Funding you earn now, next payment 00:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.85 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against Gate−0.043%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$670.674% of the position
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now −0.043%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.040% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.003%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WLD_USDT | 0.4629 | 0.0100 | pay 0.0100% / 8h | 54m 07s | $7.5M | $35.2M | 75x |
| Short | KuCoin WLDUSDTM | 0.4627 | 0.0015 | get 0.0015% / 8h | 54m 07s | $7.1M | $10.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$17.85
- Price spread: −0.043% → −0.003%
- −$4.04
- Slippage, 4 orders
- −$40.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$89.33
- Costs to cover
- 0.674%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 4 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 | 1.09 bp | 15.8 bp −$16 | 38.1 bp −$381 | 80.5 bp −$8,048 | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.08 bp | 15.7 bp −$16 | 38.8 bp −$388 | 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 | −0.0244% | 8h | 0.4629 | 0.000% | $42K | $3.8M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4630 | +0.019% | $165K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4630 | +0.022% | $110K | $881K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4629 | +0.003% | $58K | — | 150x | as long as short |
| Orderly PERP_WLD_USDC | +0.0010% | 8h | 0.4630 | +0.022% | $28K | $909K | 10x | as long as short |
| KuCoin WLDUSDTMshort | +0.0015% | 8h | 0.4627 | −0.043% | $7.1M | $10.8M | 50x | |
| Nado WLD-PERP | +0.0074% | 1h | 0.4627 | −0.043% | $279K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4631 | +0.043% | $196K | $999K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4632 | +0.061% | $53K | $481K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4629 | 0.000% | $87.7M | $298.3M | 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 | 0.4629 | 0.000% | $66.3M | $82.3M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4627 | −0.043% | $34.6M | $143.3M | 50x | as long as short |
| Gate WLD_USDTlong | +0.0100% | 8h | 0.4629 | long leg | $7.5M | $35.2M | 75x | |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4630 | +0.022% | $50.1M | $51.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4629 | 0.000% | $30.6M | $25.6M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4629 | 0.000% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4631 | +0.052% | $131K | $269K | 10x | as long as short |
| Variational Omni WLD | +0.0100% | 8h | 0.4623 | −0.132% | $2.1M | $1.6M | — | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4618 | −0.240% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4625 | −0.087% | $621K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4624 | −0.108% | $56K | $228K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4631 | +0.039% | $42K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4636 | +0.151% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4629 | 0.000% | $204 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4624 | −0.108% | $873K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4630 | +0.022% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4627 | −0.040% | $237K | $859K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4632 | +0.054% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0124% | 1h | 0.4617 | −0.268% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4628 | −0.013% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4625 | −0.086% | $4.9M | $824K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0261% / S −0.2221% | 1h | 0.4630 | +0.022% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0272% | 1h | 0.4633 | +0.089% | $331 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4612 | −0.367% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4638 | +0.194% | $276K | $1.7M | 50x | as long as short |
| Hyperliquid WLD | +0.0637% | 1h | 0.4637 | +0.162% | $50.4M | $42.8M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.0710% | 1h | 0.4634 | +0.109% | $925K | $2.6M | 50x | as long as short |
| Lighter WLD | +0.1568% | 1h | 0.4642 | +0.279% | $5.3M | $2.0M | 10x | as long as short |
Gate WLD_USDT
KuCoin WLDUSDTM
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) 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
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Hyperliquid WLD
Kraken Futures PF_WLDUSD
Lighter WLD