Funding you earn now, next payment 03:00 UTC−0.0458%/8h= −50.1% APRpaid last 24h −0.163%
Price spread now: Bybit against Reya−0.338%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bybit is 0.338% cheaper against Reya than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya WIFRUSDPERP | 0.2467 | 0.0558 | pay 0.0070% / 1h | 53m 47s | $0 | — | 15x |
| Short | Bybit WIFUSDT | 0.2459 | 0.0100 | get 0.0050% / 4h | 1h 53m | $16.9M | $38.2M | 50x |
Reya WIFRUSDPERP
Bybit WIFUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Reya. 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
- −$96.11
- Price spread: −0.338% → 0.000%
- −$33.76
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$146.87
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Bybit: live order book, 5 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 Reya no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 4.06 bp | 13.2 bp −$13 | 27.9 bp −$279 | 197.9 bp −$19.8K | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0293% | 1h | 0.2465 | −0.074% | $78K | $273K | 10x | as long as short |
| ApeX Omni WIFUSDT | −0.0291% | 1h | 0.2459 | −0.338% | $42K | $629K | 25x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2473 | +0.213% | $19K | $589 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2470 | +0.108% | $46K | $261K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2469 | +0.084% | $798 | — | 150x | as long as short |
| Gate WIF_USDT | +0.0022% | 4h | 0.2469 | +0.068% | $1.3M | $7.5M | 50x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | +0.108% | $11K | $10K | 12x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2472 | +0.210% | $140K | $627K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2470 | +0.108% | $57K | $496K | 20x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2471 | +0.149% | $5K | $1.3M | 10x | as long as short |
Backpack WIF_USDC_PERP
ApeX Omni WIFUSDT
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Gate WIF_USDT
Injective WIF/USDC PERP
Lighter WIF
Popdex WIFUSDT
Orderly PERP_WIF_USDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2470 | +0.094% | $34K | $283K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2474 | +0.255% | $77K | $55K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2468 | +0.019% | $18.8M | $113.5M | 75x | as long as short |
| Bybit WIFUSDTshort | +0.0100% | 4h | 0.2459 | −0.338% | $16.9M | $38.2M | 50x | |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2459 | −0.338% | $5.9M | $34.5M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2469 | +0.068% | $22.0M | $10.9M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2469 | +0.068% | $4.5M | $13.3M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2459 | −0.338% | $7.4M | $12.7M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2466 | −0.054% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2487 | +0.801% | $75K | $69K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2468 | +0.027% | $277K | $2.0M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2468 | +0.027% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2472 | +0.205% | $563 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2467 | −0.013% | $166K | $688K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2468 | +0.044% | $8K | $152K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2471 | +0.154% | $82K | $85 | 3x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0137% | 1h | 0.2472 | +0.195% | $642K | $2.3M | 50x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0162% / S −0.0032% | 1h | 0.2469 | +0.051% | $8K | — | 100x | as long as short |
| Hyperliquid WIF | +0.0217% | 1h | 0.2463 | −0.192% | $7.9M | $4.7M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0312% | 1h | 0.2472 | +0.189% | $328K | $2.5M | 50x | as long as short |
| Reya WIFRUSDPERPlong | +0.0558% | 1h | 0.2467 | long leg | $0 | — | 15x |
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
GRVT WIF_USDT_Perp
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
Kraken Futures PF_WIFUSD
GMX WIF/USD [WBTC.b-USDC]
Hyperliquid WIF
Coinbase International WIF-PERP-INTX