Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against Gate−0.307%108s7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.554% of the position
Funding, last 7 days+0.271%+$27 on $10k
+Price spread, last 4 days (all we have)+0.760%+$76 · spread now −0.307%, 7d avg +0.026%
=Funding pays, the price is against you. BloFin is 0.333% cheaper against Gate than usual: you would sell low and buy high (spread −0.307% now, against its 7-day average of +0.026%). If the spread goes back, that is −$33 on $10k: about 9.2 days of funding at the current rate (+$4 a day). The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WLD_USDT | 0.4564 | 0.0100 | pay 0.0100% / 8h | 4h 03m | $7.2M | $37.0M | 75x |
| Short | BloFin WLD-USDT | 0.4550 | 0.0220 | get 0.0220% / 8h | 4h 03m | $4.9M | $827K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: −0.307% → +0.026%
- −$33.29
- Slippage, 4 orders
- −$28.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$63.5
- Costs to cover
- 0.554%
- Break-even
- 24.6 days
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 5 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, 5 min ago | 1.10 bp | 15.0 bp −$15 | 38.3 bp −$383 | 58.6 bp −$5,863 | 126.0 bp −$63.0K |
| Sell BloFin live order book, 5 min ago | 3.29 bp | 9.3 bp −$9 | 12.9 bp −$129 | 31.7 bp −$3,166 | 102.7 bp −$51.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0047% | 1h | 0.4561 | −0.077% | $242K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4564 | −0.008% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4556 | −0.175% | $53K | $4.6M | 1.7x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4566 | +0.039% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0005% | 8h | 0.4564 | 0.000% | $6.9M | $11.7M | 50x | as long as short |
| Injective WLD/USDC PERP | +0.0014% | 1h | 0.4583 | +0.416% | $6K | $185K | 5.5x | as long as short |
| Lighter WLD | +0.0096% | 1h | 0.4570 | +0.125% | $4.9M | $2.4M | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0098% | 8h | 0.4565 | +0.022% | $28K | $885K | 10x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4563 | −0.020% | $45K | $2.2M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4566 | +0.051% | $211K | $1.1M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica WLD | +0.0100% | 1h | 0.4565 | +0.021% | $49K | $527K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4567 | +0.060% | $86.6M | $328.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4564 | 0.000% | $65.0M | $89.5M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4563 | −0.022% | $34.3M | $149.9M | 50x | as long as short |
| Gate WLD_USDTlong | +0.0100% | 8h | 0.4564 | long leg | $7.2M | $37.0M | 75x | |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4566 | +0.044% | $43.4M | $54.6M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4565 | +0.022% | $30.2M | $30.2M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4565 | +0.022% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4564 | −0.004% | $136K | $299K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4556 | −0.182% | $2.1M | $1.7M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4553 | −0.239% | $27K | $320K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4561 | −0.066% | $603K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4556 | −0.175% | $43K | $238K | 50x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4560 | −0.088% | $22K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4563 | −0.022% | $172 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4554 | −0.219% | $832K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4568 | +0.088% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4563 | −0.028% | $218K | $981K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4562 | −0.044% | $31K | $600 | 3x | as long as short |
| 01 Exchange WLDUSD | +0.0128% | 1h | 0.4565 | +0.031% | $327 | $80 | 5x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4563 | −0.016% | — | — | 20x | as long as short |
| Phoenix WLD | +0.0158% | 1h | 0.4568 | +0.085% | $5K | $52K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | +0.0189% | 1h | 0.4562 | −0.044% | $124K | $963K | 25x | as long as short |
| BloFin WLD-USDTshort | +0.0220% | 8h | 0.4550 | −0.307% | $4.9M | $827K | 75x | |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4565 | +0.027% | $5K | — | 100x | as long as short |
| Hyperliquid WLD | +0.0334% | 1h | 0.4570 | +0.138% | $50.2M | $43.3M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0481% | 1h | 0.4566 | +0.036% | $881K | $2.8M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0496% | 1h | 0.4561 | −0.066% | $267K | $1.6M | 50x | as long as short |
Gate WLD_USDT
BloFin WLD-USDT
Kalshi KXWLDPERP
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Injective WLD/USDC PERP
Lighter WLD
Polymarket Perps WLD-USD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
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
01 Exchange WLDUSD
Phoenix WLD
Deribit WLD_USDC-PERPETUAL
GMX WLD/USD [ETH-USDC]
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX