WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0304%/8h= +33.2% APRnext payment +$0.38 per $10,000 · paid last 24h +0.091%

Price spread now: Kraken Futures against Deribit+0.082%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$600.596% of the position

Long on Deribit Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.282%+$28 on $10k

Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.082%, 7d avg +0.011%

Together, before fees+0.191%+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Kraken Futures is 0.071% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit WLD_USDC-PERPETUAL	0.4508	0	get 0.0000% / 1h	55m 20s	$119K	$1.0M	25x
Short	Kraken Futures PF_WLDUSD	0.4512	0.0304	get 0.0038% / 1h	55m 20s	$867K	$2.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee Kraken FuturesbpOrdersPrice spread, now +0.082%Rate

Funding earned: $63.75
Price spread: +0.082% → +0.011%: $7.08
Slippage, 4 orders: −$42.59
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $11.24
Costs to cover: 0.596%
Break-even: 5.8 days

Slippage from Deribit: live order book, 4 min ago; Kraken Futures: live order book, 3 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	2.21 bp	10.1 bp −$10	16.8 bp −$168	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	7.73 bp	21.0 bp −$21	29.8 bp −$298	1017.1 bp −$101.7K	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
dYdX WLD-USD	0.0000%	1h	0.4507	−0.028%	$154K	$32K	10x	as long as short
Kalshi KXWLDPERP	0.0000%	8h	0.4511	+0.067%	$40K	$4.6M	1.7x	as long as short
Deribit WLD_USDC-PERPETUALlong	0.0000%	1h	0.4508	long leg	$119K	$1.0M	25x
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4509	+0.016%	$65K	—	150x	as long as short
Nado WLD-PERP	+0.0039%	1h	0.4504	−0.089%	$234K	$175K	5x	as long as short
Orderly PERP_WLD_USDC	+0.0099%	8h	0.4507	−0.022%	$27K	$631K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4512	+0.083%	$227K	$1.0M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4505	−0.075%	$54K	$543K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4509	+0.022%	$86.5M	$333.3M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4512	+0.089%	$63.8M	$89.4M	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4506	−0.044%	$34.1M	$149.7M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4509	+0.022%	$7.1M	$34.5M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4508	0.000%	$41.8M	$55.5M	300x	as long as short
KuCoin WLDUSDTM	+0.0100%	8h	0.4503	−0.111%	$6.6M	$11.6M	50x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4508	0.000%	$29.7M	$31.0M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4507	−0.022%	—	$20.1M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4509	+0.027%	$131K	$298K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4509	+0.017%	$2.1M	$1.5M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4529	+0.469%	$27K	$320K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4528	+0.436%	$601K	$2.1M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4521	+0.288%	$48K	$238K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4508	0.000%	$49K	$2.7M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4513	+0.111%	$22K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4510	+0.044%	$215	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4511	+0.067%	$825K	$1.5M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4504	−0.084%	$208K	$878K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4508	0.000%	$31K	$500	3x	as long as short
Injective WLD/USDC PERP	+0.0109%	1h	0.4508	0.000%	$6K	$185K	5.5x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4507	−0.027%	—	—	20x	as long as short
Phoenix WLD	+0.0177%	1h	0.4530	+0.481%	$4K	$44K	10x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0219% / S −0.0967%	1h	0.4511	+0.070%	$4K	—	100x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4511	+0.067%	$4.4M	$895K	75x	as long as short
01 Exchange WLDUSD	+0.0232%	1h	0.4508	−0.002%	$323	$55	5x	as long as short
Kraken Futures PF_WLDUSDshort	+0.0304%	1h	0.4512	+0.082%	$867K	$2.8M	50x
Hyperliquid WLD	+0.0367%	1h	0.4513	+0.118%	$50.2M	$43.0M	10x	as long as short
Lighter WLD	+0.0384%	1h	0.4517	+0.191%	$4.9M	$2.9M	10x	as long as short
Phemex WLDUSDT	+0.0393%	8h	0.4513	+0.111%	$1.7M	$3.6M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0440%	1h	0.4515	+0.155%	$268K	$1.6M	50x	as long as short