Funding you earn now, next payment 21:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h −0.040%
Price spread now: BingX against Coinbase International0.000%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$680.683% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.668%−$67 · spread now 0.000%, 7d avg −0.065%
=The price spread pays, funding is against you. BingX is 0.065% dearer against Coinbase International than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.065%): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.003% in total) that is about 5 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.2% 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 | Coinbase International WLD-PERP-INTX | 0.4569 | 0.0400 | pay 0.0050% / 1h | 50m 05s | $275K | $1.6M | 50x |
| Short | BingX WLD-USDC | 0.4569 | 0.0100 | get 0.0100% / 8h | 2h 50m | — | $1.3M | — |
Coinbase International WLD-PERP-INTX
BingX WLD-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Coinbase International. 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
- −$63
- Price spread: 0.000% → −0.065%
- $6.51
- Slippage, 4 orders
- −$48.26
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$124.75
- Costs to cover
- 0.683%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; BingX: live order book, 11 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 Coinbase International live order book, 3 min ago | 7.60 bp | 17.7 bp −$18 | 24.4 bp −$244 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 2.15 bp | 12.2 bp −$12 | 35.7 bp −$357 | 476.4 bp −$47.6K | 821.0 bp −$410.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0452% | 8h | 0.4572 | +0.066% | $33K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0055% | 8h | 0.4588 | +0.405% | $2.1M | $1.7M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0028% | 8h | 0.4569 | 0.000% | $28K | $920K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4582 | +0.274% | $156K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4569 | 0.000% | $154K | $785K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4567 | −0.046% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0014% | 8h | 0.4558 | −0.241% | $6.9M | $10.7M | 50x | as long as short |
| ApeX Omni WLDUSDT | +0.0017% | 1h | 0.4600 | +0.678% | $55K | $226K | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0041% | 8h | 0.4566 | −0.066% | $34.5M | $137.2M | 50x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4597 | +0.622% | $5K | $52K | 10x | as long as short |
Kalshi KXWLDPERP
Variational Omni WLD
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
ApeX Omni WLDUSDT
OKX WLD-USDT-SWAP
Phoenix WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0069% | 8h | 0.4568 | −0.022% | $67.2M | $78.6M | 50x | as long as short |
| Nado WLD-PERP | +0.0074% | 1h | 0.4575 | +0.142% | $273K | $168K | 5x | as long as short |
| MEXC WLD_USDT | +0.0090% | 8h | 0.4569 | 0.000% | $53.2M | $46.6M | 300x | as long as short |
| Binance WLDUSDT | +0.0091% | 8h | 0.4566 | −0.066% | $87.2M | $289.8M | 75x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4567 | −0.035% | $209K | $977K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4583 | +0.303% | $55K | $475K | 5x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4569 | 0.000% | $7.5M | $34.0M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4565 | −0.088% | $30.2M | $25.1M | 75x | as long as short |
| BingX WLD-USDCshort | +0.0100% | 8h | 0.4569 | 0.000% | — | $1.3M | — | |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4569 | −0.004% | $128K | $283K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4599 | +0.659% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4607 | +0.831% | $624K | $1.9M | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4582 | +0.280% | $56K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4580 | +0.241% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4562 | −0.153% | $197 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4568 | −0.022% | $860K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4562 | −0.153% | $1.9M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4568 | −0.029% | $134K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4568 | −0.020% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4574 | +0.112% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0211% | 8h | 0.4579 | +0.219% | $5.0M | $879K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0222% / S −0.1831% | 1h | 0.4566 | −0.065% | $9K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0329% | 1h | 0.4573 | +0.088% | $47.5M | $40.4M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.160% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTXlong | +0.0400% | 1h | 0.4569 | long leg | $275K | $1.6M | 50x | |
| 01 Exchange WLDUSD | +0.0768% | 1h | 0.4586 | +0.363% | $328 | $77 | 5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1093% | 1h | 0.4564 | −0.113% | $918K | $2.5M | 50x | as long as short |
| Lighter WLD | +0.1128% | 1h | 0.4575 | +0.140% | $5.1M | $2.0M | 10x | as long as short |
Bybit WLDUSDT
Nado WLD-PERP
MEXC WLD_USDT
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
Gate WLD_USDT
Bitget WLDUSDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Injective WLD/USDC PERP
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Lighter WLD