Funding you earn now, next payment 04:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h +0.046%
Price spread now: Coinbase International against BloFin+0.111%58s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as 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−$640.643% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)−0.276%−$28 · spread now +0.111%, 7d avg +0.049%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.062% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.049%. Mind the row above: over the last 7 days funding on this pair cost −0.114%, so the current rate has only just turned in your favour. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.114% in total (about -6.0% a year). A funding rate is set anew for every payment. 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 | BloFin WLD-USDT | 0.4518 | 0.0220 | pay 0.0220% / 8h | 3h 09m | $4.8M | $877K | 75x |
| Short | Coinbase International WLD-PERP-INTX | 0.4523 | 0.0560 | get 0.0070% / 1h | 9m 27s | $263K | $1.6M | 50x |
BloFin WLD-USDT
Coinbase International WLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- $71.4
- Price spread: +0.111% → +0.049%
- $6.21
- Slippage, 4 orders
- −$42.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $13.32
- Costs to cover
- 0.643%
- Break-even
- 5.7 days
Slippage from BloFin: live order book, 4 min ago; Coinbase International: live order book, 4 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 BloFin live order book, 4 min ago | 3.31 bp | 11.0 bp −$11 | 13.8 bp −$138 | 35.9 bp −$3,594 | 132.6 bp −$66.3K |
| Sell Coinbase International live order book, 4 min ago | 5.52 bp | 17.8 bp −$18 | 21.3 bp −$213 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0027% | 1h | 0.4507 | −0.232% | $239K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4515 | −0.062% | $154K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4516 | −0.044% | $65K | $4.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4515 | −0.066% | $119K | $988K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4510 | −0.177% | $65K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0032% | 8h | 0.4509 | −0.199% | $6.8M | $11.8M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4508 | −0.221% | $28K | $868K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4511 | −0.148% | $221K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4515 | −0.058% | $50K | $526K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4508 | −0.219% | $85.8M | $332.1M | 75x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4506 | −0.266% | $63.9M | $90.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4508 | −0.221% | $34.1M | $150.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4509 | −0.199% | $7.2M | $36.8M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4510 | −0.177% | $39.9M | $55.5M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4510 | −0.177% | $29.7M | $30.2M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4509 | −0.199% | — | $67.8M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4514 | −0.097% | $134K | $304K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4516 | −0.052% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4527 | +0.200% | $27K | $318K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4527 | +0.199% | $600K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4529 | +0.243% | $48K | $240K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4509 | −0.206% | $49K | $2.2M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4519 | +0.022% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4514 | −0.089% | $203 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4512 | −0.133% | $824K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4515 | −0.066% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4507 | −0.248% | $214K | $984K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4509 | −0.200% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4508 | −0.217% | — | — | 20x | as long as short |
| Injective WLD/USDC PERP | +0.0142% | 1h | 0.4538 | +0.443% | $6K | $185K | 5.5x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4525 | +0.146% | $5K | $52K | 10x | as long as short |
| BloFin WLD-USDTlong | +0.0220% | 8h | 0.4518 | long leg | $4.8M | $877K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4509 | −0.190% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0248% | 1h | 0.4510 | −0.179% | $323 | $55 | 5x | as long as short |
| Hyperliquid WLD | +0.0308% | 1h | 0.4516 | −0.051% | $49.2M | $43.6M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0526% | 1h | 0.4515 | −0.058% | $866K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTXshort | +0.0560% | 1h | 0.4523 | +0.111% | $263K | $1.6M | 50x | |
| Lighter WLD | +0.0712% | 1h | 0.4521 | +0.064% | $4.9M | $2.9M | 10x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
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
Reya WLDRUSDPERP
Injective WLD/USDC PERP
Phoenix WLD
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD