Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Gate−0.044%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.044%, 7d avg +0.010%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.054% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WLD_USDT | 0.4530 | 0.0100 | pay 0.0100% / 8h | 2h 16m | $7.4M | $34.8M | 75x |
| Short | Binance WLDUSDT | 0.4528 | 0.0090 | get 0.0090% / 8h | 2h 16m | $85.1M | $292.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$2.04
- Price spread: −0.044% → +0.010%
- −$5.41
- Slippage, 4 orders
- −$18.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.4
- Costs to cover
- 0.440%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 12 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 Gate live order book, 3 min ago | 1.10 bp | 13.3 bp −$13 | 30.9 bp −$309 | 77.8 bp −$7,782 | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.10 bp | 7.7 bp −$8 | 15.6 bp −$156 | 61.4 bp −$6,139 | 196.6 bp −$98.3K |
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 | −0.0447% | 8h | 0.4541 | +0.243% | $45K | $3.8M | 1.7x | as long as short |
| Orderly PERP_WLD_USDC | −0.0020% | 8h | 0.4530 | 0.000% | $28K | $917K | 10x | as long as short |
| Variational Omni WLD | −0.0004% | 8h | 0.4542 | +0.270% | $2.1M | $1.6M | — | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4538 | +0.182% | $155K | $6K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4532 | +0.044% | $123K | $911K | 25x | as long as short |
| KuCoin WLDUSDTM | +0.0002% | 8h | 0.4530 | 0.000% | $7.0M | $10.7M | 50x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4531 | +0.032% | $56K | — | 150x | as long as short |
| Nado WLD-PERP | +0.0035% | 1h | 0.4534 | +0.088% | $271K | $168K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4553 | +0.499% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0076% | 8h | 0.4527 | −0.066% | $33.8M | $137.6M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC WLD_USDT | +0.0090% | 8h | 0.4530 | 0.000% | $53.1M | $47.7M | 300x | as long as short |
| Binance WLDUSDTshort | +0.0090% | 8h | 0.4528 | −0.044% | $85.1M | $292.8M | 75x | |
| Hyperliquid WLD | +0.0100% | 1h | 0.4534 | +0.097% | $46.5M | $41.2M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4538 | +0.177% | $215K | $982K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4537 | +0.155% | $51K | $482K | 5x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4528 | −0.044% | $64.6M | $80.3M | 50x | as long as short |
| Gate WLD_USDTlong | +0.0100% | 8h | 0.4530 | long leg | $7.4M | $34.8M | 75x | |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4528 | −0.044% | $30.0M | $25.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4528 | −0.044% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4538 | +0.174% | $129K | $271K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4549 | +0.419% | $27K | $316K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4549 | +0.415% | $610K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4542 | +0.265% | $55K | $226K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4531 | +0.011% | $51K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4537 | +0.155% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4528 | −0.044% | $197 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4539 | +0.199% | $856K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4529 | −0.022% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4527 | −0.057% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4530 | −0.004% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4530 | −0.005% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0210% | 8h | 0.4535 | +0.110% | $4.9M | $806K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0216% / S −0.1712% | 1h | 0.4530 | +0.010% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0328% | 1h | 0.4535 | +0.119% | $324 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4542 | +0.265% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4540 | +0.221% | $278K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0960% | 1h | 0.4546 | +0.351% | $5.1M | $2.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1100% | 1h | 0.4534 | +0.079% | $921K | $2.6M | 50x | as long as short |
Gate WLD_USDT
Binance WLDUSDT
Kalshi KXWLDPERP
Variational Omni WLD
Deribit WLD_USDC-PERPETUAL
KuCoin WLDUSDTM
gTrade (Gains Network) WLD/USD
Phoenix WLD
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Bybit WLDUSDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Lighter WLD
Kraken Futures PF_WLDUSD