Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.008%
Price spread now: KuCoin against Orderly−0.041%7-day average +0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 3 days (all we have)−0.070%−$7 · spread now −0.041%, 7d avg +0.005%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.045% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WIF_USDC | 0.2466 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $5K | $1.3M | 10x |
| Short | KuCoin WIFUSDTM | 0.2465 | 0.0074 | get 0.0037% / 4h | 2h 16m | $4.5M | $13.1M | 75x |
Orderly PERP_WIF_USDC
KuCoin WIFUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$5.46
- Price spread: −0.041% → +0.005%
- −$4.51
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$27.96
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 4.05 bp | 28.3 bp −$28 | 60.3 bp −$603 | doesn't fit | 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 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERP | −0.0783% | 1h | 0.2470 | +0.162% | $11K | $10K | 12x | as long as short |
| Kraken Futures PF_WIFUSD | −0.0074% | 1h | 0.2466 | +0.009% | $640K | $2.3M | 50x | as long as short |
| Backpack WIF_USDC_PERP | −0.0020% | 1h | 0.2462 | −0.146% | $80K | $273K | 10x | as long as short |
| Gate WIF_USDT | −0.0002% | 4h | 0.2465 | −0.041% | $1.2M | $7.5M | 50x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2465 | −0.060% | $18K | $589 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2466 | 0.000% | $48K | $266K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2466 | +0.017% | $797 | — | 150x | as long as short |
| KuCoin WIFUSDTMshort | +0.0074% | 4h | 0.2465 | −0.041% | $4.5M | $13.1M | 75x | |
| Lighter WIF | +0.0096% | 1h | 0.2466 | −0.008% | $139K | $626K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2467 | +0.041% | $57K | $496K | 20x | as long as short |
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD
Backpack WIF_USDC_PERP
Gate WIF_USDT
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Lighter WIF
Popdex WIFUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_WIF_USDClong | +0.0100% | 4h | 0.2466 | long leg | $5K | $1.3M | 10x | |
| Aster WIFUSDT | +0.0100% | 4h | 0.2467 | +0.059% | $35K | $278K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2464 | −0.064% | $76K | $54K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2465 | −0.023% | $18.8M | $112.9M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2463 | −0.122% | $17.0M | $38.3M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2464 | −0.081% | $5.8M | $34.7M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2464 | −0.081% | $22.0M | $11.1M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2464 | −0.081% | $7.5M | $12.5M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2465 | −0.041% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2475 | +0.367% | $75K | $70K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2477 | +0.446% | $280K | $2.0M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2474 | +0.324% | $43K | $628K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2460 | −0.243% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2465 | −0.041% | $564 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2464 | −0.081% | $166K | $732K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2463 | −0.105% | $8K | $158K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2466 | −0.016% | $82K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0169% / S −0.0036% | 1h | 0.2466 | +0.006% | $8K | — | 100x | as long as short |
| Hyperliquid WIF | +0.0213% | 1h | 0.2471 | +0.191% | $8.0M | $4.7M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0304% | 1h | 0.2469 | +0.122% | $325K | $2.5M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2466 | +0.003% | $0 | — | 15x | as long as short |
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
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Hyperliquid WIF
Coinbase International WIF-PERP-INTX
Reya WIFRUSDPERP