Funding you earn now, next payment 03:00 UTC−0.0462%/8h= −50.6% APRnext payment −$0.58 per $10,000 · paid last 24h −0.138%
Price spread now: Popdex against Reya−0.081%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 Popdex is 0.081% cheaper against Reya than usual: you would sell low and buy high (−$8 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 | 27m 56s | $0 | — | 15x |
| Short | Popdex WIFUSDT | 0.2465 | 0.0096 | get 0.0012% / 1h | 27m 56s | $56K | $497K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$96.95
- Price spread: −0.081% → 0.000%
- −$8.08
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$117.43
- Costs to cover
- 0.124%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Popdex: live order book, 36 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 Popdex live order book, 36 min ago | 4.04 bp | 76.8 bp −$77 | doesn't fit | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WIF-USDT | −0.0189% | 4h | 0.2463 | −0.162% | $1.0M | $824K | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2465 | −0.061% | $18K | $589 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S +0.0001% | 1h | 0.2468 | +0.054% | $798 | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2470 | +0.122% | $11K | $10K | 12x | as long as short |
| Gate WIF_USDT | +0.0066% | 4h | 0.2468 | +0.041% | $1.2M | $7.5M | 50x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2470 | +0.114% | $139K | $627K | 10x | as long as short |
| Popdex WIFUSDTshort | +0.0096% | 1h | 0.2465 | −0.081% | $56K | $497K | 20x | |
| Aster WIFUSDT | +0.0100% | 4h | 0.2468 | +0.048% | $34K | $283K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2466 | −0.047% | $76K | $56K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2468 | +0.049% | $18.8M | $114.6M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WIFUSDT | +0.0100% | 4h | 0.2466 | −0.040% | $17.0M | $38.4M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2468 | +0.041% | $5.9M | $34.9M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2467 | 0.000% | $22.2M | $11.0M | 50x | as long as short |
| KuCoin WIFUSDTM | +0.0100% | 4h | 0.2468 | +0.041% | $4.4M | $13.6M | 75x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2468 | +0.041% | $7.4M | $12.7M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2468 | +0.041% | — | $65.9M | — | as long as short |
| Backpack WIF_USDC_PERP | +0.0100% | 1h | 0.2467 | −0.008% | $78K | $267K | 10x | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2470 | +0.122% | $75K | $69K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2471 | +0.164% | $276K | $2.1M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2473 | +0.243% | $43K | $629K | 25x | as long as short |
| Orderly PERP_WIF_USDC | +0.0100% | 4h | 0.2469 | +0.081% | $5K | $1.3M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2462 | −0.202% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2469 | +0.061% | $569 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2462 | −0.202% | $166K | $691K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2467 | −0.007% | $11K | $155K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2469 | +0.061% | $82K | $85 | 3x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0138% | 1h | 0.2470 | +0.114% | $647K | $2.3M | 50x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0154% / S −0.0026% | 1h | 0.2469 | +0.081% | $8K | — | 100x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.0155% | 1h | 0.2469 | +0.081% | $46K | $258K | 25x | as long as short |
| Hyperliquid WIF | +0.0282% | 1h | 0.2473 | +0.231% | $8.0M | $4.7M | 5x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0312% | 1h | 0.2468 | +0.041% | $329K | $2.6M | 50x | as long as short |
| Reya WIFRUSDPERPlong | +0.0558% | 1h | 0.2467 | long leg | $0 | — | 15x |
Popdex WIFUSDT
BloFin WIF-USDT
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Gate WIF_USDT
Lighter WIF
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
KuCoin WIFUSDTM
Bitget WIFUSDT
BingX WIF-USDT
Backpack WIF_USDC_PERP
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Kraken Futures PF_WIFUSD
GMX WIF/USD [WBTC.b-USDC]
Deribit WIF_USDC-PERPETUAL
Hyperliquid WIF
Coinbase International WIF-PERP-INTX