Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.036%
Price spread now: BingX against Deribit−0.373%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$300.295% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 3 days (all we have)−0.068%−$7 · spread now −0.373%, 7d avg −0.056%
=Funding pays, the price is against you. BingX is 0.317% cheaper against Deribit than usual: you would sell low and buy high (spread −0.373% now, against its 7-day average of −0.056%). If the spread goes back, that is −$32 on $10k: about 11 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit WLD_USDC-PERPETUAL | 0.4560 | 0 | get 0.0000% / 1h | 45m 34s | $153K | $759K | 25x |
| Short | BingX WLD-USDT | 0.4543 | 0.0100 | get 0.0100% / 8h | 2h 45m | — | $68.0M | — |
Deribit WLD_USDC-PERPETUAL
BingX WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- $21
- Price spread: −0.373% → −0.056%
- −$31.68
- Slippage, 4 orders
- −$12.53
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$40.22
- Costs to cover
- 0.295%
- Break-even
- 20.4 days
Slippage from Deribit: live order book, 43 min ago; BingX: live order book, 8 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 Deribit live order book, 43 min ago | 3.27 bp | 8.8 bp −$9 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 1.09 bp | 7.9 bp −$8 | 12.2 bp −$122 | 25.1 bp −$2,512 | 102.3 bp −$51.1K |
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 | −0.0528% | 8h | 0.4557 | −0.066% | $31K | $3.8M | 1.7x | as long as short |
| Variational Omni WLD | −0.0042% | 8h | 0.4558 | −0.054% | $2.1M | $1.6M | — | as long as short |
| Orderly PERP_WLD_USDC | −0.0028% | 8h | 0.4558 | −0.044% | $28K | $918K | 10x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4553 | −0.153% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUALlong | 0.0000% | 1h | 0.4560 | long leg | $153K | $759K | 25x | |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4559 | −0.028% | $57K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0017% | 8h | 0.4549 | −0.241% | $7.0M | $10.7M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0048% | 8h | 0.4543 | −0.373% | $34.3M | $136.7M | 50x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4561 | +0.026% | $5K | $52K | 10x | as long as short |
| Nado WLD-PERP | +0.0060% | 1h | 0.4545 | −0.340% | $271K | $168K | 5x | as long as short |
Kalshi KXWLDPERP
Variational Omni WLD
Orderly PERP_WLD_USDC
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
OKX WLD-USDT-SWAP
Phoenix WLD
Nado WLD-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0083% | 8h | 0.4545 | −0.329% | $66.1M | $79.1M | 50x | as long as short |
| MEXC WLD_USDT | +0.0097% | 8h | 0.4551 | −0.197% | $53.0M | $46.7M | 300x | as long as short |
| Binance WLDUSDT | +0.0099% | 8h | 0.4544 | −0.342% | $86.0M | $290.5M | 75x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4554 | −0.141% | $208K | $974K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4553 | −0.157% | $53K | $473K | 5x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4550 | −0.219% | $7.4M | $34.2M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4538 | −0.482% | $30.1M | $25.1M | 75x | as long as short |
| BingX WLD-USDTshort | +0.0100% | 8h | 0.4543 | −0.373% | — | $68.0M | — | |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4559 | −0.031% | $128K | $278K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4561 | +0.031% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4563 | +0.068% | $618K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4560 | 0.000% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4544 | −0.357% | $54K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4563 | +0.066% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4557 | −0.066% | $198 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | −0.044% | $858K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4558 | −0.044% | $1.9M | $3.8M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4544 | −0.360% | $133K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4559 | −0.016% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4537 | −0.496% | — | — | 20x | as long as short |
| Hyperliquid WLD | +0.0190% | 1h | 0.4548 | −0.261% | $47.2M | $40.5M | 10x | as long as short |
| BloFin WLD-USDT | +0.0215% | 8h | 0.4558 | −0.044% | $5.0M | $834K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0217% / S −0.0307% | 1h | 0.4558 | −0.034% | $12K | — | 100x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4622 | +1.360% | $6K | $139K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4574 | +0.307% | $275K | $1.6M | 50x | as long as short |
| 01 Exchange WLDUSD | +0.0600% | 1h | 0.4551 | −0.204% | $326 | $77 | 5x | as long as short |
| Lighter WLD | +0.1088% | 1h | 0.4563 | +0.064% | $5.1M | $2.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1094% | 1h | 0.4561 | +0.023% | $917K | $2.5M | 50x | as long as short |
Bybit WLDUSDT
MEXC WLD_USDT
Binance WLDUSDT
Aster WLDUSDT
Pacifica WLD
Gate WLD_USDT
Bitget WLDUSDT
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
Hyperliquid WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
01 Exchange WLDUSD
Lighter WLD
Kraken Futures PF_WLDUSD