Funding you earn now, next payment 23:00 UTC−0.0423%/8h= −46.3% APRpaid last 24h −0.058%
Price spread now: KuCoin against Coinbase International0.000%51s7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as 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−$810.811% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 3 days (all we have)−0.031%−$3 · spread now 0.000%, 7d avg −0.079%
=The price spread pays, funding is against you. KuCoin is 0.079% dearer against Coinbase International than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.079%): +$8 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.091% in total) that is about 6.1 days. The two prices were read 51 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 -0.091% in total (about -4.7% 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 | 0.4630 | 0.0440 | pay 0.0055% / 1h | 48m 18s | $275K | $1.7M | 50x |
| Short | KuCoin WLDUSDTM | 0.4630 | 0.0017 | get 0.0017% / 8h | 48m 18s | $7.1M | $10.9M | 50x |
Coinbase International WLD-PERP-INTX
KuCoin WLDUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$88.83
- Price spread: 0.000% → −0.079%
- $7.89
- Slippage, 4 orders
- −$59.1
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$162.03
- Costs to cover
- 0.811%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, just now; 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 Coinbase International live order book, just now | 9.70 bp | 18.0 bp −$18 | 25.3 bp −$253 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 1.08 bp | 15.7 bp −$16 | 38.8 bp −$388 | 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 | −0.0239% | 8h | 0.4627 | −0.065% | $42K | $3.8M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4635 | +0.106% | $165K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4636 | +0.130% | $113K | $884K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4631 | +0.025% | $58K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0012% | 8h | 0.4635 | +0.108% | $28K | $909K | 10x | as long as short |
| KuCoin WLDUSDTMshort | +0.0017% | 8h | 0.4630 | 0.000% | $7.1M | $10.9M | 50x | |
| Nado WLD-PERP | +0.0067% | 1h | 0.4632 | +0.043% | $279K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4634 | +0.077% | $196K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4636 | +0.137% | $53K | $483K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4632 | +0.044% | $87.8M | $298.9M | 75x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Orderly PERP_WLD_USDC
Nado WLD-PERP
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 | 0.4630 | 0.000% | $66.3M | $82.4M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4635 | +0.108% | $34.6M | $143.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4630 | 0.000% | $7.5M | $35.3M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4631 | +0.022% | $50.2M | $51.7M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4636 | +0.130% | $30.6M | $25.7M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4632 | +0.043% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4629 | −0.019% | $131K | $270K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4627 | −0.066% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4630 | −0.005% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4636 | +0.130% | $626K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4637 | +0.151% | $56K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4636 | +0.121% | $43K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4637 | +0.151% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4626 | −0.086% | $206 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4620 | −0.216% | $872K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4625 | −0.108% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4633 | +0.068% | $237K | $859K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4637 | +0.150% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4632 | +0.054% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4630 | +0.008% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4627 | −0.065% | $4.9M | $828K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0261% / S −0.2221% | 1h | 0.4631 | +0.014% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0296% | 1h | 0.4637 | +0.147% | $332 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4612 | −0.389% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTXlong | +0.0440% | 1h | 0.4630 | long leg | $275K | $1.7M | 50x | |
| Hyperliquid WLD | +0.0654% | 1h | 0.4640 | +0.207% | $50.6M | $42.9M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0710% | 1h | 0.4629 | −0.030% | $921K | $2.6M | 50x | as long as short |
| Lighter WLD | +0.1728% | 1h | 0.4648 | +0.382% | $5.3M | $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]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD