WIF funding rates

WIF perpetual funding across 12 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 04:46 UTC · refreshed every 5 min

Best pair · 7d: 12.2%long Variational, short Hyperliquid · net 9.8%
Highest funding now: 11.4%Extended
Lowest funding now: −9.1%RWA Perp
Listed on: 12 venues

Funding by venue

													Open
Extended	WIF-USD	11.4%	9.7%	5.5%	8.9%	4.8%	76%	1h	05:00	0.2242	$15k	$169k	ExExtended
Hyperliquid	WIF	10.9%	10.9%	12.0%	13.7%	12.2%	100%	1h	—	0.2248	$6.2M	$476k	HyHyperliquid
Aster	WIFUSDT	10.9%	10.9%	9.4%	9.9%	9.2%	95%	4h	08:00	0.2248	$85k	$12k	AsAster
GRVT	WIF_USDT_Perp	10.9%	10.9%	9.8%	10.1%	9.6%	100%	4h	08:00	0.2245	$257k	$417k	GrGRVT
BinanceCEX	WIFUSDT	10.9%	9.6%	5.2%	8.2%	4.5%	76%	4h	08:00	0.2244	$15.2M	$12.1M	BnBinance
BybitCEX	WIFUSDT	10.9%	10.9%	3.5%	3.9%	2.2%	74%	4h	08:00	0.2244	$13.0M	$4.5M	ByBybit
BitgetCEX	WIFUSDT	10.9%	10.9%	10.9%	10.7%	10.9%	100%	4h	08:00	0.2247	$6.1M	$908k	BgBitget
MEXCCEX	WIF_USDT	10.9%	10.5%	6.3%	9.0%	5.6%	81%	4h	08:00	0.2245	$18.2M	$2.7M	MxMEXC
Variational	WIF	10.9%	10.9%	−0.2%	−0.7%	−2.0%	63%	4h	—	0.2242	$28k	$56k	VaVariational
Lighter	WIF	10.5%	10.5%	10.4%	10.5%	10.4%	99%	1h	05:00	0.2221	$69k	$14k	LiLighter
GateCEX	WIF_USDT	2.2%	9.9%	5.4%	6.4%	4.7%	79%	4h	08:00	0.2244	$1.0M	$1.6M	GtGate
RWA Perp	PERP_WIF_USDC	−9.1%	3.1%	1.9%	6.7%	1.7%	67%	4h	08:00	0.2242	$10k	$21k	RwRWA Perp

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
Variational	Hyperliquid	0.0%	0.0%	12.2%	14.4%	9.8%	14.7%	2.7d	cooling	$28k	low OI4h/1hspread not incl.	Va Hy	calc
Variational	BitgetCEX	0.0%	0.0%	11.1%	11.4%	8.0%	12.0%	3.9d	cooling	$28k	low OIspread not incl.	Va Bg	calc
Variational	GRVT	0.0%	0.0%	9.9%	10.8%	7.6%	11.4%	3.3d	cooling	$28k	low OIspread not incl.	Va Gr	calc
Variational	Aster	0.0%	0.0%	9.6%	10.5%	7.5%	11.3%	3.0d	cooling	$28k	low OIspread not incl.	Va As	calc
BybitCEX	Hyperliquid	0.0%	0.0%	8.5%	9.8%	3.3%	5.0%	8.6d	cooling	$6.2M	4h/1h	By Hy	calc
Variational	MEXCCEX	0.0%	−0.4%	6.5%	9.6%	5.4%	8.1%	2.3d	cooling	$28k	low OIspread not incl.	Va Mx	calc
Variational	Lighter	−0.4%	−0.4%	10.6%	11.2%	10.6%	15.8%	<0.1d	mixed	$28k	low OI4h/1hspread not incl.	Va Li	calc
MEXCCEX	Hyperliquid	0.0%	0.5%	5.7%	4.8%	2.3%	3.5%	8.3d	cooling	$6.2M	4h/1h	Mx Hy	calc
Variational	Extended	0.4%	−1.2%	5.7%	9.6%	4.3%	6.5%	3.2d	cooling	$15k	low OI4h/1hspread not incl.	Va Ex	calc
BybitCEX	Lighter	−0.4%	−0.4%	6.9%	6.6%	4.1%	6.1%	5.8d	mixed	$69k	4h/1h	By Li	calc
BinanceCEX	Hyperliquid	0.0%	1.4%	6.8%	6.5%	1.8%	2.8%	10d	cooling	$6.2M	4h/1h	Bn Hy	calc
MEXCCEX	Lighter	−0.4%	0.0%	4.1%	1.5%	3.1%	4.6%	3.6d	mixed	$69k	4h/1h	Mx Li	calc
BybitCEX	BitgetCEX	0.0%	0.0%	7.5%	6.8%	1.5%	2.2%	11d	cooling	$6.1M		By Bg	calc
Variational	BinanceCEX	0.0%	−1.3%	5.4%	9.3%	2.8%	4.2%	6.8d	cooling	$28k	low OIspread not incl.	Va Bn	calc
BinanceCEX	Lighter	−0.4%	0.9%	5.2%	2.3%	2.6%	3.9%	7.0d	mixed	$69k	4h/1h	Bn Li	calc
BybitCEX	GRVT	0.0%	−0.1%	6.3%	6.2%	1.1%	1.6%	12d	cooling	$257k		By Gr	calc
BybitCEX	Aster	0.0%	0.0%	6.0%	5.9%	1.0%	1.5%	12d	cooling	$85k		By As	calc
Extended	Lighter	−0.9%	0.8%	4.9%	1.6%	3.6%	5.4%	3.7d	mixed	$15k	low OI	Ex Li	calc
Variational	GateCEX	−8.8%	−1.1%	5.6%	7.1%	1.7%	2.5%	9.8d	cooling	$28k	low OIspread not incl.	Va Gt	calc
Extended	Hyperliquid	−0.4%	1.3%	6.5%	4.8%	2.9%	4.3%	7.8d	mixed	$15k	low OI	Ex Hy	calc
GateCEX	Lighter	8.3%	0.7%	5.0%	4.0%	1.1%	1.6%	11d	steady	$69k	4h/1h	Gt Li	calc
MEXCCEX	BitgetCEX	0.0%	0.5%	4.7%	1.8%	0.5%	0.7%	13d	cooling	$6.1M		Mx Bg	calc
Variational	BybitCEX	0.0%	0.0%	3.6%	4.6%	0.8%	1.2%	11d	weak	$28k	low OIspread not incl.	Va By	calc
GateCEX	Hyperliquid	8.8%	1.1%	6.6%	7.3%	0.4%	0.5%	13d	steady	$1.0M	4h/1h	Gt Hy	calc
Extended	BitgetCEX	−0.4%	1.3%	5.5%	1.8%	1.0%	1.6%	11d	mixed	$15k	low OI1h/4h	Ex Bg	calc
Extended	GRVT	−0.4%	1.2%	4.3%	1.2%	0.6%	1.0%	12d	mixed	$15k	low OI1h/4h	Ex Gr	calc
Extended	Aster	−0.4%	1.3%	4.0%	0.9%	0.6%	0.9%	12d	mixed	$15k	low OI1h/4h	Ex As	calc
MEXCCEX	GRVT	0.0%	0.4%	3.5%	1.1%	0.1%	0.1%	14d	weak	$257k		Mx Gr	calc
MEXCCEX	Aster	0.0%	0.5%	3.2%	0.9%	0.0%	0.0%	14d	weak	$85k		Mx As	calc
BinanceCEX	BitgetCEX	0.0%	1.4%	5.7%	2.4%	0.0%	0.0%	14d	cooling	$6.1M		Bn Bg	calc
BinanceCEX	GRVT	0.0%	1.3%	4.6%	2.0%	−0.4%	−0.6%	15d	cooling	$257k		Bn Gr	calc
BinanceCEX	Aster	0.0%	1.4%	4.2%	1.7%	−0.5%	−0.7%	16d	weak	$85k		Bn As	calc
Lighter	Hyperliquid	0.4%	0.4%	1.6%	3.2%	−0.7%	−1.1%	20d	weak	$69k		Li Hy	calc
BybitCEX	MEXCCEX	0.0%	−0.5%	2.8%	5.0%	−1.1%	−1.7%	19d	weak	$13.0M		By Mx	calc
GateCEX	BitgetCEX	8.8%	1.1%	5.6%	4.3%	−1.5%	−2.2%	18d	steady	$1.0M		Gt Bg	calc
