Funding you earn now, next payment 23:00 UTC+0.0283%/8h= +31.0% APRnext payment +$0.35 per $10,000 · paid last 24h −0.050%
Price spread now: Kraken Futures against Pacifica−0.263%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Kraken Futures is 0.263% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.263% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 3.1 days of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.138%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.138% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica WIF | 0.2365 | 0.0100 | pay 0.0013% / 1h | 59m 12s | $75K | $48K | 5x |
| Short | Kraken Futures PF_WIFUSD | 0.2359 | 0.0383 | get 0.0048% / 1h | 59m 12s | $624K | $2.1M | 50x |
Pacifica WIF
Kraken Futures PF_WIFUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Pacifica. 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
- $59.53
- Price spread: −0.263% → 0.000%
- −$26.25
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $15.28
- Costs to cover
- 0.180%
- Break-even
- 5.2 days
Slippage unknown: Pacifica: no order-book sample; Kraken Futures: live order book, 4 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 6.34 bp | 19.5 bp −$19 | 43.2 bp −$432 | doesn't fit | doesn't fit |
Pacifica: 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 | −0.0589% | 1h | 0.2366 | +0.050% | $74K | $235K | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | −0.0172% | 1h | 0.2371 | +0.253% | $47K | $289K | 25x | as long as short |
| KuCoin WIFUSDTM | −0.0158% | 4h | 0.2369 | +0.168% | $4.2M | $11.2M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2366 | +0.031% | $18K | $582 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2371 | +0.241% | $14K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | +1.268% | $10K | $10K | 12x | as long as short |
| Variational Omni WIF | +0.0054% | 4h | 0.2364 | −0.025% | $67K | $65K | — | as long as short |
| Aster WIFUSDT | +0.0073% | 4h | 0.2370 | +0.219% | $24K | $255K | 10x | as long as short |
| Gate WIF_USDT | +0.0088% | 4h | 0.2369 | +0.168% | $1.2M | $6.9M | 50x | as long as short |
| Orderly PERP_WIF_USDC | +0.0091% | 4h | 0.2370 | +0.211% | $5K | $1.3M | 10x | as long as short |
Backpack WIF_USDC_PERP
Deribit WIF_USDC-PERPETUAL
KuCoin WIFUSDTM
dYdX WIF-USD
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Variational Omni WIF
Aster WIFUSDT
Gate WIF_USDT
Orderly PERP_WIF_USDCShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WIF | +0.0096% | 1h | 0.2371 | +0.249% | $131K | $541K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2370 | +0.211% | $52K | $482K | 20x | as long as short |
| Pacifica WIFlong | +0.0100% | 1h | 0.2365 | long leg | $75K | $48K | 5x | |
| Binance WIFUSDT | +0.0100% | 4h | 0.2373 | +0.317% | $17.6M | $99.5M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2372 | +0.308% | $16.6M | $34.7M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2374 | +0.380% | $6.1M | $30.3M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2372 | +0.295% | $21.2M | $10.6M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2371 | +0.253% | $7.2M | $11.6M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2367 | +0.084% | — | $2.3M | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2366 | +0.041% | $272K | $1.8M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2366 | +0.041% | $42K | $618K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2361 | −0.170% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2371 | +0.232% | $543 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2362 | −0.128% | $163K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2370 | +0.218% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2371 | +0.232% | $79K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0174% / S −0.0919% | 1h | 0.2371 | +0.257% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2372 | +0.295% | $311K | $2.3M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2371 | +0.253% | $972K | $690K | 75x | as long as short |
| Kraken Futures PF_WIFUSDshort | +0.0383% | 1h | 0.2359 | −0.263% | $624K | $2.1M | 50x | |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2370 | +0.227% | $0 | — | 15x | as long as short |
| Hyperliquid WIF | +0.0565% | 1h | 0.2373 | +0.320% | $7.4M | $4.0M | 5x | as long as short |
Lighter WIF
Popdex WIFUSDT
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
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]
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Reya WIFRUSDPERP
Hyperliquid WIF