoin WIFUSDTM | −0.0036% | 4h | 0.2498 | +0.040% | $4.4M | $12.1M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2499 | +0.060% | $19K | $589 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2498 | +0.040% | $49K | $289K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0001% | 1h | 0.2498 | +0.060% | $12K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | −1.081% | $11K | $10K | 12x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0039% | 1h | 0.2499 | +0.068% | $655K | $2.2M | 50x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2499 | +0.092% | $143K | $588K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2502 | +0.200% | $57K | $484K | 20x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_WIF_USDClong | +0.0096% | 4h | 0.2497 | long leg | $5K | $1.3M | 10x | |
| Aster WIFUSDT | +0.0100% | 4h | 0.2500 | +0.101% | $35K | $274K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2501 | +0.149% | $77K | $52K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2502 | +0.195% | $19.2M | $107.2M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2499 | +0.080% | $17.3M | $36.9M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2501 | +0.160% | $6.0M | $33.9M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2504 | +0.280% | $22.7M | $11.0M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2504 | +0.280% | $7.7M | $12.1M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2494 | −0.120% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2497 | +0.004% | $74K | $68K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2490 | −0.281% | $281K | $1.9M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2492 | −0.200% | $43K | $631K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2493 | −0.160% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2497 | −0.020% | $568 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2497 | 0.000% | $171K | $745K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2498 | +0.038% | $10K | $155K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2497 | 0.000% | $83K | $85 | 3x | as long as short |
| Hyperliquid WIF | +0.0191% | 1h | 0.2509 | +0.461% | $8.0M | $4.3M | 5x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0191% / S −0.0138% | 1h | 0.2499 | +0.065% | $7K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0288% | 1h | 0.2501 | +0.160% | $335K | $2.5M | 50x | as long as short |
| BloFin WIF-USDTshort | +0.0340% | 4h | 0.2495 | −0.080% | $1.0M | $747K | 75x | |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2502 | +0.205% | $1 | — | 15x | as long as short |
BloFin WIF-USDT
Backpack WIF_USDC_PERP
Gate WIF_USDT
KuCoin WIFUSDTM
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD
Lighter WIF
Popdex WIFUSDT
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Hyperliquid WIF
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX