Funding you earn now, next payment 23:00 UTC+0.0340%/8h= +37.2% APRnext payment +$0.43 per $10,000 · paid last 24h +0.044%
Price spread now: Coinbase International against ApeX Omni+0.303%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$800.801% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)−0.230%−$23 · spread now +0.303%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.291% dearer against ApeX Omni than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.012%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.43 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 | ApeX Omni WLDUSDT | 0.4624 | 0.0100 | pay 0.0013% / 1h | 53m 31s | $56K | $228K | 50x |
| Short | Coinbase International WLD-PERP-INTX | 0.4638 | 0.0440 | get 0.0055% / 1h | 53m 31s | $276K | $1.7M | 50x |
ApeX Omni WLDUSDT
Coinbase International WLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. 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
- $71.4
- Price spread: +0.303% → +0.012%
- $29.07
- Slippage, 4 orders
- −$60.14
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $20.33
- Costs to cover
- 0.801%
- Break-even
- 5.0 days
Slippage from ApeX Omni: live order book, 23 min ago; Coinbase International: live order book, 5 min ago.
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 ApeX Omni live order book, 23 min ago | 7.66 bp | 15.5 bp −$15 | 97.7 bp −$977 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 10.82 bp | 25.0 bp −$25 | 35.2 bp −$352 | doesn't fit | doesn't fit |
WLD on 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0244% | 8h | 0.4629 | +0.108% | $42K | $3.8M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4627 | +0.068% | $165K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4630 | +0.130% | $110K | $881K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4626 | +0.036% | $58K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0010% | 8h | 0.4630 | +0.130% | $28K | $909K | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0015% | 8h | 0.4624 | 0.000% | $7.1M | $10.8M | 50x | as long as short |
| Nado WLD-PERP | +0.0076% | 1h | 0.4625 | +0.011% | $278K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4631 | +0.151% | $196K | $999K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4628 | +0.097% | $53K | $481K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4628 | +0.078% | $87.7M | $298.4M | 75x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
KuCoin WLDUSDTM
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4627 | +0.065% | $66.3M | $82.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4626 | +0.043% | $34.5M | $143.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4625 | +0.022% | $7.5M | $35.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4627 | +0.065% | $49.8M | $51.5M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4627 | +0.065% | $30.6M | $25.7M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4626 | +0.043% | — | $67.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4631 | +0.160% | $131K | $269K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4623 | −0.024% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4624 | +0.002% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4635 | +0.237% | $626K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDTlong | +0.0100% | 1h | 0.4624 | long leg | $56K | $228K | 50x | |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4628 | +0.097% | $42K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4636 | +0.260% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4629 | +0.108% | $204 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4624 | 0.000% | $873K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4630 | +0.130% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4626 | +0.035% | $237K | $859K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4632 | +0.162% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4632 | +0.184% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4625 | +0.024% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4625 | +0.022% | $4.9M | $824K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0261% / S −0.2221% | 1h | 0.4630 | +0.130% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0272% | 1h | 0.4627 | +0.061% | $331 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4612 | −0.260% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0440% | 1h | 0.4638 | +0.303% | $276K | $1.7M | 50x | |
| Hyperliquid WLD | +0.0623% | 1h | 0.4633 | +0.195% | $50.4M | $42.8M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0710% | 1h | 0.4634 | +0.217% | $925K | $2.6M | 50x | as long as short |
| Lighter WLD | +0.1560% | 1h | 0.4639 | +0.324% | $5.3M | $2.0M | 10x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Phoenix WLD
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD