Funding you earn now, next payment 08:00 UTC+0.0356%/8h= +39.0% APRnext payment +$0.44 per $10,000 · paid last 24h +0.059%
Price spread now: Kraken Futures against ApeX Omni−0.269%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 4 days (all we have)+0.423%+$42 · spread now −0.269%, 7d avg +0.002%
=Funding pays, the price is against you. Kraken Futures is 0.272% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.269% now, against its 7-day average of +0.002%). If the spread goes back, that is −$27 on $10k: about 2.5 days of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.098% in total) that is about 19 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.098% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.44 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 | 0.4544 | 0.0100 | pay 0.0013% / 1h | 39m 05s | $48K | $239K | 50x |
| Short | Kraken Futures PF_WLDUSD | 0.4532 | 0.0456 | get 0.0057% / 1h | 39m 05s | $868K | $2.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $74.72
- Price spread: −0.269% → +0.002%
- −$27.19
- Slippage, 4 orders
- −$45.89
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$18.37
- Costs to cover
- 0.659%
- Break-even
- 8.7 days
Slippage from ApeX Omni: live order book, 62 min ago; Kraken Futures: 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, 62 min ago | 8.82 bp | 17.5 bp −$18 | 99.3 bp −$993 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 5.50 bp | 14.1 bp −$14 | 24.2 bp −$242 | 1046.2 bp −$104.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WLD/USDC PERP | −0.0309% | 1h | 0.4531 | −0.286% | $6K | $185K | 5.5x | as long as short |
| Nado WLD-PERP | −0.0039% | 1h | 0.4526 | −0.396% | $236K | $167K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4525 | −0.426% | $154K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4524 | −0.440% | $51K | $4.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4530 | −0.308% | $140K | $979K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4528 | −0.352% | $65K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4529 | −0.330% | $27K | $710K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4529 | −0.335% | $226K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4527 | −0.374% | $49K | $531K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4529 | −0.335% | $86.9M | $333.7M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4526 | −0.396% | $64.3M | $89.2M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4527 | −0.374% | $34.3M | $151.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4527 | −0.374% | $7.1M | $35.6M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4529 | −0.330% | $41.4M | $56.2M | 300x | as long as short |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4527 | −0.374% | $6.6M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4528 | −0.352% | $30.0M | $30.9M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4530 | −0.308% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4529 | −0.332% | $131K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4541 | −0.075% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4544 | +0.008% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4545 | +0.024% | $607K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDTlong | +0.0100% | 1h | 0.4544 | long leg | $48K | $239K | 50x | |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4529 | −0.330% | $50K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4535 | −0.198% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4529 | −0.330% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4527 | −0.374% | $828K | $1.5M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4529 | −0.330% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4527 | −0.378% | $210K | $891K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4531 | −0.297% | $31K | $500 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4528 | −0.347% | — | — | 20x | as long as short |
| Lighter WLD | +0.0160% | 1h | 0.4535 | −0.200% | $4.9M | $2.9M | 10x | as long as short |
| Phoenix WLD | +0.0177% | 1h | 0.4553 | +0.198% | $5K | $43K | 10x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4529 | −0.340% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4531 | −0.286% | $4.8M | $906K | 75x | as long as short |
| 01 Exchange WLDUSD | +0.0232% | 1h | 0.4528 | −0.357% | $324 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0430% | 1h | 0.4533 | −0.242% | $50.3M | $43.7M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4532 | −0.264% | $272K | $1.6M | 50x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0456% | 1h | 0.4532 | −0.269% | $868K | $2.8M | 50x |
ApeX Omni WLDUSDT
Kraken Futures PF_WLDUSD
Injective WLD/USDC PERP
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
KuCoin WLDUSDTM
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
Lighter WLD
Phoenix WLD
GMX WLD/USD [ETH-USDC]
BloFin WLD-USDT
01 Exchange WLDUSD
Hyperliquid WLD
Coinbase International WLD-PERP-INTX