Aster	Hyperliquid	0.0%	0.0%	2.6%	3.9%	−1.9%	−2.8%	24d	weak	$85k	4h/1h	As Hy	calc
GateCEX	GRVT	8.8%	1.0%	4.4%	3.7%	−1.9%	−2.8%	20d	weak	$257k		Gt Gr	calc
GateCEX	Aster	8.8%	1.1%	4.0%	3.4%	−2.0%	−2.9%	21d	weak	$85k		Gt As	calc
Aster	Lighter	−0.4%	−0.4%	1.0%	0.6%	−1.1%	−1.7%	31d	mixed	$69k	4h/1h	As Li	calc
GRVT	Hyperliquid	0.0%	0.1%	2.2%	3.6%	−2.5%	−3.7%	29d	weak	$257k	4h/1h	Gr Hy	calc
Lighter	BitgetCEX	0.4%	0.4%	0.6%	0.2%	−2.6%	−3.9%	79d	weak	$69k	1h/4h	Li Bg	calc
BinanceCEX	MEXCCEX	0.0%	0.9%	1.1%	0.3%	−2.6%	−3.9%	48d	weak	$15.2M		Bn Mx	calc
Lighter	GRVT	0.4%	0.4%	−0.6%	−0.4%	−3.0%	−4.5%	—	weak	$69k	1h/4h	Li Gr	calc
Lighter	Aster	0.4%	0.4%	−1.0%	−0.6%	−3.0%	−4.6%	—	weak	$69k	1h/4h	Li As	calc
GRVT	Lighter	−0.4%	−0.4%	0.6%	0.4%	−1.7%	−2.6%	52d	mixed	$69k	4h/1h	Gr Li	calc
Aster	BitgetCEX	0.0%	0.0%	1.5%	0.8%	−3.7%	−5.6%	48d	weak	$85k		As Bg	calc
BybitCEX	BinanceCEX	0.0%	−1.4%	1.7%	4.6%	−3.7%	−5.6%	44d	weak	$13.0M		By Bn	calc
GateCEX	MEXCCEX	8.8%	0.6%	0.9%	2.5%	−4.1%	−6.1%	79d	weak	$1.0M		Gt Mx	calc
Aster	GRVT	0.0%	−0.1%	0.3%	0.2%	−4.1%	−6.2%	193d	weak	$85k		As Gr	calc
GRVT	BitgetCEX	0.0%	0.1%	1.2%	0.6%	−4.3%	−6.4%	65d	weak	$257k		Gr Bg	calc
BybitCEX	Extended	0.4%	−1.3%	2.0%	5.0%	−2.2%	−3.2%	29d	weak	$15k	low OI4h/1h	By Ex	calc
BitgetCEX	Hyperliquid	0.0%	0.0%	1.1%	3.0%	−4.4%	−6.6%	73d	weak	$6.1M	4h/1h	Bg Hy	calc
BybitCEX	GateCEX	−8.8%	−1.1%	1.9%	2.5%	−4.9%	−7.3%	49d	weak	$1.0M		By Gt	calc
Extended	MEXCCEX	−0.4%	0.8%	0.8%	0.0%	−1.5%	−2.3%	41d	mixed	$15k	low OI1h/4h	Ex Mx	calc
MEXCCEX	Extended	0.4%	−0.8%	−0.8%	0.0%	−3.1%	−4.7%	—	weak	$15k	low OI4h/1h	Mx Ex	calc
BinanceCEX	GateCEX	−8.8%	0.3%	0.2%	−2.2%	−6.3%	−9.5%	487d	weak	$1.0M		Bn Gt	calc
GateCEX	BinanceCEX	8.8%	−0.3%	−0.2%	2.2%	−6.7%	−10.1%	—	weak	$1.0M		Gt Bn	calc
BinanceCEX	Extended	0.4%	0.1%	0.3%	0.3%	−3.6%	−5.5%	205d	weak	$15k	low OI4h/1h	Bn Ex	calc
GateCEX	BybitCEX	8.8%	1.1%	−1.9%	−2.5%	−8.7%	−13.1%	—	weak	$1.0M		Gt By	calc
Lighter	BybitCEX	0.4%	0.4%	−6.9%	−6.6%	−9.8%	−14.7%	—	weak	$69k	1h/4h	Li By	calc
GateCEX	Extended	9.2%	−0.2%	0.1%	2.5%	−5.1%	−7.7%	915d	weak	$15k	low OI4h/1h	Gt Ex	calc
Lighter	MEXCCEX	0.4%	0.0%	−4.1%	−1.5%	−5.2%	−7.7%	—	mixed	$69k	1h/4h	Li Mx	calc
Lighter	BinanceCEX	0.4%	−0.9%	−5.2%	−2.3%	−7.8%	−11.7%	—	mixed	$69k	1h/4h	Li Bn	calc
Lighter	Extended	0.9%	−0.8%	−4.9%	−1.6%	−6.2%	−9.3%	—	mixed	$15k	low OI	Li Ex	calc
Aster	Extended	0.4%	−1.3%	−4.0%	−0.9%	−7.4%	−11.0%	—	mixed	$15k	low OI4h/1h	As Ex	calc
GRVT	Extended	0.4%	−1.2%	−4.3%	−1.2%	−7.9%	−11.9%	—	mixed	$15k	low OI4h/1h	Gr Ex	calc
GateCEX	Variational	8.8%	1.1%	−5.6%	−7.1%	−9.5%	−14.2%	—	mixed	$28k	low OIspread not incl.	Gt Va	calc
BitgetCEX	Extended	0.4%	−1.3%	−5.5%	−1.8%	−9.9%	−14.9%	—	mixed	$15k	low OI4h/1h	Bg Ex	calc
Hyperliquid	Extended	0.4%	−1.3%	−6.5%	−4.8%	−10.2%	−15.3%	—	mixed	$15k	low OI	Hy Ex	calc
Lighter	Variational	0.4%	0.4%	−10.6%	−11.2%	−10.6%	−15.8%	—	mixed	$28k	low OI1h/4hspread not incl.	Li Va	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 04:46 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Lighter at 0.22209, sell on Aster at 0.2248: 1.21% before fees, 1.13% after taker fees.

