Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.047%
Price spread now: BloFin against Bybit−0.110%82s7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as 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−$450.454% of the position
Funding, last 7 days+0.249%+$25 on $10k
+Price spread, last 4 days (all we have)+0.539%+$54 · spread now −0.110%, 7d avg +0.039%
=Funding pays, the price is against you. BloFin is 0.148% cheaper against Bybit than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of +0.039%). If the spread goes back, that is −$15 on $10k: about 4.1 days of funding at the current rate (+$4 a day). The two prices were read 82 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 | Bybit WLDUSDT | 0.4562 | 0.0100 | pay 0.0100% / 8h | 4h 47m | $65.0M | $88.8M | 50x |
| Short | BloFin WLD-USDT | 0.4557 | 0.0220 | get 0.0220% / 8h | 4h 47m | $4.9M | $845K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: −0.110% → +0.039%
- −$14.83
- Slippage, 4 orders
- −$22.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35
- Costs to cover
- 0.454%
- Break-even
- 16.7 days
Slippage from Bybit: live order book, 1 min ago; BloFin: 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 Bybit live order book, 1 min ago | 1.10 bp | 10.7 bp −$11 | 21.3 bp −$213 | 124.3 bp −$12.4K | doesn't fit |
| Sell BloFin live order book, 6 min ago | 5.45 bp | 11.5 bp −$11 | 17.7 bp −$177 | 45.5 bp −$4,548 | 113.8 bp −$56.9K |
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 | −0.0107% | 8h | 0.4570 | +0.175% | $62K | $4.6M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0080% | 1h | 0.4564 | +0.055% | $242K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0037% | 8h | 0.4562 | 0.000% | $6.9M | $11.7M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4559 | −0.062% | $155K | $33K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4560 | −0.044% | $115K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4563 | +0.019% | $66K | — | 150x | as long as short |
| 01 Exchange WLDUSD | +0.0008% | 1h | 0.4565 | +0.066% | $327 | $80 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4558 | −0.088% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0082% | 8h | 0.4560 | −0.044% | $28K | $888K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4565 | +0.064% | $4.9M | $2.4M | 10x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4564 | +0.044% | $189K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4561 | −0.025% | $49K | $528K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4564 | +0.038% | $86.6M | $327.5M | 75x | as long as short |
| Bybit WLDUSDTlong | +0.0100% | 8h | 0.4562 | long leg | $65.0M | $88.8M | 50x | |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4567 | +0.110% | $34.2M | $148.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4563 | +0.022% | $7.2M | $36.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4565 | +0.066% | $44.5M | $53.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4565 | +0.066% | $30.2M | $30.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4564 | +0.044% | — | $67.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4563 | +0.028% | $135K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4575 | +0.278% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4588 | +0.578% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4586 | +0.527% | $603K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4579 | +0.373% | $43K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4563 | +0.033% | $41K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4566 | +0.088% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4559 | −0.066% | $175 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4551 | −0.241% | $833K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4560 | −0.044% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4564 | +0.050% | $227K | $974K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4544 | −0.391% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4559 | −0.061% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4594 | +0.695% | $5K | $52K | 10x | as long as short |
| Hyperliquid WLD | +0.0166% | 1h | 0.4568 | +0.123% | $50.1M | $43.2M | 10x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4557 | −0.110% | $4.9M | $845K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4562 | +0.006% | $5K | — | 100x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0481% | 1h | 0.4562 | −0.002% | $882K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4571 | +0.197% | $268K | $1.7M | 50x | as long as short |
Bybit WLDUSDT
BloFin WLD-USDT
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
Injective WLD/USDC PERP
Lighter WLD
Aster WLDUSDT
Pacifica WLD
Binance 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
Phoenix WLD
Hyperliquid WLD
GMX WLD/USD [ETH-USDC]
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX