Funding you earn now, next payment 06:00 UTC−0.0193%/8h= −21.1% APRpaid last 24h +0.054%
Price spread now: BloFin against Deribit−0.486%57s7-day average −0.023% · 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—prices read too far apart to compare
costs, in and out, $10k−$440.443% of the position
Funding, last 7 days+0.330%+$33 on $10k
+Price spread, last 4 days (all we have)+0.456%+$46 · spread now −0.486%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.463% cheaper against Deribit than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of −0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.330%, so the current rate has only just turned against you. The two prices were read 57 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 | Deribit WLD_USDC-PERPETUAL | 0.4529 | 0.0413 | pay 0.0052% / 1h | 20m 00s | $145K | $1.0M | 25x |
| Short | BloFin WLD-USDT | 0.4507 | 0.0220 | get 0.0220% / 8h | 2h 20m | $4.8M | $915K | 75x |
Deribit WLD_USDC-PERPETUAL
BloFin WLD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$40.5
- Price spread: −0.486% → −0.023%
- −$46.3
- Slippage, 4 orders
- −$25.32
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$131.12
- Costs to cover
- 0.443%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago | 5.57 bp | 9.1 bp −$9 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 3.35 bp | 13.7 bp −$14 | 15.7 bp −$157 | 27.8 bp −$2,782 | 102.3 bp −$51.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0056% | 1h | 0.4525 | −0.099% | $243K | $207K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4522 | −0.161% | $154K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4510 | −0.420% | $59K | $4.8M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4527 | −0.048% | $65K | — | 150x | as long as short |
| 01 Exchange WLDUSD | +0.0040% | 1h | 0.4522 | −0.144% | $324 | $55 | 5x | as long as short |
| Polymarket Perps WLD-USD | +0.0049% | 1h | 0.4522 | −0.163% | $42K | $2.4M | 10x | as long as short |
| KuCoin WLDUSDTM | +0.0050% | 8h | 0.4527 | −0.044% | $6.7M | $11.9M | 50x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4534 | +0.113% | $4.9M | $2.9M | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4526 | −0.066% | $28K | $798K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4525 | −0.090% | $226K | $1.1M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
Polymarket Perps WLD-USD
KuCoin WLDUSDTM
Lighter WLD
Orderly PERP_WLD_USDC
Aster WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4523 | −0.132% | $50K | $542K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4530 | +0.017% | $86.3M | $338.2M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4529 | 0.000% | $64.5M | $91.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4530 | +0.022% | $34.2M | $154.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4531 | +0.044% | $7.4M | $37.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4529 | 0.000% | $39.1M | $55.9M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4527 | −0.044% | $29.8M | $30.9M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4530 | +0.022% | — | $70.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4532 | +0.073% | $135K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4510 | −0.426% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4484 | −1.004% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4491 | −0.844% | $599K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4482 | −1.038% | $48K | $240K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4533 | +0.088% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4529 | 0.000% | $210 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4520 | −0.199% | $827K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4529 | 0.000% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4525 | −0.089% | $221K | $999K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4526 | −0.061% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4523 | −0.127% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4514 | −0.322% | $5K | $52K | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4513 | −0.353% | $6K | $185K | 5.5x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4527 | −0.049% | $4K | — | 100x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4507 | −0.486% | $4.8M | $915K | 75x | |
| Hyperliquid WLD | +0.0255% | 1h | 0.4533 | +0.099% | $49.0M | $44.0M | 10x | as long as short |
| Deribit WLD_USDC-PERPETUALlong | +0.0413% | 1h | 0.4529 | long leg | $145K | $1.0M | 25x | |
| Kraken Futures PF_WLDUSD | +0.0500% | 1h | 0.4533 | +0.096% | $863K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0536% | 1h | 0.4531 | +0.044% | $276K | $1.7M | 50x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit 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
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
Injective WLD/USDC PERP
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX