Funding you earn now, next payment 03:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.036%
Price spread now: Deribit against Extended+0.296%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days−0.486%−$49 on $10k
+Price spread, last 4 days (all we have)+0.568%+$57 · spread now +0.296%, 7d avg +0.090%
=Together, before fees+0.082%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.206% dearer against Extended than usual: you sell high and buy low (spread +0.296% now, against its 7-day average of +0.090%): +$21 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.6 days. At the pace of the last 7 days (−0.486% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended WLD-USD | 0.4628 | 0.0104 | pay 0.0013% / 1h | 41m 36s | $213K | $927K | 10x |
| Short | Deribit WLD_USDC-PERPETUAL | 0.4642 | 0 | get 0.0000% / 1h | 41m 36s | $120K | $923K | 25x |
Extended WLD-USD
Deribit WLD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. 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
- −$21.84
- Price spread: +0.296% → +0.090%
- $20.63
- Slippage, 4 orders
- −$25.43
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$38.64
- Costs to cover
- 0.374%
- Break-even
- never at this rate
Slippage from Extended: live order book, 21 min ago; Deribit: live order book, 22 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 Extended live order book, 21 min ago | 2.14 bp | 4.6 bp −$5 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 22 min ago | 6.41 bp | 18.2 bp −$18 | doesn't fit | doesn't fit | 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 | −0.0141% | 8h | 0.4652 | +0.512% | $58K | $4.5M | 1.7x | as long as short |
| KuCoin WLDUSDTM | −0.0038% | 8h | 0.4621 | −0.158% | $7.1M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4625 | −0.069% | $165K | $26K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUALshort | 0.0000% | 1h | 0.4642 | +0.296% | $120K | $923K | 25x | |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4644 | +0.336% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0068% | 1h | 0.4633 | +0.102% | $268K | $187K | 5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0071% | 8h | 0.4640 | +0.253% | $28K | $893K | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4629 | +0.004% | $176K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4626 | −0.050% | $51K | $508K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4634 | +0.123% | $88.0M | $325.0M | 75x | as long as short |
Kalshi KXWLDPERP
KuCoin WLDUSDTM
dYdX WLD-USD
gTrade (Gains Network) WLD/USD
Nado WLD-PERP
Orderly PERP_WLD_USDC
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4634 | +0.123% | $66.2M | $87.9M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4633 | +0.102% | $34.9M | $149.3M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4627 | −0.028% | $7.2M | $36.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4627 | −0.028% | $45.6M | $54.2M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4628 | −0.006% | $30.7M | $29.5M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4631 | +0.058% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4638 | +0.210% | $138K | $290K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4628 | −0.013% | $2.1M | $1.8M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4640 | +0.257% | $28K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4659 | +0.655% | $617K | $1.8M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4646 | +0.383% | $51K | $236K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4646 | +0.372% | $54K | $2.0M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4651 | +0.491% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4642 | +0.296% | $296 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4644 | +0.339% | $848K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4642 | +0.296% | $1.9M | $3.7M | 50x | as long as short |
| Extended WLD-USDlong | +0.0104% | 1h | 0.4628 | long leg | $213K | $927K | 10x | |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4623 | −0.106% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4643 | +0.317% | — | — | 20x | as long as short |
| 01 Exchange WLDUSD | +0.0144% | 1h | 0.4632 | +0.087% | $331 | $80 | 5x | as long as short |
| Phoenix WLD | +0.0172% | 1h | 0.4626 | −0.054% | $5K | $57K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4655 | +0.577% | $5.0M | $808K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0230% / S −0.1268% | 1h | 0.4644 | +0.341% | $5K | — | 100x | as long as short |
| Lighter WLD | +0.0368% | 1h | 0.4628 | −0.011% | $5.0M | $2.3M | 10x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0480% | 1h | 0.4660 | +0.685% | $278K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0531% | 1h | 0.4629 | +0.011% | $51.5M | $42.9M | 10x | as long as short |
| Injective WLD/USDC PERP | +0.0677% | 1h | 0.4650 | +0.469% | $6K | $185K | 5.5x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0892% | 1h | 0.4642 | +0.290% | $904K | $2.9M | 50x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
Variational Omni WLD
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Aevo WLD-PERP
Reya WLDRUSDPERP
01 Exchange WLDUSD
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Lighter WLD
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Injective WLD/USDC PERP
Kraken Futures PF_WLDUSD