WLD

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0318%/8h= +34.9% APRnext payment +$0.40 per $10,000 · paid last 24h +0.010%

Price spread now: Kraken Futures against dYdX+0.092%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$186as in the Funding arb table

Net, price: spread back to 7d avg − costs−$199as in the Price arb table

costs, in and out, $10k−$2062.064% of the position

Long on dYdX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.209%+$21 on $10k

Price spread, last 3 days (all we have)+0.067%+$7 · spread now +0.092%, 7d avg +0.020%

Together, before fees+0.275%+$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.072% dearer against dYdX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.020%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.209% in total (about 10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.40 per $10,000. 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	dYdX WLD-USD	0.4730	0	get 0.0000% / 1h	7m 14s	$169K	$12K	10x
Short	Kraken Futures PF_WLDUSD	0.4734	0.0318	get 0.0040% / 1h	7m 14s	$943K	$2.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against dYdX. 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 dYdXbpFee Kraken FuturesbpOrdersPrice spread, now +0.092%Rate

Funding earned: $66.85
Price spread: +0.092% → +0.020%: $7.17
Slippage, 4 orders: −$186.4
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$132.37
Costs to cover: 2.064%
Break-even: 20.9 days

Slippage from dYdX: live order book, 2 min ago; Kraken Futures: 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 dYdX live order book, 2 min ago	77.99 bp	83.0 bp −$83	101.9 bp −$1,019	155.9 bp −$15.6K	636.0 bp −$318.0K
Sell Kraken Futures live order book, 1 min ago	8.46 bp	13.5 bp −$13	30.5 bp −$305	1157.1 bp −$115.7K	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
Kalshi KXWLDPERP	−0.0161%	8h	0.4734	+0.091%	$30K	$4.0M	1.7x	as long as short
Nado WLD-PERP	−0.0025%	1h	0.4733	+0.059%	$275K	$178K	5x	as long as short
KuCoin WLDUSDTM	−0.0014%	8h	0.4727	−0.057%	$7.1M	$11.2M	50x	as long as short
dYdX WLD-USDlong	0.0000%	1h	0.4730	long leg	$169K	$12K	10x
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4729	−0.015%	$56K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4744	+0.302%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0050%	8h	0.4730	+0.006%	$29K	$900K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4730	+0.016%	$208K	$995K	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4732	+0.049%	$56K	$485K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4734	+0.081%	$90.5M	$311.0M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4735	+0.112%	$68.6M	$83.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4729	−0.015%	$35.9M	$150.3M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4730	+0.006%	$7.5M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4732	+0.049%	$49.3M	$55.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4730	+0.006%	$31.7M	$27.4M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4730	+0.006%	—	$67.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4728	−0.046%	$140K	$277K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4717	−0.274%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4721	−0.186%	$28K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4728	−0.027%	$624K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4723	−0.142%	$57K	$232K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4734	+0.083%	$45K	$1.8M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4734	+0.091%	$24K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4729	−0.015%	$230	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4731	+0.028%	$900K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4726	−0.078%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4729	−0.013%	$218K	$894K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4732	+0.038%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4730	+0.007%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4726	−0.078%	$5K	$53K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0173%	1h	0.4732	+0.049%	$136K	$863K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4732	+0.049%	$5.1M	$880K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4731	+0.027%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4735	+0.108%	$339	$77	5x	as long as short
Kraken Futures PF_WLDUSDshort	+0.0318%	1h	0.4734	+0.092%	$943K	$2.7M	50x
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4737	+0.154%	$277K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0880%	1h	0.4740	+0.216%	$53.2M	$44.0M	10x	as long as short
Lighter WLD	+0.0992%	1h	0.4741	+0.245%	$5.4M	$2.0M	10x	as long as short