Funding you earn now, next payment 21:00 UTC−0.0469%/8h= −51.3% APRpaid last 24h −0.058%
Price spread now: Variational Omni against Coinbase International+0.140%7-day average −0.063% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.087%−$9 on $10k
+Price spread, last 3 days (all we have)−0.695%−$69 · spread now +0.140%, 7d avg −0.063%
=Together, before fees−0.782%+ Points / potential airdropVariational Omni: Active · farm board−$78 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.203% dearer against Coinbase International than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of −0.063%): +$20 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 3 days (−0.087% in total) that is about 7.5 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.087% in total (about -9.9% 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 | 0.4624 | 0.0400 | pay 0.0050% / 1h | 55m 37s | $275K | $1.6M | 50x |
| Short | Variational Omni WLD | 0.4630 | −0.0069 | pay 0.0069% / 8h | 2h 55m | $2.1M | $1.7M | — |
Coinbase International WLD-PERP-INTX
Variational Omni WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$98.4
- Price spread: +0.140% → −0.063%
- $20.26
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$88.14
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
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 | 7.55 bp | 20.8 bp −$21 | 26.0 bp −$260 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 5.39 bp | doesn't fit | 18.3 bp −$183 | 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 | −0.0313% | 8h | 0.4623 | −0.022% | $31K | $3.7M | 1.7x | as long as short |
| Phoenix WLD | −0.0091% | 1h | 0.4637 | +0.290% | $2K | $52K | 10x | as long as short |
| Variational Omni WLDshort | −0.0069% | 8h | 0.4630 | +0.140% | $2.1M | $1.7M | — | |
| Orderly PERP_WLD_USDC | −0.0029% | 8h | 0.4621 | −0.065% | $28K | $922K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4625 | +0.021% | $158K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4624 | 0.000% | $156K | $781K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4619 | −0.098% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0013% | 8h | 0.4620 | −0.087% | $7.0M | $10.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0032% | 8h | 0.4613 | −0.238% | $34.9M | $137.9M | 50x | as long as short |
| Bybit WLDUSDT | +0.0055% | 8h | 0.4616 | −0.173% | $67.9M | $78.5M | 50x | as long as short |
Kalshi KXWLDPERP
Phoenix WLD
Orderly PERP_WLD_USDC
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
OKX WLD-USDT-SWAP
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | +0.0076% | 1h | 0.4619 | −0.097% | $357K | $127K | 5x | as long as short |
| MEXC WLD_USDT | +0.0084% | 8h | 0.4623 | −0.022% | $54.6M | $46.0M | 300x | as long as short |
| Binance WLDUSDT | +0.0087% | 8h | 0.4617 | −0.159% | $88.3M | $288.3M | 75x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4626 | +0.052% | $211K | $984K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4624 | −0.004% | $55K | $475K | 5x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4621 | −0.065% | $7.6M | $33.8M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4623 | −0.022% | $30.5M | $24.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4623 | −0.022% | — | $67.9M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4622 | −0.054% | $131K | $282K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4629 | +0.113% | $27K | $314K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4633 | +0.202% | $627K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4632 | +0.173% | $55K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4620 | −0.091% | $57K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4628 | +0.087% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4622 | −0.043% | $202 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4618 | −0.130% | $869K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4622 | −0.043% | $1.9M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4623 | −0.012% | $135K | $744K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4623 | −0.030% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4619 | −0.106% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0204% | 8h | 0.4627 | +0.065% | $5.0M | $876K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0223% / S −0.1831% | 1h | 0.4619 | −0.099% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0240% | 1h | 0.4628 | +0.095% | $331 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4647 | +0.497% | $6K | $90K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTXlong | +0.0400% | 1h | 0.4624 | long leg | $275K | $1.6M | 50x | |
| Hyperliquid WLD | +0.0437% | 1h | 0.4631 | +0.151% | $48.2M | $40.4M | 10x | as long as short |
| Lighter WLD | +0.0880% | 1h | 0.4634 | +0.212% | $5.1M | $1.9M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1078% | 1h | 0.4626 | +0.040% | $928K | $2.5M | 50x | as long as short |
Nado WLD-PERP
MEXC WLD_USDT
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
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
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Hyperliquid WLD
Lighter WLD
Kraken Futures PF_WLDUSD