Funding you earn now, next payment 04:00 UTC+0.0377%/8h= +41.3% APRnext payment +$0.47 per $10,000 · paid last 24h +0.022%
Price spread now: Kraken Futures against Extended−0.002%7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 4 days (all we have)+0.455%+$46 · spread now −0.002%, 7d avg +0.102%
=Together, before fees+0.207%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.104% cheaper against Extended than usual: you would sell low and buy high (spread −0.002% now, against its 7-day average of +0.102%). If the spread goes back, that is −$10 on $10k: about 22 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −0.248%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.248% in total (about -13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.47 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 | Extended WLD-USD | 0.4563 | 0.0104 | pay 0.0013% / 1h | 46m 40s | $220K | $981K | 10x |
| Short | Kraken Futures PF_WLDUSD | 0.4563 | 0.0481 | get 0.0060% / 1h | 46m 40s | $883K | $2.8M | 50x |
Extended WLD-USD
Kraken Futures PF_WLDUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $79.16
- Price spread: −0.002% → +0.102%
- −$10.42
- Slippage, 4 orders
- −$28.09
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $25.64
- Costs to cover
- 0.431%
- Break-even
- 4.7 days
Slippage from Extended: live order book, 11 min ago; Kraken Futures: live order book, 2 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, 11 min ago | 2.19 bp | 4.7 bp −$5 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 7.67 bp | 12.7 bp −$13 | 28.6 bp −$286 | 1031.4 bp −$103.1K | 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 | −0.0107% | 8h | 0.4565 | +0.048% | $62K | $4.6M | 1.7x | as long as short |
| Nado WLD-PERP | −0.0079% | 1h | 0.4565 | +0.053% | $242K | $205K | 5x | as long as short |
| KuCoin WLDUSDTM | −0.0036% | 8h | 0.4560 | −0.062% | $6.9M | $11.6M | 50x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4562 | −0.014% | $156K | $33K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4563 | +0.004% | $115K | $923K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4565 | +0.054% | $66K | — | 150x | as long as short |
| 01 Exchange WLDUSD | +0.0008% | 1h | 0.4572 | +0.210% | $327 | $80 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4558 | −0.105% | $6K | $185K | 5.5x | as long as short |
| Orderly PERP_WLD_USDC | +0.0083% | 8h | 0.4560 | −0.062% | $28K | $888K | 10x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4567 | +0.103% | $4.9M | $2.4M | 10x | as long as short |
Kalshi KXWLDPERP
Nado WLD-PERP
KuCoin WLDUSDTM
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
01 Exchange WLDUSD
Injective WLD/USDC PERP
Orderly PERP_WLD_USDC
Lighter WLDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WLDUSDT | +0.0100% | 8h | 0.4563 | −0.003% | $189K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4565 | +0.038% | $49K | $528K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4565 | +0.048% | $86.6M | $327.4M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4564 | +0.026% | $65.0M | $88.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4563 | +0.004% | $34.2M | $148.7M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4563 | +0.004% | $7.2M | $36.7M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4565 | +0.048% | $44.4M | $53.8M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4564 | +0.026% | $30.1M | $30.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4565 | +0.048% | — | $67.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4565 | +0.048% | $135K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4575 | +0.260% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4559 | −0.083% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4561 | −0.039% | $600K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4559 | −0.084% | $43K | $239K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4570 | +0.147% | $41K | $2.1M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4577 | +0.311% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4561 | −0.040% | $171 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4567 | +0.092% | $836K | $1.9M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4564 | +0.026% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USDlong | +0.0104% | 1h | 0.4563 | long leg | $220K | $981K | 10x | |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4561 | −0.034% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4565 | +0.054% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4563 | +0.011% | $5K | $52K | 10x | as long as short |
| Hyperliquid WLD | +0.0167% | 1h | 0.4565 | +0.039% | $50.1M | $43.2M | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4564 | +0.026% | $4.9M | $845K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4566 | +0.062% | $5K | — | 100x | as long as short |
| Kraken Futures PF_WLDUSDshort | +0.0481% | 1h | 0.4563 | −0.002% | $883K | $2.8M | 50x | |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4571 | +0.179% | $268K | $1.7M | 50x | as long as short |
Aster WLDUSDT
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
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Aevo WLD-PERP
Reya WLDRUSDPERP
Phoenix WLD
Hyperliquid WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
Coinbase International WLD-PERP-INTX