WIF: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Aster0.2248	Hyperliquid0.22479	Bitget0.2247	GRVT0.224539	MEXC0.2245	Binance0.2244	Bybit0.2244	Gate0.2244	Extended0.224239	RWA Perp0.2242	Variational0.2242	Lighter0.22209
Lighter0.22209	1.21%	1.21%	1.17%	1.10%	1.08%	1.03%	1.03%	1.03%	0.963%	0.946%	0.946%	—
RWA Perp0.2242	0.267%	0.263%	0.223%	0.151%	0.134%	0.089%	0.089%	0.089%	0.018%	—	0.000%	−0.946%
Variational0.2242	0.267%	0.263%	0.223%	0.151%	0.134%	0.089%	0.089%	0.089%	0.018%	0.000%	—	−0.946%
Extended0.224239	0.250%	0.245%	0.205%	0.133%	0.116%	0.072%	0.072%	0.072%	—	−0.018%	−0.018%	−0.963%
Binance0.2244	0.178%	0.174%	0.134%	0.062%	0.045%	—	0.000%	0.000%	−0.072%	−0.089%	−0.089%	−1.03%
Bybit0.2244	0.178%	0.174%	0.134%	0.062%	0.045%	0.000%	—	0.000%	−0.072%	−0.089%	−0.089%	−1.03%
Gate0.2244	0.178%	0.174%	0.134%	0.062%	0.045%	0.000%	0.000%	—	−0.072%	−0.089%	−0.089%	−1.03%
MEXC0.2245	0.134%	0.129%	0.089%	0.017%	—	−0.045%	−0.045%	−0.045%	−0.116%	−0.134%	−0.134%	−1.08%
GRVT0.224539	0.116%	0.112%	0.072%	—	−0.017%	−0.062%	−0.062%	−0.062%	−0.133%	−0.151%	−0.151%	−1.10%
Bitget0.2247	0.044%	0.040%	—	−0.072%	−0.089%	−0.134%	−0.134%	−0.134%	−0.205%	−0.223%	−0.223%	−1.17%
Hyperliquid0.22479	0.004%	—	−0.040%	−0.112%	−0.129%	−0.174%	−0.174%	−0.174%	−0.245%	−0.263%	−0.263%	−1.21%
Aster0.2248	—	−0.004%	−0.044%	−0.116%	−0.134%	−0.178%	−0.178%	−0.178%	−0.250%	−0.267%	−0.267%	−1.21%

All quotes (12)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
Aster	0.2248	0.2248	mark	7m	$12k	no FX
BinanceCEX	0.2244	0.2244	mark	7m	$12.1M	no FX
BitgetCEX	0.2247	0.2247	mark	7m	$908k	no FX
BybitCEX	0.2244	0.2244	mark	7m	$4.5M	no FX
Extended	0.224239	0.224239	mark	7m	$169k
GateCEX	0.2244	0.2244	mark	7m	$1.6M	no FX
GRVT	0.224539	0.224539	mark	7m	$417k	no FX
Hyperliquid	0.22479	0.22479	mark	7m	$476k
Lighter	0.22209	0.22209	mark	7m	$14k
MEXCCEX	0.2245	0.2245	mark	7m	$2.7M	no FX
RWA Perp	0.2242	0.2242	mark	7m	$21k
Variational	0.2242	0.2242	mark	7m	$56k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

↗ buttons open the exchange; some are referral links and we may earn a commission at no extra cost to you.