Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.026%
Price spread now: dYdX against ApeX Omni−0.179%50s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$311as 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−$2912.909% of the position
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 3 days (all we have)−0.146%−$15 · spread now −0.179%, 7d avg −0.035%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.144% cheaper against ApeX Omni than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.035%). Swap the legs. The two prices were read 50 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 | 0.4572 | 0.0100 | pay 0.0013% / 1h | 24m 08s | $55K | $227K | 50x |
| Short | dYdX WLD-USD | 0.4564 | 0 | get 0.0000% / 1h | 24m 08s | $156K | $6K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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: −0.179% → −0.035%
- −$14.4
- Slippage, 4 orders
- −$270.9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$326.3
- Costs to cover
- 2.909%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 62 min ago; dYdX: live order book, 64 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, 62 min ago | 7.62 bp | 16.3 bp −$16 | 107.1 bp −$1,071 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 64 min ago | 124.62 bp | 129.6 bp −$130 | 129.6 bp −$1,296 | 159.5 bp −$15.9K | 635.6 bp −$317.8K |
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 | −0.0446% | 8h | 0.4563 | −0.197% | $44K | $3.8M | 1.7x | as long as short |
| Orderly PERP_WLD_USDC | −0.0023% | 8h | 0.4559 | −0.284% | $28K | $917K | 10x | as long as short |
| Variational Omni WLD | −0.0017% | 8h | 0.4577 | +0.117% | $2.1M | $1.6M | — | as long as short |
| dYdX WLD-USDshort | 0.0000% | 1h | 0.4564 | −0.179% | $156K | $6K | 10x | |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4561 | −0.241% | $128K | $903K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4561 | −0.230% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0009% | 8h | 0.4557 | −0.328% | $7.0M | $10.7M | 50x | as long as short |
| Nado WLD-PERP | +0.0036% | 1h | 0.4557 | −0.317% | $272K | $168K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4571 | −0.013% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0070% | 8h | 0.4560 | −0.262% | $34.1M | $138.6M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WLD | +0.0100% | 1h | 0.4565 | −0.157% | $47.2M | $40.7M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4563 | −0.207% | $216K | $981K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4561 | −0.241% | $51K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4560 | −0.262% | $85.7M | $292.4M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4560 | −0.262% | $65.2M | $80.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4560 | −0.262% | $7.5M | $34.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4560 | −0.262% | $53.9M | $47.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4558 | −0.306% | $30.2M | $25.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4560 | −0.262% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4562 | −0.227% | $129K | $272K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4569 | −0.059% | $27K | $314K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4575 | +0.064% | $613K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDTlong | +0.0100% | 1h | 0.4572 | long leg | $55K | $227K | 50x | |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4557 | −0.326% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4564 | −0.175% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4560 | −0.262% | $197 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4568 | −0.087% | $862K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4561 | −0.241% | $1.8M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4559 | −0.283% | $134K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4568 | −0.087% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4557 | −0.330% | — | — | 20x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4561 | −0.250% | $12K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4560 | −0.262% | $4.9M | $810K | 75x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.094% | $6K | $139K | 5.5x | as long as short |
| 01 Exchange WLDUSD | +0.0392% | 1h | 0.4562 | −0.210% | $326 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4578 | +0.131% | $280K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.1008% | 1h | 0.4570 | −0.052% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1093% | 1h | 0.4564 | −0.176% | $924K | $2.6M | 50x | as long as short |
ApeX Omni WLDUSDT
Kalshi KXWLDPERP
Variational Omni WLD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Phoenix WLD
OKX WLD-USDT-SWAP
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
Injective WLD/USDC PERP
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Lighter WLD
Kraken Futures PF_WLDUSD