Spread before costs (cost unknown: a leg has no order-book sample)−0.085%
7d average−0.002%if it closes, per $10,000$8funding while held, a day+$0.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WIF_USDC | 0.2364 | 0.0072 | pay 0.0036% / 4h | 2h 06m | $4K | $1.3M | 10x |
| Short | MEXC WIF_USDT | 0.2362 | 0.0100 | get 0.0050% / 4h | 2h 06m | $20.9M | $9.7M | 50x |
Orderly PERP_WIF_USDC
MEXC WIF_USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$8.46
- Funding while held
- $0.84
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$17.62
- Spread needed to break even
- 0.100%
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0028%
- Per $10,000 a day
- +$0.84
- Average in range /8h
- —
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 MEXC live order book, 4 min ago | 2.10 bp | 7.8 bp −$8 | 23.1 bp −$231 | 107.1 bp −$10.7K | 147.3 bp −$73.7K |
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 price on every exchange
against the cheapest. Click to use as the short leg.Backpack0.2360cheapestGate0.2362+0.081%
Backpack
GateMEXC0.2362+0.081%
KuCoin0.2362+0.081%Bybit0.2362+0.093%SunX0.2363+0.123%Extended0.2363+0.143%SoDEX0.2364+0.144%Lighter0.2364+0.148%Binance0.2364+0.165%BingX0.2364+0.165%
KuCoin
Bybit
SunX
Extended
SoDEX
Lighter
Binance
BingXOrderly0.2364+0.165%
Deribit0.2364+0.165%Aevo0.2365+0.192%Bitget0.2365+0.208%OKX0.2366+0.250%gTrade (Gains Network)0.2366+0.251%Hyperliquid0.2366+0.254%Reya0.2367+0.279%GMX0.2367+0.280%Kraken Futures0.2367+0.282%Aster0.2368+0.322%Popdex0.2368+0.335%Injective0.2372+0.504%HTX0.2373+0.547%dYdX0.2373+0.555%Coinbase International0.2374+0.589%Pacifica0.2374+0.591%ApeX Omni0.2379+0.801%BloFin0.2380+0.843%Variational Omni0.2384+1.000%
Deribit
Aevo
Bitget
OKX
gTrade (Gains Network)
Hyperliquid
Reya
GMX
Kraken Futures
Aster
Popdex
Injective
HTX
dYdX
Coinbase International
Pacifica
ApeX Omni
BloFin
Variational OmniWIF on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.165% | −0.0579% | 1h | $74K | $230K | 10x | as long as short |
| Gate WIF_USDT | −0.085% | −0.0148% | 4h | $1.2M | $6.4M | 50x | as long as short |
| MEXC WIF_USDTshort | −0.085% | +0.0100% | 4h | $20.9M | $9.7M | 50x | |
| KuCoin WIFUSDTM | −0.085% | +0.0100% | 4h | $4.3M | $10.1M | 75x | as long as short |
| Bybit WIFUSDT | −0.072% | −0.0289% | 4h | $16.4M | $31.2M | 50x | as long as short |
| SunX WIF-USDT | −0.042% | +0.0100% | 4h | $1K | $2.7M | 50x | as long as short |
| Extended WIF-USD | −0.022% | +0.0104% | 1h | $12K | $148K | 25x | as long as short |
| SoDEX WIF-USD | −0.021% | +0.0100% | 1h | $529 | $5K | 5x | as long as short |
| Lighter WIF | −0.017% | +0.0096% | 1h | $133K | $433K | 10x | as long as short |
| Binance WIFUSDT | 0.000% | +0.0100% | 4h | $17.9M | $86.4M | 75x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX WIF-USDC | 0.000% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Orderly PERP_WIF_USDClong | 0.000% | +0.0072% | 4h | $4K | $1.3M | 10x | |
| Deribit WIF_USDC-PERPETUAL | 0.000% | −0.0173% | 1h | $45K | $290K | 25x | as long as short |
| Aevo WIF-PERP | +0.026% | +0.0104% | 1h | $79K | $85 | 3x | as long as short |
| Bitget WIFUSDT | +0.042% | +0.0100% | 4h | $7.3M | $10.4M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.085% | +0.0100% | 4h | $6.0M | $27.2M | 50x | as long as short |
| gTrade (Gains Network) WIF/USD | +0.085% | L +0.0002% / S −0.0002% | 1h | $18K | — | 150x | as long as short |
| Hyperliquid WIF | +0.089% | +0.0100% | 1h | $7.0M | $3.3M | 5x | as long as short |
| Reya WIFRUSDPERP | +0.114% | +0.0558% | 1h | $0 | — | 15x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | +0.115% | L +0.0025% / S +0.0135% | 1h | $4K | — | 100x | as long as short |
| Kraken Futures PF_WIFUSD | +0.116% | +0.0201% | 1h | $619K | $1.8M | 50x | as long as short |
| Aster WIFUSDT | +0.157% | −0.0192% | 4h | $22K | $214K | 10x | as long as short |
| Popdex WIFUSDT | +0.169% | +0.0096% | 1h | $54K | $479K | 20x | as long as short |
| Injective WIF/USDC PERP | +0.338% | +0.0033% | 1h | $10K | $71K | 12x | as long as short |
| HTX WIF-USDT | +0.381% | +0.0100% | 4h | $159K | $665K | 75x | as long as short |
| dYdX WIF-USD | +0.389% | 0.0000% | 1h | $18K | $582 | 10x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.423% | +0.0256% | 1h | $310K | $2.0M | 50x | as long as short |
| Pacifica WIF | +0.425% | +0.0100% | 1h | $73K | $42K | 5x | as long as short |
| ApeX Omni WIFUSDT | +0.635% | +0.0100% | 1h | $45K | $607K | 25x | as long as short |
| BloFin WIF-USDT | +0.677% | +0.0340% | 4h | $1.0M | $644K | 75x | as long as short |
| Variational Omni WIF | +0.833% | −0.0295% | 4h | $68K | $48K | — | as long as short |