Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance−0.160%51s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as 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−$340.342% of the position
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 3 days (all we have)+0.323%+$32 · spread now −0.160%, 7d avg +0.033%
=Funding pays, the price is against you. BloFin is 0.193% cheaper against Binance than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of +0.033%). If the spread goes back, that is −$19 on $10k: about 5.4 days of funding at the current rate (+$4 a day). The two prices were read 51 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 | Binance WLDUSDT | 0.4625 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $87.6M | $304.0M | 75x |
| Short | BloFin WLD-USDT | 0.4618 | 0.0220 | get 0.0220% / 8h | 7h 40m | $4.9M | $829K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.2
- Price spread: −0.160% → +0.033%
- −$19.34
- Slippage, 4 orders
- −$12.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$28.3
- Costs to cover
- 0.342%
- Break-even
- 14.9 days
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 3 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 Binance live order book, 3 min ago | 1.08 bp | 9.0 bp −$9 | 16.4 bp −$164 | 58.3 bp −$5,826 | 212.5 bp −$106.2K |
| Sell BloFin live order book, 3 min ago | 3.25 bp | 9.8 bp −$10 | 12.7 bp −$127 | 51.0 bp −$5,104 | 132.0 bp −$66.0K |
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 | −0.0190% | 8h | 0.4619 | −0.139% | $64K | $3.9M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0031% | 1h | 0.4627 | +0.034% | $279K | $169K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0012% | 8h | 0.4623 | −0.052% | $7.0M | $11.1M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4624 | −0.025% | $165K | $13K | 10x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4627 | +0.034% | $57K | — | 150x | as long as short |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4597 | −0.614% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0041% | 8h | 0.4627 | +0.034% | $28K | $903K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4626 | +0.014% | $193K | $984K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4626 | +0.020% | $54K | $483K | 5x | as long as short |
| Binance WLDUSDTlong | +0.0100% | 8h | 0.4625 | long leg | $87.6M | $304.0M | 75x |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4625 | −0.009% | $66.4M | $82.4M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4625 | −0.009% | $34.6M | $144.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4626 | +0.012% | $7.5M | $35.2M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4626 | +0.012% | $47.1M | $53.3M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4625 | −0.009% | $30.6M | $26.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4626 | +0.012% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4623 | −0.059% | $137K | $280K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4618 | −0.165% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4607 | −0.404% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4612 | −0.287% | $609K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4590 | −0.766% | $54K | $229K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4627 | +0.036% | $56K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4631 | +0.121% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4626 | +0.012% | $221 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4618 | −0.160% | $859K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4618 | −0.160% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4624 | −0.030% | $234K | $847K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4626 | +0.020% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4624 | −0.024% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4615 | −0.219% | $5K | $53K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0182% | 1h | 0.4629 | +0.077% | $124K | $863K | 25x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4618 | −0.160% | $4.9M | $829K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4626 | +0.016% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4628 | +0.064% | $331 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0326% | 1h | 0.4629 | +0.082% | $912K | $2.7M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4622 | −0.074% | $274K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0729% | 1h | 0.4633 | +0.175% | $51.6M | $43.5M | 10x | as long as short |
| Lighter WLD | +0.0944% | 1h | 0.4635 | +0.209% | $5.2M | $2.0M | 10x | as long as short |
Binance WLDUSDT
BloFin WLD-USDT
Kalshi KXWLDPERP
KuCoin WLDUSDTM
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Aster WLDUSDT
Pacifica WLD
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
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD