Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against BloFin−0.066%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$280.282% of the position
Funding, last 7 days−0.253%−$25 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.066%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.046% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin WLD-USDT | 0.4521 | 0.0220 | pay 0.0220% / 8h | 7h 53m | $4.4M | $910K | 75x |
| Short | MEXC WLD_USDT | 0.4518 | 0.0100 | get 0.0100% / 8h | 7h 53m | $41.9M | $55.5M | 300x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$25.2
- Price spread: −0.066% → −0.021%
- −$4.58
- Slippage, 4 orders
- −$16.16
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$57.94
- Costs to cover
- 0.282%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; MEXC: live order book, 6 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, 5 min ago | 3.32 bp | 13.6 bp −$14 | 18.9 bp −$189 | 43.2 bp −$4,317 | 140.7 bp −$70.4K |
| Sell MEXC live order book, 6 min ago | 1.11 bp | 2.4 bp −$2 | 6.7 bp −$67 | 29.9 bp −$2,992 | 71.0 bp −$35.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX WLD-USD | 0.0000% | 1h | 0.4512 | −0.197% | $154K | $32K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4516 | −0.111% | $40K | $4.6M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4521 | 0.000% | $119K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4515 | −0.127% | $65K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0018% | 1h | 0.4518 | −0.066% | $234K | $175K | 5x | as long as short |
| Gate WLD_USDT | +0.0066% | 8h | 0.4517 | −0.088% | $7.1M | $34.5M | 75x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4519 | −0.044% | $27K | $631K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4519 | −0.052% | $227K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4514 | −0.160% | $54K | $543K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4518 | −0.069% | $86.7M | $333.3M | 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 | 0.4515 | −0.133% | $63.9M | $89.4M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4516 | −0.111% | $34.2M | $150.0M | 50x | as long as short |
| MEXC WLD_USDTshort | +0.0100% | 8h | 0.4518 | −0.066% | $41.9M | $55.5M | 300x | |
| KuCoin WLDUSDTM | +0.0100% | 8h | 0.4514 | −0.155% | $6.6M | $11.6M | 50x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4517 | −0.088% | $29.8M | $31.0M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4518 | −0.066% | — | $20.2M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4515 | −0.126% | $131K | $298K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4509 | −0.271% | $2.1M | $1.5M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4507 | −0.310% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4521 | +0.002% | $597K | $2.1M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4507 | −0.310% | $48K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4519 | −0.044% | $49K | $2.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4523 | +0.044% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4518 | −0.066% | $215 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4520 | −0.022% | $827K | $1.5M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4518 | −0.066% | $1.7M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4517 | −0.092% | $208K | $876K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4520 | −0.026% | $31K | $500 | 3x | as long as short |
| Injective WLD/USDC PERP | +0.0109% | 1h | 0.4508 | −0.288% | $6K | $185K | 5.5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4516 | −0.104% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0194% | 1h | 0.4520 | −0.022% | $4K | $44K | 10x | as long as short |
| 01 Exchange WLDUSD | +0.0208% | 1h | 0.4518 | −0.062% | $323 | $55 | 5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4519 | −0.051% | $4K | — | 100x | as long as short |
| BloFin WLD-USDTlong | +0.0220% | 8h | 0.4521 | long leg | $4.4M | $910K | 75x | |
| Kraken Futures PF_WLDUSD | +0.0303% | 1h | 0.4520 | −0.020% | $869K | $2.8M | 50x | as long as short |
| Lighter WLD | +0.0304% | 1h | 0.4524 | +0.064% | $4.9M | $2.9M | 10x | as long as short |
| Hyperliquid WLD | +0.0356% | 1h | 0.4523 | +0.040% | $50.3M | $43.0M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4523 | +0.044% | $269K | $1.6M | 50x | as long as short |
BloFin WLD-USDT
MEXC WLD_USDT
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Gate WLD_USDT
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
KuCoin WLDUSDTM
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
Injective WLD/USDC PERP
Phoenix WLD
01 Exchange WLDUSD
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Lighter WLD
Hyperliquid WLD
Coinbase International WLD-PERP-INTX