Settings8H · net · $10k
Funding arb · Price arb /

WLD

all WLD markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.521%+$52 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni WLDUSDT0.45440.0100pay 0.0013% / 1h39m 05s$48K$239K50x
ShortKraken Futures PF_WLDUSD0.45320.0456get 0.0057% / 1h39m 05s$868K$2.8M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 62 min ago8.82 bp17.5 bp −$1899.3 bp −$993doesn't fitdoesn't fit
Sell Kraken Futures live order book, 5 min ago5.50 bp14.1 bp −$1424.2 bp −$2421046.2 bp −$104.6Kdoesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective WLD/USDC PERP−0.0309%1h0.4531−0.286%$6K$185K5.5xas long as short
Nado WLD-PERP−0.0039%1h0.4526−0.396%$236K$167K5xas long as short
dYdX WLD-USD0.0000%1h0.4525−0.426%$154K$32K10xas long as short
Kalshi KXWLDPERP0.0000%8h0.4524−0.440%$51K$4.7M1.7xas long as short
Deribit WLD_USDC-PERPETUAL0.0000%1h0.4530−0.308%$140K$979K25xas long as short
gTrade (Gains Network) WLD/USDL +0.0003% / S −0.0003%1h0.4528−0.352%$65K150xas long as short
Orderly PERP_WLD_USDC+0.0099%8h0.4529−0.330%$27K$710K10xas long as short
Aster WLDUSDT+0.0100%8h0.4529−0.335%$226K$1.0M50xas long as short
Pacifica WLD+0.0100%1h0.4527−0.374%$49K$531K5xas long as short
Binance WLDUSDT+0.0100%8h0.4529−0.335%$86.9M$333.7M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit WLDUSDT+0.0100%8h0.4526−0.396%$64.3M$89.2M50xas long as short
OKX WLD-USDT-SWAP+0.0100%8h0.4527−0.374%$34.3M$151.7M50xas long as short
Gate WLD_USDT+0.0100%8h0.4527−0.374%$7.1M$35.6M75xas long as short
MEXC WLD_USDT+0.0100%8h0.4529−0.330%$41.4M$56.2M300xas long as short
KuCoin WLDUSDTM+0.0100%8h0.4527−0.374%$6.6M$11.6M50xas long as short
Bitget WLDUSDT+0.0100%8h0.4528−0.352%$30.0M$30.9M75xas long as short
BingX WLD-USDC+0.0100%8h0.4530−0.308%$1.3Mas long as short
Backpack WLD_USDC_PERP+0.0100%1h0.4529−0.332%$131K$298K10xas long as short
Variational Omni WLD+0.0100%8h0.4541−0.075%$2.1M$1.6Mas long as short
edgeX WLDUSDC+0.0100%4h0.4544+0.008%$27K$319K20xas long as short
GRVT WLD_USDT_Perp+0.0100%8h0.4545+0.024%$607K$2.1M10xas long as short
ApeX Omni WLDUSDTlong+0.0100%1h0.4544long leg$48K$239K50x
Polymarket Perps WLD-USD+0.0100%1h0.4529−0.330%$50K$2.7M10xas long as short
SunX WLD-USDT+0.0100%8h0.4535−0.198%$22K$1.6M50xas long as short
SoDEX WLD-USD+0.0100%1h0.4529−0.330%$215$5K10xas long as short
HTX WLD-USDT+0.0100%8h0.4527−0.374%$828K$1.5M50xas long as short
Phemex WLDUSDT+0.0100%8h0.4529−0.330%$1.7M$3.6M50xas long as short
Extended WLD-USD+0.0104%1h0.4527−0.378%$210K$891K10xas long as short
Aevo WLD-PERP+0.0104%1h0.4531−0.297%$31K$5003xas long as short
Reya WLDRUSDPERP+0.0134%1h0.4528−0.347%20xas long as short
Lighter WLD+0.0160%1h0.4535−0.200%$4.9M$2.9M10xas long as short
Phoenix WLD+0.0177%1h0.4553+0.198%$5K$43K10xas long as short
GMX WLD/USD [ETH-USDC]L +0.0219% / S −0.0967%1h0.4529−0.340%$4K100xas long as short
BloFin WLD-USDT+0.0220%8h0.4531−0.286%$4.8M$906K75xas long as short
01 Exchange WLDUSD+0.0232%1h0.4528−0.357%$324$555xas long as short
Hyperliquid WLD+0.0430%1h0.4533−0.242%$50.3M$43.7M10xas long as short
Coinbase International WLD-PERP-INTX+0.0448%1h0.4532−0.264%$272K$1.6M50xas long as short
Kraken Futures PF_WLDUSDshort+0.0456%1h0.4532−0.269%$868K$2.8M50x