Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.96 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against Binance−0.109%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$500.503% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days+0.123%+$12 · spread now −0.109%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.096% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WLDUSDT | 0.4573 | 0.0100 | pay 0.0100% / 8h | 7h 58m | $86.4M | $303.9M | 75x |
| Short | KuCoin WLDUSDTM | 0.4568 | 0.0004 | get 0.0004% / 8h | 7h 58m | $6.9M | $11.0M | 50x |
Binance WLDUSDT
KuCoin WLDUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$20.16
- Price spread: −0.109% → −0.013%
- −$9.61
- Slippage, 4 orders
- −$28.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$80.09
- Costs to cover
- 0.503%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 10 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, 15 min ago | 1.09 bp | 8.3 bp −$8 | 14.9 bp −$149 | 55.3 bp −$5,532 | 219.3 bp −$109.6K |
| Sell KuCoin live order book, 10 min ago | 2.18 bp | 10.9 bp −$11 | 38.9 bp −$389 | 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 | −0.0196% | 8h | 0.4581 | +0.175% | $65K | $3.9M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4583 | +0.216% | $164K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4580 | +0.153% | $122K | $891K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4579 | +0.136% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTMshort | +0.0004% | 8h | 0.4568 | −0.109% | $6.9M | $11.0M | 50x | |
| Injective WLD/USDC PERP | +0.0038% | 1h | 0.4585 | +0.262% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0039% | 8h | 0.4577 | +0.087% | $28K | $906K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4575 | +0.036% | $191K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4580 | +0.142% | $54K | $487K | 5x | as long as short |
| Binance WLDUSDTlong | +0.0100% | 8h | 0.4573 | long leg | $86.4M | $303.9M | 75x |
Kalshi KXWLDPERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4572 | −0.022% | $65.8M | $82.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4569 | −0.087% | $34.2M | $143.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4571 | −0.044% | $7.5M | $34.9M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4572 | −0.022% | $46.3M | $53.0M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4569 | −0.087% | $30.2M | $26.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4572 | −0.022% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4577 | +0.083% | $136K | $283K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4578 | +0.107% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4577 | +0.089% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4585 | +0.262% | $608K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4580 | +0.153% | $55K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4582 | +0.199% | $48K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4584 | +0.241% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4578 | +0.109% | $216 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4582 | +0.197% | $853K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4577 | +0.087% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4572 | −0.030% | $231K | $847K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4580 | +0.156% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4586 | +0.273% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4579 | +0.128% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4581 | +0.175% | $4.9M | $822K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4578 | +0.106% | $5K | — | 100x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0329% | 1h | 0.4583 | +0.212% | $903K | $2.7M | 50x | as long as short |
| Nado WLD-PERP | +0.0331% | 1h | 0.4578 | +0.120% | $276K | $169K | 5x | as long as short |
| 01 Exchange WLDUSD | +0.0384% | 1h | 0.4583 | +0.221% | $328 | $77 | 5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0448% | 1h | 0.4585 | +0.262% | $273K | $1.6M | 50x | as long as short |
| Hyperliquid WLD | +0.0655% | 1h | 0.4578 | +0.118% | $50.8M | $43.6M | 10x | as long as short |
| Lighter WLD | +0.1184% | 1h | 0.4575 | +0.050% | $5.2M | $2.0M | 10x | as long as short |
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
Aevo WLD-PERP
Phoenix WLD
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Nado WLD-PERP
01 Exchange WLDUSD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Lighter WLD