Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.034%
Price spread now: Deribit against ApeX Omni−0.415%74s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$560.563% of the position
Funding, last 7 days−0.185%−$19 on $10k
+Price spread, last 4 days (all we have)+0.831%+$83 · spread now −0.415%, 7d avg −0.009%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.406% cheaper against ApeX Omni than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of −0.009%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni WLDUSDT | 0.4579 | 0.0100 | pay 0.0013% / 1h | 47m 49s | $43K | $239K | 50x |
| Short | Deribit WLD_USDC-PERPETUAL | 0.4560 | 0 | get 0.0000% / 1h | 47m 49s | $115K | $923K | 25x |
ApeX Omni WLDUSDT
Deribit WLD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: −0.415% → −0.009%
- −$40.6
- Slippage, 4 orders
- −$39.28
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$117.89
- Costs to cover
- 0.563%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 9 min ago; Deribit: live order book, 11 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, 9 min ago | 8.72 bp | 16.3 bp −$16 | 101.2 bp −$1,012 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 11 min ago | 3.28 bp | 6.8 bp −$7 | doesn't fit | 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 | −0.0107% | 8h | 0.4570 | −0.197% | $62K | $4.6M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0080% | 1h | 0.4564 | −0.317% | $242K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0037% | 8h | 0.4562 | −0.371% | $6.9M | $11.7M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4566 | −0.290% | $156K | $33K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUALshort | 0.0000% | 1h | 0.4560 | −0.415% | $115K | $923K | 25x | |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4563 | −0.353% | $66K | — | 150x | as long as short |
| 01 Exchange WLDUSD | +0.0008% | 1h | 0.4565 | −0.306% | $327 | $80 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4558 | −0.459% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0082% | 8h | 0.4560 | −0.415% | $28K | $888K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4569 | −0.210% | $4.9M | $2.4M | 10x | as long as short |
Kalshi KXWLDPERP
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
Lighter WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4564 | −0.328% | $189K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4567 | −0.262% | $49K | $528K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4566 | −0.279% | $86.7M | $327.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4563 | −0.349% | $65.0M | $88.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4565 | −0.306% | $34.2M | $148.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4563 | −0.349% | $7.2M | $36.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4565 | −0.306% | $44.5M | $53.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4564 | −0.328% | $30.2M | $30.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4564 | −0.328% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4563 | −0.343% | $135K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4575 | −0.094% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4588 | +0.205% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4586 | +0.153% | $603K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDTlong | +0.0100% | 1h | 0.4579 | long leg | $43K | $239K | 50x | |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4563 | −0.339% | $41K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4566 | −0.284% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4559 | −0.437% | $175 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4551 | −0.611% | $833K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4560 | −0.415% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4564 | −0.322% | $227K | $974K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4544 | −0.761% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4559 | −0.432% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4594 | +0.321% | $5K | $52K | 10x | as long as short |
| Hyperliquid WLD | +0.0170% | 1h | 0.4570 | −0.194% | $50.1M | $43.2M | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4557 | −0.480% | $4.9M | $845K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4562 | −0.365% | $5K | — | 100x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0481% | 1h | 0.4562 | −0.373% | $882K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4571 | −0.175% | $268K | $1.7M | 50x | as long as short |
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
Reya WLDRUSDPERP
Phoenix WLD
Hyperliquid WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX