Funding you earn now, next payment 06:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h +0.018%
Price spread now: MEXC against Deribit0.000%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$200.202% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now 0.000%, 7d avg −0.044%
=The price spread pays, funding is against you. MEXC is 0.044% dearer against Deribit than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.044%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 39 hours. Mind the row above: over the last 7 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit WLD_USDC-PERPETUAL | 0.4544 | 0.0190 | pay 0.0024% / 1h | 17m 39s | $145K | $1.0M | 25x |
| Short | MEXC WLD_USDT | 0.4544 | 0.0100 | get 0.0100% / 8h | 2h 17m | $39.3M | $56.0M | 300x |
Deribit WLD_USDC-PERPETUAL
MEXC WLD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$18.97
- Price spread: 0.000% → −0.044%
- $4.38
- Slippage, 4 orders
- −$13.23
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$34.81
- Costs to cover
- 0.202%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago | 5.51 bp | 9.0 bp −$9 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.10 bp | 1.1 bp −$1 | 4.3 bp −$43 | 30.9 bp −$3,093 | 84.0 bp −$42.0K |
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 | 0.4540 | −0.077% | $244K | $207K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4540 | −0.086% | $155K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4530 | −0.308% | $53K | $4.8M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4540 | −0.087% | $66K | — | 150x | as long as short |
| 01 Exchange WLDUSD | +0.0048% | 1h | 0.4537 | −0.163% | $325 | $55 | 5x | as long as short |
| KuCoin WLDUSDTM | +0.0052% | 8h | 0.4543 | −0.022% | $6.7M | $11.9M | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0063% | 1h | 0.4538 | −0.136% | $41K | $2.4M | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4546 | +0.051% | $4.9M | $2.9M | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0099% | 8h | 0.4541 | −0.066% | $28K | $797K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4541 | −0.058% | $226K | $1.1M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
KuCoin WLDUSDTM
Polymarket Perps WLD-USD
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 | 0.4545 | +0.017% | $51K | $539K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4544 | −0.005% | $86.6M | $338.3M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4545 | +0.022% | $64.7M | $91.4M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4545 | +0.022% | $34.3M | $154.6M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4543 | −0.022% | $7.2M | $37.6M | 75x | as long as short |
| MEXC WLD_USDTshort | +0.0100% | 8h | 0.4544 | 0.000% | $39.3M | $56.0M | 300x | |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4545 | +0.022% | $30.1M | $31.0M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4540 | −0.088% | — | $70.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4546 | +0.042% | $135K | $300K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4510 | −0.755% | $2.0M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4512 | −0.704% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4491 | −1.171% | $599K | $2.0M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4482 | −1.364% | $48K | $240K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4547 | +0.066% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4545 | +0.022% | $212 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | −0.110% | $831K | $1.7M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4544 | 0.000% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4539 | −0.114% | $222K | $999K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4535 | −0.209% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4540 | −0.093% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0142% | 1h | 0.4514 | −0.651% | $5K | $52K | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0176% | 1h | 0.4513 | −0.682% | $6K | $185K | 5.5x | as long as short |
| Deribit WLD_USDC-PERPETUALlong | +0.0190% | 1h | 0.4544 | long leg | $145K | $1.0M | 25x | |
| GMX WLD/USD [ETH-USDC] | L +0.0219% / S −0.0967% | 1h | 0.4540 | −0.085% | $4K | — | 100x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4535 | −0.198% | $4.8M | $921K | 75x | as long as short |
| Hyperliquid WLD | +0.0263% | 1h | 0.4545 | +0.024% | $49.1M | $44.0M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0498% | 1h | 0.4548 | +0.097% | $866K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0536% | 1h | 0.4548 | +0.088% | $277K | $1.7M | 50x | as long as short |
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate 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]
BloFin WLD-USDT
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX